What if I don't know how to trade

[Peanutswar]

If you have an internet connection and any kind of device you can now make yourself find the information you don't need anyone as your mentor you can get information to them but they are not always by yourside and trying to teach you all the mistakes, chance to get profit and etc.. If you are willing to involve with trading you need to start by yourself gather all the information needed sometimes having mistakes on trading gives you experience and try to deal and learn with it. Try to get more knowledge first not just only put leverage predict the market price and expect to have profit.

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[Masplanc]

Get the skill before going for the money. More money is the goal but a sacrifice has to made. We need to learn thoroughly become dexterously brilliant to analyze the market. Do fool yourself with greed or over curiosity cos it might lead to confusion not necessarily becoming a short term deficiency but a continuous defect that can relinquish our faculty of the market.

The skill which is the knowledge is the main thing , having a solid knowledge in trading will make trading very easy. Process of having this requires patience, hardwork, consistency . When one is too desperate to make earning in trading it doesn't end well most time, so knowledge before any other thing.

[nakamura12]

It is not wise to dive into the deeo water you are not sure if it is safe or not. Who would be stupid enough to dive a body of water where the water is unknown if there are monster fish swimming in there. The situation I just made an example with is the same in trading. You just dive into a trading platform without knowing if it is legit and not a phishing site. Second is that you have to know the important things to start trading. If you ask me what would I say is it will only take 5 words which is "DON'T DIVE INTO THE UNKNOWN" that is why study, research and learn first is a must.

[traderethereum]

Get the skill before going for the money. More money is the goal but a sacrifice has to made. We need to learn thoroughly become dexterously brilliant to analyze the market. Do fool yourself with greed or over curiosity cos it might lead to confusion not necessarily becoming a short term deficiency but a continuous defect that can relinquish our faculty of the market.

The skill which is the knowledge is the main thing , having a solid knowledge in trading will make trading very easy. Process of having this requires patience, hardwork, consistency . When one is too desperate to make earning in trading it doesn't end well most time, so knowledge before any other thing.

Indeed. Knowledge is the main thing that every trader must have before they trade.
Trading can be bought and sell and whenever you buy and sell, you do trading, which is the simple thing from trading.
You do not have to buy and sell too often if you do not have much experience or knowledge because that will risk losing the money value.
But if you want to make more profit, you should learn how to analyze the coin, how to know the right time to trade and else.
Many things you need to know about trading and that needs time before you can master them.

[Lordhermes]

Consistent research to gain more knowledge on the course you want to enter into can also give you an insight about it.Secondly,you must be able to ask questions,meet people that are already in the system to ask them about how they trade,getting knowledge from people that have experience in that field will help you in carrying out your purpose.
After that,try with little fund to see if the knowledge you've gathered is able to make you trade competently.
And lastly,if you fail,do not fail to try again.try again,and correct the mistakes you made first.failing is not failure,it is called experience.

[cryptoaddictchie]

Very specific topic but certainly a trader can do some trade and become an instant holder. Nobody losses holding for long term, hence they just earned through time as the coin or token they invested is growing. There are times that just by holding we could earned a lot especially if we just wait for the right time when should we sold our tokens.

[TheNineClub]

This forum really helps with teaching people how to trade. But people also need to keep in mind that this is only good for trading on a certain level. The higher echelons of trading require experience, expert levels of knowledge, and quite frankly, balls of steals and solid nerves. And people too often get delusional and think they will amass huge amounts of money by trading just for a couple of days when in reality they are nowhere near the level where serious money is being thrown around. Check yourself before you wreck yourself.

[ifarted]

Trading involves a lot of skills and strategies, hardwork, and to be consistent. The trader must have knowledge before actually trading because it is the main thing that ever trader must have. It is very important.

However, it is risky and could be more risky if you don't know a thing about trading because If you're just gonna trade cluelessly then you'll probably end up losing all of your assets.

The last thing you need would be to have patience and the habit of calming yourself after encountering failures. Do not get discouraged easily beacuse if you do you'll lose. Have hope of another opportunuties to come as it might lead you to become successful.

[Pmalek]

It seems that those who are relatively new in this forum focus way too much on trading. It's almost comparable to people wanting to make a living by gambling and playing casino games. The odds are against you all of the time. Keep that in mind. That's why we have 100s of casinos and sportsbooks. If they were losing money, they would close down. Instead, new ones are popping up all over the place.

There is nothing wrong in seeking knowledge, showing an interest in trading, and wanting to make money. But I have a feeling that people don't realize how many traders lose all of their funds and fail. Those who lose never get the spotlight, so you don't hear their stories. It's those selected few who manage to make some profits who are in the center of attention.

For general folks, trading is not a skill they ever need to master. Just buy the coin in a quantity and at a price you are comfortable with. Hold it for as long as you want. Convert it back to fiat or trade it for goods and services when the price has gotten to a point you are satisfied with. For the majority, this should be enough.   

[BD Crypto]

Your questions are really very important to know and in Crypto without experience or better knowledge we should not go for trading.
If you are a new trader then try to learn first and you can see many YouTube reviews of Crypto trading.

Again you will find best Courses about crypto trading in Udemy platform.Just buy them and finish the course properly.

Hope you will learn a lot.

[KingsDen]

Are you going into trading for the money or for the knowledge?
Don't be too faster than your shadow, trading is not meant for the lazy. Don't think immediately you get into trading, you'll making money, cos time is necessarily important to gain mastery. The great traders who are making great profits from trading had already sow the seed and now reaping their harvest so let's be patient. Don't rush cos slow and steady wins the race..."Power of consistency" with brain not just working blindly.

I think you are right, but not everyone wants to be a pro in trading. Not everyone even want to learn. Some people will always want to earn even without learning much. They can achieve this when trading by proxy. They can be trading with reliable signals (if there is any) or by copying trading.
So, in which ever method, the most important is risk management. Being aware of the reality of the market. Market volatility can shock anyone, even pros.

[finaleshot2016]

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Mate, even when we have the means and materials to learn how to trade in cryptocurrencies, it can still be difficult, and I believe it is not for everyone. That's why some of us are just putting money in and asking our friends if it's time to invest now and wait for the long term.

If a person is truly interested, we can watch a lot of tutorials on YouTube because that is where I learned a lot about trading, and I believe it is sufficient because it is very effective if someone is teaching you step by step and explaining the various types of technical analysis while showing you the interface.

[Ryker1]

This forum really helps with teaching people how to trade. But people also need to keep in mind that this is only good for trading on a certain level. The higher echelons of trading require experience, expert levels of knowledge, and quite frankly, balls of steals and solid nerves. And people too often get delusional and think they will amass huge amounts of money by trading just for a couple of days when in reality they are nowhere near the level where serious money is being thrown around. Check yourself before you wreck yourself.

Well, I don't think if there is anyone willing to teach you here in the forum but if you are talking about giving advice, tips, technique, and other fundamental and technical analysis, the rest was been made to learn on your own. If you don't know how to trade, you can stay here for a while and gather the information you need by having your own searching. I suggest also if you are technically new in crypto trading, don't immediately jump in into the trading field without proper knowledge, it will perhaps end up for you robbing in front.

[isaac_clarke22]

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I wouldn't suggest buying courses immediately when still trying the waters. Everyone can trade, but trading is not for everyone. I stopped trading because the time needed does not fit my schedule, and if I bought courses immediately, I would have regretted that kind of decision that I should have invested for long-term in Bitcoin instead. There are free resources out there anyway and there are some doing tutorial in YT as what you mentioned and I think that's sufficient enough. I would only buy course if I am "fully committed" to trading.

[TelolettOm]

Actually, if we don't know about something, don't do it at first.
Do it when you have knowledge about that, in this case, trading. And when to do it? After learning of course. Learning means very dip and wide to get knowledge, experiences from other people, and also many sources.
We can see how the learning process may look easy when we are only staring. But it will be very difficult when we are learning by doing to get some experiences.
I do very much agree with some people here. That: read, read, learn, learn, and learn until you know to trade, you are ready to trade, and you can prepare yourself to trade.
Crypto trading is not something easy. And we must not underestimate trading Trading needs knowledge skills, strategy, and good management.

[hatshepsut93]

You can either get trading skills here on the forum by asking questions and getting answers or attaching your time with sites/platforms that give trading lecturers, be it online or physical classes.

You can't learn anything useful about trading on this forum, you will just get some random tips and that's it. There's not a lot of pro traders here, and they won't spend their time teaching a newbie from zero.

Learning from courses and other materials won't guarantee your success. It's a widely known fact that most short-term traders lose money, and those are people who spent a lot of times learning from supposedly high-quality materials.

Then you need to also remember how insanely rigged the crypto market is. Scammers create shitcoins, pump them by hiring shills and using their capital to drive the price up, then dump it all and move on to a new shitcoin.

Don't trade crypto, don't look for "good projects", it's all just gambling where the risk is higher than the gain. Buy Bitcoin and HODL.

[Patigi]

If you don't know how to trade than invest and hold for a long period of time.i don't think trading is the only way. I don't think trading is that easy because it needs a big research and also need quality research. In fact trading is not main for lazy people. When trading you always need to be active online and always go for more research about the coin  you want to trade, so trading aquire time and dedication of active research.

[Trojane]

"What if I don't know how to trade"
  and why would you indulge in something you can't do? Most peeps are very concerned in earning money but they wouldn't wanna know technically...
* How it is made
*How their bucks replicates
* How the company makes profit too
 Most peeps are just so self centered and that's why they keep investing in the wrong platforms and end up being robbed of their    coins.
 Come to think of what @mk4 said:
* Trading needs a smart head that could probably read and understand the trading news and place right candles on the right spots to minimize loss not some dumb a$$

[Blue MoonFlower]

Knowledge is power! My kindergarten days was all about acquiring knowledge.

After doing that and yet still having some trouble with trading then you shouldn't trade yet. Another one is, are you willing to take the risk for the sake if earning profit by trading?. You can try searching in google about trading and you have to include bitcointalk i.e "How to trade bitcoin bitcointalk" then check if there is a thread or a site that make you interested in learning.

Absolutely!As for me, I won't take the risk. It would be better and more profitable if I will exert first some effort in doing research about crypto trading and absorb the learning ideas that could help me all throughout my crypto trading journey. There are a lot of platforms that could possibly help us learn how to trade. In my part, I learned a lot in youtube trading tutorial videos and some additional google research and techniques. Knowledge for me and self discipline is a must before we start into something especially in terms of crypto trading to avoid losses.

[jrrsparkles]

Nobody can teach you about how to trade, probably you can learn the process but its simple just buy low and sell high and you can get advise about choosing the marketplace which are exchanges, p2p, etc but only you can learn trading by yourself which will come from your experiences.