Entering the trading market

[LastKiss]

There are lots of things that one have to keep in heart and mind before starting the trading. You people know very well that to be successful you always have some previous experience and also some kind of abilities that can make you wealthier. So if you have to enter in this field then first gather understanding about trading then choose your portfolio after that select the amount which you want to put in trading.

Experience is the expensive one here because you need time to get your experience, you need time to get your feelings to this trading market. But dont forget that you should learn the basics before starting to get some experience because if you learn the basics then the next one will be easier. Before we choose our portfolio always do some research about the coin/tokens to prevent any waste losses because our small mistake

[1714491393]

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[1714491393]

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[1714491393]

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[1714491393]

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[TheListener]

If you want to enter in trading market I recommend you not do any trades without any knowledge because without knowledge trading is risky so better is learn some most important thing about crypto market

[sarmrakib]

There are lots of things that one have to keep in heart and mind before starting the trading. You people know very well that to be successful you always have some previous experience and also some kind of abilities that can make you wealthier. So if you have to enter in this field then first gather understanding about trading then choose your portfolio after that select the amount which you want to put in trading.

Experience is the expensive one here because you need time to get your experience, you need time to get your feelings to this trading market. But dont forget that you should learn the basics before starting to get some experience because if you learn the basics then the next one will be easier. Before we choose our portfolio always do some research about the coin/tokens to prevent any waste losses because our small mistake

Experience helps here you to choose the right coin and also the time when you need to enter on the market .What a new trader do ? he just enter on the market fall into the trap hype at the end he/she make losses .Why actually they too it early .I all want to earn a huge amount and always wanna exit with profit but no one want to learn and research before enter on the market,which is the main key of success on trading .He who research all the side with the fundamental,technical and the latest news he/she will surely can enter with the right project and also can exit with his/her profit .So the main thing of trading, we have to learn first and if new start with the small fund gradually you will have the experience which helps you to earn always .

[Munir575]

To start trading you need to have basic knowledge about the trading, you need to study the market behaviour, price chat of various coins and be able to detect when the market is not doing well. You need to be prepared and expect anything when trading and most importantly you should develop a stop loss strategy to minimise loss.

[zulfi125]

Every work or start a business or enter in investment market you need to learn before investing in the trading market for learning you need to check out videos tutorial on YouTube and Artcieal about trading after learning you should trade in demo market some exchanges provide demo account after that you should start trading with a very small amount from $50 and after some months when you able to earn profit and understand the market then you can invest little more amount.

[xmonkeyx]

Of course, before entering the market trading requires knowledge, it is a very common thing and must be owned.
behind that we also have to prepare ourselves to be able to control emotions well in trading and also experience is very important maybe if we have never traded we can take positive experiences from friends who have traded first.
and for the strategy of course it depends on your desire whether you want to take profit as soon as possible with day trading or you are more patient with long term trading. I think both are the same.

[palle11]

You need to be prepared and expect anything when trading and most importantly you should develop a stop loss strategy to minimise loss.

Most traders and newbie may not be using the stop loss for there trading because they may be looking at the disadvantage of it but in real business plan for trading, you will be advised to set up a stop loss to every trade made and with that you already know the limit of the loss that you will encounter when price goes against your plan. Is always good to adopt the stop loss plan.

[Sihab76]

What is the best strategy to prepare oneself before entering the trading market?

You must have previous experience before entering cryptocurrency. If you want to trade in cryptocurrency, you must be moderate and patient. Never go for trading out of emotion.

[ranaprime]

In my opinion the best way is to acquire as much knowledge as possible. There is no end to the acquisition of knowledge, but the more you achieve, the better for you. This is a must have for a beginner. Even if it takes more time, there is no problem, so you should pay attention to these issues at the beginning of trading.

[Qikiye]

What is the best strategy to prepare oneself before entering the trading market?

You have to do a lot of preparatory work before entering the market.In particular, you need to have different ideas about trading. Moreover, you have to be patient, you have to be able to analyze the project . You must have the mentality of not trading emotionally.

[nhaila]

What is the best strategy to prepare oneself before entering the trading market?

One should adjust oneself as much as possible before entering cryptocurrency trading. One should gain knowledge from different mediums and then enter trading. You can't rush into the cryptocurrency market if you want to, it won't do you any good.