Is margin trading good for beginners ?

[XCANA]

Hello Everyone.

I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?

Beginner should learn first how to buy Bitcoin and hold till when its value has appreciate before selling at profit. Margin trading is not for beginners who is still learning because there is a high tendency of them loosing all their capital as a result poor knowledge of how crypto currency margin trading work. Just buy low and hold till you have made profit then sell is my advice for beginners.

[awik p]

Hello Everyone.

I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?

Beginner should learn first how to buy Bitcoin and hold till when its value has appreciate before selling at profit. Margin trading is not for beginners who is still learning because there is a high tendency of them loosing all their capital as a result poor knowledge of how crypto currency margin trading work. Just buy low and hold till you have made profit then sell is my advice for beginners.

We really should be aware of ourselves if we are still beginners, in the sense that we should not impose a will that has not yet become our class, such as margin trading, because this has a greater risk. we have to learn step by step until finally we can go to margin trading with lower risk because we already have the knowledge

[RokokGudangGaram]

Many would say no but I can say yes but don't put too much because for sure you will lose all of it. You can try margin trading for the sake of learning and not earning remember that if you are newbie you need to understand all first before putting too much money to it and of course it might be an expensive lesson but it's worth it.

[aquafinewater]

I think no for newbie user spot trading is best because new user don't have any experience and knowledge so if he do margin trading loos money or which have a better knowledge about margin trading can do it .

[checkmatesir]

It is very risky to work on it because beginner don't have that much knowledge about the trading and they lose most of the money through trading without being having much knowledge about trading and another thing margin trading is risky one for the beginners.

[RealMalatesta]

It is very risky to work on it because beginner don't have that much knowledge about the trading and they lose most of the money through trading without being having much knowledge about trading

If you think that beginners are not having knowledge then I must say that they should not get into trading at all regardless of it would be spot trading or margin trading. Beginners obviously will not be having experience but they should have sufficient knowledge on trading and that must be the beginning point of their aspiration about trading.

it is better to trade the traditional way buy and sell quickly.

That cannot be a traditional way. If you look for quick trading then losses are the only results you may end up finally. Profits can be made easily when you hold bitcoins which might last up to 4 years of time as well.

[carlfebz2]

Hello Everyone.

I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?

Stick with Spot trading first before you do touch up the ground of margin and futures trading because this one isnt really noob friendly. Make yourself better first with spot then thats the time you do consider out on

touching margin but i would recommend that you shouldnt touch up more than 10x leverage or else then you are just simply doing gambling but well its your money then its your choice.

You should be mindful about the risk because if you do just dive in without any doing research and proper experience then you do really put yourself into loss.

[Hypnosis00]

I think we need to go step-by-step,
1. spot trading
2. Margin Trading
3. Future trading

It looks like we need to become an expert first to spot trading in preparation for a more risky trade which is margin trading. The idea of choosing margin trading despite being a newbie in trading, I tell you the truth is that you are simply compromising yourselves. if you care about your position, I don't think you dare to try it.

[lalabotax]

For a beginner?
I think that margin trading is promising. However, if it is for a beginner, I don't think it will work well, This trading also requires higher risks than spot trading.
So, I will better suggest you spot trading at first than margin as also other members here said.
But, if you have had a good experience and also learning, you may do it by process, learning by doing. But you must set up the risks and be ready for them.

I think we need to go step-by-step,
1. spot trading
2. Margin Trading
3. Future trading

I agree with this.

And btw, also consider using the stop-loss feature if any. Learn it more and maybe it will be helpful someday

[taufik123]

I think we need to go step-by-step,
1. spot trading
2. Margin Trading
3. Future trading

It looks like we need to become an expert first to spot trading in preparation for a more risky trade which is margin trading. The idea of choosing margin trading despite being a newbie in trading, I tell you the truth is that you are simply compromising yourselves. if you care about your position, I don't think you dare to try it.

Actually, you don't have to be an expert, if you already know what basic trading looks like and how it works, that's enough to get into trading. Trading spot, margin or futures is equally risky. However, trading on margin and futures carries a higher risk and loses money more quickly if we don't know about how it works. For spot trading, I think it's safer. Beginners should start spot trading to practice their skills, it will be better.

Just don't use the money you need to enter the trade. Always use free money so that there will be no burden when trading does not match expectations.

[Hypnosis00]

snipped~

Actually, you don't have to be an expert, if you already know what basic trading looks like and how it works, that's enough to get into trading. Trading spot, margin or futures is equally risky. However, trading on margin and futures carries a higher risk and loses money more quickly if we don't know about how it works. For spot trading, I think it's safer. Beginners should start spot trading to practice their skills, it will be better.

Just don't use the money you need to enter the trade. Always use free money so that there will be no burden when trading does not match expectations.

But if we wanted to gain more from trading learning the basics is not good enough IMO. It means that we need to take the risk as that is how trading is meant to be and that is how it works. if we are afraid to lose and doubted our doings, there is nothing that will happen to us, and have nothing to expect then.

Becoming a pro trader was an ambition and that gonna be happen if we have the courage to learn more and face the challenges. And we don't just be contented only learning the basics but have to look more.

[killerman2]

Mainly it depends upon the trader that how can he invest and how much he has the ability to work on and can lose the money, because trading starts with experience and if someone wanted to start trading he should have some knowledge about the trading and only it is good for them though.

[taufik123]

But if we wanted to gain more from trading learning the basics is not good enough IMO. It means that we need to take the risk as that is how trading is meant to be and that is how it works. if we are afraid to lose and doubted our doings, there is nothing that will happen to us, and have nothing to expect then.

Becoming a pro trader was an ambition and that gonna be happen if we have the courage to learn more and face the challenges. And we don't just be contented only learning the basics but have to look more.

the basics are not enough, but greater knowledge starts from the basics first. Don't wait until you become an expert to be able to trade.

You can take risks as long as you know the risks involved. but it's better to learn from the mistakes of others, because it will be a warning for us not to get caught up in those mistakes. Fear of losing is natural, but must minimize the loss.

Everything does require a process, nothing is done instantly.

[Shohanur]

Whatever do, firstly, try to learn it properly then it will be easier for you to do well. Without proper knowledge and real life experience, it is very tough to good in trading. All the traders are not same and as a beginner, it is necessary to learn perfectly.

[koang]

If you have not mastered spot trading, you should not use leverage and if you have mastered spot trading, you do not need to use leverage.
So why take an extra risk on an already risky asset class?

Too many people think they can get rich quick, they don't realize they are gambling short term

[CryptoLogo]

So to speak. Margin trading is unforgiving.
If, with a deposit of $ 100 in regular trading, you can sometimes afford to make mistakes, then with a margin, the price of your mistakes will be in direct proportion to the leverage that you will take.

[Issa56]

As a beginner I believe its very bad to start with a marginal trading because the chances of losing your funds is very high because I believe you don't have enough idea. I believe the profit for marginal trading is very high that's why people are always after marginal trading but the risk is also very high. So as a newbie I believe you should definitely start with spot trading and because the risk of losing money is not that high compare to marginal trading.

[Silberman]

Hello Everyone.

I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?

I will be very direct, margin trading is only for expert traders and even in this market I will not recommend it as the chances that you lose all of your money because of a single mistake is simply too high, it is true that you can earn more money with margin trading and this is what attracts all kind of traders but it can also bring you more losses, and taking into account the market has a tendency to move incredibly fast then the chances that your orders are fulfilled at worse prices than what you were expecting are high, so please stay away from it and do not engage on it until you have demonstrated to yourself that you can win by trading normally, after all if you cannot do that then what makes you think you will obtain profits when you margin trade?

[Mahanton]

So to speak. Margin trading is unforgiving.
If, with a deposit of $ 100 in regular trading, you can sometimes afford to make mistakes, then with a margin, the price of your mistakes will be in direct proportion to the leverage that you will take.

And majority of noobs would be most likely directly going with maximum leverage and in result? Total blown out of capital in a short span of time. When you are just noob and tending to step your foot into margin
or leverage then this is something that you cant really deal with it actively or simply would really requiring enough experience and risk management not that could be possible for a newbie to have.
It is never been good of beginners but there are people who do really love to step their foot even if they do know that they arent doing something good into it.

[Shasha80]

As a beginner I believe its very bad to start with a marginal trading because the chances of losing your funds is very high because I believe you don't have enough idea. I believe the profit for marginal trading is very high that's why people are always after marginal trading but the risk is also very high. So as a newbie I believe you should definitely start with spot trading and because the risk of losing money is not that high compare to marginal trading.

Everything you say is absolutely true, margin trading has a very high risk, the possibility of us losing money is very large. Especially for beginners who
don't have the knowledge and experience, it will definitely end badly if they dare to try margin trading. We should not be easily attracted by the large
profits that can be obtained from margin trading, but we also have to think about the risks we will face. Newbies should focus on spot trading first,
which has much less risk and is relatively safe if done correctly. After successful with spot trading, there is no problem in trying margin trading.