dunfida
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Merit: 1158
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October 14, 2020, 09:54:45 AM |
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It's true that it is not recommended to give money to anyone so they would trade for you since they can easily ruin your investments the best thing to do is to figure out which strategy and coins would work for you also it's important not to focus just on one coin but it's better to divide your investment to different portions. There are some tutorials available online for free where in you can learn different strategies and maybe you can figure it out which strategy suits you.
And there are also traders that instead of using it to trade they are using that money in thier own and tell to those people that trusted him that the balance is lost and I can only give small amount for now since the capital I use already wipeout with one trade. And investors can't complain if that things happen, that's the reasons why you need to learn it by your own. Thats why its never been a good option if you do just rely your funds into someone which do claims that he do trade well because anytime those person can really ran off all the money that they had accumulated. This had been a pretty common scheme where people neither ran the funds and vanish or would just simply tell that the market is shit and lost it all in trade.What they can do? nothing and you would just end up on regretting that you shouldnt have invested that money and better to trade on your own.Majority will not really matter much if they dont experience loss or being scammed.Its worth to try out things on your own than on relying into someone which is really just trying to scam out people.Also, it isnt good that you wouldnt learn on the process because you are just relying others calls or signals.
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Vicky agarwal
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October 14, 2020, 10:14:51 AM |
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suggest some good books to read
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Malamok101
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Proof-of-Stake Blockchain Network
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October 14, 2020, 11:20:32 AM |
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suggest some good books to read
Books not worth it to read by trading, Of course internet is the most good thing to search by starting a trading books will be old and internet will be the present time you can see to search and day by day you can manage.
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glowing10
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October 14, 2020, 11:39:43 AM |
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I have some friend that rely from others and get paid to trade for them. Understand the risks in crypto as we all know price is volatile. I agree with this statement learn for yourself and trade on your own. If your money lose all you can't blame anyone the group that you paid for. This is why it is best to learn and gain knowledge, anyway you will be the one who can gained benefits for your hard work.
Its your money so the onus also lies on that person because trading in crypto is risky as it is highly volatile. So, learning and knowing is very much necessary before anyone start to trade. The more you learn and get experience better as an individual as this will help you in future to trade and you will not have to depend on anybody else for trading tips.
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MWesterweele
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October 14, 2020, 11:59:00 AM |
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I have some friend that rely from others and get paid to trade for them. Understand the risks in crypto as we all know price is volatile. I agree with this statement learn for yourself and trade on your own. If your money lose all you can't blame anyone the group that you paid for. This is why it is best to learn and gain knowledge, anyway you will be the one who can gained benefits for your hard work.
Its your money so the onus also lies on that person because trading in crypto is risky as it is highly volatile. So, learning and knowing is very much necessary before anyone start to trade. The more you learn and get experience better as an individual as this will help you in future to trade and you will not have to depend on anybody else for trading tips. I know from the start that cryptocurrency was risky and so trading. We cannot blame others that they entrust their money, their token to other people which is knowledgeable in cryptocurrency rather than taking time for themselves to learn trading easily. Its not easy to trade, maybe they are afraid of getting lost their money. And im sure also that even they entrust their money to others maybe they are studying the crypto market and planning some strategic plans regarding trading.
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barbara44
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October 14, 2020, 12:13:30 PM |
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This is exactly true and what people who are just new on entering this industry must understand. Instead of entrusting your funds to other people and ask for favor to trade your money for the sake of obtaining profit, better learn the basics and the process of how trading is being done for we do not know how people's mind works most specially when it comes to involvement of money which certainly even your most trusted person can fools or betray you. So to avoid such happenings to come along the process, better make yourself knowledgeable about certain things that you must learn about trading. Ensure that you are continuously making yourself learning as time goes by so that you will always be updated that you do not certainly need to ask any favor from any person to trade your money for you can already do it on your own.
I agree with some part but if one can profit better than me than why shall I bother trading myself? I mean if I am not experience enough and there is a guy who can bring better profits with his method and has some good ways of doing it, then shall I bother putting my hands in it? Yes for learning I can always make a demo account and start learning but just because I want to learn trading does not men I should miss a good investment opportunity. Look the richest people are those who invest as well as learn like you can see Jeff Bezos who has his own company and must have all the knowledge but even he invests when he see a better opportunity. It is like if a guy plays better soccer than me then I just pay him to play for my team instead of learning soccer myself.
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henmark
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October 19, 2020, 09:00:22 PM |
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I have never given anybody my money to trade for me before, no matter how good they claim to be. I have received several messages in the past from people who are claiming to be very good at trading and claim that if I should invest the money in their hands they are going to use it to make lots of money for me.
I never trusted any of them. Even if I have no skills in trading, I would just go with HODL and not stress my mind by giving my money to people I don’t trust. At the end you will start hearing different stories about your money.
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samcrypto
Sr. Member
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Merit: 314
Vave.com - Crypto Casino
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October 19, 2020, 09:12:01 PM |
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suggest some good books to read
Books not worth it to read by trading, Of course internet is the most good thing to search by starting a trading books will be old and internet will be the present time you can see to search and day by day you can manage. I learned my trading skills through books as well, so its worth reading for specially if you have limited access on internet, books can be your guide and this maybe an old style but it is still working despite of the growing technology. There’s a lot of ways to learn how to trade, by reading books, through seminars, and youtube tutorial but don’t expect that to become an easy road for you. Trading on your own is challenging yet more profitable than to trust anyone, you have to focus on your own timeline and don’t get hype by anyones portfolio, trading is about winning against yourself and the market.
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MiningBattalion
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October 19, 2020, 09:46:01 PM |
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I have never given anybody my money to trade for me before, no matter how good they claim to be. I have received several messages in the past from people who are claiming to be very good at trading and claim that if I should invest the money in their hands they are going to use it to make lots of money for me.
I never trusted any of them. Even if I have no skills in trading, I would just go with HODL and not stress my mind by giving my money to people I don’t trust. At the end you will start hearing different stories about your money.
It's not a correct one,if you gave the money to another person to do trade.It's yours money,even if you had loss it no problem.From that you will learn,how to do trade.Trading is all about the experience.I had gained 500$ with the investement of 200$ from this trading and loss some value when the market is down away.
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Kelvinid
Sr. Member
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win lambo...
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October 19, 2020, 11:17:05 PM |
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This is what I've got from a quote. The question should not be how much I will profit on this trade! The true question is; will I be fine if I don't profit from this trade."
– Yvan Byeajee
Have we felt comfortable in trading? A question that we need to answer before we continue risking our money and wasting our time. Do we think trading is an easy job? No, no one will say that but instead hearing many from them that trading is risky and possibly you'll lose any time of the day. We have to know the fact that trading isn't for everyone.
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Vicky agarwal
Jr. Member
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October 20, 2020, 09:40:03 AM |
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there is a famous phase in crypto trading DYOR ( do your own research )
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iv4n
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October 20, 2020, 12:16:43 PM |
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there is a famous phase in crypto trading DYOR ( do your own research )
Learn to do it yourself! If you don't learn how to do your own research, how to trade by yourself, you will always relay on others, third party services, and you will depend on them. The beauty of crypto is in that, to do things alone, and to do it how you want it and whenever you want. It's important to know how to learn on your own, when changes comes it will be easier for you to adapt. One good quotation about it I totally agree with:
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Reid
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October 20, 2020, 02:01:46 PM |
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there is a famous phase in crypto trading DYOR ( do your own research )
It's not just research. Never trust your money to anyone. I think that is the point of OP. Trade by yourself. Learn everything on your own so that you won't regret anything if something wrong will happen. The better part if you lose is the experience. You cannot get that when you just let people trade for you.
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Mpamaegbu
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Once a man, twice a child!
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October 21, 2020, 11:21:49 AM |
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This crypto currency market is not trade fair or Walmart market.
When I saw the bolded, I suspected where OP could be speaking from. And then I saw the one below 👇and realized my hunch wasn't wrong, after all. if it goes soar wetin u go talk.
Naija, I hail thee! Area!
Best is to learn the exact process or strategy, and trade for yourself, than give your money to someone to trade for you in a very high volatile market
This, on a serious note, goes with the axiom — Teach me how to fish, and not give me fish. It's very important doing it on one's own even when the learning process is daunting and herculean. Acquire the set skills for trading and you won't have to live in want for life.
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HatakeKakashi
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October 21, 2020, 11:55:42 AM |
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Getting suggesstions, recommendation, tips to the others is not bad because for sure you will really use it in the future. Learnjng by yourself is really good before asking question about trading you do a research but if you do not see the answers or what you are looking for you but if you do not find it that's the time that you gonna ask a professional trader because it is risky to make rush decision maybe it will result bad result.
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jostorres
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October 22, 2020, 09:16:52 AM |
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suggest some good books to read
Books not worth it to read by trading, Of course internet is the most good thing to search by starting a trading books will be old and internet will be the present time you can see to search and day by day you can manage. I think not even books or internet articles, the best way to learn about trading is actually by doing it, facing loss and then realizing what mistakes you made. Trading specially is one thing which works on reverse principle which means you first have to do it and then learn about it. Most of the things we do requires learning first but trading and since it is crypto trading requires you to start and then backtrack as you do loss and find what you could have done better. Improve next time and learn from the mistakes you make further this way you learn and the cycle never stops, one who thinks he has learned everything about trading would never be successful in long term because we need to learn every day being a trader in crypto.
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Peanutswar
Legendary
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Top Crypto Casino
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October 22, 2020, 10:06:50 AM |
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As we expect the number of people may increase due to an increase in the bitcoin price. Expect some members will try their luck again through trading. If you are one of these are you sure that you will continue?
Make a validation to your self first. 1. Do you know about trading? 2. If yes how's your capability to make a trade? 3. When is your last trade? 4. Do you win most of your trade? 5. You can afford to trade?
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palle11
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October 22, 2020, 11:27:21 AM |
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suggest some good books to read
I can't understand what kind of book you mean to read but this is a trading discussion, so I can think you are referring to book relating to trading. I suggest to you to go study babypips.com That you can have basic knowledge of trading.
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barbara44
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October 22, 2020, 09:24:49 PM |
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Getting suggesstions, recommendation, tips to the others is not bad because for sure you will really use it in the future.
Exactly and a fast mover doesn't make mistakes to learn from them instead he watches others make mistakes and learn from them. If you start learning with only your own mistakes then soon you will end up having so much loss that you cannot ever recover it. Learnjng by yourself is really good before asking question about trading you do a research but if you do not see the answers or what you are looking for you but if you do not find it that's the time that you gonna ask a professional trader because it is risky to make rush decision maybe it will result bad result.
I cannot think of a professional trader in our crypto community because people who are experts will never do any kind of marketing instead they keep earning themselves and it is hard to find a trusted source for advice or training and those guys on youtube are all idiots.
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Johnyz
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October 22, 2020, 09:29:43 PM |
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Getting suggesstions, recommendation, tips to the others is not bad because for sure you will really use it in the future. Learnjng by yourself is really good before asking question about trading you do a research but if you do not see the answers or what you are looking for you but if you do not find it that's the time that you gonna ask a professional trader because it is risky to make rush decision maybe it will result bad result.
Always come with a plan in trading for you to lessen the risk and I don’t suggest to ask someone to trade for you, it can make the market more risky and a higher chance to lose your money, also there’s a trust issue with this one. Trading on your own is very effective, especially if you already know how to control your emotion and know when to buy and sell in the market, this is a process and everyone who pursue trading will learn it on time.
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