Don't trade if you're inexperience rather stake your coins.

[Becky666]

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.

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[joniboini]

Well, as the name suggest, inexperienced traders means they're inexperienced. They're bound to make more mistakes instead of calling the right decision. There's no way to solve this except practice and investing a lot of time to improve your skills.

Staking is a good idea, but only if you choose the right coin to stake. Some coins use inflationary model where 80% of their supply is released every year or so which makes your coins less and less valuable.

[AmoreJaz]

Well, as the name suggest, inexperienced traders means they're inexperienced. They're bound to make more mistakes instead of calling the right decision. There's no way to solve this except practice and investing a lot of time to improve your skills.

Staking is a good idea, but only if you choose the right coin to stake. Some coins use inflationary model where 80% of their supply is released every year or so which makes your coins less and less valuable.

exactly! not all staking coins are worth your resources. most of them will lose their value by the time you decided to sell it in the market. so you also need to study the coins that you want to stake. their future and if there's active development going on.
 also trading really needs experience. but even inexperienced traders can participate in trading. because thats where expert traders came from. but only start with very small capital or capital that you can very well afford to lose. gain some tips and tricks before you move on to using bigger funds.

[goldade]

Just like the topic stated, do not trade if you're inexperienced. Inexperience in trading do lead to losses except if you have a stroke of luck in a trade which is jot very frequent.
Rather than trade without experience, it is better to just buy coins and stake. Although this requires some level of knowledge too, it possesses less risk as compared to trading.
What I do advise newbies to do is to gather as much knowledge and skills as possible before one ventures into trading so as not to get burnt

[BIT-BENDER]

  Experienced traders didn't get it by seeking if they where born for it, they worked/learned and practiced.
There are things I consider talent music, football, acting, basketball and so on, but talent needs to be groomed/nurtured.

Amateur traders are very often
+Rash
+ Ambiguous/greedy
+ Impatient/not-committed to learning
+ Assimilate/taking failure as eternal.

Don't badge in into trading with blind folded steps.

[dimonstration]

 Does it mean inexperience traders aren't born to trade?.

Everything can be studied and be able to learn, those experienced trader once a inexperienced trader that just study and do research how to be a trader. Better stydy first before risking or putting any money in any exchange or wallet. While holding and staking can be good to those who didn't want to trade yet, but once they atleast try to learn to trade and got a success trade they will sure seek more to do it. Sometimes just trying it can help or having a coach or guide to do it even simulation trading app can help too.

[jackg]

I had a tiny trade account that had $93 in it i think and I took too much risk (because its my risky part) and brought that down to $7... I have since gone from 7 to 75 so it's getting back near there - it wasn't much to me anyway so I didn't mind running the test, I've changed strategy and put $15 into each position.

Your best bet if you have more than $1000 in crypto, start trading with $5 per trade, rely on as many positive indicators as possible to try to trade continuation patterns if you're able to spot both of these. If not it's fine just to hodl or stake.

As a warning, pick high cap coins to stake - anyone can get burnt with them too if you're not sure on what you're doing.

[Jating]

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.

I agree that trading crypto is not for everyone, obviously, there are a lot of factors to consider with. The mistakes that people do is that they think it is a get rich quick scheme and later found out that it is not. So they get REKT and left trading, or some learn from their mistakes.

I'm not into staking right now, coz I'm afraid that I will get REKT as well, but as @jackg said, perhaps the first step is to pick high cap coins, maybe the chances are small that we will get burned or lose money very quickly.

[milewilda]

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.

You cant say nor conclude that Trading do sucks and its just normal for mistakes to be experienced on first tries or several times when you are still noob.
Come to think that even experienced ones do still commit mistakes.If you'd like to become experienced one then the only way to achieve is to deal with the market and engage with it.You cant make yourself learn if you do just simply ran away just because you had lost some several trades.Its better to look back
and try to figure it out on whats wrong or mistake that you had done on why you had lost your trade not like just on running away after you lost and
consider staking altcoins.Yeah, you can do it but its totally different if we do compare the profitability of staking altcoin to trading gains.
You would see it for yourself if you do make money with trades.

[goinmerry]

For those who are inexperience to have experience, of course, they need to do an actual trades whatever it takes. Losses and mistakes is common on their early journey as what matter here is, they are truly adopting what's going in the trading world.

Even staking coins instead won't save them from losing because they are inexperience.

Building experience is the key. Time will come that this inexperience traders will now be an experience ones or if things turned out good, become a professional one.

[mk4]

Staking altcoins is mostly a bad idea too. Staking is what, mostly at like more or less 6% APY? Sure, it sounds attractive enough in paper(compared to like more or less 1.5% APY through banks), but you also need to take into consideration the price of that certain altcoin. You gained 6% in a year, congrats, but if that certain altcoin dropped 10%(I'm being conservative here) in price in the same year, then you end up losing anyway. Picking an altcoin that actually increases in price in a year is easier said than done.

[LUCKMCFLY]

Just when I started to trade something similar always happened to me, then I understood the logical thing and that is that all altcoins have total dependence on Bitcoin, that the best way to trade Altcoin is ALT / USD, and use the Alt / BTC pair only when Bitcoin is in bullish trend.

The best thing is always to make the corresponding plan and stick to it before trading, if you fail it is best to realize where it failed, if you win the same, but you never have to leave everything to chance, because it would be something similar to entering a casino , and trading is not like that.

[rat03gopoh]

Trade and holdg are different roles. For me, staking is part of the role of the holders where they must have a stronger long-term potential analysis than traders. Traders still have the opportunity to sell what they have left at any time and still have plenty of altcoin options instead for reversing losses.

[maydna]

I believe every people can trade as well as the pro trader. But the problem is not many people willing to learn more about trading, but they only follow what other people suggest. It is not the answer because we don't know if people can analyze better or not, so if we just follow without analyzing ourselves, I am afraid that we can get lost.

Staking the coins can be an alternative way for people who don't have experience in trading, but they need to search which coins can give them the profit. Finding the potential coins will be difficult, especially in the staking section, because there are so many coins at the market that we need to analyze one by one.

You need to learn more details about trading, so you can improve your skills from inexperienced traders to experience traders, and that will need time to become a pro trader.

[Becky666]

<snip>
Staking is a good idea, but only if you choose the right coin to stake. Some coins use inflationary model where 80% of their supply is released every year or so which makes your coins less and less valuable.

This should be far better for inexperience traders than getting into trade and ruin one own investment within a short period of time. Staking some good altcoins should be the right choice of every inexperience trader while learning the 'rough' game called trade.
Is it not better to get little from staking than risk whole funds in trade?, sincerely, to me is better. Thanks @jackg, like your insight.

[Furious 7]

In fact, if we do not have experience about trading, we need to learn how to trade properly where we will see professional traders for us to follow every step, it does not mean buying coins or other, but analyzing techniques and also seeing potential coins to trade. in order to benefit you.

It is also good to take advantage of the bullish trend where we will not lose more even tend to have bigger profits following the rising trend of altcoins that are currently busy in the market, so there is nothing wrong with trying to become experience in trading.

Choosing a coin staked for is good but long enough to earn.

[joniboini]

Staking some good altcoins should be the right choice of every inexperience trader while learning the 'rough' game called trade.
Is it not better to get little from staking than risk whole funds in trade?

Well, there's no rule that prohibit you from trading and staking and the same time, so I guess that should do it. But don't feel safe just because you stake some coins. Remember that your profit depends on the market too. If the coin get dumped, say, 50%, then it's the same thing as losing 50% on a single trade.

It's a matter of preference and skill, if you can scalp and make a good profit daily (5% and more) maybe staking is not that attractive, and vice versa.

[Jawhead999]

Does it mean inexperience traders aren't born to trade?.

Nope, looks like you're too pessimistic. It's hard to be a professional trader, but it doesn't mean you can't be. It takes time to understand the pattern, signal and TA. Some fact says only 5% will earn profit and rest of all in loss.

Trade and holdg are different roles. For me, staking is part of the role of the holders where they must have a stronger long-term potential analysis than traders. Traders still have the opportunity to sell what they have left at any time and still have plenty of altcoin options instead for reversing losses.

Most people choose staking because they think it will be more profitable than just holding in a wallet. 5-10% APY sounds good, but they forgot the volatility of the coin. Although altcoin price is high volatility, they will didn't earn anything (possible loss) if the coin/token get massive dump.

[GreatArkansas]

Inexperience can be improved. We all know trading is really difficult especially there is money involved here.
But if you will become patient to learn how to trade and control your emotion you will become a successful trader. For what I observed on trading, only in the beginning is difficult, but if you will become consistent and learning on your mistakes, you will do better in the future.
About staking coins, these days I don't think it's really profitable especially it's so difficult to find an altcoins that got stake features, although they have huge rewards, the value of the coin itself is not stable or it is become cheaper.

[Bttzed03]

~ Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper.

This is a mistake. You didn't really trade here, you only followed a signal blindly without understanding whether it has been oversold or overbought. More than 90% of the time, you will get rekt if you follow these trading signals. They prey on gullible followers and subscribers.

~ Despite our efforts to ensure we make some progress, the industry doesn't give us a chance.

The market maybe harsh but it gives everyone an equal opportunity. Those who grind and learn consistently will survive. Those who only follow signals and other "expert" opinions blindly will lose.  

~ As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

TRADE. Sounds ironic right? but it's really not. You can read books, watch tutorials on youtube, or even practice using demo accounts but the best way to become good at it is to actually trade. You can try with small minimum amounts and apply whatever it is that you've learned so far from reading, watching, or practicing.