Rather learn to trade by yourself

[michellee]

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.

Not many traders come with their plan and know what they need to do related to trade. Trading requires the discipline to learn, needs time, and when you make a plan about trading, you don't have to worry if making a mistake because no one will have high skills in their beginning.

When you can learn and have experience in trading, you can minimize the risk, and you will be able to manage your money. That is important to do because without money management and have a plan, you will not make a profit, but you can lose your money.

Trading attracts many people to come and try, but the mistake is they are not learning what is necessary, and directly to buy any coin without analyzing what the potential coins. They think that they just need to buy the coin and don't analyze the coin, and they don't need anything except waiting for the price increase.

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[Lanatsa]

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.

Everything can be learn in a specific period of time but there are people whom do really rushed up into things and that would really result into loss.

Some do really opt out in letting others do make the trade or simply they do just give out their funds and other do the work without even thinking that theyre
doubling the risk of losing.

Trading by yourself is always preferable where it is really worth on the time spent and the money you had put up into.Yes, you might be losing but you do make
up your own learning which would really be useful into your future trades.

[Shasha80]

I totally agree, we better trade by ourselves, by learning trading strategies. Instead of trusting other people to use our money for trading.
Because the results of other people's analysis are not necessarily more accurate than our own analysis. Especially now that the crypto
market is bullish, so it's a good opportunity to trade crypto right now.

[el kaka22]

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.

If you deny any help from anywhere else than just yourself, you are not going ot be happy with what you have, it is going to take a long time before you could get back to where you are if you do that, and that is why you should be taking some help.

However there is a difference between help and help, one of the help is getting help from studies and youtube recommended (not from youtube but from other experts) videos and basically just teachings that told by experts to newbies that could help you a lot. However if you just find a guy and he tells you to buy something and it is individual suggestion of a coin, that is not going to help you, even if that coin goes up, that is a help from the profit side but it is not a help from the learning side so you should get help but be careful about your help.

[imstillthebest]

let say you follow all the qualities that you have listed and you are trading on your own .

this dont mean that you can now make money but the point is that you are trading on your own  . you wont get scammed but you can loose .

if you lend money onto someone and say they can trade profesionaly but how come when the market is volatile ? they can loose too but what if they wont trade your money and they will scam it otherwise ? that was a more painful  feeling .

[proTECH77]

I disagree with you.
Many new traders loss their money during the trading they carry out hoping they can do it without any help from the old trader who knows all the strategies to trade and make a good profit. Many who want to learn it by their self without the help of the old trader always loose at the end of the exchange because they lack the knowledge of trading in the market.
It's better you follow someone who know how to trade very well to impact you before you can start trading by yourself in the market.

[Ryker1]

I disagree with you.
Many new traders loss their money during the trading they carry out hoping they can do it without any help from the old trader who knows all the strategies to trade and make a good profit. Many who want to learn it by their self without the help of the old trader always loose at the end of the exchange because they lack the knowledge of trading in the market.
It's better you follow someone who know how to trade very well to impact you before you can start trading by yourself in the market.

Well, you have a point there.
There are too many tools where you can learn in trading and of course, -- if you are beginners in trading you can also use copy trade strategy in trading or using an automated trading bot is also a great tool that makes your trading easier. How many funds that you will waste just because of the trial and error strategy because of the purpose that you will trade on your own. Trade your own is good but trading with many references and tools to be used as a great advantage among others. In trading is just like a competition, you will lose if you don't have the tools to use.

[Xinarae*]

Yes, there are more risks and scams in running other people's business trade is much better to adopt your own strategy when learning comes to trading. learn helps to move on to the next step even if it is a losing trade is very difficult to understand what is going on in the market. if you analyze yourself well from Active in the market will increase both knowledge and skills and trade will be easier to collect new information. It is not right to believe that people give wrong information in their own interest.

[South Park]

This is a high volatility market? People don't understand what it means, it means the risk is very high, it can break you more than it can make you, it's takes luck and wisdom, consistency and lesson and teachings learned about trading, coupled with discipline the individual uses to take profit.

This crypto currency market is not trade fair or Walmart market.

Trading is very risky, we just trade with risk management. Never give anybody money to trade, if it goes soar wetin u go talk.

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 is what in my opinion anyone interested in the markets should do, even if at the end someone ends up hiring a money manager how do you know if the guy is any good if you do not know anything about trading yourself? You need at least a minimum of knowledge even to just select someone to trade for you and for the most part people never reach that level simply because they are too lazy to learn and that is inexcusable as they are risking their life savings in the process and a bad choice here will have huge repercussions in their future.

[Musekay]

Trading involves a lot of risk. First u need to ascertain that your broker is trustworthy and not all those brokers who manipulate signals to cheat traders. But if all the risks have been ruled out, then i don't consider giving your funds to someone to trade for you as an option. It's better you fo the trading yourself

[Eternad]

Yes, there are more risks and scams in running other people's business trade is much better to adopt your own strategy when learning comes to trading. learn helps to move on to the next step even if it is a losing trade is very difficult to understand what is going on in the market. if you analyze yourself well from Active in the market will increase both knowledge and skills and trade will be easier to collect new information. It is not right to believe that people give wrong information in their own interest.

It's still good to have some guide like watching videos or a person that provides tutorial for the facts and possible strategies like in Udemy or other tutorial app, like where I learned trading too. But never ever let others to the trading for you, it's enough that we pay for their lesson but we should be the one who will trade and decide where to trade, buy and sell. Just find references where will fit you and your comfortable to use with.

[lebregone]

It's better to learn and trade for ourselves than letting others to do it because there is a big chances that you will end up losing your money if you will end up to a scammers.

The risk is always there if you want to trade but the risk will continue to decrease if you will gain more and more experiences as your knowledge will continue to grow as the you gain more experiences. Just be patient only and don't be greedy, you can only start from a small amount of money if you think your knowledge in trading is not yet that good so you can lessen your losses.

[BuNga_cute]

Many people today want to get instant profit from trading, so many use copy trades or trading bots to get passive income from trading.
Even though the fact is that making profit from trading is not that easy, many things can cause market prices to change drastically.
Therefore it is safer to trade manually with our own analytical skills, so don't be lazy to learn to trade. As most of the successful traders
I know, they prefer to trade themselves rather than trust trading signals from other people. Usually, if we do the analysis ourselves it is
much more accurate, because we are more serious about analyzing the market to be able to generate profits.

[tippytoes]

Many people today want to get instant profit from trading, so many use copy trades or trading bots to get passive income from trading.
Even though the fact is that making profit from trading is not that easy, many things can cause market prices to change drastically.
Therefore it is safer to trade manually with our own analytical skills, so don't be lazy to learn to trade. As most of the successful traders
I know, they prefer to trade themselves rather than trust trading signals from other people. Usually, if we do the analysis ourselves it is
much more accurate, because we are more serious about analyzing the market to be able to generate profits.

Trading manually is a good start to fully understand the market. You can also gain insights about the behaviour of new coins. By experience, you can also spot alts that are only pump and dump and with no use case to move forward. You will know how to avoid those coins. Because once you got caught in the middle, you will be left as bag holder of crap coins. But manual trading takes a lot of your time and patience because you really need to know what's happening in each of them, development-wise, so you know where they are heading. And if there's nothin in it, you will get the impression also. So for me, if you do have time, better learn the tricks and tips because in time, it will pay off.

[BTCappu]

Many who want to learn it by their self without the help of the old trader always loose at the end of the exchange because they lack the knowledge of trading in the market.
It's better you follow someone who know how to trade very well to impact you before you can start trading by yourself in the market.

OP is trying to say that we should not trust anybody with our trading money, and we should learn it and do things for ourselves. You’re also right with what you’re saying. At the start traders supposed to learn from others, when I started I didn’t do it on my own, I learnt from others as well. Reading articles wasn’t enough for me to learn the skills and become expert, I needed someone to walk me through it.

But, after you have that skills you have start trading by yourself and not expecting people to do it for you or trust anyone that claims to be trading for people.

[Janation]

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 don't know about that.

A lot of things could be read in a book and you can't actually read them online unless you bought them as an ebook. Internet and Books could be our resource of knowledge to trade. There are a lot of ways you could learn trading and I think one of them is to start asking here in the forum since there are a lot of good and great traders here that would walk you through basics and reading here could help you so much.

[Rikafip]

I don't know about that.

A lot of things could be read in a book and you can't actually read them online unless you bought them as an ebook. Internet and Books could be our resource of knowledge to trade.

Exactly. It's just plain wrong to say that it's not worth it to read trading related books. To be successful in anything, first you have to know fundamentals, and what's better way to learn those other than reading. Those who skip those basic steps and just rush into trading will learn soon enough that it ain't so easy to be successful, and that it takes a lot of time and effort, otherwise trading will be gambling and nothing more.

An average crypto investor is impatient, greedy and ignorant so I'm not surprised that some even think that educating themselves via books is a waste of time.

[romero121]

I don't know about that.

A lot of things could be read in a book and you can't actually read them online unless you bought them as an ebook. Internet and Books could be our resource of knowledge to trade.

Exactly. It's just plain wrong to say that it's not worth it to read trading related books. To be successful in anything, first you have to know fundamentals, and what's better way to learn those other than reading. Those who skip those basic steps and just rush into trading will learn soon enough that it ain't so easy to be successful, and that it takes a lot of time and effort, otherwise trading will be gambling and nothing more.

An average crypto investor is impatient, greedy and ignorant so I'm not surprised that some even think that educating themselves via books is a waste of time.

Most of the cryptocurrency traders here are self made. This means they came to know about bitcoin, further learned about bounties. Slowly this makes them look for other earning opportunities. This is the reality with the traders of our forum. People find it difficult to learn out of books, because common users make use of their own strategy to make profit and when they learn about a different strategy it'll be entirely different for them.

Most of the trader here are common crypto investor. So, greed, impatience, and dependence on luck always be with the user. Here very few succeed while the rest losses.

[XCANA]

Don't ever give inn for anyone to help trade your assets for you becasue, that will be a mistake as the market need individual input for success. Most of those traders don't have the needed experience about trade but will opening give assurance of a good return for anyone who lease their assets to them for trade. Doing this stuff yourself (trade) will be the best option for any trader out there becasue, the risk involvement will be manage carefully than outsider in this regard.

[South Park]

It's better to learn and trade for ourselves than letting others to do it because there is a big chances that you will end up losing your money if you will end up to a scammers.

The risk is always there if you want to trade but the risk will continue to decrease if you will gain more and more experiences as your knowledge will continue to grow as the you gain more experiences. Just be patient only and don't be greedy, you can only start from a small amount of money if you think your knowledge in trading is not yet that good so you can lessen your losses.

This is something that not many people talk about it, if you take a lot at the history of some of the best traders you will find that in many cases that is how their story begins, they had money and then they select a money manager to gain them money only to find out the guy just lost them a lot of money and yet the money manager still gave excuses about why this was not as bad as it seemed, so those people decide to just trade on their own by learning how to do it themselves and that is what we should do as well.