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Author Topic: Don't trade if you're inexperience rather stake your coins.  (Read 1119 times)
iv4n
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September 18, 2020, 12:20:52 PM
 #41

It is not possible to trade without risk you have to move forward with the risk but you have to have enough experience about the trade. It is not possible to rise without basic knowledge inexperience does not allow survival in the market. you need to practice the market well and try to learn the trading rules no one can go very far without experience. This is why many people lose everything and leave the trade and spend their days in despair. You need more than luck to succeed in affiliate business.

Nothing is risk free in this life, we risk all the time. What Paolo Coelho said "Straight roads do not make skillful driver" can be applied to everything, you can't become skilled if you don't get in hard situations, only hard and tough situation will force you to give your maximum while you are under the pressure.
I will repeat what I always say to newcomers, try everything, you need to spend some money on school, and faster you learn less money you will spend and faster you will start earning!


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September 18, 2020, 12:37:16 PM
Merited by Ratimov (1)
 #42

Result of staking altcoins will depend on what altcoin you are staking. Dude, staking does not always bring profit so don't just say to others that they should start staking rather than trading. Both of these investments are risky, your profit or loss will depend highly on your decisions. Some are good at trading, some also prefer staking, but some also just can't pick the right coin to stake, so it will result them a lose if it happens that the coin they staked was dumped.
Try to learn first before engaging into any investment journey, then take experiences and learn more from it. That's how you grow in your investments.

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September 18, 2020, 03:15:06 PM
 #43

Trade is for the smart and for those without the skills should not get into it. The most risky among them all when talk about cryptocurrency investment is 'trade',. For those who intend to get start with trade should ensure they are playing behind safe mode, starting with some little funds should be the best option than putting what can be seen as over-fund. Staking should be seen as the best option to trade 'only if you can't trade as a pro', i love staking some altcoins with good ROI.

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September 18, 2020, 04:32:30 PM
 #44

Market is quite volatile now a days, making trade now means you've to deal lot of fundamental knowledge and most important up to date. If you're trading based on your strategy then be very careful as market becomes extremely dangerous and unpredictable sometimes. Staking coins not always right solution as it could be horrible. Lots of example out there, personally i don't prefer unless you've heavy passionate doing this.


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September 18, 2020, 04:33:36 PM
 #45

I don't suggest newbies to follow your advice. all expert traders was once a newbie and have made a lot and regretful decision also by making mistakes they can learn through it staking is another part it's for users who wanted a passive income since you're just going to stake it unlike trading you will be able to analyze and build up your skills.

All we can suggest to the newbie is don't trade if you are afraid to lose your money and learn to take risk in order to earn.
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September 18, 2020, 05:03:40 PM
 #46

We can't really say one is better than the other because both trading and staking have their own advantages and disadvantages.
Staking does bring us the benefit of getting more coins but if the price of the coin goes low then all the staking rewards are drowned.
Similarly trading coins at a wrong time will drain all our profits too. Both have their own pros and cons.

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September 18, 2020, 05:42:07 PM
 #47

I believe that there are things in between these, you do not have to just be a day trader or just stake your coins, there is bunch of stuff you could do yourself as well.

For example, if you are very new and you do not want to spend money on anything just yet, be active on the forums and read every single part of the forum including your own national language if it is here and you will find places that gives something called "bounty" and some places just give you money for your work that is not bounty, when you find those you get in and you talk with people and make network of people around you (online) that you can talk to about everything, and you will work there for whatever they need and you can both earn and learn crypto. That is literally free and it helps you study crypto world while making profit.

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September 18, 2020, 06:22:36 PM
 #48

Well, if you are inexperienced, you should stake your coins rightly, and also reserve a small proportion of funds to practise trading, because when it comes to trading, the more you trade, the more mistakes you make, the more knowledge you are able to have as regards trading and investment.

Be a risk taker, and always do your own research.
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September 18, 2020, 06:38:26 PM
 #49

Well, if you are inexperienced, you should stake your coins rightly, and also reserve a small proportion of funds to practise trading, because when it comes to trading, the more you trade, the more mistakes you make, the more knowledge you are able to have as regards trading and investment.

Be a risk taker, and always do your own research.

he already know that he lacked experience in trading but he still insist to trade . he shouldnt trade for real at first but he better practice and more practice till he gain confidence and enough experienced . now that he did a mistake on trading he now decides to quit it and switch in staking  but he could have done staking before while now its better that he continue his trading career  because he already got warmed up . more trade doesnt always mean more mistake but along with that you can also earn alot of prodit .

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September 18, 2020, 06:48:25 PM
 #50

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?.
We do believe on a thing when it comes that there are things which arent really mean for someone, in no matter how you do try but you do still end up on failure but before you do make out some decision then try
to learn things up first and dont easily give up on just few tries.Experience cant really be get nor obtained on few tried and this one do take years and lots of efforts for you to do so.

For staking then someone can make this option but as mentioned by others that when it comes to profits then they do really differ but at least you are on the less riskier side but not all people are just fan of
waiting and sitting to get their dividends.

If you do saw that you do have the passion for trading then do it, its too early to say that you'll quit just because you do fail.
I agree with this, I also think it's too early to quit, Trading takes time to learn you can't just buy some token and wait for it to rise, Some research should be made. There are different techniques in trading and analysis that helps your trading to be more precise. You can't just win on one strike, Trading has a process and failure is one of them. Realisticly you can win a trade by just relying on others' prediction but it makes you less confidence with the trade you are doing and you can't blame anyone for the mistakes you have made.

Profit to risk ratio in trading is staking is different, well just pick what suits your lifestyle but telling everyone not to trade is not right, You are giving them some motivation not to give themselves a chance to experience trading.
This is what im trying to say that meeting failures isnt really the end of the road on where you can just easily decide to give up and move on without even reconsidering to learn up from those mistakes
and make yourself efficient on next time trades.

No one starts on being a pro and we do really start as a noob/newbie on where we do build blocks of learning to have a grasp on thing and making ourselves better as we go by.Its really a bad mindset to have
on just simply quit when you have just done on few tries.

Staking nowadays isnt really that ideal unless if you do put up big amounts then you can somehow feel the staked or dividend that you would have but in really talks of profit ratio
then we can tell the difference.

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September 18, 2020, 07:06:21 PM
 #51

I agree. Do not even dare to do trading if you still do not have experience on doing trading. Many people always say that "experience is a great teacher" which is yes a total truth but when it comes to trading and other stuffs related to crypto, being inexperienced and trying to take learnings by taking a brave trial on how tough and how long would you go on doing trading to see if you will learn something on doing such action, you were just putting your coins which is a valuable money of course into a gamble. Everything here in crypto which is stake by inexperienced individuals are like doing gambling for you do not know anything and just putting the outcome of your trades, investments into pure luck. But such thing won't work always for that is not how things are being done here in crypto.

If you are really sincere and wanted to do trading, better learn the basics first before engaging into actual trading proper and by that, you are increasing the possibility of you earning profit compared to staking your coins into unsure decisions because of lack of knowledge and experience.

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September 18, 2020, 07:46:18 PM
 #52

People are not experienced in trading, it is better if learn a lot to have the ability to analyze the market. At least if we have good market
analysis skills, reduce the risk of experiencing losses when trading. It is true that inexperienced people have a greater chance of experiencing
losses when compared to experienced people. But that doesn't mean inexperienced people can't make profit when trading. After all, experience
can also be gained from trading frequently. Staking coins are indeed better than trading for people who are inexperienced in the world of trading.
But staking must be able to choose the right coins to get a good profit.

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September 18, 2020, 10:15:27 PM
 #53

Staking seems profitable from the very beginning but the chances of your coins to keep raising in price is minimum since what's currently trending in the altcoin marketplace is merely coins getting pumped and dumped. In a situation when your staked coin decline in price, it becomes worthless. A popular example is dash cryptocurrency which was trading around $1,600+ at some point. Assuming you were able to afford/stake a decent amount of it via masternood, the chances of you been in profits at the moment is zero.

This won't be any different from the coins getting hyped currently. All deFi related project are promising high reward via staking. To my understanding, although the concept of staking is brilliant but this project are using it as a strategy to prevent Investors from dumping their token on the market while they dump theirs on you when the are comfortable with the gain they have recorded.

Therefore, I'll choose trading or maybe short term investing over staking, having the privilege to offload my bags any moment I feel the market might be unfavorable is far more preferable.





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September 18, 2020, 10:38:48 PM
 #54

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 metamorphosised to become experience in trade?.
Crypto trading was meant for everybody but it was not meant for an inexperienced individual. However, experience individual also needs to understand the type of trading he can handle pretty well or else he will need making lost just like what happen to you cause the moment to start a trade cant be judge by signal alone not even on Binance where whales can manipulate the market in a single snap of fingers.
 
Does it mean inexperience traders aren't born to trade?.
They are born to trade but they need to seek knowledge first and understand how to trade profitably. Let's use this forum as an example if a newbie join and don't take his time to study the rules and regulations of the forum with the inclusion of how to get merits such newbie won't rank up and may also be banned either.

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September 19, 2020, 05:42:19 AM
 #55

Being inexperienced trader individuals are most prone to do mistakes always bear that in your mind.
There's a quote that the more mistakes you face are the more you learn from it. This was true and correct,
without these mistakes, we can't able to share with anyone without this as far as I know for us to have a good testimony.


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September 19, 2020, 07:08:04 AM
 #56

Well, I'm not saying that staking is better than trading. Of course it depends on someone's preference. Do you want a sort of passive income but you don't hold your private keys (which you may find uncomfortable) or you hold your privates keys and depend on your own ttading strategy? It is up to you. What matters the most is the coin you will use. Make sure it is a good coin.

But in my opinion, I still go with trading. Though the potential of losing there is high, the chance of making profits there is high also as long as you buy/sell properly. Plus, you can earn faster here.

As an inexperience trader before now,  how do metamorphosed to become experience in trade?.
Dude, always remember that "Champions are not born, they are made." So keep on practice. Yeah you may loss money along the way but it will be worth it in the end as it brings you lessons which can make you a wiser trader Smiley.
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September 19, 2020, 08:13:51 AM
 #57

I don't suggest newbies to follow your advice. all expert traders was once a newbie and have made a lot and regretful decision also by making mistakes they can learn through it staking is another part it's for users who wanted a passive income since you're just going to stake it unlike trading you will be able to analyze and build up your skills.

All we can suggest to the newbie is don't trade if you are afraid to lose your money and learn to take risk in order to earn.
You are right an expert was once a learner and there is always a price to pay for every experience one intend to gain in life, i dive into trading recently and at first i made some profits and i saw a signal on one of the altcoin i decided to trade the coin and the moment i bought the coin it started diving down until i lose the profits i made from my previous trades. One thing i have learned is that trading is all about strategy so once you master it you are OK.

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September 19, 2020, 08:14:32 AM
 #58

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?.

It is unlikely that inexperience traders are not born to do trade. It is just that they need first to be educated on stuffs related on trading before having the guts to do great engagement such as trading. Trading cryptocurrencies are meant for everyone it is just that it is not meant for a while for those inexperienced traders for they are capable to just gamble their coins and money of course into unsure engagements. Better just do educate yourself first to avoid engaging into undesirable decisions that might just put you into regrets. Do not bother to even try trading while you haven't earning any tough knowledge about such and you do not have any experience on doing tradings. Secure yourself first that you know what you are doing before you call yourself into the proper engagement so you won't be wasting your time and effort trying to figure things out while you are an inexperienced trader. Good traders for me are not really born, they are trained and mastering whatever it takes to be a good trader. Inexperienced traders can gain experience like most of us do the first time we have got in here. If we did it, so they can to. It will just take time but sure they can do trade on their own too.





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September 19, 2020, 08:33:49 AM
 #59

Does it mean inexperience traders aren't born to trade?.
Not really, everyone can trade, no matter he is lay or professional.

Everyone is born into this world, ignorant, with that someone has the desire to learn and find out he will become a professional trader.

In crypto trading, you cannot act alone to determine selling / buying crypto, if trading knowledge is lacking, find out to friends who understand trading to take buy / sell decisions.

Sometimes Selfish and greedy is what makes a person destroyed in trading, Why was a crypto trading community created for the purpose of none other than to ask each other and provide experience with certain Altcoins to trade crypto with potential or meaningless in the market.

bottom line:
Anything can be done, if the person has a strong desire to seek trading knowledge, remember, the failure of delayed success.

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September 19, 2020, 09:07:52 AM
 #60

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?.
Trading is not for everybody and we can assess that from the people we met here.There are people that we met along the way here in
crypto either in telegram groups or Facebook or discord that will tell you what are their experiences in trading.

And trust me majority of them are once failure or others are still in failing.

What i mean here that traders are good at it while others can make money by Holding i guess,but not for those
who need analyzation and speculation.


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