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Author Topic: The door is never closed to new traders  (Read 1478 times)
Ifemini (OP)
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March 22, 2020, 08:32:02 PM
Merited by fiulpro (2), AicecreaME (1), tk808 (1)
 #1

Most questions that bothers newbies, and crypto currency ethusiasts are,

can i join this trade?
is crypto currency bearish enough to trade?
Is it safe to trade now ?
Can i learn trading now ?

Amidst such doubts, and thoughts, i believe as a newbie or established crypto professionals, as long as you have done your research and learnt basic trade strategies.
It is easier to begin as a traders, and if you learn faster, the best.

But the door is always open to new traders or new investors.
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March 22, 2020, 08:46:30 PM
Merited by tk808 (1)
 #2

The door can never be close to new traders, the issue with most of them is that they do hear or read a story about how people are making money in the space trading but never learn that it is possible to make money and also lose it. Discipline is the main ting in trading is you are not discipline then you are going to lose out with time

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March 22, 2020, 09:41:39 PM
 #3

This is not about doors closing or opening on the newbie trader but whether the newbie has passion for trading. This is important to consider because if you go into something without passion, you are likely to give up during hard times. For trading, many people don't have passion but because of prospect for profit, they go in and come out being wounded.
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March 22, 2020, 10:40:39 PM
 #4

With my personal experience i can tell and suggest new traders that they need to practice trading first preferable with demo accounts and lesrn atleast all the basic things and learn how to read charts before investing their own money because without learning it would be like gambling where majority people end up making losses only.

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March 22, 2020, 10:48:17 PM
 #5

A trader will always be a trader so if you happen to understand that. It means that you can also apply your technique in the traditional trading marketplaces like stocks, forex or any other sort of market that allows you to trade.

There's nothing much difference with cryptocurrencies but it's more of digital cryptocurrencies that you are trading. But being a complete beginner, this is not easy. They are prone to rekt at their very first trades and they must be open with that experience. It's the first step that they have to start.

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March 22, 2020, 11:00:55 PM
 #6

Of course, a market that runs 24x7, 365 days a year. Everyone is very welcome to trade.

But the only thing is the timing, are we going to enter during a bearish market or you guys prefer the bull cycle? So traders have their own strategy, there is no perfect formula etch in stone here. It really up to us, to learn how to make money or at least earn decent regardless of what cycles we are in.

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March 22, 2020, 11:05:44 PM
 #7

We are open 24/7 so technically they can come anytime they want as long as they know what they are doing. Trading is not easy and you must be emotionally prepared on that and most of the newbies failed on their first trade and for me its normal, if you keep on trading then you will learn it along the way so don’t lose hope and keep fighting.

If you are a newbie in crypto trading, one should start small and see how it goes. you should not trade big when you are still fresh in crypto market because the chance of losing it all is high. Even if you are focusing in btc, the risk is still high as the price changes fast. You should observe first because most TAs here don't work. But is good if you have the knowledge of it. and when it comes to other alts, that will be a complex one. because it depends on the development of the coin, the activity of the devs, and hopefully you will not encounter a pump and dump coin. you have to avoid this kind of coin especially if you are new in this as you might end up holding a bag of worthless coins.
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March 22, 2020, 11:11:45 PM
 #8

can i join this trade?
is crypto currency bearish enough to trade?
Is it safe to trade now ?
Can i learn trading now ?
These are some of the questions that bothers newbies to trading; cryptocurrency or forex. But if they focus on the basics they shouldn't be too bothered about this from the onset. When new to trading, one should concentrate on learning and growing their skill through practice; demo or by using very small amount of money, that they can afford to lose.
The highlighted question is the only valid one, and the answer is always yes.

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March 22, 2020, 11:23:12 PM
 #9

There are a lot of trading platforms for newbies and social trading apps will help them to develop the minimum necessary skills in trading. Some guys even compare the forex and crypto trading but this is wrong, in my opinion. The difficulties of crypto trading can't even be compared to the easy forex trading. The patience stone is required for making money in forex but there is no need to wait for months in crypto trading.
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March 22, 2020, 11:57:23 PM
 #10

[snip]

Yeah, they are ask those question because they are terrified and have no much idea about crypto trade. Well crypto currency trade is big risk than other currency cause it's not stable like other currency. In trade risk is everywhere no mater it's crypto or stokes. But there is no better way besides learn how crypto trades works for remove those doubt form newbie traders. So learn and earn experience and like OP said, "the door is always open to new traders or new investors".
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March 23, 2020, 12:26:00 AM
 #11

for beginners or who just want to enter the world of crypto trading, it's never too late. in essence, learning and managing the market is the main key, also capital. because these 3 aspects are the main foundation for trading. Keep in mind that the crypto market is very volatile which makes crypto different from other assets, so the risk of loss is very large and the risk of profit is also very large and it can happen in a short time. because the crypto market trend can change very quickly. in addition, trading volume here is very influential on prices, meaning that the price of crypto will depend on the supply and demands of the coin itself, there are no direct economic factors.

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March 23, 2020, 01:34:42 AM
 #12

New investors and as a beginner are certainly required because with them contributing can add to the price movement of crypto-assets. This door will never be closed for those of you who want to trade Crypto assets. However, many people say that trading crypto-assets is unfriendly to new people because the price of the currency is rapidly changing.

As a beginner, of course, there's a lot you know about cryptocurrency information. You should also understand the objectives and risks of crypto trading.

Many young people are currently interested in crypto-trading. The suggestion for a new trader is not to be afraid to do anything new.

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March 23, 2020, 01:47:08 AM
 #13

If a newbie is determined to learn he can possibly do a trades. There are so many things a newbies should learn before deciding to enter this field. Also, he can't really learn without trying so the best way for them is to experience the real trades. Trading with emotions can't be prevented especially with newbies but if they can't experience it, they will not gonna learn.
 
 Just take note that risk of losing and winning are associated in thia field. But if a newbie is courageous enough to grab this risk with of course good management risk plan, he/she will make a success trades.
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March 23, 2020, 01:59:17 AM
 #14

Entering the world of crypto is very easy, it doesn't need certificates and high knowledge, but caution is needed. Suggestions for those who want to start buying coins that have good prospects and have been tested, buy coins that already have names like Bitcoin, Etherum, Ripple or those in the top 10 Coinmarketcap. Precisely when prices are falling like now is the right time to enter because of the discounted price
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March 23, 2020, 02:38:53 AM
 #15

Most questions that bothers newbies, and crypto currency ethusiasts are,

can i join this trade?
is crypto currency bearish enough to trade?
Is it safe to trade now ?
Can i learn trading now ?

Amidst such doubts, and thoughts, i believe as a newbie or established crypto professionals, as long as you have done your research and learnt basic trade strategies.
It is easier to begin as a traders, and if you learn faster, the best.

But the door is always open to new traders or new investors.
you forgot to mentioned about the Possibilities of losing when starting,because that is the hardest part for the Beginners admitting or knowing that Volatility of cryptocurrency may Lead them to losses specially when we are trying to learn what strategy and how to do such.
there are many traders that has been encouraged to trade here by saying "this can be a easy profit" and so expecting Gains all the time is what they know but suddenly since this is very risky?they fall from traps and what they got is losing then after will surely blame the market and just walk away cursing this crypto market  Grin

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March 23, 2020, 02:43:41 AM
 #16

What we need suggests for them all to become an active person as when they just try to use a single keyword on the google search engine and i guess there will be million results. I don't know why these newbies are lazy even to browsing before try to ask something that they don't know about. Some newbies are also even asking the basic things that can be searched easily on the internet and that doesn't need even a few minutes to get the answer.

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March 23, 2020, 03:01:22 AM
 #17

You're right new traders can enter market at anytime. Trade is not only buy and sell at higher price, we also have margin trading, it allows us to sell if we predict that price will go down and if we're right, we will get profit from sell order. So I mean, we can trade in both bearish and bullish market. New traders can join anytime.

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March 23, 2020, 03:05:11 AM
 #18

You're right new traders can enter market at anytime. Trade is not only buy and sell at higher price, we also have margin trading, it allows us to sell if we predict that price will go down and if we're right, we will get profit from sell order. So I mean, we can trade in both bearish and bullish market. New traders can join anytime.
there are many opportunity to earn eveb we are in the red market . There is no words as close to new traders we are always open for the new trader's who want to also take risk or having profit in trading crypto currency its not too late for other people to also try while other market also is in red.

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March 23, 2020, 03:28:19 AM
 #19

Most questions that bothers newbies, and crypto currency ethusiasts are,

can i join this trade?
is crypto currency bearish enough to trade?
Is it safe to trade now ?
Can i learn trading now ?

  • Yes.
  • Not really because the market can move to any trend, so you need to learn and search for more information about trading.
  • Safe or not, it depends on how you can use your funds to trade. If you can know the risk, and you have knowledge about trading, you will limit your money to trade or stop trading for a while if the market does not move better.
  • Yes, you can search for many good lessons on the internet so that it can give you more information about the current market situations.

Amidst such doubts, and thoughts, i believe as a newbie or established crypto professionals, as long as you have done your research and learnt basic trade strategies.
It is easier to begin as a traders, and if you learn faster, the best.

But the door is always open to new traders or new investors.

Trading will always open to new traders or new investors, but they need to learn about trading, so they know the risk of crypto trading, they can control themselves, they will know when to enter and leave the market. But it is not easy to start trading because without having the right information, you will feel hard to make a profit.

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March 23, 2020, 03:29:41 AM
 #20

The door will never be closed for the new traders, trading is a source free for everyone, the more the merrier it is something like that, but always remember that trading is not really a simple thing so before you do trading you should first do some research about it because being known about it would be a big advantage for you.

Trading is somehow related to investing because you should look or analyze the market because that is really important for you to know if you may earn from doing that both.
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