Newbie should trade or not? Please give me idea.

[jcpone]

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots. 

For us to earn cryptocurrency or bitcoin if you are newbie, it means you don't have any skills yet about in Bitcoin ir crypto trading yet.
So I suggest not to go with trading early, you must begin learning first before proceeding into the actual crypto trading, or if you can't stop yourself unto it, just begin with small capital only.

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[ArIMy11]

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.

Internet are full of information. You can make your own research to all the things you want to know. All you need to do is just invest time and effort. But for me it is not enough. You need also to gain experiences. Just like the quote "Experience is the best teacher". Prepare to lose but stand and learn from it. Do not be afraid to trade.

[Gheka]

yes if newbie have the desire to trade, newbie must learn to trade, to practice trading you can try on the tradingview site there you can try to analyze market price movements in real time, tradingview is used from newbie up to professional traders

I would suggest that if a newbie want to trade he should! Just try it out for a small amount of money, experience is the best teacher for me! So by trying it, you would develop your own strategy and you will be familiar with the platform you are using. To be a good trader you will need a lot of experience so, if you lose, that's part of the trading and take it as a lesson. Just enjoy trading and the profit will come overtime.

But unfortunately, newbies who approach trading are always in the role of a gambler, instead of starting with small amounts, gaining experience and starting to go up, they often ignite these processes, replacing this with blind enthusiasm, spend a lot of money to buy altcoin without reading the chart, just based on personal speculation. Worse, they like thrills like trading margin, profit has not come, failure has flooded their minds, so newbie need to really limit their haste and eagerness, exposed the game to the smallest and most basic steps, that is the gist of this question

[whyrqa]

yes if newbie have the desire to trade, newbie must learn to trade, to practice trading you can try on the tradingview site there you can try to analyze market price movements in real time, tradingview is used from newbie up to professional traders

I would suggest that if a newbie want to trade he should! Just try it out for a small amount of money, experience is the best teacher for me! So by trying it, you would develop your own strategy and you will be familiar with the platform you are using. To be a good trader you will need a lot of experience so, if you lose, that's part of the trading and take it as a lesson. Just enjoy trading and the profit will come overtime.

But unfortunately, newbies who approach trading are always in the role of a gambler, instead of starting with small amounts, gaining experience and starting to go up, they often ignite these processes, replacing this with blind enthusiasm, spend a lot of money to buy altcoin without reading the chart, just based on personal speculation. Worse, they like thrills like trading margin, profit has not come, failure has flooded their minds, so newbie need to really limit their haste and eagerness, exposed the game to the smallest and most basic steps, that is the gist of this question

You are absolutely right about the beginner's wrong approach to learning to trade.  Nevertheless, for a novice trader, everything will not go on for a long time exactly as you say, because without certain knowledge no one will succeed, even if her person imagines himself to be a very large specialist.  This approach to trading will immediately reset all trader capital.  I completely agree with this opinion that most traders think that the most important knowledge is to buy cheaper and sell more expensive, but they forget that a good trading result primarily depends on the analysis and the right strategy.

[NavI_027]

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.

Internet are full of information. You can make your own research to all the things you want to know. All you need to do is just invest time and effort.

Exactly, why some people making spoonfeeding a habit. Are they just too afraid of making mistakes or its already an act of laziness:? *sigh

Anyway, going back to the topic, I think the moment that OP bought coins and did nothing for the next four months was already a f*cked up situation. Why on earth he would invest without knowing at least the basics first? Though the coins he bought are considerably good, it would be useless if it is in the wrong hands. I guess the best thing he could do is to act fast, study fast and learn fast as for his money is at high risk.

[nekonyun]

yes, because trading makes you able to earn money easily only works with the brain without having to sweat, tips for newbie may have to read books often about trading

[Lecam]

Yes of course you can trade there's a lot of tutorials how to trade in a right way. You can search it in YouTube. This post is last 2018 maybe now you are a good trader and maybe you now earn money from trading. So good luck sir and many more earnings in trading.

[sayaya17]

You have been trading for a year if i see this post, I think you have a lot of techniques and strategies you have done and you have a lot of flight hours. I first traded using only a small capital and saw a lot of tutorials on YouTube, really it was very helpful, you also must have done it.

[madnessteat]

BlackFor3st, jcpone, ArIMy11 What are you guys answering the topic starter question for?  

If you were careful, you would notice that his last activity at the forum was on June 27, 2019. He never visited the forum again and there's no point in answering his questions.


I would advise beginners to study trading ideas in Tradingview, which are published by users with good ratings. It would also be nice to study "Price Action" by Nial Fuller.

[Freddy11]

See, no one becomes an expert like that. So you have to start as newbie only. But of course there are different routes you can take up for it. Amongst those ways, it is Bots (automatic system) that works for many. I personally like Napbots, as it’s very cool and one of the simplest formula to earn through their Al-Driven Autopilot way. So these are things one can do and as I said you got to begin from some place to have things moving to your way.

[Jateng]

You have been trading for a year if i see this post, I think you have a lot of techniques and strategies you have done and you have a lot of flight hours. I first traded using only a small capital and saw a lot of tutorials on YouTube, really it was very helpful, you also must have done it.

Yeah, I'm wondering what his doing right now and how much money that he already earned. Seeing his post about a year ago, if he pursues his career on trading he will be a great trader and already know a lot. I guess his better than me now since I'm not full time in trading. I guess some of advice you get here in the forum a year ago helps you what you become today.

[barumbado]

They should.All traders atart from scratch.How would you learn if you wont try ?It ill will be hard at the beggining but you can do it if you really are interested and beaide there is a way on how you can learn it.watch video tutorial nad ready yourself,your patience.

[Assface16678]

They should.All traders atart from scratch.How would you learn if you wont try ?It ill will be hard at the beggining but you can do it if you really are interested and beaide there is a way on how you can learn it.watch video tutorial nad ready yourself,your patience.

Wanting to get into the world of trading it is better to make it start to gain a lot of knowledge because one of the best things we have is knowledge and sometimes this is a most essential thing we need because you can handle every situation we have to face on. As a trader to I earn a lot of knowledge, skills, and techniques and also I try those free trading practice websites so you can now identify what are your mistakes after that you can now make an investment and start your very own trading always aim to the goal to get the income and avoid getting distracted of your loss of money.

[DevilSlayer]

You will never learn if you will not put real money in trading but make sure that you will put small amount first in order for you to have less feelings with it. Newbies are vulnerable to losses and that is why you should start at small amount first, professionals are ones newbies so you should start investing now and gain some market knowledge and experience. Experience is important because it is one of the key to become professional trader someday.

[Subbir]

I accept as true with you but it takes an extended time to become knowledgeable they're good to wear slowly, they're more harmful to everything you only need to trade a touch a day for a replacement one. Increase the quantity of investment you'll make. at the present you'll attempt to analyze trading charts well before trading far better then you'll determine the worth level.

[kpllvd]

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots. 

Before you step into real trading I would use one of the many demo sites that are available.  You can practice with "play money" before you step into the deep end with real money.

The biggest tip I can give you is be patient.  Don't fall for the sudden spikes and keep low buy orders just in case the price experiences a flash crash.  Honestly though, it's very difficult to make consistent profit trading and not many people can do it.

True, well but if you want it go for it. Anybody can trade but not anyone knows how to do it properly with some build up strategies. For now, you should know the basics of trading, you should understand and learn how it works. There's a lot of sources where you can learn like Youtube, it will be a big help for you as a beginner. Also after learning the basics make sure that you have jump to market risks, it is a must to know these stuffs for a good trading. You can try it with small amount and observe what will happen so that it will serve as your guide to your next trade, you will have enough knowledge and experience to it and someday you can create your own strategies and become a full time trader.

[rexxarofmoknathal]

My philosophy is that hell yeah, we should have newbies trade, the better question is why not? The reason I think its important is not only for their benefit which obviously is the learning and creating more opportunities but I also see a benefit to the rest of the community by having new people learning how to trade new strategies will be discovered or practiced and its a way to keep it going... I think of it more like an opportunity to learn then create value, sure there are risks and not everyone can make it but in my opinion knowing that you tried its just as important as succeeding

[mdzahed134]

Adding on to that I would say as a newbie invest more and more in education like there are ample of online websites where you can learn about cryptos and last get yourself a broker. There are many brokers like Coinexx, FX choice or LMFX who offer good trading conditions. Selecting a good broker with good conditions will help you trade better.

Newbies shouldn’t start to trade with big amount, i prefer small amount for the practice purposes. Newbies firstly more possibility to losing money in shrot time, so no need big capital at first. Brokers i think you mean exchanges, those aren’t reliable and known in crypto space which you recommended. Conditions dosen't fact, as a newbie you need a lot of practices at any condition.                   

[btc78]

Adding on to that I would say as a newbie invest more and more in education like there are ample of online websites where you can learn about cryptos and last get yourself a broker. There are many brokers like Coinexx, FX choice or LMFX who offer good trading conditions. Selecting a good broker with good conditions will help you trade better.

Newbies shouldn’t start to trade with big amount, i prefer small amount for the practice purposes. Newbies firstly more possibility to losing money in shrot time, so no need big capital at first. Brokers i think you mean exchanges, those aren’t reliable and known in crypto space which you recommended. Conditions dosen't fact, as a newbie you need a lot of practices at any condition.                   

And also there are practice for free in other exchange now so newbies dont really need to spend a single amount to start learning.
but of course traders need to Lose at first to be more functional and assuring every trades they do and this is what we need to be specific in trading,Losing is part of this profiteering and never expect 100% success.

[Abhijeet Tripathi]

Trading isn't for everyone. Almost 95% of all day traders eventually fail. But you can keep going if you have strong heart.
        You can hodl (This is a misspelling of the word ‘hold’, as someone once made a typo and it has since stuck around as a crypto-community trend) a cryptocurrency for short term also known as day trading . In this process trader hold an asset for just a few seconds, to a couple of hours and sell it before the end of the day, hoping to make a small, but quick profit.
       Holding on to a cryptocurrency for longer, this is called long-term trading.
       If you want to trade you need an exchange where you can buy cryptocurrencies at low prices and sell it at higher prices to gain profit. Two methods help you in better trading are-

    1. Speculation- It is when a trader believes a price will go up or down because of a positive news.

   2.   Chart analysis - Exchanges and many other sites provides charts where traders study the price movement of a particular cryptocurrency and try to guess which way it will go, based on historical price movements.
         
          Tips- Be ready to accept losses
                    Never chase your losses
                    Never invest more than you can afford to lose
                    Practice will make you perfect
 All above suggestions are my personal experience so understand all of the risks involved.