Before getting into trading

[otundebis]

Trading require you to be realistic of your expectations and your ability to make profit.  If you have not come to terms with your capabilities, you are likely going to lose consistently. So,  you have to be sure and be confident in making your own decisions,  do what is necessary to turn in profit for yourself!

[rahmatullah9305]

Before getting into real trading, it's a good idea to practice on a demo account first, learn trading techniques and analyze how the market will develop in the future. All need concentration and patience to increase knowledge in crypto. Not only that, almost the average trader has had a bad experience. Of course you don't have to go through anything bad, so you should learn more and practice the skills you already have. Then trade from small capital, if there are some mistakes in your analysis, you have a lot of opportunities for your first capital.

[Finestream]

Trading require you to be realistic of your expectations and your ability to make profit.  If you have not come to terms with your capabilities, you are likely going to lose consistently. So,  you have to be sure and be confident in making your own decisions,  do what is necessary to turn in profit for yourself!

Set a goal for your own so you will have target what to be achieved, and you will work hard for it to make it realized. I know we have different preparations before getting into trading but those basics should include acquiring knowledge in crypto trading, understanding the whole price movement in the market, practicing your own skills and strategies until it will be well developed. But that won't be long enough. Trading is quite more different when you put it in experience. You need to be more patient too and never expect much on your first trading because eventually there will be more losses than profits for sure but you can work it own so that by next time, you will be able to maximize the profits already.

[bitzizzix]

Before trading, you should increase your knowledge before starting because most beginners who start trading are usually too excited and immediately trade, maybe they think trading is easy.
because without the right knowledge is like going to war without a weapon. As a result, the lifespan of their accounts only lasts a moment and there are also those who accept heavy losses and then blame the real crypto for their own stupidity and carelessness.
better first learn in depth about trading and start with small capital and learn to analyze, do it with discipline and if it fails, don't give up trying to be better and improve it and so on.

[Fredomago]

Before trading, you should increase your knowledge before starting because most beginners who start trading are usually too excited and immediately trade, maybe they think trading is easy.

They think that way as they saw people who encourage them either by means of personal conversation

or by watching streams give them hints that it's not hard to work with trading, but in reality, it's not and
the risk is high when dealing with this business.

because without the right knowledge is like going to war without a weapon. As a result, the lifespan of their accounts only lasts a moment and there are also those who accept heavy losses and then blame the real crypto for their own stupidity and carelessness.

Good example and for sure no one wants that to happen, going to war without any riffle
Close fist is no longer possible now. Hahaha

better first learn in depth about trading and start with small capital and learn to analyze, do it with discipline and if it fails, don't give up trying to be better and improve it and so on.

Step by step and take every knowledge that you can learn while participating in this business, don't rush learning
things the right way is more appropriate for a better chance of success.

[zanezane]

Trading require you to be realistic of your expectations and your ability to make profit.  If you have not come to terms with your capabilities, you are likely going to lose consistently. So,  you have to be sure and be confident in making your own decisions,  do what is necessary to turn in profit for yourself!

Exactly having a dreamy expectations would only result in frustration that can dishearten even the most enthusiastic trader there is. For me, you should trade in a safe play manner so you can insure a consistent profit albeit small.

[LimLims]

When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?

Preparation is the one that can save you from losses.
But good calculations and estimation will lead you in the profit.
Before starting trading, if you master in these all three, then no one can stop you from winning.
At last choose the best coin and invest upto a certain limit.
Hope this helps you OP.

[South Park]

When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?

Invest with knowledge. First, everyone needs to be serious to learn and not just they saw others getting profits from trading. Sometimes others just want to be involved because of pure money. With that mindset, they will never look at the risks and will rush everything to make profits.

Honestly, basic knowledge is enough to start. Lots of pointers to read before doing an actual trade will just make a new trader confuse. Let them experience the actual trade with only basic knowledge and allow them to learn things automatically while on the way.

Again, be serious and don't take that as a joke. It will take time to learn but it's worth your time.

This is something newbies never really get, knowledge is an investment as well, you not only decide to become an investor the moment you put money in a stock or a cryptocurrency, you do so the moment you decide how do you want to use the time you have available each day, and if I see a person using their free time to have fun while another is reading books about trading I know who has the higher chances of becoming successful before they make a single trade in any market.

[DoublerHunter]

Before trading if you want to succeed in the market you must trade according to its rules and regulations. Since we are taking it as a profession or business we have to trade in the right way and by collecting the right information do any kind of trade or any work, you must work only by observing whether any news is coming or if there is any possibility of bringing any news so that the risk is less. Since trade is an online system so many changes and corrections are constantly coming here so these should be analyzed properly.

^ It is easy to say but it is hard to do when you are in actual trading and I don't know where you will collect the right information that you are talking for. Knowledge and skills are the most common requirements before getting into trading and the last one is capital, if you have these then you are good at trading and have the potential to gain profit in the future. The market is unpredictable, there is no way you can get the right prediction, you must understand first how volatile works and how you will apply the strategy to it.

[blockman]

Exactly having a dreamy expectations would only result in frustration that can dishearten even the most enthusiastic trader there is. For me, you should trade in a safe play manner so you can insure a consistent profit albeit small.

Whether you have a consistent profit or not, you expect to have a roller coaster experience because not everyone who starts out their trading journey is having a good time.
It's best to think that you'll have a roller coaster ride as you trade and you need to be open to it so that it will add to your experience. And by having that experience as you enter trading, you'll have something to learn which will help you in the long run.

[Kasabus]

Before trading if you want to succeed in the market you must trade according to its rules and regulations. Since we are taking it as a profession or business we have to trade in the right way and by collecting the right information do any kind of trade or any work, you must work only by observing whether any news is coming or if there is any possibility of bringing any news so that the risk is less. Since trade is an online system so many changes and corrections are constantly coming here so these should be analyzed properly.

^ It is easy to say but it is hard to do when you are in actual trading and I don't know where you will collect the right information that you are talking for. Knowledge and skills are the most common requirements before getting into trading and the last one is capital, if you have these then you are good at trading and have the potential to gain profit in the future. The market is unpredictable, there is no way you can get the right prediction, you must understand first how volatile works and how you will apply the strategy to it.

It's always a basic that you should first acquire your knowledge and skills through videos and demonstrations wherein you can actually learn and build your own strategies. The capital even a small amount is good enough already. And from that, you can start engaging in a real trading and as you go on trading, you will continue to develop other strategies that will also work on you. The first trading may be quite harder for you since you are most likely to make losses than gains, but as you go on trading, you will eventually learn how to be a good trader and start earning profits by then.

[Hippocrypto]

When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?

On my experiences, I don't have preparation too and I just entered the market because of bounty tokens. That made me so devastating as I've come without any knowledge on how to handle tokens and coins. One day I failed on the decision I made of failing to sell my tokens, then one day those asset went out undervalued until today and worst mistakes other of them became dead coins.
Good thing I learned all from those mistake, now I've switched to reliable assets like eth and btc which still remain as my long term holdings.

[safari88]

Before you start trading you should have already gained knowledge about trading and analysis, either its basic to intermediate and capital. It doesn't matter if it is small, actually small capital is the recommended one especially if you are a new trader. Try to make trade for at least a month or more and see if you can earn with your small capital, learn from the markets and learn through different traders.

[XCANA]

Never you start trading crypto currency with emotion or anxiety of making so quick just because of must have head testimony of people that have turned millionaire via crypto currency trading because you don't how they started and their trading level skill and how long they have been in trading.

[carrigan]

To start a trading you must really understand first about the basics. Second, you must learn to control emotions well, because trading requires extra patience and a race against time. Lastly, start trading with small capital just in case if you are exposed to risk or loss and lose money then you will not lose a lot of money. In addition, by starting a small trade, you will be better able to learn strategies for dealing with unstable markets and practice to analyze the market.

[lixer]

When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.

I think the first thing you have to do is to not let people mislead you. If you are going to be a trader,then you have to be ready to do your own research and know whether what you are being told is right or not. You shouldn’t just rush and believe whatever you’ve been told, you should be ready to verify that.

The next thing I would like you to know is that when you are learning don't rush to pay for anything you see online, because most of those things that you are rushing to pay for can be gotten for free if you should do proper research on it. Sometimes you will come to find out that what you are paying for is not even worth it.So you shouldn’t rush and pay for just anything you see, if you don’t know what to do you can ask questions, maybe in this forum, and people will answer you.

[SquallLeonhart]

When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?

Before starting to trade you need to realize that trading is not something that is 1 or 0, this is not coding. You do not have to do what everyone does to make a profit, you could find your own ways to make profit and that will require a lot of research but you can find it. This doesn't mean to ignore all the other people who make profit while trading, of course take examples from them and learn from them and learn the ways they trade as well however doesn't mean that you need to do exactly what they are doing.

This is why I believe that it is the best way to make a profit if you do something that you come up yourself or at least you personally prefer instead of what you think may work for more profit. If you do what you think is "the right way" and not do it your own way then you will end up losing money in any method just because you do not enjoy it, first you need to enjoy doing it yourself.

[PhucS]

Before entering this market, I think you should take the time to learn crypto-related knowledge, this preparation is essential. There is a lot of information, free knowledge for you to learn. Don't use all your money to trade, start with a small amount.
Some people on social networking sites always give advice, you should not trust it completely, need to find out clearly before making a decision.

[Doell]

before you must have capital and divided for several case

• fast
• medium
• long term

if you have divided it into 3 parts then you will be fine but the thing to remember you have to set a target on medium and long terms ,if it has been achieved then throw it go  and don't be arrogant to want to get a lot of profit because it takes additional time for that ,different from fast no matter how much profit you have to be willing to do it because there is a high risk of getting a loss
you have to master the placement of these 3 strategies because being a trader is difficult you have to be ready anytime and anywhere to get profit ,It's up to you if you want to use a strategy in a legitimate strategy
what I learned alarm is very useful

[Fredomago]

before you must have capital and divided for several case

• fast
• medium
• long term

if you have divided it into 3 parts then you will be fine but the thing to remember you have to set a target on medium and long terms ,if it has been achieved then throw it go  and don't be arrogant to want to get a lot of profit because it takes additional time for that ,different from fast no matter how much profit you have to be willing to do it because there is a high risk of getting a loss
you have to master the placement of these 3 strategies because being a trader is difficult you have to be ready anytime and anywhere to get profit ,It's up to you if you want to use a strategy in a legitimate strategy
what I learned alarm is very useful

The very qualification of a trader is knowing the best timing for his investment, there are many form of strategy that works from different types of traders, getting the idea of splitting your investment is good but just like what you have said, the importance of acknowledging the strategy that you will going to use, short,mid and long-term investment should have good targets not just mid and long but also short term, even its only small amount but having it organized will allow you to rinse it back from time to time.

You need to be ready and you need to make sure that you are will to take the risk; the market is very volatile and the assurance of correct anticipation is not always there for you.