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Author Topic: Newbie should trade or not? Please give me idea.  (Read 33416 times)
cheezcarls
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June 18, 2020, 05:41:21 AM
 #601

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.  Kiss Kiss

First and foremost, I would like to congratulate you for taking the first step on becoming interested in crypto trading. Everyone here in the forum started trading as newbies. However, you can't just do anything without even taking your time to learn and educate yourself first about cryptocurrency trading.

There are many sources you can find on the internet to learn more about cryptocurrency trading. Google and Youtube are your best friends when it comes to finding what exactly you want to learn about cryptocurrency trading. Other solid platforms like NewsCrypto, Udemy, TraderCobb, Trading Heroes, etc., offering courses for you regarding crypto trading, and you won't be disappointed with them.

Good luck on your crypto trading journey.

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June 18, 2020, 03:54:13 PM
 #602

If you don't do anything, how could you learn something? You can start with fake investment or take demo money that is offered by some exchanges.
I do not think that demo account would be the word for that, maybe it is paper trading, with paper trading, there is no risk involve because you are trading virtually. If people are scared of full-on trading then they can do paper trading since they can experience the same thing as real time trading. Always remember that experience is the best teacher.

I support that a learner should practice with demo account but he don't need to stay there with the demo trading for long because the emotion attached with demo and live trading are not the same. Therefore, learning with little live money account can also be advised after starting off with demo.
The demo account is only for testing the strategy and some other features, if you are sure of the trial period using a demo account then you can then start by making a real deposit. Trading is about mentality and high curiosity, if you don't have that, it would be better for you not to trade because trading is a choice of yourself and not just following the trend.

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June 18, 2020, 06:01:47 PM
 #603

Ok, thanks for all the interesting stuff. Some good advice here!
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June 19, 2020, 02:11:03 PM
 #604

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.  Kiss Kiss

First of all well come to join the trading platform in crypto market. As a new trader you have to learn more and more like

1. How to make target a coin for investment.
2. How to get updated news from their channel about that tokens.
3. You have to read target tokens roadmap more and more.
4. You have to look volume to that tokens in market.
5. Also have to look after ICO price and investors of that tokens.

Besides these there are many option to be a good trader that you will knew gradually.

thanks.
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June 21, 2020, 06:53:57 AM
 #605

Ok, thanks for all the interesting stuff. Some good advice here!

Keep close with some threads here, if you have interest in trading you can learn. Many traders learnt from here and you can also. I wish you and other newbie traders good luck as you read and practice

This is not just good advice, it is just the best.

To be honest, you can't get the best recommendations and advice on the internet unless you are paying people to do it. I am also suggesting my friends read some strategies and advice here and they are doing good for some time now though they are still having some hard time where to invest again and how to find good projects still, they are doing great because of this forum. Keep reading bro, it will really help you.
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June 21, 2020, 07:24:26 AM
 #606

Hello everybody. 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 like me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lot.  Kiss Kiss

Even if you are a newbie you can do trade anytime you want, as long as you have full of knowledge and idea for what you are
entering at you can do trade at once. But if you know that you're not in skills yet about in trading, well of course obviously, it is not advisable
for you to do trade immediately.

But if that is the case that is not a Newbie anymore.

You see, newbies are those people that don't have actual information about this whole thing. They might know what trading is but they don't have the idea of what they are actually doing while on the other hand, amateur knows what that is but they don't have the experience for themselves to be called a professional since they just started to be in the field.

Newbies should gain more knowledge about trading, I don't suggest them to face this wave head-on without anything they can defend with.
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June 21, 2020, 08:33:49 AM
 #607

If you don't do anything, how could you learn something? You can start with fake investment or take demo money that is offered by some exchanges.
I'm actually against trading using demo account. There is no pressure while you trade using demo account, you can't feel the regret once losing your money or missing the spot where the best price at and etc. I'd prefer to start with small funds instead of using demo account, so you have better feeling when doing that.

But it will also help you to get an idea of ​​the market. Demo account is a good thing, to learn trading. Many old and professional traders use demo accounts to verify their new strategy, because here you can see the results of your strategy without losing your funds. However, since there is a fake balance, emotion works less here. I agree with you,  you can't be a good trader just by trading the demo. This requires gaining accurate knowledge about the market.

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June 21, 2020, 08:34:53 AM
 #608

Yes, newcomers can trade of course but before that you simply need to acquire knowledge and study trade then you'll make a profit by trading If you've got no idea about the trade it's better to not trade the danger is going to be less. But it might be better to take a position than trade just in case of investment the quantity of risk is a smaller amount and it's necessary to postpone it for a particular period of your time it's easier to form a profit if the worth goes up.

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June 22, 2020, 02:58:23 PM
 #609

Newbie that wanna trade should learn the basics of trading before investing in trading, everyone was once a newbie before being pro, as a newbie I will advise you to trade in bitcoin only because other altcoins are highly volatile, once bitcoin dumps altcoins dumps and bitcoin dominance increases, thereby making it hard for altcoins to pump accordingly whenever bitcoin is pumping again, this frustration can make you sell at loss as a newbie, learn TA, don't depend on signals call, know when to buy and sell and don't trade everyday as a newbie
This was a fatherly advice you gave there. Very apt. Sometimes, I wonder why people don't think trading is a serious business and should be handled with all the seriousness it deserves like one is going to war. These same people wouldn't dare drive an automobile if they weren't first acquainted with driving rules. Trading isn't any different from that. Learn the skill set, then go all into it.

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June 22, 2020, 03:01:35 PM
 #610

Yes, newcomers can trade of course but before that you simply need to acquire knowledge and study trade then you'll make a profit by trading If you've got no idea about the trade it's better to not trade the danger is going to be less. But it might be better to take a position than trade just in case of investment the quantity of risk is a smaller amount and it's necessary to postpone it for a particular period of your time it's easier to form a profit if the worth goes up.
   

   Subbir trading is open for everyone, but many don't do any research before they get into trading. They think it's easy and
that anyone can do it, but soon as they faces with some loses they understand why they needed some proper education before
they risk their money with trading, that is unknown for them.
   Some people should focus on learning and watching others before they decide to try it, and when they try it they should risk
only what they can afford to lose.



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June 22, 2020, 04:03:12 PM
 #611

Yes, newcomers can trade of course but before that you simply need to acquire knowledge and study trade then you'll make a profit by trading If you've got no idea about the trade it's better to not trade the danger is going to be less. But it might be better to take a position than trade just in case of investment the quantity of risk is a smaller amount and it's necessary to postpone it for a particular period of your time it's easier to form a profit if the worth goes up.
   

   Subbir trading is open for everyone, but many don't do any research before they get into trading. They think it's easy and
that anyone can do it, but soon as they faces with some loses they understand why they needed some proper education before
they risk their money with trading, that is unknown for them.
   Some people should focus on learning and watching others before they decide to try it, and when they try it they should risk
only what they can afford to lose.

I agree, trading is a profession free for anyone to join. On this basis if there were not new people joining there would be no future of trading.

However, as much as trading is encouraged new traders should me made aware that this can easily lose them money. Though, in many ways this can be minimised hence I didn't say avoided because even after being a trader for so long you can't guarantee no loss. For these different ways there are several topics already in this section of the forum.





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Majharul Saiif
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June 22, 2020, 05:46:36 PM
 #612

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.  Kiss Kiss
In here, all the people comes from newbie position. So it is now clear that you are on right track. If you want some advice, then I can suggest from my previous experience which I gathered that knowledge and patience are the key components. You must need both. For knowledge, you have internet connection and just use it to know. You have to keep patience.

  ●   KEEP CALM & HODL   ●
 ❰❰❰❰❰❰  KCH  ❱❱❱❱❱❱ 
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Vitalicus
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June 22, 2020, 06:05:50 PM
 #613

Subbir trading is open for everyone, but many don't do any research before they get into trading. They think it's easy and
that anyone can do it, but soon as they faces with some loses they understand why they needed some proper education before
they risk their money with trading, that is unknown for them.
   Some people should focus on learning and watching others before they decide to try it, and when they try it they should risk
only what they can afford to lose.
Actually, ALL PEOPLE "should focus on learning and watching others before they decide to try". All traders should equip themselves with proper knowledge, skills and fundamental understanding about the market before joining in! When you come to this cryptocurrency world without any knowledge, the only thing you can acquire is failures! Therefore, don't be rush! Learn before doing anything!

kesmex
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June 22, 2020, 06:23:56 PM
 #614

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.  Kiss Kiss
hey, do you have funds in Cryptopia? I see you created this thread in 2018 and I see Cryptopia having a problem, I hope your assets are safe now,
switch to Binance to trade because many coins have the potential to rise there

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Lorokan
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June 22, 2020, 09:19:32 PM
 #615

Yes you are spot on, newbies should definitely trade.
There's no reason to lazy around without trading.

But do not forget that newbies should learn the arts and principles of trading firstly, before delving into trading related Activities.

Always dyor
spike420211
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June 22, 2020, 09:35:03 PM
 #616

I believe that beginners who want to learn how to trade should use the only true method for this - to trade.
However, there is one nuance, I advise beginners to trade on a demo or paper account for a long time, in order to understand how the market works and to make all possible mistakes without spending money on it.
Dr.Osh
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June 23, 2020, 03:08:46 AM
 #617

I believe that beginners who want to learn how to trade should use the only true method for this - to trade.
However, there is one nuance, I advise beginners to trade on a demo or paper account for a long time, in order to understand how the market works and to make all possible mistakes without spending money on it.
Well, the newbie has to study for it. however, if you never start, the newbie will still be the newbie and will ask the same questions. if you want to start, you should prepare all the things that can happen. the most important thing is to try with small assets.

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    CRYPTO WEBNEOBANK    
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Vitalicus
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June 23, 2020, 06:53:47 AM
 #618

I believe that beginners who want to learn how to trade should use the only true method for this - to trade.
However, there is one nuance, I advise beginners to trade on a demo or paper account for a long time, in order to understand how the market works and to make all possible mistakes without spending money on it.
Well, the newbie has to study for it. however, if you never start, the newbie will still be the newbie and will ask the same questions. if you want to start, you should prepare all the things that can happen. the most important thing is to try with small assets.
LOL! You just said what I'm about to say!! A newbie will be a newbie forever if they don't start practicing to gain their knowledge and experiences! The only different thing between a newbie and an old trader is experience! Who have more experiences, they're better in somehow! Therefore, start practicing trading today if you wanna be better!

spike420211
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June 24, 2020, 11:58:00 AM
 #619

I believe that beginners who want to learn how to trade should use the only true method for this - to trade.
However, there is one nuance, I advise beginners to trade on a demo or paper account for a long time, in order to understand how the market works and to make all possible mistakes without spending money on it.
Well, the newbie has to study for it. however, if you never start, the newbie will still be the newbie and will ask the same questions. if you want to start, you should prepare all the things that can happen. the most important thing is to try with small assets.
LOL! You just said what I'm about to say!! A newbie will be a newbie forever if they don't start practicing to gain their knowledge and experiences! The only different thing between a newbie and an old trader is experience! Who have more experiences, they're better in somehow! Therefore, start practicing trading today if you wanna be better!

The things we are talking about are quite obvious.

Any activity in the world requires skill that comes only with experience.
But you missed the point that I emphasized that you can get invaluable experience without investing your own money.

This, in my opinion, is the most valuable thing that can be found in trading.
However, the overwhelming minority resorts to this trick because everyone is eager to make a profit as soon as possible and fall into the trap due to a lack of experience.
spike420211
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June 24, 2020, 12:02:47 PM
 #620

I believe that beginners who want to learn how to trade should use the only true method for this - to trade.
However, there is one nuance, I advise beginners to trade on a demo or paper account for a long time, in order to understand how the market works and to make all possible mistakes without spending money on it.
Well, the newbie has to study for it. however, if you never start, the newbie will still be the newbie and will ask the same questions. if you want to start, you should prepare all the things that can happen. the most important thing is to try with small assets.

There is no difference with what size of the deposit you start trading, it is important that this money is not given psychologically to you. But I believe that this is not worth doing.

Why use your money spending it on trading errors if you can use a demo account with which you can fully understand the market and make all the basic mistakes that beginners make when they start trading.
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