Newbie should trade or not? Please give me idea.

[whyrqa]

I believe that a lot of the nuances should be observed before starting your activity in trading on cryptocurrency markets. Many newcomers at the very beginning make the very first mistake, which consists in the fact that they take loans, borrow and use other people’s and not their own personal funds in order to learn how to earn money on cryptocurrency trading. It seems to me that initially you need to adhere to the main rule: to spend on trade only those available funds from your budget that you can freely dispose of. And future prospects will depend on your experience and attentiveness.

[KnightElite]

The answer is very simple, newbies cannot gain anything if they will not try to trade. Of course they need experience that is why it is important to have a baby step and it is to do trading but newbies should be cautious because of the risks.

There is a popular saying and it is " a master is once a disaster". Newbies should not expect that they will easily become a good trader where they can easily make profit in the market. They should see trading as a process where they need a lot of experiences and knowledge to become successful.

[posi]

Of course you trade any exchanges which are good and secure exchange. I am also trading few tokens. On cryptopia, I hold few tokens but it close everything, then I loss my token.      

Due to the past history of cryptopia i dont consider it to be good and secure exchange.

It will be quite profitable for a beginner to trade with an Amarkets broker, who has fairly low spreads and good managerial support.

I also believe newbies can trade crypto but they need to understand some of the fundamental principles of crypto trading before jump into it because it pretty easy for an inexperienced traders to lose all his investment in crypto trading in a blink of eye.

[suryapro]

Is not advisable for newbies to start trading without acquiring the necessary trading knowledge, instead of rushing into trading, why not first take your time to learn some trading skills needed so as not to lose your hard earn funds. Trading is risky, requires alot of patience and only works well for a well determined trader.

[Neconic]

Dhoe you are absolutely right. Trading is a skill which can be developed during time. Profit comes with experience, there is no other way. If you are planning to enter into trading world it is better to make it step by step.

[Shimmiry]

You can always go on trading anytime you want. But it is always the best to study, observe, and create plans before going into different or unknown environment. Generate analyzations first from different data that you have gathered about the coins that you wanted to be traded. Maximize. Use different indicators before you proceed. It okay to lose as long as you've gain any learnings from that. Experience will be the best weapon that you can gain from trading. Do not rush in.

[Zyxel52]

So many good word for beginners and I feel more confident, as I'm starting to trade now. I understand, that if you loose smth, you should get more. Dob't be afraid.

[diskodasa]

Dhoe you are absolutely right. Trading is a skill which can be developed during time. Profit comes with experience, there is no other way. If you are planning to enter into trading world it is better to make it step by step.

It is necessary to start from the most basic steps in trading because this market is very volatile and will definitely make you lose if you have no knowledge of trading.

I think newcomers need to take the time to learn or be able to watch some videos from the trading experts because they will definitely give you lots of new knowledge. In addition, it is best to use a demo account to get started so that you can avoid these mistakes later.

[perfect999]

It is necessary to start from the most basic steps in trading because this market is very volatile and will definitely make you lose if you have no knowledge of trading.

And if even you have knowledge you should not be dejected by a few bad trades because I have a friend who is trading since 4 years or more and been like 2 years with crypto too and even he makes mistakes from time to time so yeah start from basics but yet don't be down by the initial loss trades.

I think newcomers need to take the time to learn or be able to watch some videos from the trading experts because they will definitely give you lots of new knowledge. In addition, it is best to use a demo account to get started so that you can avoid these mistakes later.

The problem with demo account is that when you know the money is not real you take very bold decisions while when real money is involved you consciously fear about losses no matter how confident you are after a good demo account journey you had because when money is real and risks are true you have to be more careful while when money is virtual and risk are also virtual you become fearless.

[TheGreatPython]

So many good word for beginners and I feel more confident, as I'm starting to trade now. I understand, that if you loose smth, you should get more. Dob't be afraid.

And also the fact that no one is born as a trader and no one is meant to be a trader it is just the circumstances you live and the life you have led so far which makes you feel confident about something or it makes you feel worried about it based on your past experiences.

Anyone who is new to trading must understand that comparing their profits with people who are doing it since years will not help them as they will feel like they are making some mistakes. A tennis player playing at challenger level should not get demotivated by how good Djokovic or Nadal are but take inspiration from them and move forward.

There is no way you won't met with loss initially but there is no way either you won't learn from those losses if you are serious about trading.

[bitgoldpanther1978]

Trading don't have any requirements to everyone, as long as you have the capital to buy coin in the exchange you can do trade anytime you want. Besides, even newbies get loss their coins it not our loss anyway in the end. And I believed that through trading we can learn a lot of things of how to earn or to improve here in this field of business.

[Insanerman]

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. 

Demo accounts are good on practice trades. Try them, they will help you a lot.
 Always do remember that in trading, buying low and selling high is the goal because that's the process to gain profit. But that will not come true if you picked up the wrong coin. There are coins on the market that are not worthy buying and holding. Study the market, the charts, the coin's history, from that you can make a rational decision that will help you to gain profit on that trade. Set some margins on cutting loss and cutting profits, but if you could analyse the market really well, you do bot always need to follow that. Make a decision depending on what is the current market.

[matchi2011]

Dhoe you are absolutely right. Trading is a skill which can be developed during time. Profit comes with experience, there is no other way. If you are planning to enter into trading world it is better to make it step by step.

It is necessary to start from the most basic steps in trading because this market is very volatile and will definitely make you lose if you have no knowledge of trading.

I think newcomers need to take the time to learn or be able to watch some videos from the trading experts because they will definitely give you lots of new knowledge. In addition, it is best to use a demo account to get started so that you can avoid these mistakes later.

Knowing the basic and testing every grounds are very important, it will helps you to established the right patterned to use inside this business.
A lots of people loses their money at the early stage of their attempts due to lack of knowledge, trying to get an impressive results
only to find out that the strategy is not the right one for that certain period of trade.

[Harriti]

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. 

As a newbie, you should trade as much as possible. I regretted spending so much time learning about indicators and things about capital management. Certainly knowledge is required but we can learn it in a month and not spend a few months studying theory. Now I have traded a lot better than before because I have practiced more about the methods that I understand best. My advice is to learn about indicators and pick out the indicators that you trust to learn and practice it. Remember, never trade with large initial capital because you can not win in the first trading day. Be prepared to lose money when trading.

[milandres0207]

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. 

you know to yourself if you have knowledge about trading, of course, if you don't have any idea about it surely you won't gamble your capital investment for that matter. But if your style is come what may, or something relying in fortune I could say that is too risky at all 100%.
But of course the decision still in your hand in the end.

[SacriFries11]

Dhoe you are absolutely right. Trading is a skill which can be developed during time. Profit comes with experience, there is no other way. If you are planning to enter into trading world it is better to make it step by step.

I agree, basic trading means a lot in the beginning. Its allow you to familiarize the different terms being used, the step by step process how to trade and the right entry or exit points before making a move in trading. All traders come from being newbie and the fact that even the experience traders can make mistakes in their trades. You should also trust yourself and don’t expect to high when gaining profit in just small period of time.

[kolbalish]

You have to start somewhere. Whenever any work is launched, it is perpetrated from scrape. You have to work rigorous and also be patient. The preceding fact is that you have to work with proficiency in trading.
So I think Newbie should trade .

[Janation]

Trading don't have any requirements to everyone, as long as you have the capital to buy coin in the exchange you can do trade anytime you want. Besides, even newbies get loss their coins it not our loss anyway in the end. And I believed that through trading we can learn a lot of things of how to earn or to improve here in this field of business.

You said it yourself.

Capital, the money you will be using to invest or trade is the first requirement you should have. Another thing is that you should always afford the lose you are having. With the fast-changing price of these cryptocurrencies, you should also expect a loss. As a newbie you should be ready with this.

[Majharul Saiif]

There is nothing new, you have to move forward. Everything onsets with the new. There is nothing beyond strategy and patient. The experience will come as you go along. But is better to work with as much penalty as there will be in beginning. Must have the vitality to negotiate with any crisis.

[lebregone]

You are doing fine because you didn't start trading right after you join Crytopia, instead you post this topic and ask for the opinion to other forum members.

Meaning, you are in the right track because you like to learn first on how trading works before you will start it. As you are a newbie, don't be lazy and keep on
digging some useful informations that can be use to become successful in trading. Learn the basics and don't be greedy, start at a very minimal amount so you can control your loses
if you cannot do it correctly yet until you become familiar on how trading works.