Avoid trading unless you are sure of what you do

[LUCKMCFLY]

Having awareness and following rules is one of the best tool for making profit in trading as well as in gambling but if you think of making only trading income better think before taking any step ahead, trading is about knowledge and information, if you will have good information I am sure you will get safe profit without any risk otherwise it is like jumping in river even you don’t know how to swim.

Yes, trading is just like a sort of gambling that you need to get knowledge also it depends on your luck on how market flows price. Gathering information is not just enough on trading or even how knowledgeable you are if you don't have a good timing in trading you end up nothing. Good timing and skills are the best combination of trading that we must apply on but hard to execute.

Keep in mind that the market moves many times responding to the emotions of people, knowledge helps identify when and at what time operators of this style enter, if you understand the market, your losses stop, do not believe in what what other people say, but you will give the word that everything obeyed the offer and demand.

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[playboy654]

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

my general opinion is if you want to be a traders you need to be trained and talented but most of the people start big investment without any experience it leads to a huge loss especially in this situation where you can invest your money I need to be more careful otherwise it will go down only.

[oceantiger]

There is no other truth than this post. Trading is not gambling. Trading is an act that must be learned with time and money. You have to understand what you are doing if not please do not trade or you can trade with paper money till when your confidence is strong then you can go live.

[panjay]

Even if I'm sure about what I do, sometimes I still feel stupid, because of negative profit. That was because of FOMO mainly, I know I'm gonna get rekt but I still trying that thing.

Well at the end of the days, proper risk management was a good way to minimize the damaged.

[jhonjhon]

Even if I'm sure about what I do, sometimes I still feel stupid, because of negative profit. That was because of FOMO mainly, I know I'm gonna get rekt but I still trying that thing.

Well at the end of the days, proper risk management was a good way to minimize the damaged.

There is no gains if we don't risk any. We came into trading just because we are ready to take the risk manage our funds but it sometimes we fail cause  luck of knowledge and market analysis. If we can't manage those losses to be recovered, it probably will losing everything we have. Better to stop and find another ways to be profitable.

[richcorner100]

But there are alot of people also reached financial freedom and changed their life from trading. In all kind of different business the result only 2 , that is failed and successfully, that depending on the risk management and personal our emotional.

[michellee]

But there are alot of people also reached financial freedom and changed their life from trading. In all kind of different business the result only 2 , that is failed and successfully, that depending on the risk management and personal our emotional.

I am sure that they can do that especially if they have skills in trading. But unfortunately, not all of us have the same skills so we can make a profit. We need to learn more about trading if we want always to make the profit which will be difficult at this moment. You need to have more than skills to determine which coins can increase in the next hours. If you can learn from many website and practice, I am sure that you will be able to make those profit like other people.

[seramania]

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

I think trading is almost similar to gambling, but trading has its own analysis and prediction of what we trade. so there's nothing scary to live, how do we deal with the trade,

[Clark05]

Trading is not requirments you can learn while you in trading by keeping research and I suggest to everyone who wants to trade just better to learn some before start. But for me when I started trading my knowledge is not enough and I do learned more when I started trading. Better to sure of what you are doing to avoid mistake because possible can cause to you lose money if you purchase a wrong coin.

[shesheboy]

I keep seeing the phrase " experience is the best teacher " i somehow agree on it  .  so what if you fall and make mistake?  More important is you learn from your bad experience because that is only way to improve yourself . pro and veteran traders do  always start at newbies  , they dont also know what they are doing when they first enter the trading scene  . so thats it @op we all can prove you wrong .

[blackhawkeye1912]

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

As long as you know what you are doing you can go trade anytime you want. Just don't be greedy, that's the no.1 rules so in the end your result would be good. And always apply positive thinking whatever happen in the market platform whether it is bad or good. 

[omonuyak]

Trading is like a game and a very risky one as such you really need to be able to analyze the market before you make good profits from it.  If you are not ready to learn and develop your skills,  you will not be able to succeed in trading.

[monineklutak]

surviving by continually improving analytical skills, and even doing a lot of research on the losses experienced, trust comes after being busy by looking at a continuous analysis chart. Trading is not as easy as it seems, but from here we must try most uncomfortable in pursuing profits and continue to learn the basics of the market.

[faceoff97]

Trading is like a game and a very risky one as such you really need to be able to analyze the market before you make good profits from it.  If you are not ready to learn and develop your skills,  you will not be able to succeed in trading.

Since  I'm not good at trading I much prefer to just buy and hold in my Hodler wallet. Less effort but my funds are well kept with great security and no one has control over  it. Trading demand lot of time and effort, this has to be done with wise assumptions. This is why I just buy as much as I can afford just hold them in secure wallet. Since I prefer multiple kind of coins, I choose to have a Hodler which is multi open source wallet that provides full control of the private key making sure that I'm alone has taking over the assets.

[CarnagexD]

Trading is like a game and a very risky one as such you really need to be able to analyze the market before you make good profits from it.  If you are not ready to learn and develop your skills,  you will not be able to succeed in trading.

Since  I'm not good at trading I much prefer to just buy and hold. Trading demands alot of time and effort, this has to be done with wise assumptions. This is why I just buy as much as I can afford just hold them in secure wallet. Since I prefer multiple kind of coins, I choose to have a Hodler which is multi open source wallet that provides full control of the private key making sure that I'm alone has taking over the assets.

That is why sometimes i don't trade with uncertainty on my mind cause sometimes it really affects your trading style. Holding takes time tp get a profit, but at least it has a sure income however you'll not get the experience you need to be a pro trader.

[Fredomago]

surviving by continually improving analytical skills, and even doing a lot of research on the losses experienced, trust comes after being busy by looking at a continuous analysis chart. Trading is not as easy as it seems, but from here we must try most uncomfortable in pursuing profits and continue to learn the basics of the market.

Yeah there's nothing called easy from this field, you just need to move forward and always learned from any results from your previous trades, keep learning as the market always change paces so you have to always be ready adopting such trend to survive as there's a lots of people who already loses their money from this field.

[djselery]

Trading without a good knowledge about this field is very risky. But you have to start at some point to get the experience required for the coming trades. My advice for novices with crypto trading is that they start reading and getting more knowledge first, and start their first trades with small amounts just to get some experience.

[BitcoinTurk]

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

It is very risky to trade and make new investments in these market conditions. These investments are in fact the same level as gambling and the risk factor is high with the same proportion. If we need to comment on today's market conditions, there are only two clear possibilities under these conditions. The investor will either suffer a serious loss or have a very serious profit margin. There is no loss with low profit margin or low loss margin compared to market conditions a year ago.

[timmydakolo2]

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

Not every newbies even want to listen to this at later end they will rekt out and cry out for losses, trading should be at the sense of full understanding and also get to master the market movement.

[timmydakolo2]

Trading without a good knowledge about this field is very risky. But you have to start at some point to get the experience required for the coming trades. My advice for novices with crypto trading is that they start reading and getting more knowledge first, and start their first trades with small amounts just to get some experience.

At my start what I did was some good practices so I can understand better I didn't jump into trading with my main capitals what I did was I took 5% of my funds and practice as I attend some lectures online.