Newbie should trade or not? Please give me idea.

[Ayiranorea]

Trading isn't meant for any particular person or to certain level of people. Newbies and everyone who has the mind to learn as well as have capital to invest can get into trading. Trading is all about the market predictions, one who has got the ability to predict the market changes precisely can profit out of it. There are newbies who are good in trading, most of the time newbies were suggested to practice with small funds and further increase their capital.

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[Arkann]

For trading to be profitable, you need to have a very good knowledge of technical and fundamental analysis, and for a beginner it is really very difficult. I do not mind studying at the same time, as well as trying to use a trading robot, so that I can earn a little start-up capital for personal trading as a practical exercise. I believe that the corresponding program will be able to analyze the current moment in the market much better for a person. But I have no experience even choosing a trading bot. Can someone tell me how to proceed and how to choose the software to pass the test?

[Salauddin1994]

There is nothing new here. It is easy to trade if you have experience in trading. There are many newcomers who know a lot about trade and it will depend entirely on itself. If you are interested, no matter how difficult the task, it is very easy to solve it correctly. Newcomers can trade but first, they have to learn trading techniques. It is wise to start with low capital.

[Majharul Saiif]

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. 

There is no one here who was gotten professional in one night. Practice makes a man perfect. So it won't a matter of fresher or newbie here, we are all getting experienced day by day.

Mistake is a lesson for trading. If you will not make any mistake, it will be hard to know better. So it is a normal thing. That's why, it can be said that you can start as a newbie or whatever you are, just focus on your passion and try to gather more knowledge and info about trading and do some small trading as a beginner to start your initial trading experience.

[Renampun]

There is nothing new here. It is easy to trade if you have experience in trading. There are many newcomers who know a lot about trade and it will depend entirely on itself. If you are interested, no matter how difficult the task, it is very easy to solve it correctly. Newcomers can trade but first, they have to learn trading techniques. It is wise to start with low capital.

sorry, but no one is perfect at trading, trading is still not easy even with professionals...
There are three factors that affect whether you will profit in trading, that is analysis, patience/experience, and luck. you will not be profitable without 1 of these three things, so trading is still not easy even for professionals/experienced.

[ChronoLite]

if those newbies are really passionate about trading and want to learn more then they should start it now or never, we know that trading is not for everyone but for those who are really serious about trading then they should give it a chance, start with the low amount first for the first time to have a grasp about what you can do and dont be afraid of losses as you are gaining experience from there

[NotATether]

I can't stress enough, backtest any trading bot on previous trends before trading live with it. If the one you want to use can't be backtested then don't use it, it's too risky to trust as you are using it on the assumption it will make winning trades, without any empirical evidence.

Also, newbies shouldn't learn trading with a bot, they learn trading with a simulator or low-funded account and trading by hand, so that your large capital isn't risked by a newbie error. Advanced users run an algorithm that waits until a trend w/ market patterns comes that matches a previous winning trend and then replay that trade (possibly with wider margin). It's easy to make one if a trading platform has a scripting language to automate trades with.

I also disdain bots that are proprietary and don't let you view their strategies. How can you trade with a bot whose strategy you don't know?

[Savemore]

if those newbies are really passionate about trading and want to learn more then they should start it now or never, we know that trading is not for everyone but for those who are really serious about trading then they should give it a chance, start with the low amount first for the first time to have a grasp about what you can do and dont be afraid of losses as you are gaining experience from there

It is really "now or never", how a newbie can learn trading if he/she will not try to make investment and execute a single trade. Newbies should accept the fact that there is a risks in trading where it is not easy money so they should expect that they can incur losses especially if they do not have foundations or what we can say prior knowledge about trading. Try to trade but make sure that you will begin with small amount of capital because there is a high chance that you can lose it.

[shasha101]

Nowadays there are more number of features in trading like Spot, Leverage, Futures etc with various exchanges.
Through trading platforms you can achieve it what you want.
Initially newbie must learn many tools for learning trading activities and understanding it.
like charting took TradeView etc.
Those tools will help us to predict and take decisions accordingly on market move.

[Kong Hey Pakboy]

In my own opinion, newbies or people who are new in cryptocurrencies should try to trade in cryptocurrency because here they will understand how the crypto markets moves, and how do they get a high and low value. Trading is difficult for everyone, especially for newbies that makes it risky, but it will help them to have a discipline and to control their money at the same time. 

[Janation]

In my own opinion, newbies or people who are new in cryptocurrencies should try to trade in cryptocurrency because here they will understand how the crypto markets moves, and how do they get a high and low value. Trading is difficult for everyone, especially for newbies that makes it risky, but it will help them to have a discipline and to control their money at the same time. 

I think it is good to observe first but I agree that they should start trading.

They might be new ones in the market but if they don't make a move or ride the wave earlier they will be left out. I guess the only problem they should be thinking is in which to invest in or which to buy also maybe what will they trade it. There are a lot of cryptocurrencies in the market, I mean it is flooding with new altcoins, that I why I think it is better for them to just observe for a while then start trading or investing.

[panjul07]

if those newbies are really passionate about trading and want to learn more then they should start it now or never, we know that trading is not for everyone but for those who are really serious about trading then they should give it a chance, start with the low amount first for the first time to have a grasp about what you can do and dont be afraid of losses as you are gaining experience from there

I cant fully agree with the "now or never", why because for me there is no "late" to learn something new.
If newbies are unable to do it now because of some reasons, then they can start it later once they are ready in all aspects especially money and knowledge.
I would say "now or later" is better. Learning it now is better, but trying it now is not really recommended for newbies with no basic knowledge.
The same happened with me years ago when I knew crypto for the first time. As a newbie, I was learning about it first for a year then I did my first trading.

[Freddy11]

It is better to do it through demo account first. If we manage it successfully then only we will be able to gain well. I find it easier with FreshForex broker, as they are amazing with epic setting including Rebate scheme, so I just love it big time.

[akram143]

In my own opinion, newbies or people who are new in cryptocurrencies should try to trade in cryptocurrency because here they will understand how the crypto markets moves, and how do they get a high and low value. Trading is difficult for everyone, especially for newbies that makes it risky, but it will help them to have a discipline and to control their money at the same time. 

I think it is good to observe first but I agree that they should start trading.

They might be new ones in the market but if they don't make a move or ride the wave earlier they will be left out. I guess the only problem they should be thinking is in which to invest in or which to buy also maybe what will they trade it. There are a lot of cryptocurrencies in the market, I mean it is flooding with new altcoins, that I why I think it is better for them to just observe for a while then start trading or investing.

If we compare the crypto trading with stock trading its still easier because we still have less choices here so less analysis is enough to find the right pair and for the newbies they should begin with bitcoin and it will be better bitcoin with a stable coin pair and also they can practice this on the demo account rather than spending their own money.

[Rana590]

In trading, a huge knowledge is needed. As a newbie, no one can earn a lot by trading. It is so risk if you don't know about the crypto currency well. You have to analysis coin regularly.

[Ecito]

in my opinion, beginners must first see how to trade properly and correctly so as not to get a large enough loss. For beginners, you must also know how to trade properly and where the trade is, which requires us to trade.

[Bitlover10]

Here are many advise already given which is useful for new person. For me if you are totally new then spend your time for gaining knowledge about crypto market. This market give you lot of opportunities and that's makes so many possible scam in this field. So my advise is if you are new then don't go with new project. You can only trust in bitcoin. During gaining your knowledge you can hold btc. And once you understand then you can do whatever you want. But always be safe from scammers and fomo.

[Erumo]

Question is - how newbie wants to get profit from cryptocurrency. If through trading, then it is a must to trade. You cant learn to do something without doing it. And you cant learn anything without doing mistakes. Number of mistakes, amount spent and time are individual. Someone need a week, other a year. But if a newbie wants to achieve something - he must not afraid of doing it.

[bangkecol]

If you are still newbie , I recommend you to learn about the trading. You can study for analysis techniques .
Because, success trader is who have become master analysis techniques. Good luck!

[chrismalize]

A professional trader was once a newbie in the industry. What makes a professional trader is hunger for knowledge, consistency, discipline and determination to win.

Therefore, I suggest you first of all get a mentor, someone who's already into the industry. Learn all you could from him/her and then begin to practice what you learn. It will only take time, so remember to be patient enough.


There is a saying that practice makes perfection.

To your success.