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Author Topic: My newbie trading experience  (Read 747 times)
Sihab76
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December 10, 2021, 11:14:21 PM
 #81

Those who are new to cryptocurrency should not start trading until they have complete knowledge. If you have enough knowledge then you can make small trades with demo account . . You can't get any benefits even if you don't have enough experienced and knowledge.
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December 11, 2021, 08:15:46 PM
 #82

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
You have done what we have always dreamed of doing, starting to trade. I have been trading for a long time but that start was the most exciting thing about it. I believe making that kind of return during a year like this is totally possible and I believe that we would all be doing very well if we just keep our head down and kept trading.

The market may not be pretty every day, but it is certain that it is also not horrible looking lately neither. Checking the past year, we could say that 2021 was overall a great year, started at around 30k, and finishing at around 50k is a great return on investment, over 50%+ profit in a single year even if you did not sell at the top. Anyone could have made a lot more than that if they traded well enough, or they could have lost a lot of money during down times as well. Let's hope for another year like this and many profits to come.
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December 11, 2021, 10:27:44 PM
 #83

Newbie luck is the sentence that explains what happened in your case, at the first profitable trade you think about how great your trading skills and you are able to beat the markets. Later it going to be hard challenge due to obvious reasons and bingo you lose triple of your starting trading capital. At least you managed to gain some real market experience.
Maybe but I don't need them to keep that luck every time they go for trading as not all the time it comes. Then, in that case, losses are very often. No, they need to work it hard and so they have to stop thinking about luck in trading. It wasn't a good idea either but a need for them to have the deep market knowledge and of course, they need to have a working and effective strategies as these are a big factor that could affect the results of our trading, yes of course, in a positive outcome.
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December 11, 2021, 10:41:46 PM
 #84

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
You have done what we have always dreamed of doing, starting to trade. I have been trading for a long time but that start was the most exciting thing about it. I believe making that kind of return during a year like this is totally possible and I believe that we would all be doing very well if we just keep our head down and kept trading.

The market may not be pretty every day, but it is certain that it is also not horrible looking lately neither. Checking the past year, we could say that 2021 was overall a great year, started at around 30k, and finishing at around 50k is a great return on investment, over 50%+ profit in a single year even if you did not sell at the top. Anyone could have made a lot more than that if they traded well enough, or they could have lost a lot of money during down times as well. Let's hope for another year like this and many profits to come.

I agree 2021 has been the best year so far for crypto trading, compared to previous years, the rise in crypto prices this year has been
absolutely incredible. Although approaching the end of the year the market experienced a decline, but the profit that I have made this year is
quite satisfactory. We really can't expect the market to continue to rise. There are times when the market needs to experience a decline,
so crypto trading must have patience. We must know when is the right moment to buy coins and when to take profit. If by the end of this year
the market has not recovered, I hope that entering the beginning of 2022 there will be positive movements. I believe next year will be better
than 2021, so we can all generate much more profit in the next year.

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December 11, 2021, 11:22:11 PM
 #85

In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.
Exactly,the experience was much,the mistakes I made are some of the things that make me do well now.I wouldn't have been able to make the money as I do now if I had not had the experience I had while starting as a newbie.
Despite trying many attempts to trade and I will end up loosing,I didn't give up,I was still trying my best,persevering to get to where I am today,and finally,my perseverance have paid up.
Therefore, we can say that experience is very important in trading. We can just call it the best teacher. Of course, a loss is a part of it, and have nothing to regret committing mistakes as well because from that we are able to learn more and possibly give some insights into what we gonna do next. But to remind that not all have become successful traders, that is also important to assess ourselves if this is really meant for us or not, so we can move on and find a place suitable for us.

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December 12, 2021, 04:05:37 AM
 #86

In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.
Exactly,the experience was much,the mistakes I made are some of the things that make me do well now.I wouldn't have been able to make the money as I do now if I had not had the experience I had while starting as a newbie.
Despite trying many attempts to trade and I will end up loosing,I didn't give up,I was still trying my best,persevering to get to where I am today,and finally,my perseverance has paid up.
Most time the money we lost learning to trade is the price we pay for the experience, in the cost of learning we lose but ultimately we gain experience which made us who we have become.
In my trading experience, I lost so much money in the beginning but I don't mind because I gain much experience during the time and that has helped me to profit much and the experience is still with me as a knowledge forever.
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December 12, 2021, 09:04:38 PM
 #87

I also started trading around 2019, the first coin which I traded was the coin I got from bounty reward which I sold very cheap because that was my first trade and my first time trading which since then I never regret been into cryptocurrency. I believe if you continue trading them you will have more experience, you don't have to feel bad cryptocurrency trading is all about profits and lost but I believe you should make sure your profit is more than your lost. Anybody that's telling you he will teach you how to trade without losing money the person is just deceiving you.

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Smitty Werben Man Jensen
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December 12, 2021, 11:11:40 PM
 #88

In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.
Exactly,the experience was much,the mistakes I made are some of the things that make me do well now.I wouldn't have been able to make the money as I do now if I had not had the experience I had while starting as a newbie.
Despite trying many attempts to trade and I will end up loosing,I didn't give up,I was still trying my best,persevering to get to where I am today,and finally,my perseverance have paid up.
Therefore, we can say that experience is very important in trading. We can just call it the best teacher. Of course, a loss is a part of it, and have nothing to regret committing mistakes as well because from that we are able to learn more and possibly give some insights into what we gonna do next. But to remind that not all have become successful traders, that is also important to assess ourselves if this is really meant for us or not, so we can move on and find a place suitable for us.
The more experience we have it will also be better because by having it we can know what to do in every market condition,
which is clearly not easy to trade in addition to experience two other things we must also have such as knowledge and skills

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December 13, 2021, 02:47:27 PM
 #89

In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.
Exactly,the experience was much,the mistakes I made are some of the things that make me do well now.I wouldn't have been able to make the money as I do now if I had not had the experience I had while starting as a newbie.
Despite trying many attempts to trade and I will end up loosing,I didn't give up,I was still trying my best,persevering to get to where I am today,and finally,my perseverance have paid up.
Therefore, we can say that experience is very important in trading. We can just call it the best teacher. Of course, a loss is a part of it, and have nothing to regret committing mistakes as well because from that we are able to learn more and possibly give some insights into what we gonna do next. But to remind that not all have become successful traders, that is also important to assess ourselves if this is really meant for us or not, so we can move on and find a place suitable for us.
The more experience we have it will also be better because by having it we can know what to do in every market condition,
which is clearly not easy to trade in addition to experience two other things we must also have such as knowledge and skills
many say that trading is not easy and requires experience. but I think to be a successful trader is certainly not a short process. And that doesn't mean we can't trade forever as long as we really study hard, of course there will be improvements. I felt this myself when I first traded, I felt frustrated so that we could enjoy trading itself even though we didn't have satisfactory results

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December 13, 2021, 09:58:02 PM
 #90

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
That same knowledge that you have got that took you from the initial $200 investment to over $400 of profit is enough to help you succeed in the cryptocurrency trading market. All you have to do is know that there are lot to be learning everyday. Even those of us that has been around for a quite a long time are always looking for new things to learn in the market.

You have to always be updated on everything that has to do with trading because that’s the only way that you’re going to be successful in the crypto trade market. Things changes everyday, and if you doing your best to keep up, then your just going to lose.
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December 13, 2021, 11:10:16 PM
 #91

I also started trading around 2019, the first coin which I traded was the coin I got from bounty reward which I sold very cheap because that was my first trade and my first time trading which since then I never regret been into cryptocurrency. I believe if you continue trading them you will have more experience, you don't have to feel bad cryptocurrency trading is all about profits and lost but I believe you should make sure your profit is more than your lost. Anybody that's telling you he will teach you how to trade without losing money the person is just deceiving you.
Experience will make you become better. Early loss as you trade is very essential, you'll make them right afterward. But if you keep on losing then you have to change your plans. It's not normal for you to have most of your trades at loss. It's either you're just letting it go and happen and you don't change your strategy. Newbies have to deal with losses but if it's happening most of the time, you have to be alerted if that's still necessary for you incur a lot of losses instead of making a money from it.

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December 14, 2021, 07:53:29 AM
 #92

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.

capital of $ 250 in a month to generate $ 450, here you get a profit of $ 200 in my opinion is very good for a beginner.
however, if you experience losses I think you need good trade management so that you can manage your money so you don't get caught in a loss. keep learning, take this loss as a lesson and keep the spirit

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December 14, 2021, 08:52:46 PM
 #93

As a beginner, this is not a bad enough initial income.
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December 14, 2021, 10:21:20 PM
 #94

Since you have experiences the plus and minus of trading, you must have some lessons why you can earn profits and vice versa why you will lose.
And this is normal in trading cryptocurrency. That is why for many people who are not ready yet entering crypto trading, they will probably stop and consider that trading cryptocurrency is something bad because of the loss.
I hope that you are not like that.
I think you have taken to the next level of trading experience by taking the right strategy to get based on your own experience.
Many people are learning by doing moreover by our own experiences. this will really work. Just keep it up to make your personal trading better and better, wiser in taking decision, and also better in managing your funds.

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December 14, 2021, 10:39:13 PM
 #95

Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.


Seeking higher profit should be done in a careful ways in order to deal with it, don't just trade if you desire for huge profit. Always start with your attitude because that's very important. You must be aware that trading is all about emotions, learning process isn't about bigger profit but if you have the skills step by step the aim for abundance on your financial capabilities will just follow in the near future.

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December 15, 2021, 08:09:06 AM
 #96

As a beginner, this is not a bad enough initial income.
Yes because most beginners have a similar experience as this, if there is a need to upgrade your trading portfolio you will have to do that most civilly, but if you jump into simply because you need more profits you may get it wrong, and leading to losses.

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December 16, 2021, 03:48:51 PM
 #97

I learned things which I will tell you. 1 is you should always buy in dip. and try to avoid those coins which got more green. And if you bought and you are at loss you should keep patience. and try to sell in the pump

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aryana42
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December 16, 2021, 04:05:11 PM
 #98

in advance I congratulate you on your first trade. yes, the most important thing in trading is to have extensive knowledge, the ability to analyze this market is born from our knowledge. Token volatility is the most important thing for us to know, because the token's opportunity to grow has a good movement. keep practicing your trading strategy and don't rush into decisions.
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December 16, 2021, 04:18:20 PM
 #99

You have good luck for your first trade, sometimes newbies are not as lucky as you. If you want to become a professional trader, you must have good skills. You just study harder to increase your knowledge about crypto. keep practicing your skills to be able to make peace with the market.
Mamun74
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December 16, 2021, 07:14:02 PM
 #100

You have good luck for your first trade.I Think, many times for newbies are not lucky as you.i think you can be professional trader.You trading skill good enough. You have to patience and move on.Always learn any mistake don't de greedy.And control  your emotion to be trade. Wish you good luck for your future trade.
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