Avoid trading unless you are sure of what you do

[Sum24]

Yes, trading is addictive and really something similar with sports betting and therefore requires cold and deliberate decisions

Trading needs bold mind which do not suffers with miner things because there will be rise and fall but only your good thinking wise planning can help you get out of all this other wise you will be sad. So keep on learning and before trading try to know either you are fully acknowledged about market and about trading skills.

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[GrayFullbuster]

Just a friendly reminder. "trading is not for everyone". The person who wants to enter to the trading world should have enough knowledge and he/she should be well prepared. There are many unexpected situations that are happening in the trading of cryptocurrencies so we should always be prepared to what will happen for us to not lose our money.

[Fredomago]

If you are not good at trading you must stop trading to avoid losing. That's not bad if you hold even I think it's safe than trading and good for your investment. 

It can be learned so before start to deal with trading a proper guide and risk management should be study carefully, if you a good analysis and you are willing to move forward tools are all over the place, practice well and avoid making any decisions without understanding the risk and willingness to adopt any changes that might happen while you are inside the market.

[Johnzky]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

Never forget guys that Crypto Trading is not for all cryptonians,because this risky area of profiteering is only for those who has an idea and knowledgeable about the market circulation and price movements.meaning this field only for those who are willing to learn for longer time and not just for thoese who wanna earn overnight

So if you think you are not having his kind of behavior and attitude then better forget about it and just HODL

[Finestream]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

Never forget guys that Crypto Trading is not for all cryptonians,because this risky area of profiteering is only for those who has an idea and knowledgeable about the market circulation and price movements.meaning this field only for those who are willing to learn for longer time and not just for thoese who wanna earn overnight

So if you think you are not having his kind of behavior and attitude then better forget about it and just HODL

Yes.Trading needs a continuous learning.You will keep on learning new ideas and strategies in everytime you trade.So the more trading experiences,the more chances of developing your own strategies and skills.Trading is also a risky thing so i suggest do not trade unless you are not ready to take the risks.Traders who successfully gained huge profits in the end are most likely those traders who are never afraid of taking risks.

[Agapelove]

Trading cryptocurrencies is not as easy as other cryptoenthusiasts are saying. One factor that makes trading a bit harder is the volatility of the market. Also, the unpredictability of the market show a huge rise and then followed by a much more decline. That's why trading is for wise and strong people. People that are not afraid to lose.

[ipanks]

Usually, if the market is in the downtrend, I will watch closely to find which coins that can increase in the next days and sometimes, I can get a clue by watching the chart, the order history and the position of buying and selling. But in the other time, I was only watching without making any buy order because I need to be sure if I want to buy the coin. So I need more time to analyze the coin to decide.

[shoreno]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

Never forget guys that Crypto Trading is not for all cryptonians,because this risky area of profiteering is only for those who has an idea and knowledgeable about the market circulation and price movements.meaning this field only for those who are willing to learn for longer time and not just for thoese who wanna earn overnight

So if you think you are not having his kind of behavior and attitude then better forget about it and just HODL

Yes.Trading needs a continuous learning.You will keep on learning new ideas and strategies in everytime you trade.So the more trading experiences,the more chances of developing your own strategies and skills.Trading is also a risky thing so i suggest do not trade unless you are not ready to take the risks.Traders who successfully gained huge profits in the end are most likely those traders who are never afraid of taking risks.

what about luck  ? you cant just forget luck because this is the only key recipe in order for your trades to become succesful  . they say trading is like gambling where it needs luck and i agree on them because no matter of skillful and well experienced i am , i cant still predict the total outcome of the price of the coins that i will trade   .  begginers can also trade , thats why i disagree about the title of this thread  .  all pro traders starts as a noob and they persist to continue even if they are lacking of knowledge because that is the only way a person can learn .

[gabmen]

Usually, if the market is in the downtrend, I will watch closely to find which coins that can increase in the next days and sometimes, I can get a clue by watching the chart, the order history and the position of buying and selling. But in the other time, I was only watching without making any buy order because I need to be sure if I want to buy the coin. So I need more time to analyze the coin to decide.

Well obviously dude you know what you're doing. It's just that there are people who see trading as a simple buy low sell high venture. That's true in a way but it's a lot more than that. Like you, one would have to know the fundametals and not just blindly selecting random coins while they seem to be down. People lose money that way.

[tmfp]

FOMO inspired overtrading is a common mistake, especially with new traders/speculators who set themselves profit targets.
Never forget: there's always another trade.

[Kimi80]

Exactly. A person should know basic things and methodology of trading for being successful and off course, experience that you gain through the process itself is more than necessary.
And I haven't heard many people that have same attitude as you. Mostly are complaining about bad experiences in trading and are looking for solution of that problem, not willing to give up. Since we all are different we should act so too. Maybe this area doesn't suits you and best way is to quit forcing it. I totally support you here cause I am the same guy. If it doesn't work the way I thought it will, with all the corrections and all the adds that I made, I will quit it and move to something else.

[enawati]

Trading offer high profit and that mean the risk also high but that no reason to avoid it, because trading is not gambling and we can reduce the risk. Many trader already successfully and they make alot of money, and some newbie trader has been loss but there are others opportunity to make profit. Just keep learning and later we will make good income from trading.

[Andyoung]

Trading to me is seasonal. There are time when trading seems to be the perfect options to make high chunk of profit (in flunctuating market) and times when trading is the surest way to poverty. Being an expert doesn't always count, but knowing the best time to enter and exit the Market is important as well as removing Greediness from oneself. No matter your expertise, a greedy trader cannot Excel trading in a bear market be because he/she will just be like a swinging pendulum moving to (profit) and fro (loss)

[Oilacris]

In all sorts of things if you don't know on what to do then its better not to proceed because you would just really waste up your time/effort and money.
Same goes with trading which is very risky if you don't know on what you are doing. Better to study and research first before doing anything.

[BeGoods]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

right, if you feel you don't have the ability to trade, then avoid it. because even though we still force it to trade, only the losses we will get.
almost everyone has experienced a bad experience of trading, including I have also lost money because of trade, and until now I have never traded again.

Yeah because trade is not gambling that only relies on luck. need extensive skills and knowledge. without that the trade will only make you lose. what is he say is right if you are not prepared for all the requirements then do not trade.

[Caladonian]

In all sorts of things if you don't know on what to do then its better not to proceed because you would just really waste up your time/effort and money.
Same goes with trading which is very risky if you don't know on what you are doing. Better to study and research first before doing anything.

Applying it to any events that you will going to take in your life, without proper experience and broad ideas about this matter it's better to not to proceed, treat the market as a big ocean where you are not sure what will be inside of, sharks and whales are always been a threat to your life so better to be well prepared and knows where to place yourself to avoid being eaten alive.

In every aspect of life, knowing your capabilities and potential growth is very important, same  principle inside trading if you see that you can handle the risk and you easily adopt things which is needed to cope up and you have the guts to handle the risk of losing money, sometimes people who have the courage are the big successors always up to you and how will you manage to conquer your dreams.

[marcbitcoins]

Actually, everyone is uncertain regarding the future of their investments specially in trading due to volatility of the market in which the price become more unpredictable therefore even if you know of what you are doing but still the chances of losing your money is high. To minimize lose specially in this bearish market then i suggest to invest only what you can afford to lose until the market will become bullish again.

[sclmte]

Right, while you trading you have to watch it all the time, be careful to avoid losing. and you must be sure to fix it properly because it's for me to make it one of the hardest to do because it all depends on your profits so you need to be sure of what you have done and before you start making sure you only have one focus on your attention and do not do another job. and be sure to do everything.

[MURONDI]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

right, if you feel you don't have the ability to trade, then avoid it. because even though we still force it to trade, only the losses we will get.
almost everyone has experienced a bad experience of trading, including I have also lost money because of trade, and until now I have never traded again.

not all people are good at trading, but if you don't have the ability to analyze the market there are still other ways you can still trade, for example, following a signal that is trusted.

[Cherylstar86]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

right, if you feel you don't have the ability to trade, then avoid it. because even though we still force it to trade, only the losses we will get.
almost everyone has experienced a bad experience of trading, including I have also lost money because of trade, and until now I have never traded again.

not all people are good at trading, but if you don't have the ability to analyze the market there are still other ways you can still trade, for example, following a signal that is trusted.

Trading is not an easy game. It takes bravery, toughness, and determination. It requires discipline, focus, and passion. Before engaging into the world of trading, it's very important that we assess ourselves first of what our capabilities are and to build a strong foundation of knowledge to be well-educated about its functionalities. On the other hand, don't force yourself to be a trader just because others used to engage into it, it has to be something that you love doing and where your full interests are in it.