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

[onecall123]

Thanks for acknowledged the fact that, learning trade to have the needed experience is most Paramount if profit is to be talk about. Been into trade with my little experience wasn't enough and I had to rethink and move into a better zone of learning new skills. Those who showed to public their profits picked might be hiding something from us but personally, am into some good stuff that will definitely increase my knowledge base crypto trade in a short time.

Thinks can always go either way. You sound exactly like, from my years of technical analysis I am predicting it could go up, but it could also go down or possibly sideways. If anybody plan learning about trading here it's real skills. BTW! Most newcomers join on staking coin since it's relatively easy way to make money rather than trading. surely that is not correct, as there's lots of thing we need to know.

[jerry0]

Which coins do you stake then?

[Mpamaegbu]

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

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

Let me start with this...

The aphorism - Every experienced person was once inexperienced - succinctly captures the situation. It simply means that no trader was born a professional. But it takes time and constant practice to achieve professionalism.

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.

One thing about trading is that without having the required set skills you won't be profitable in it. This is where a lot of people miss it. They think trading is as easy as the spelling. No, it isn't! It requires time, patience and dedication to succeed. However, it's advisable to view any crypto you want to trade from a higher time frame if you want to get the best of it. You may want to chose Daily TF or 4hr next time.

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.

The difference between staking and trading can be easily analyzed as "keeping your money in the bank as fixed deposit (staking) and investing your money by yourself (trading). There is a greater reward and risk with the latter. There are some who like to take the risk. Thus, they may not like staking too. It's truly different strokes for different folks.

[Dorodha]

Adequate experience is required to trade it is not possible to trade with a small amount of experience there are many risks here. Inexperienced individuals who know about trading before seeing and then trading are in most cases the loser and later become frustrated. I always plan to make the business risky and try to keep up with the market.

[Lorence.xD]

Adequate experience is required to trade it is not possible to trade with a small amount of experience there are many risks here. Inexperienced individuals who know about trading before seeing and then trading are in most cases the loser and later become frustrated. I always plan to make the business risky and try to keep up with the market.

Accumulation of experience is detrimental when you want to trade. You also should be wise in regards to trading because at first you will incur losses and losing a lot at the first try discourage you. You can do both because nobody gets big by just staking small amounts and profitting small amounts, there will be risk but that comes with it when money or finance is involve. Better take a shot and miss than not taking a shot at all.

[MWesterweele]

Adequate experience is required to trade it is not possible to trade with a small amount of experience there are many risks here. Inexperienced individuals who know about trading before seeing and then trading are in most cases the loser and later become frustrated. I always plan to make the business risky and try to keep up with the market.

Trading without experience is just like going to war without armour. Well you wouldn't gain any idea or techniques and strategies in trading if you wouldn't try it once. But as what i've said it is somewhat risking your investment without any assurance that it may return. While in staking you will only hodl your coin on your wallet but the disadvantage about hodling is you can't overcome your fear in trading and the mere fact that you're being stagnant in that situation.

[barbara44]

Which coins do you stake then?

There are many coins you can stake but personally I am staking Tron because they have a bright future as per my analysis and they have been long time improving plus they have a really good and scalable model which means they won't collapse with time and more investors coming in. I am a firm believer that one day Tron will even reach $1 per coin and the coins I get by staking, I use them for my spending and buying other coins because while I love and trust Tron but I do not want to go all-in with a single coin.

You may also want to stake coins like crypto.com coin who I heard are giving like 18% ROI which is massive if you know the common staking rates but then again you have to understand and trust the coin you stake because staking means you believe the coin will live for years to come and won't collapse suddenly.

[Spaffin]

Over 50% of my portfolio is Ethereum. Only long-term storage of these coins can bring me really very good profit, especially considering that I bought Ethereum for $ 100. Of course, there are other cryptocurrencies in the cryptocurrency market that can bring the owner a fairly good profit, But my choice is still Ethereum.

[LUCKMCFLY]

Over 50% of my portfolio is Ethereum. Only long-term storage of these coins can bring me really very good profit, especially considering that I bought Ethereum for $ 100. Of course, there are other cryptocurrencies in the cryptocurrency market that can bring the owner a fairly good profit, But my choice is still Ethereum.

Eth is a good currency, but you must understand that if Bitcoin falls in price ETH will bleed a lot, although there are many coins or tokens that grow in price quickly, if you do not capture the moment of the rise of this currency, it is very difficult to see another chance . ETH is a currency that totally depends on Bitcoin and when looking at its graphs, they are similar, the reason is simple, ETH will always be the shadow of Bitcoin, as well as all cryptocurrencies, the one that has a life of its own is Bitcoin.

[Inkdatar]

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

Expert traders comes from being inexperience traders. Before we invest in a particular market we should study it first for us to learn what are needed in order for us to be successful. Though, it's normal or it's part of a trader that somehow we lose and earn a profit. Staking is good imo you just know how to manage your portfolio.

[Akiko]

Over 50% of my portfolio is Ethereum. Only long-term storage of these coins can bring me really very good profit, especially considering that I bought Ethereum for $ 100. Of course, there are other cryptocurrencies in the cryptocurrency market that can bring the owner a fairly good profit, But my choice is still Ethereum.

Congrats, you already have profit even you will sell half of your investment and take that profit today so you can buy back if there are crash will happen someday.since you believe in ethereum you can continue holding it as long as you think you are holding a good amount that can be a source of income someday .


For staking there is many good staking coins but not all is good to stake since more of them decrease it's value for long term. meaning instead of profit if the price decrease you will lost the money you use to invest and the value you buy it will not be the same value when you plan to sell it after a year .

[pankaj1234]

Yes I totally agree with this point that anybody who is inexperience might loss their fund because trading is not only buy and sell. It is all about spending time on projects, learning about them. Experience second name is money comes with less eforts. For newbies they can always earn by staking any coin. This will give them steady profit to raise funds. So be careful from trading if you are newbie in trading.

[tbterryboy]

There are a lot of newbies that are jumping ahead immediately to those trading without any knowledge it looks like you dive into water without equipment or fight in a war without guns. Having knowledge into an introduction what do they need and what they possibly expect on this trading.

I like the comparison of jumping into water and it is right that people often get excited when they start trading and feel it is very simple to just buy coins at a cheaper price and then wait for the price to increase and sell it, but ask me as I have been trading since a while and when the price drops for altcoins it feels like lights out and just sell because altcoins do not have a good reason to rise up again. With bitcoins I don't panic easily but the kind of drop that happened in March I decided never to trade again because I almost had 3 sleepless nights at times.

I don't like staking coins either because there are various problems like lock-in period and while the time comes when your coins are unlocked and you are able to trade them the price for the token might have become nothing but dust.

[Google+]

Yes I totally agree with this point that anybody who is inexperience might loss their fund because trading is not only buy and sell. It is all about spending time on projects, learning about them. Experience second name is money comes with less eforts. For newbies they can always earn by staking any coin. This will give them steady profit to raise funds. So be careful from trading if you are newbie in trading.

sometimes beginners will still find it difficult to choose a good project and can provide a lot of profit because they have to try and learn the work system of the project will have the potential to increase or not so that in the end it makes beginners understand better and will have a lot of experience that can lead them to make a profit .

[milewilda]

There are a lot of newbies that are jumping ahead immediately to those trading without any knowledge it looks like you dive into water without equipment or fight in a war without guns. Having knowledge into an introduction what do they need and what they possibly expect on this trading.

I like the comparison of jumping into water and it is right that people often get excited when they start trading and feel it is very simple to just buy coins at a cheaper price and then wait for the price to increase and sell it, but ask me as I have been trading since a while and when the price drops for altcoins it feels like lights out and just sell because altcoins do not have a good reason to rise up again. With bitcoins I don't panic easily but the kind of drop that happened in March I decided never to trade again because I almost had 3 sleepless nights at times.

I don't like staking coins either because there are various problems like lock-in period and while the time comes when your coins are unlocked and you are able to trade them the price for the token might have become nothing but dust.

People think that staking is a good stuff but if they would able to realize on what its cons then you'll surely tell that it isnt really worth for the risk imho and we know that investment needed on staking is big
and i'd rather choose holding up bitcoin and wait up for long which i can say a much better option and much less riskier rather than staking some alts.On the other side of things talking about altcoins
then i wont say that theyre totally shit since there are still projects which are really worth to invest on.It does require patience and good decision making on when you would sell out and when you would buy out.
On the suggestion on not to make trades if inexperience, of course we do start on being a noob and you wont get any experience and knowledge if you dont test out waters and this is indeed the first step to be commonly made.

[carlisle1]

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?.

If only everyone here will consider and learn this mate?for sure only few will become loser in trading because
this is most risky thing to do.

and also we can stake our funds in many different ways,there are gambling site that offers staking in which i believe there are already 2 threads that
running and updating about their stakes until now.

and also we can just Put our money in certain coins and Keep it on holding.

[death69]

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 with you. Trading is harder than any other profession. Experience is extremely essential rather than knowledge. Many experts say that knowledge only occupies 25% in this field. most of the time, your intuitive will tell you what to do in different edge. Therefore, if you truly want to become a professional trader, accumulating knowledge and experience will be a long process which can cost you a lot of efforts and time. But you will be repaid

If you cant suffer a life of a trader, holding is more suitable for you. Buying bitcoin or other cryptocurrencies daily whenever you receive your salary will give you a affordable profit in the future. Charts always show that crypto is going to go up many years later

[bitzizzix]

Trading is not easy and you have to design a crypto trading strategy that suits your financial goals and personality and this is not an easy task, and you also don't have to follow the same strategy forever.
and trading strategies must continue to develop along with increasing experience to be able to learn them properly so that they become experts, and patience is very important and understand the risks that will occur.

[Spaffin]

Trading is not easy and you have to design a crypto trading strategy that suits your financial goals and personality and this is not an easy task, and you also don't have to follow the same strategy forever.
and trading strategies must continue to develop along with increasing experience to be able to learn them properly so that they become experts, and patience is very important and understand the risks that will occur.

Apparently not everything is as simple as it seems at first glance. I trained myself using videos on YouTube channels and thought I had mastered scalping as it really is the simplest and best strategy for beginners. But nevertheless, it took too much time to make a good profit, and to act differently I simply do not have enough strength or even mind. In order to act differently, you need either a good advisor or a resource with signals that you can trust. But even that won't make anyone a professional.

[Polo7]

For staking yes If price goes up its good but If goes Down.... Then its pointless!!

At least If you know what you can make full time income with trading!!