Things to know before trading.

[pelumi20]

For me the number one thing you should know before going into trading is that you are not going to get rich overnight as trading is a skill that requires time to master. So as a trader you have to be willing to submit to time and process you have to be dedicated and committed to mastering the skill before it can liberate you.

The number two thing you should know is that you are going to lose money, so don't beat yourself up when that happens.

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[Rehan Zakir]

You have discuss the most important things for trading. Because it is not a simple task to do trading. Learning is very important for trading. SO, first we have to learn the most important points about trading. If you are a newbie in trading then learn how to trade. and after that learn about the technical and fundamental analysis. These are the most important points for trading. This will help you for trading. So, first learn and then start earning.

[imstillthebest]

among the four list the fourth one is the most important of them all because without it you wont be able to continue doing the three acts  .
when you start your journey to become the greatest trader of the world you will find yourself loosing or earning but not good enough but this shouldnt stop you ,
you shouldnt only be motivated if your earning and your earning nicely because this dont come first in the process .

[coiner-88]

The time factor is vital and amateur merchants ought to comprehend that exchanging isn't pretty much as simple as they suspected and that on the off chance that they actually take a look at appropriately the foundation. There is no stop time to looking into exchanging on the grounds that the market will consistently go all over, and on the off chance that you don't find out additional, you won't get an opportunity to make a benefit.

[Mamun74]

I think trading is not easy way to get profit. When you start trading then you need to know good experience about trading and you need to trading signal. Patience is necessary to trading. Research good coin or token and buy for trading. Trading skill must be needed for trading.

[rahmatullah9305]

Yes, these four points are important lessons for traders. The success of a trader is very dependent on patience and the ability to take the time to continuously monitor market conditions. The most important factors are in points one and two in my opinion. A trader's knowledge must be complete with techniques and strategies that are suitable for use in trading, meaning that market conditions change from time to time and must continue to be studied so that the strategies we use do not fail. Furthermore, risk management is the main key, we can even easily lose all assets if we don't care about the risks in trading.

[dunfida]

Many people have been investing in cryptocurrency, and some have been complaining that they are losing money, particularly newcomers, so I believe this will really help you as a trader. The following will guide everyone to be a successful trader.

There are four keys to successful trading.

1. Find a strategy that works for you: If you are dedicated and forced to put in the effort, you will undoubtedly find a strategy that works for you. There are a variety of strategies available for you to try out.

2. Risk management: You must work on your risk/reward ratio, know how much you must invest in a coin, and only invest what you can afford to lose. If you are trading futures, always use a low laverage and don't forget to use a stop loss.

3. You must give yourself time: Because cryptocurrency requires patience and dedication, you should not rush to make money at the same time This is impossible since if you buy a coin now, it may take weeks or months for it to pump, so don't expect to make money quickly with cryptocurrencies. Give yourself time to investigate and plan. Because trading is a long-term endeavor, you must devote sufficient time to learning.

4. Dedication and commitment: If you truly want to be a good trader, you must be able to devote all of your time to it. Since you are making money from it I believe it really worth giving all your time.

5. Dont be emotional and dont tend to listen up others calls and suggestions because we are just all predictors on here.

6. Proper capital handling (Well its part of risk management)

7. Dont make use of loaned money for you to trade off.

[matchi2011]

You have discuss the most important things for trading. Because it is not a simple task to do trading. Learning is very important for trading. SO, first we have to learn the most important points about trading. If you are a newbie in trading then learn how to trade. and after that learn about the technical and fundamental analysis. These are the most important points for trading. This will help you for trading. So, first learn and then start earning.

Keep learning and enhancing your opportunities. Trading is not easy and, like how it was described, you need to earn more knowledge
If you want to extend your opportunities from this business,. There are many newcomers who lose their money while dealing in this market.

Having the right mindset will help you survive, as long as you are willing to adjust and you are willing to explore all the opportunities
from this market, it's still good enough to continue your trades.

[jambul_kribo]

You have discuss the most important things for trading. Because it is not a simple task to do trading. Learning is very important for trading. SO, first we have to learn the most important points about trading. If you are a newbie in trading then learn how to trade. and after that learn about the technical and fundamental analysis. These are the most important points for trading. This will help you for trading. So, first learn and then start earning.

i think alot thing we need to talk especially trading skills and money management knowledge, trading was not easy stuff that could do anytime without any preparation at all. even experienced traders still improve their skill to get more competitive in market. trading skill , money management and pcychology was common thing we should prepare before start our trading journey.

[mksundip]

about risk management it seems this could be the main choice. because in a trade there must be a risk of loss or risk of failure. so in my opinion this should be controlled, planned and adjusted based on the existing management. This is very useful for anyone so that when trading does not experience losses

[Aurorra]

Before trading you need to have a wealth of knowledge reserves, and having a sufficient trading foundation will help you succeed. And you must have a positive attitude to trade.

Trading needs to withstand the test of time and have enough patience, always pay attention to the price trend and buying and selling of the encrypted market to formulate trading strategies.

[juliepower]

Things to know before trading in my opinion firstly you have a good knowledge about Bitcoin how it works without knowledge nothing can be done. You have to be patience to earn profit. Make plans and strategies before pitting on investing. Keep update. Whenever you puting your amount put a small amount that you can aford to lose before putting search deeply about market where you are going to putting.

[Trouvaille]

1.Before trading you must truly study and understand cryptocurrency knowledge and find a trading strategy that suits you.

2.It takes a lot of time to research and analyze market trends, and do a good job of risk management to reduce losses.

3.Learn to control your emotions. Always keep a calm mind when trading and try to avoid being affected by market sentiment.

[Yamifoud]

Things to know before trading in my opinion firstly you have a good knowledge about Bitcoin how it works without knowledge nothing can be done. You have to be patience to earn profit. Make plans and strategies before pitting on investing. Keep update. Whenever you puting your amount put a small amount that you can aford to lose before putting search deeply about market where you are going to putting.

Patience will always be the key either in trading or investing. Nobody was able to reach their goal and succeed without this thing. Trading wasn't be all the time in success but more often we'd suffer losses due to uncontrollable market and so our emotion.
That is why we need to take a look at ourselves and see's if we can really manage to trade or we need to stop dreaming of becoming a trader. We don't need to urge ourselves for the fact that at the end of the day, we only have to suffer losses.

[PhucS]

Many people have been investing in cryptocurrency, and some have been complaining that they are losing money, particularly newcomers, so I believe this will really help you as a trader. The following will guide everyone to be a successful trader.

There are four keys to successful trading.

1. Find a strategy that works for you: If you are dedicated and forced to put in the effort, you will undoubtedly find a strategy that works for you. There are a variety of strategies available for you to try out.

2. Risk management: You must work on your risk/reward ratio, know how much you must invest in a coin, and only invest what you can afford to lose. If you are trading futures, always use a low laverage and don't forget to use a stop loss.

3. You must give yourself time: Because cryptocurrency requires patience and dedication, you should not rush to make money at the same time This is impossible since if you buy a coin now, it may take weeks or months for it to pump, so don't expect to make money quickly with cryptocurrencies. Give yourself time to investigate and plan. Because trading is a long-term endeavor, you must devote sufficient time to learning.

4. Dedication and commitment: If you truly want to be a good trader, you must be able to devote all of your time to it. Since you are making money from it I believe it really worth giving all your time.

Thank you for the advice. Taking the time to learn and plan in this market is essential to avoid losing too much, especially for newbies. A lot of newbies, they just want to make money quickly but don't want to learn the knowledge and strategies, so losses are easy to happen.

[rhodelmabanal]

Some expert says that trading or investing requires a clear understanding of the coin or stock and its underlying value. That can easily be done by using technical indicators. It is important to know more about the coin that we need to invest before purchasing and I agree or believe on it because I experience loss last 2017 because of the coin that is being abandoned by the developers, so I think we now need to examine first and analize about the possible future of the coin to avoid losing.

[arbifahrozy]

I want to elaborate and make a change in your first statement that if someone is trading continuously for the past two years and he is losing all his money even following the same trading strategy from the past two years, then he should change his trading strategy because it didn't make any sense of getting profit for the trader.

[maydna]

Taking the time to learn and plan in this market is essential to avoid losing too much, especially for newbies. A lot of newbies, they just want to make money quickly but don't want to learn the knowledge and strategies, so losses are easy to happen.

After you learn and plan how you will trade, you need to practice the lesson because, with practice, you will have an experience that can help you improve your trading skill. Perhaps, it needs a long time before you can know how to make the right analysis so you can determine the time to trade. However, you can't always hope that your analysis will be right from one trading to another trading because the market will always change. You just need to prepare for that.

[Lordhermes]

Some expert says that trading or investing requires a clear understanding of the coin or stock and its underlying value. That can easily be done by using technical indicators. It is important to know more about the coin that we need to invest before purchasing and I agree or believe on it because I experience loss last 2017 because of the coin that is being abandoned by the developers, so I think we now need to examine first and analize about the possible future of the coin to avoid losing.

Exactly! that's the first thing to do if you are trading,you must first of all do some research about the coin you are investing in.The potentiality of the coin is the most important thing that matters.Knowing the value of the coin in years to come,or a year to come should be very important to u as a person going into trading.
There are some coins that are available to invest in,but they won't bring good profit in years to come,so do research and go for the ones that are promising.

[A BLackPearl]

Things you need to know before the transaction is much more than this. Transactions can make our patience more. Most of the failed to find experience. You can spend a lot of time in encryption, if your sub-industry is encrypted, you can use the weekend analysis market. Don't use a small amount of time to analyze the market for trading.