PROFIT must not be top priority in trading, instead of LEARNING first.

[Kelvinid]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

[Rich222]

You are right, knowledge first before profit because without knowledge or experience profit won't be in existence.

Many people want to make money without having the experience or knowledge of how to make money or understand the basic things that supplies the money.

So in trading, profits shouldn't be your first priority but understanding the various concept involved in trading.

[bitbollo]

Let's get simply, since it's a dichotomy "buy" or "sell", you can pick up the right event in the right moment and earning a profit... but this is just based on luck or maybe in some wrong assumption that you can't use again in another trade.
If you don't know information about a market you're just gambling on the market, more similar to a casino and not a real trade.
And probably most of people that approach themselves to altcoins and bitcoin market are just doing something like this.

[joeperry]

Learning is definitely a priority and you should not enter market without any knowledge about trading, you don't want to jump into something that you have no knowledge at or any information regarding that thing, it is just like jumping without knowing where you are going to land. I think it is a common sense that you should be learning and gaining knowledge through actual trades but most of the new traders are too excited to earn profit and ended up losing.

Though I would like to clarify, in trading it is also a priority to take profit. All traders goes to market with only one goal... to have profit. But prioritizing both gaining knowledge and having a profit was a good one, both can be a priority.

[Bitcoin_Arena]

It's why newbies in trading are always advised to only use money they can afford to lose because making losses while trading is something that will happen throughout a person's trading career.

Even well experienced, and professional traders make bad calls/losses once in a while. The aim of learning is for one to identify the best possible trading strategy they can work with which keeps making more profits than losses over a trading period.

[wxa7115]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

The process will always be more important than the end result, most of the time people concentrate on whether things turn out positively or negatively for them and then they adjust their behaviors according to that, however there are many instances in which this is counterproductive and instead you need to focus in the process regardless of the end result, and trading is one of those instances.

For example a newbie that comes to the market and invest in a new coin and earns a fortune out of it thinks of himself as a genius and someone with natural talent to trade the markets, but that is just because he's judging his performance based only on the results that he got, however when we think about this in terms of the process we can see that he was just lucky and that if he keeps doing that then he's going to lose all of his money eventually, so even if he got good results what he did was wrong.

[stomachgrowls]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

SUSTAIN!

This should really be your first priority and next would be making profits because once you do able to sustain yourself then profits will be flowing through because you do able to make money
on longer runs.This is why surviving is the first or mindset you do have when you are dealing on this market and not just hurrying up yourself on making money because this would really
just give out those kind of desperation which might result into mistakes. Learn things first and when you do able to handle up yourself well on this market then making money
wouldnt really be hard.

[Lordhermes]

In trading,one must not just be after making money to grow in Bitcoin,research and reading are the major things one should do in order to grow and excel in the work.
Learning from the experienced and taking corrections is another way one can grow in the work, and when one looks highly at the profit without thinking of how to get new strategies on trading,there is every possibility that he will not excel in trading,because he will lack the strategies and experience   on how to trade.

[Vaculin]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

SUSTAIN!

This should really be your first priority and next would be making profits because once you do able to sustain yourself then profits will be flowing through because you do able to make money
on longer runs.This is why surviving is the first or mindset you do have when you are dealing on this market and not just hurrying up yourself on making money because this would really
just give out those kind of desperation which might result into mistakes. Learn things first and when you do able to handle up yourself well on this market then making money
wouldnt really be hard.

 Not only in trading but definitely in all aspects of life. The process starts with learning and embracing all the possible ways that will make you a better trader and once you have build already your own strategies to make trading works, that will be the start of creating successful trades and start to minimize losses in trading. And once you can sustain from making profits in trading, that will be the time to focus on maximizing your profits and going on extra miles to make it more possible.

[livingfree]

I agree.

In the beginning, you have to gain what's necessary and that's knowledge and plan. A trader that doesn't have any plan and knowledge despite having the budget to trade, it's still going to be ending in a losing streak.

Learning and then earning will be next to it.

If, you gain what you have to gain and acquires knowledge relatively for trading.

[Sanitough]

In trading,one must not just be after making money to grow in Bitcoin,research and reading are the major things one should do in order to grow and excel in the work.
Learning from the experienced and taking corrections is another way one can grow in the work, and when one looks highly at the profit without thinking of how to get new strategies on trading,there is every possibility that he will not excel in trading,because he will lack the strategies and experience   on how to trade.

If you are here for immediate profits, i guess you're supposed to be in gambling rather than trading. Because in trading, you need extra efforts and  the right attitude to be able to sustain yourself and not to see yourself often losing. Trading is more on mastery and expertise, and you need to start with the basics of learning and inculcate it to yourself that there is no easy way to make profits but to learn it first on how to prevent losses. And when you see yourself already build up, that will be the start to seize every trading opportunities to make you more successful and profitable.  

[Rengga Jati]

Indeed, How can someone get many profits if they have no knowledge of trading?
That's only luck
And luck, will not be with us every time and every moment. I don't believe that every single second of someone's life will be always full of luck. That is why this seems to be gambling not trading if we have no at least the basic knowledge. Even gambling itself will also need some knowledge, won't it?  
We often read the thread and also comment on her in this forum that we must always have a willingness to learn, to obtain more knowledge. Knowledge is not only about the theory of trading itself, or about the cryptocurrency itself, but also any kind of knowledge that will be very helpful for trading. It will involve the knowledge and ability for management of risk and funds, knowledge of psychology and mental (emotion), and also others.
By learning, we can at least acquire the basic knowledge that will be our foundation of trading. Further, we can learn by doing, by evaluating our strategy and result of trading itself. No one is successful quickly and instantly in trading.
In this case, getting profit is also important, everyone here will always expect to get profits when trading, none will expect to always get lost, of course. But everything will not be instant and need process, one of the processes and things to have is the knowledge itself.

[sheenshane]

That's why I said repeatedly to anyone especially if you're new to trading, practice is very important in trading and it's considered for me as the best teacher.  So the more experienced that you have, there's a financial involved and certainly, need money for the capital.

Learning is very important but you can bypass losses if you only want to practice in trading, try different exchanges that have a free demo feature, in that case, it will improve your skills and knowledge without too many losses.  I tend to agree with the OP, it shouldn't talk profit when we are in trading.

However, trading needs luck sometimes and IMO there's no successful trader that can make a profit daily without experiencing losses.

[Fatunad]

In trading,one must not just be after making money to grow in Bitcoin,research and reading are the major things one should do in order to grow and excel in the work.
Learning from the experienced and taking corrections is another way one can grow in the work, and when one looks highly at the profit without thinking of how to get new strategies on trading,there is every possibility that he will not excel in trading,because he will lack the strategies and experience   on how to trade.

If you are here for immediate profits, i guess you're supposed to be in gambling rather than trading. Because in trading, you need extra efforts and  the right attitude to be able to sustain yourself and not to see yourself often losing. Trading is more on mastery and expertise, and you need to start with the basics of learning and inculcate it to yourself that there is no easy way to make profits but to learn it first on how to prevent losses. And when you see yourself already build up, that will be the start to seize every trading opportunities to make you more successful and profitable.  

When you arent that patient on learning first and trying to hurry things up then you are just simply gambling and this isnt a recommendable kind of trading behavior on which you should do
when you do make out some trades.Try to familiarize everything and dont tend to rush things up when making trading positions.Dont hurry for profits because it would normally comes out
if you have done it correctly specially on making out buying and selling decisions although it wont be that easy and this is where we do really need to learn up first.

[Ararbermas]

Yhup i agree on your thread title because without knowledge you cannot make profits in trading and you will end up losses instead..

Knowledge= success

so we need to make it as a priority to become successful in trading, just don't rush the situation and be aggressive always to learn more stuff about trading because there's no a short cut to become profitable trader.  
All of us need to follow the same path to have a better future in trading so be patient.

[worle1bm]

In the first place if you don't have the exact knowledge about the market and which coins to invest in then don't need to take the risk and have an idea about it or say learn some basics to enter the real trading.But if you wish to have practical experience then start with small amounts and with time knowledge will increase as you learn different approaches of market and how to make buy/sell orders you can substantially increase the amount of trading.But you are right on the part that if you have knowledge then only profits could be made so be sure to go through the first one.

[Strongkored]

Not all beginner traders have such an understanding, many of them enter the trade because they want to get a earner both as the main and additional so they only focus on making money and money.
Trading is not like a job in a company if it has been accepted to work if making mistakes will still get salary, while trading if you make a mistake then it will lose money that is more important to have the right mindset to be able to survive in the world of trading, lift up the knowledge is important things.

[Wind_FURY]

OP, in my opinion, they should be BOTH your priorities. Plus use all the tools available to you to help make you become more logical, and less emotional. Before my Bitcoin only HODLing investment, this tool was suggested to me by a close friend, https://pandaanalytics.com/index

It might help some of you.

[jrrsparkles]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Profit is the ultimate goal of trading but don't expect the goal become true when you just kick started it, it takes a lot fo time, patience and loss to become successful trader. There is nothing wrong with focusing on profits but you can't actually make it unless you know what should do and how it should be done according to the situation.

[Kelvinid]

It's why newbies in trading are always advised to only use money they can afford to lose because making losses while trading is something that will happen throughout a person's trading career.

Yes, and these newbies have no idea what this trading means. Most of them has been influenced by social media, many promotional ads mentioning good and high return upon trading, and these newbies take the bait.

I think this is the time to stop believing of what we saw online as these people never know exactly how trading works. And I think we need to help these newbies realize the risk in trading without backup knowledge coz it is certainly different if we have these things and the result too opposite.

[arwin100]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

This should be the one which need to look for by new people who want to engage with trading since if they just go there counting their possible profit without even thinking on what they are doing then maybe we will see then got burn on the market unpredictable volatility. That's why at earliest stage they should look at the experience of others and learn how the technicalities of trading since for this for sure they can learn something which they can use when they are ready to trade.

[palle11]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

It depends on how long the trader has been trading. I think money is a motivating factor if you an old trader. Yes a newbie should be focusing on strategy and knowledge first but an older trader gets worked up if no profit is coming in. It all depends on the situation but I think a newbie should always be focusing on how to get it better so when he becomes old trader, it becomes easy to get the profit. Learning at the right time is better than chasing profit while still a newbie.

[SirLancelot]

Well, that's why sometimes someone is recommended to enter with the minimum possible capital when just trying to trade. As far as I know, the profits that beginners make are usually due to luck, and there is a high chance that they will lose money at first. however, it does require knowledge. let's just say that the loss is the payment of experience. if they were really good at it when they made their first trade, it may be an ability that has been with them for a long time.

If they already have an ability to trade then they are not called beginners anymore but beginners are someone that are completely new to this activity. You said a newbie trader can earn a profit because of luck? but later on you also said that they made it because they are good at? That's a bit confusing but I think the first one is more correct.

There is what we called a beginners luck and it did happen because I also experience this not only in trading but also in gambling and other activities where money is involved. You don't need to pay money to have an experience but we have tools scattered around the web that are free to use. One example is demo trading.

[Finestream]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

It depends on how long the trader has been trading. I think money is a motivating factor if you an old trader. Yes a newbie should be focusing on strategy and knowledge first but an older trader gets worked up if no profit is coming in. It all depends on the situation but I think a newbie should always be focusing on how to get it better so when he becomes old trader, it becomes easy to get the profit. Learning at the right time is better than chasing profit while still a newbie.

In trading, the desire to make a profit makes a common motivation for all of us, be it noobs or legend traders. But always know that it does not happen in an instant. Everything comes with a proven and effective process. And that process involves learning that begins with educating oneself on the basics in trading, and eventually comes up with good strategies that will be your potentials in attaining success in trading. And once you already have that knowledge, enhanced skill and useful strategies in trading, then let's put it into practice. With experience, along with losses and gains, comes your mastery and expertise in trading, that later on will pave way to your sustainable profits in trading.

[jaberwock]

Well, that's why sometimes someone is recommended to enter with the minimum possible capital when just trying to trade. As far as I know, the profits that beginners make are usually due to luck, and there is a high chance that they will lose money at first. however, it does require knowledge. let's just say that the loss is the payment of experience. if they were really good at it when they made their first trade, it may be an ability that has been with them for a long time.

If they already have an ability to trade then they are not called beginners anymore but beginners are someone that are completely new to this activity. You said a newbie trader can earn a profit because of luck? but later on you also said that they made it because they are good at? That's a bit confusing but I think the first one is more correct.

There is what we called a beginners luck and it did happen because I also experience this not only in trading but also in gambling and other activities where money is involved. You don't need to pay money to have an experience but we have tools scattered around the web that are free to use. One example is demo trading.

I would guess that you need to be a bit good to get lucky, that's how I think about everything. If you work hard and get good at ANYTHING in life, when the opportunity comes then you will make a good amount of money as well.

However, if you are not good at it, then you can't even get lucky. Meaning; if you are great piano player but you are not at anywhere and not playing professionally or make any money, there is a chance you will never be playing or earning anywhere, but if you are great and then someone asks you to replace someone and then play, and everyone loves it, then you could get very big or maybe not. That's the hard work meeting opportunity, looking like luck to people "oh their player got sick, and he replaced him one day and got lucky" but he was ready.

If you didn't know how to play piano, then you would never have that chance to begin with. Same with trading, if you worked hard learning but never traded properly, then one day you will get "lucky" by doing what you should.

[Kasabus]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

This should be the one which need to look for by new people who want to engage with trading since if they just go there counting their possible profit without even thinking on what they are doing then maybe we will see then got burn on the market unpredictable volatility. That's why at earliest stage they should look at the experience of others and learn how the technicalities of trading since for this for sure they can learn something which they can use when they are ready to trade.

Everything is uncertain when it comes to crypto trading so expecting to make consistent profits for a newbie may turns out to be his first frustration. To avoid that, its better to expect losses at first as trading is more detrimental for those who lacks knowledge on it. However, if you come into trading backed with knowledge and skills, that will be your edge among others. But even though, you are not excuse from losing in trading. In fact, losing is  inseparable from winning. And the more you put into practice the learnings you gained from your experiences, the bigger the chances to stay close to your goal, and that is to maximize your profits every time you trade.

[Cling18]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

I certainly agree with this because based on my experience, our funds would be nothing no matter how big it is if we aren't knowledgeable about trading. We have to invest knowledge first so we'll be able to create the right decisions and we'll know how to deal with every market situation. Trading is a long process of learning but it's an edge because we couldn't gain the profit that we want if we lack knowledge.

[teosanru]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

I think the focus should be to make money only, but yes in a more systematic way. Keep your mentality like every winning trade is winning money but every losing trade is learning learned for the day. This mistake you will never repeat and this learning you will carry forward. Many traders even maintain a trading Journal for this purpose which contains all their recent trades and results of those trades and key takeaways they could fetch from each of those trades. Learning & skill enhancement is really never going to stop. Even after years of trading you will be learning a new thing every day because market will bring you new thing each and every day.

[boyptc]

I certainly agree with this because based on my experience, our funds would be nothing no matter how big it is if we aren't knowledgeable about trading. We have to invest knowledge first so we'll be able to create the right decisions and we'll know how to deal with every market situation. Trading is a long process of learning but it's an edge because we couldn't gain the profit that we want if we lack knowledge.

It's the first step.

Take it from those professional traders that they've been through several ups and downs before they've reached themselves into that peak of their trading career.

Learn in all aspects that you should as you trade like in experience, trial and errors, risk management, emotional management and as in almost everything.

[stomachgrowls]

I certainly agree with this because based on my experience, our funds would be nothing no matter how big it is if we aren't knowledgeable about trading. We have to invest knowledge first so we'll be able to create the right decisions and we'll know how to deal with every market situation. Trading is a long process of learning but it's an edge because we couldn't gain the profit that we want if we lack knowledge.

It's the first step.

Take it from those professional traders that they've been through several ups and downs before they've reached themselves into that peak of their trading career.

Learn in all aspects that you should as you trade like in experience, trial and errors, risk management, emotional management and as in almost everything.

You would need to learn everything and having a good control of it because if one of those factors are lacking then you wouldnt really be that much a good trader or sustainable ones.

Ex. Emotional aspect on which if you do fail on this one alone then you would really be having a problem on sustaining yourself into this career yet this one
would create some problems which would really be hard for you to fix it out if you arent that good on handling your emotions.
This is one of the example and there are lots of rest which you do need to learn and need to control of.

[monineklutak]

I certainly agree with this because based on my experience, our funds would be nothing no matter how big it is if we aren't knowledgeable about trading. We have to invest knowledge first so we'll be able to create the right decisions and we'll know how to deal with every market situation. Trading is a long process of learning but it's an edge because we couldn't gain the profit that we want if we lack knowledge.

It's the first step.

Take it from those professional traders that they've been through several ups and downs before they've reached themselves into that peak of their trading career.

Learn in all aspects that you should as you trade like in experience, trial and errors, risk management, emotional management and as in almost everything.

More or less like that and it should be realized also that in doing all of that make sure you have to be patient,
in learning it all to reach the peak of a career like them professional traders it takes time,
nothing is instant and everything needs a process

[DoublerHunter]

It's why newbies in trading are always advised to only use money they can afford to lose because making losses while trading is something that will happen throughout a person's trading career.

Yes, and these newbies have no idea what this trading means. Most of them has been influenced by social media, many promotional ads mentioning good and high return upon trading, and these newbies take the bait.

I think this is the time to stop believing of what we saw online as these people never know exactly how trading works. And I think we need to help these newbies realize the risk in trading without backup knowledge coz it is certainly different if we have these things and the result too opposite.

^ Not only influenced, but it also convinced by their friends, relatives or any close to them saying that trading is a good investment but the fact is they after for the affiliate program that the trading platform has. Trading is very risky if you don't have enough skills on it and knowledge about it, people should understand first how it will work before proceeding into this kind of making a profit because it is not easy to generate profit in trading.
Nevertheless, we can't blame them if they really wanted to explore and that is normal to have losses before you will learn.

[Oceat]

Knowledge will always comes first because that's how it all works and you didn't see someone gaining lots of profit without knowing what they were doing. If you see one, then it's most likely they were gambling and that is just pure luck it takes a little while if you will win again but for most people it's a complete disaster if they gamble in the long run.

That's why we always said to these newbies to learn the basics first not just in trading but for almost everything. Don't put money first, invest in books, knowledge is important in order to gain money.

[Bollexz1]

You're absolutely right. Looking back to when I started, I've missed out taking some huge profits in the past and I used to feel bad whenever it happens. But last year alone, I took one of the biggest profit of my lifetime not only in crypto but in life and that's due to my calmness in learning. It all adds up to my experience.

[Wind_FURY]

Well, that's why sometimes someone is recommended to enter with the minimum possible capital when just trying to trade. As far as I know, the profits that beginners make are usually due to luck, and there is a high chance that they will lose money at first. however, it does require knowledge. let's just say that the loss is the payment of experience. if they were really good at it when they made their first trade, it may be an ability that has been with them for a long time.

If they already have an ability to trade then they are not called beginners anymore but beginners are someone that are completely new to this activity. You said a newbie trader can earn a profit because of luck? but later on you also said that they made it because they are good at? That's a bit confusing but I think the first one is more correct.

There is what we called a beginners luck and it did happen because I also experience this not only in trading but also in gambling and other activities where money is involved. You don't need to pay money to have an experience but we have tools scattered around the web that are free to use. One example is demo trading.

I would guess that you need to be a bit good to get lucky, that's how I think about everything. If you work hard and get good at ANYTHING in life, when the opportunity comes then you will make a good amount of money as well.

Plus it's also important to know that "hard fork" just for hard work sometimes isn't enough, especially in a very competitive activity like trading. Your hard work might only be 50% of the work of another better, younger, hungrier trader. Sometimes accept your limitations and be more effective with your capital in other ways.

[suzanne5223]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

You make a good point but I believe it all depends on individual comprehension mind because no one will have the thought of enchanting his/her knowledge or skills without having the thought of making a strong or buzz which is called purpose in other words which will call profit in crypto investment.
You can go and check the only story of all successful traders, especially in the arbitrage, they always dream big and later work on it. Working on achieving that great dream is the major problem we have now in the market.

[boyptc]

I certainly agree with this because based on my experience, our funds would be nothing no matter how big it is if we aren't knowledgeable about trading. We have to invest knowledge first so we'll be able to create the right decisions and we'll know how to deal with every market situation. Trading is a long process of learning but it's an edge because we couldn't gain the profit that we want if we lack knowledge.

It's the first step.

Take it from those professional traders that they've been through several ups and downs before they've reached themselves into that peak of their trading career.

Learn in all aspects that you should as you trade like in experience, trial and errors, risk management, emotional management and as in almost everything.

More or less like that and it should be realized also that in doing all of that make sure you have to be patient,
in learning it all to reach the peak of a career like them professional traders it takes time,
nothing is instant and everything needs a process

Patience can be learned even if you're not.

Like the other important aspects, in trading, it's needed for you to be patient all of the time. So if you want to stay in trading for so long and make money the most from it.

You need to be patient no matter what the situation is saying. The latter part of what you said is true, it's all coming into a process and you have to taste every part of it so that you'll become better as you stay.

[goaldigger]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

We trade to make money, but I agree on the concept of this one since having a good knowledge can make you more profitable so if you’re a bigger you should learn how to analyze first, and you should know how to create your own strategy since trading is too risky and if you are not familiar with it, losing money is inevitable.

There are a lot of ways to learn trading now a days, to keep yourself updated you must lend sometime on your learnings and improving yourself.

Don’t focus too much on the money because it will come to you once you have that good strategy.

[milewilda]

Knowledge will always comes first because that's how it all works and you didn't see someone gaining lots of profit without knowing what they were doing. If you see one, then it's most likely they were gambling and that is just pure luck it takes a little while if you will win again but for most people it's a complete disaster if they gamble in the long run.

That's why we always said to these newbies to learn the basics first not just in trading but for almost everything. Don't put money first, invest in books, knowledge is important in order to gain money.

Having a goal or setting a target isnt bad specially it would really be on making profits but if you do hurry up yourself then this is where mistakes do happen and it shouldnt really be that tolerated.
Learning would be the first priority and that via means with real experience and next would be profits because you would realize for yourself that you are making money while you are learning.
On next trades then you do know on what you are dealing off and on how to handle up yourself with this very unpredictable market.

[Issa56]

I believe you are really right, as a beginner I believe you will definitely lose money, if you are after money as a beginner in Cryptocurrency you will continue to lose money, but as a beginner in Cryptocurrency if you focus on enhancing your knowledge and improving your skills then you will definitely start making money after getting the appropriate knowledge, but if you are after money, I believe you will continue to lose money and you won't know why you are losing money, so as a beginner I believe you should always go for knowledge first.

[Anguwa]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Actually, knowledge should be the first thing one should obtain before focusing on how much profit or gain one should expect. Many beginners, on the other hand, skip information and jump right into trading, all in the name of trying their luck, but when it doesn't work, they panic, and that's when they realize it's better to gain extensive knowledge before starting to trade and earn for profit.

[jaberwock]

I believe the reason why some are skipping the hard work is because they thought that getting into this crypto market, is like always the get-rich-quick concept that they have been reading. They don't know that some of them are just because of luck but mostly, because of the hard work of the trader. But later on, they will realize that there's more than meets the eye here. They will learn their own lessons in time.

The problem is usually because of the kind of news that the media disseminates; the media is always making it seem like it is so easy for anyone to get on cryptocurrency trading and get rich the next day, but that’s not how things works here. They are always spreading the news about how people became millionaires because they were trading or investing in Bitcoin, but they hardly share stories that reveals the other side of cryptocurrency investment;the risk part of it.

There are lots of people who are losing money in the market more than those who have turned millionaire. And only a few that able to know to gain knowledge first, are the ones that don’t fall into this trap.

[darewaller]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Yeah that’s right. But it’s usually difficult for most people, considering how long they might have to learn about trading and how they can go about making profit. That’s why a lot of people are always failing in trading and they are losing money, and they still don’t want to take their time out to learn, majority don’t have that kind of patience. But for those who really do, it always pays off at the end.

Profit is the aim, but traders have to understand that without knowledge you’re not going anywhere at all, you’re just going to keep losing money, and what’s the need, when you’re not even making profit from it at all? So, the first thing we have to do is to chill and leave profit and talk about knowledge, when you have gotten that knowledge, you can then start your trading and focus on using the knowledge you have got to make profit.

[tygeade]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

It's going to be a bad experience because it was your first time to lose but when you know that it was your first time and you don't have knowledge yet, why would you put too much money? It was also your fault on why you feel really bad.

If you keep on losing you will soon realize that there must be something wrong with the way you trade. You're not stupid enough to continue your old strategy because that can only lead to more losses but you will rework it and you will find yourself researching on how to improve yourself in trading. The chance to earn a profit should now be possible but I won't say it's now easier. Nothing is easy on here.

[judaspriest]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Actually, knowledge should be the first thing one should obtain before focusing on how much profit or gain one should expect. Many beginners, on the other hand, skip information and jump right into trading, all in the name of trying their luck, but when it doesn't work, they panic, and that's when they realize it's better to gain extensive knowledge before starting to trade and earn for profit.

I believe the reason why some are skipping the hard work is because they thought that getting into this crypto market, is like always the get-rich-quick concept that they have been reading. They don't know that some of them are just because of luck but mostly, because of the hard work of the trader. But later on, they will realize that there's more than meets the eye here. They will learn their own lessons in time.

Some of them may misinterpret it so they think that in crypto it can make instant profit,
basically all of that requires a process and I think that's what everyone should be aware of before entering the crypto world,
Becoming a professional trader of course at first has to work hard and spend a lot of time learning

[Fredomago]

When I started crypto trading I was not after the profit first, afterall I started with maximum of $100 the amount of money I can afford to lose, though I had streak of loses however I was just learning and testing my strategy as well as controlling my emotions while live trading, having the mindset of learning, practicing and experimenting first which will definitely span a long period of time, though I haven't accomplish my aim yet, however I had gained a lot of charting time, learnt candlestick patterns and I was able to devise my own personal strategy based on TA and Price Action plus two indicators EMA and RSI.

You did the right thing, experienced will give you broader ideas on how to work with the industry like this, it's not an easy buy low and sell high strategy but to understand how the flow is being influenced, what are the grounds and what's the nearest pattern to form your strategy, it's gives you more knowledge on how to anticipate and how to both lessen your risk and strengthen your opportunities.

More on emotional control and continue to follow your plan strategy more instead of allowing your emotions to lure you with every decision to make.

[Fatunad]

When I started crypto trading I was not after the profit first, afterall I started with maximum of $100 the amount of money I can afford to lose, though I had streak of loses however I was just learning and testing my strategy as well as controlling my emotions while live trading, having the mindset of learning, practicing and experimenting first which will definitely span a long period of time, though I haven't accomplish my aim yet, however I had gained a lot of charting time, learnt candlestick patterns and I was able to devise my own personal strategy based on TA and Price Action plus two indicators EMA and RSI.

You did the right thing, experienced will give you broader ideas on how to work with the industry like this, it's not an easy buy low and sell high strategy but to understand how the flow is being influenced, what are the grounds and what's the nearest pattern to form your strategy, it's gives you more knowledge on how to anticipate and how to both lessen your risk and strengthen your opportunities.

More on emotional control and continue to follow your plan strategy more instead of allowing your emotions to lure you with every decision to make.

Lots of trial and error for short on which you would need to pass up lots of things before you could discover out something for yourself on how to survive into this market.It is really just impossible
that you wont be minding about on not to make profits because this is the primary thing that we do come on here which is to make money but its true that initial mindset or thinking must
really be talking about learning up with the basics until you do upgrade and gradually learn up along the way, losing is there which is normal but its not enough for you  stop when you do experience
consecutive loss.

[michellee]

When you want to make a profit, you have to have the skills and know how to get the moment to help you make money. Learning about trading is something you have to do to know the right moment to enter the market and choose the right coin to trade. But sadly, few people take the time to trade while others rely on signals from other people to buy and sell their coins.

If you are a beginner, never rush to decide, especially if you want to buy or sell based on signals from other people because it will not always work for you. Try to keep learning from various sources, find the right trading method for you, and find your own trading style. If you can do it, you can make a profit. Profit will come to you soon.

[jostorres]

There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Learning should be given highest priority and no doubt about that but at the same time this does not mean that we need to change our ultimate goal in the end. Ultimate goal of trading is making money but for that we need to get ready which is possible only through learning and not just by dreaming about making money in crypto trading.

Newbies do dream and fail to get ready by learning all the basic requirements of trading. No one could learn all the required things before getting into trading but everyone should learn all the basics of trading so that they will not lost all their capital but will find right opportunities to make profits.

[macson]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

those who enter into trading with the aim of money will surely only lose money, equip yourself first with skills, experience and also a strong mentality so that every decision can be made correctly.  even those who have been trading for a long time are required to continue to learn, learn and learn from mistakes or the latest knowledge.

[Hobo66]

education about trading will make you successful if you are desiring to have profit in trading then you should not concentrate on your gaining or failure but remember that because of these mistakes you will realize that how to do trading and how to get profit so if  at the first time you make wrong decision then surely you will not repeat those mistakes again. So in this case you will become a successful trader very soon.

[romeitaly]

recently audience who is just see that there's a possible earning in the cryptocurrency trading thinks its just the market prediction itself and nothing to learn too much they are wrong its the battle between the knowledge and understanding to make a trade it consist a lot of ideas how to be executed properly so such like the indicators and signals not just a basic hoax and guts it will going to ether to pump or dump. Invest in knowledge first before lossing all your money because of your mistakes.

[SaveOurSea]

Learning is indeed a top priority before trading. Profits will follow if trading knowledge is mastered. It takes practice and practice to hone trading skills, because if it's just a theory it won't be optimal. Some beginners just want to make a profit without wanting to learn first. if all knowledge of trading is mastered, making a profit on each trade will be easier and can determine what to do in the market.

The mindset that only thinks about profit without learning, I think needs to be eliminated,
after all, everything needs a good process in trading or whatever,
Trading is also not that easy because it is not only knowledge and skills that we need to master but in terms of making decisions or analyzing it is also important

[macson]

snip

snip

I think this is not only in trading but in different aspects of new ventures. Learning should always be established first and with varied experiences, it will help to develop your skill and enhanced it. However, learning in trading should always take place consistently. You will never make good profits from trading if you are not updated with the market trend and events as trading is more affected with the market trends and sentiments. And to add that, good attitude towards trading and positive mindset should always be given high importance.

"it's like a knife, if it's always sharpened, the sharpness will be perfect".  i still remember very well when i first started my business, if i didn't learn from my mistakes and back off then today i probably wouldn't see my business running on autopilot.  trading is not a one-night science, it takes perseverance to be profitable.

[molsewid]

Learning is indeed a top priority before trading. Profits will follow if trading knowledge is mastered. It takes practice and practice to hone trading skills, because if it's just a theory it won't be optimal. Some beginners just want to make a profit without wanting to learn first. if all knowledge of trading is mastered, making a profit on each trade will be easier and can determine what to do in the market.

Yes I will definitely agree with this, I mean, of course, everyone is aiming for a profit and it is not easy to move on if you lose a huge amount in the trading right but for me, if we will going to priority profit first instead of learning first then I guess why joining or why tried to trade when you're not knowledgable enough on what you're going to do. I mean, educate yourself first before jumping off on the certain thing that you don't know exactly what to do. We also have this saying experienced is the best teacher yes that's true but in my case, I can't afford to lose a lot of money so I would not dare to try this one in terms of trading, so I will make sure I know exactly what I'm doing.

[wxa7115]

Yhup i agree on your thread title because without knowledge you cannot make profits in trading and you will end up losses instead..

Knowledge= success

so we need to make it as a priority to become successful in trading, just don't rush the situation and be aggressive always to learn more stuff about trading because there's no a short cut to become profitable trader.  
All of us need to follow the same path to have a better future in trading so be patient.

It is incredible that despite there being a lot of studies that show that there is a direct correlation with how much you know and how much you earn that people still ignore this fact.

We even live in an era called information age, and with this in mind then learning should be very high on the list of our priorities regardless of the occupation we may have, but when it comes to trading information is even more critical, as the difference between a successful trader and the one that losses most of the time it has to do with the knowledge they have and their ability to put it into practice.

[henmark]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Even losses happening while crypto trading for the hundredth time, it will be frustrating for sure. Money is always money and there cannot be any exception on emotion bonding while losing it. This is the reason many people are still believing that profit is most important thing in trading; this way they are forgetting about the basics of making profits which must be the learning part.

Everyone should be aware of the fact that learning and practicing in live environment is more important for making profit in trading. When we are spending lots of time on this learning part then we can easily make profits. Traders who rush into live trading without giving enough time and efforts for learning part will find many frustrating losses in the end and then may go back to learning or simply quit. So, success on trading and how effectively pursuing that is purely depends on our learning part.

[Vaculin]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Even losses happening while crypto trading for the hundredth time, it will be frustrating for sure. Money is always money and there cannot be any exception on emotion bonding while losing it. This is the reason many people are still believing that profit is most important thing in trading; this way they are forgetting about the basics of making profits which must be the learning part.

Everyone should be aware of the fact that learning and practicing in live environment is more important for making profit in trading. When we are spending lots of time on this learning part then we can easily make profits. Traders who rush into live trading without giving enough time and efforts for learning part will find many frustrating losses in the end and then may go back to learning or simply quit. So, success on trading and how effectively pursuing that is purely depends on our learning part.

Learning should always be the foundation of all. That is why learning should take place at the start of every chosen undertakings. But most of the time, it is wrongly perceived. Instead, profits has now become the foundation that motivates the traders to go on trading. They chose to create shortcuts so they can get immediate profits but at the end of the day, they always end up making losses. And that is always expected because as a trader, you need to set in your priorities first, to learn and be fully equipped with knowledge and skills that are needed in trading. Profits will certainly follow after that.

[CapGelatik]

Yes I will definitely agree with this, I mean, of course, everyone is aiming for a profit and it is not easy to move on if you lose a huge amount in the trading right but for me, if we will going to priority profit first instead of learning first then I guess why joining or why tried to trade when you're not knowledgable enough on what you're going to do. I mean, educate yourself first before jumping off on the certain thing that you don't know exactly what to do. We also have this saying experienced is the best teacher yes that's true but in my case, I can't afford to lose a lot of money so I would not dare to try this one in terms of trading, so I will make sure I know exactly what I'm doing.

A good mindset if you know exactly what you can do and don't want to take risks with so called trading. you are really ready in terms of finance, mental and also knowledge. Don't invest the money you need, but use the money you don't need in the future for trading capital.

Before deciding to trade of course we have to think about the right capital which is cold money,
because in trading the risk of losing money is very large so by using cold money at least we are not too sorry if you lose money,
most importantly we must also be smart in managing finances

[blockman]

Before deciding to trade of course we have to think about the right capital which is cold money,
because in trading the risk of losing money is very large so by using cold money at least we are not too sorry if you lose money,

Cold money or not, it's better to trade with the amount you can afford to lose.

most importantly we must also be smart in managing finances

That's easy to say but not everyone would have that mind of being smart in finances. But I think it's already attached if you're a trader, you should also be good in finances as you trade.

[Questat]

Before deciding to trade of course we have to think about the right capital which is cold money,
because in trading the risk of losing money is very large so by using cold money at least we are not too sorry if you lose money,

Cold money or not, it's better to trade with the amount you can afford to lose.

most importantly we must also be smart in managing finances

That's easy to say but not everyone would have that mind of being smart in finances. But I think it's already attached if you're a trader, you should also be good in finances as you trade.

It was hard because we are not focusing on that, we often ignore it while giving more focus on how to make a profit. Very unlikely, but these pro-traders had made changed their mind due to their experience. It was supposed to be our doing but sometimes we have been brag by our emotions and leads to the other direction instead of following the plan.
This is the result if we don't have a concrete plan and enough knowledge about investment, and about trading as we are very close to losing than to make a profit.

[safari88]

Learning is undeniably a top priority when trading, because how can a trader supposed to do good and gain profit if one does not have knowledge and does educated moves and decisions. However, learning and earning must be sought equally. Yes, there will be times that a trader will have both, or may learn valuable lessons but won’t earn profit, but should not strive to just plainly earn without learning.

[Kasabus]

Before deciding to trade of course we have to think about the right capital which is cold money,
because in trading the risk of losing money is very large so by using cold money at least we are not too sorry if you lose money,

Cold money or not, it's better to trade with the amount you can afford to lose.

most importantly we must also be smart in managing finances

That's easy to say but not everyone would have that mind of being smart in finances. But I think it's already attached if you're a trader, you should also be good in finances as you trade.

It was hard because we are not focusing on that, we often ignore it while giving more focus on how to make a profit. Very unlikely, but these pro-traders had made changed their mind due to their experience. It was supposed to be our doing but sometimes we have been brag by our emotions and leads to the other direction instead of following the plan.
This is the result if we don't have a concrete plan and enough knowledge about investment, and about trading as we are very close to losing than to make a profit.

If we don't follow the patterns to achieve good trading, most likely we end up making losses. This is why learning in trading should never be the last option but it should always comes first. Apparently, early traders have been learning so hard in trading that it even take years for them to learn and master trading, and so they comes out more successful. But with new traders nowadays, they are always driven by their emotions and go into trading directly thinking to maximize profits. But as expected, they end up failing because they don't even have the basic knowledge in learning how to trade and developing the skills and strategies first.

[beerlover]

Before deciding to trade of course we have to think about the right capital which is cold money,
because in trading the risk of losing money is very large so by using cold money at least we are not too sorry if you lose money,
most importantly we must also be smart in managing finances

That is the start of every trading. If you are trading with the money you do not care about losing, you would become a better trader, most people are not doing that and they are losing a lot of money. If you end up using money that you may need, then you are going to end up cashing out at a loss whenever you need the money.

However, if you do not need the money then you are not going to end up with a loss, you are going to end up with a drop at some point but since you do not care about it, you would be able to wait it out and eventually end up at positive again and sell it and make a profit, that has been the case for most professional traders profits.

[Flexystar]

Definitely. There you are, on the verge of successful journey of crypto currency trading. If you got the point of learning before trading then that’s perfect thing to do. Well basically it’s the first step when we are going for something new whether it’s driving a car or putting Call/put options in the trading window everything needs proper skill set to execute it successfully.

I have seen many people on the forum itself who will just put up their stories on how they lost the money in trading in thousands of dollars just because they had no skills and exclusive knowledge to trade. So this is the scenario, adopt first the required skills and then jump into trading.

[blockman]

That's easy to say but not everyone would have that mind of being smart in finances. But I think it's already attached if you're a trader, you should also be good in finances as you trade.

It was hard because we are not focusing on that, we often ignore it while giving more focus on how to make a profit. Very unlikely, but these pro-traders had made changed their mind due to their experience. It was supposed to be our doing but sometimes we have been brag by our emotions and leads to the other direction instead of following the plan.
This is the result if we don't have a concrete plan and enough knowledge about investment, and about trading as we are very close to losing than to make a profit.

It can be managed and fixed. When you trade, you win and you're getting all the profits you've made. There's just a need for you to amend that mistake you've made.
And that's through managing your finances and handling better the money that you're holding. This is going to make you a better trader upon learning from the mistakes that you've made when it's about how you handle money.

[Lanatsa]

That's easy to say but not everyone would have that mind of being smart in finances. But I think it's already attached if you're a trader, you should also be good in finances as you trade.

It was hard because we are not focusing on that, we often ignore it while giving more focus on how to make a profit. Very unlikely, but these pro-traders had made changed their mind due to their experience. It was supposed to be our doing but sometimes we have been brag by our emotions and leads to the other direction instead of following the plan.
This is the result if we don't have a concrete plan and enough knowledge about investment, and about trading as we are very close to losing than to make a profit.

It can be managed and fixed. When you trade, you win and you're getting all the profits you've made. There's just a need for you to amend that mistake you've made.
And that's through managing your finances and handling better the money that you're holding. This is going to make you a better trader upon learning from the mistakes that you've made when it's about how you handle money.

Risk management in short because it is inclusive in all sorts of control when it comes through finances,emotion on particular condition or scenario which you would definitely able to experience it
and its true that your main priority should be on learning or taking a good grasps on everything and next would be getting profits without even you noticing.Stick with the basic principles and
dont be greedy and you would definitely able to sustain out this market even though it wouldnt be that simple but wont really be that impossible.

[sayaya17]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

I am one of those people who are very obsessed with profit when I first trade, every time I experience a loss I don't learn from the mistakes I made.
But continue to try to cover the losses that I experienced, I ended up experiencing a huge loss at that time. Over time I began to understand how
to trade properly. As you said, we should not focus too much on pursuing profit when trading. However, try to focus first on increasing our knowledge
and ability to analyze the market. If we have good knowledge about the crypto world and also good analytical skills to read price movements in
the market, then the profit will be obtained automatically. So my advice is that before starting trading, we should learn everything about crypto,
so that we understand how crypto works.

[Viscore]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Absolutely, having the right knowledge and strategy is what make us become more profitable. And its always the first thing you should do when making and investment or trading. Educate yourself and do some research first. You cant even make money by just jumping on to the market without proper knowledge. It's called gambling and not trading. You're just depending on your luck. Whether you gonna win or end up lossing your capital. And it is just like you're going on war without enough weapon. Skills and knowledge create consistent ptofitability with a high success rate and small minimum losses. Thats why it is important to have these before going in a trade.

[lienfaye]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Knowledge is really important. As much as you want to earn fast, you cant do it without basic knowledge on how to trade. Newbies who are eager to earn and not thinking of the consequences are likely bound to lose for not being careful.

But every losses experience is also a good thing because we'll learn something from it. Then we can realize what we did wrong, how to improve it and think of an effective strategy that we can use if we trade again.

[lixer]

Knowledge is really important. As much as you want to earn fast, you cant do it without basic knowledge on how to trade. Newbies who are eager to earn and not thinking of the consequences are likely bound to lose for not being careful.

But every losses experience is also a good thing because we'll learn something from it. Then we can realize what we did wrong, how to improve it and think of an effective strategy that we can use if we trade again.

When traders are chasing profits by leaving off knowledge then definitely they will bite the dust over the time. Traders who understand about the importance of knowledge on making profit in trading will definitely will prioritize learning. I believe many traders will start realising about the importance of acquiring good knowledge about trading only after encountering continuous losses.

If you want to avoid the frustrations of losing continuously in trading then you should go for gaining knowledge before start chasing profit.

[Japinat]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Knowledge is really important. As much as you want to earn fast, you cant do it without basic knowledge on how to trade. Newbies who are eager to earn and not thinking of the consequences are likely bound to lose for not being careful.

But every losses experience is also a good thing because we'll learn something from it. Then we can realize what we did wrong, how to improve it and think of an effective strategy that we can use if we trade again.

Losses in trading always bring good lessons to learn, and from learning we tend to grow more in trading. But trading with frequent losses is another story. There's something wrong that you have to figure out and correct it, otherwise you will become doomed losing in trading.

But new traders in the market are not eager enough to learn, instead they are more interested to look for quick profits as what they believed that trading could be a quick rich scheme. If that will be the new traders' mindset, i'm sure most of the traders can never sustain the crypto market and end up quitting rather than learning more in trading.

[LeviOrwell]

I am very important, but I always feel that it is a bit hypocritical to say that learning is a bit hypocritical, but it is true that there are still some things to say about making money. Some people have learned similar losses, but it is still difficult to learn how to make money.

[YOSHIE]

I agree with the title of the OP, where someone with the skills and knowledge of crypto trading that they have automatically profits will overtake that user.

I realize that in crypto trading, learning and knowledge is very important, that's why I see many people complaining in this forum that they experience losses, none other than that they do not have expertise in the world of trading.

I think learning about crypto trading is important, someone who has knowledge can lead them to success.

[blockman]

It can be managed and fixed. When you trade, you win and you're getting all the profits you've made. There's just a need for you to amend that mistake you've made.
And that's through managing your finances and handling better the money that you're holding. This is going to make you a better trader upon learning from the mistakes that you've made when it's about how you handle money.

Risk management in short because it is inclusive in all sorts of control when it comes through finances,emotion on particular condition or scenario which you would definitely able to experience it
and its true that your main priority should be on learning or taking a good grasps on everything and next would be getting profits without even you noticing.Stick with the basic principles and
dont be greedy and you would definitely able to sustain out this market even though it wouldnt be that simple but wont really be that impossible.

Someone who's been on a wild ride with the market would be feeling that it's no longer all about greed but it's going to be the learning and lesson that one can take.
The principle of earning as much as you can is the main goal upon trading and that's all you wanna get when the market is no longer that good at the moment.

[Lanatsa]

It can be managed and fixed. When you trade, you win and you're getting all the profits you've made. There's just a need for you to amend that mistake you've made.
And that's through managing your finances and handling better the money that you're holding. This is going to make you a better trader upon learning from the mistakes that you've made when it's about how you handle money.

Risk management in short because it is inclusive in all sorts of control when it comes through finances,emotion on particular condition or scenario which you would definitely able to experience it
and its true that your main priority should be on learning or taking a good grasps on everything and next would be getting profits without even you noticing.Stick with the basic principles and
dont be greedy and you would definitely able to sustain out this market even though it wouldnt be that simple but wont really be that impossible.

Someone who's been on a wild ride with the market would be feeling that it's no longer all about greed but it's going to be the learning and lesson that one can take.
The principle of earning as much as you can is the main goal upon trading and that's all you wanna get when the market is no longer that good at the moment.

Doesnt matter on what would be the market condition because every actions made would really be situational which means it would vary on the time that you are executing your actions which would really be in random

manner and not all people would be having the same thinking on what are the things that they should do.Priorities would be on making profits no matter what but you wouldnt able to attain
that if you arent that good on handling out situations and of course setting up goals would be there and possible targets on which you do made out decisions.

[LastKiss]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

For new people yes I agree with that but for people who are already experienced in trading they will aim to get profit as much as they can, It will be wrong if people who just trade want to earn a double capital return in a day because they see a lot of ads that many people say trading will make you in profit 100% but in reality is not that easy.

[blatchcorn]

True, trading is not just about making profit but it is also how you handle your losses. You cant assure that trading makes you profitable especially if you do not have much knowledge, experience and skills. It is not get rich quick scheme like what others think. It requires a lot of hardwork and patience.

If you want to be a successful and profitable trader, it is important to educate yourself first. Have some knowledge, skills and experience. Do not become an actual trader. This way you can protect your capital, and when you become confident as a trader, you can earn more profit in the market.

Before you start your crypto trading journey educate yourself about the facts like "It is estimated that 95% of traders lose money — and yes, Bitcoin is certainly not immune to the same market forces and human emotion. Source".

Every trader starts its journey with loss and that's not a loss if you learn something and get some future experience. That's how successful traders are made. You can also increase your trading skills by doing stuff like paper trading.

My few satoshis are not come to crypto trading if you want to become rich overnight, as there is no shortcut to success.   

[GiftedMAN]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

Most people will disagree with this statement because we believe that the sole aim of any businessman or woman is to maximize profit. I agree with you that we shouldn't place our total focus on making a profit instead we should acquire more training and gather more information and knowledge I believe we can make more profit if the necessary techniques, knowledge is put in place.

[judaspriest]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

For new people yes I agree with that but for people who are already experienced in trading they will aim to get profit as much as they can, It will be wrong if people who just trade want to earn a double capital return in a day because they see a lot of ads that many people say trading will make you in profit 100% but in reality is not that easy.

It's too reckless if a newbie doesn't prepare all the things to start trading,
Moreover, the risk of losing money is very large because basically trading is not just about buying and selling coins,
for newbies, don't expect to make a quick profit, better use the time to learn

[AicecreaME]

Actually they are both top priorities. Your goal is to make profit that's why you risk your money with your knowledge about trading. Losing can't be avoided, because losing means you'll gain experience or be frustrated on it, it's your choice. Losing a trade doesn't mean you'll go back to square one, losing means you'll start a new one with some additional knowledge you just got by losing, and that's increase your chances on your goal which is to make profits.

[Zackgeno96]

Actually they are both top priorities. Your goal is to make profit that's why you risk your money with your knowledge about trading. Losing can't be avoided, because losing means you'll gain experience or be frustrated on it, it's your choice. Losing a trade doesn't mean you'll go back to square one, losing means you'll start a new one with some additional knowledge you just got by losing, and that's increase your chances on your goal which is to make profits.

Indeed, profit and learning must be both top priorities of a trader. It always depends on how traders take each winning or losing moments, but if one will go through the deepest essence of each moments then it can be understood that experiences through triumphs and tough positions will surely give learnings. And that valuable lessons or monetary gains are both profit on their very essence.

[Ziskinberg]

Actually they are both top priorities. Your goal is to make profit that's why you risk your money with your knowledge about trading. Losing can't be avoided, because losing means you'll gain experience or be frustrated on it, it's your choice. Losing a trade doesn't mean you'll go back to square one, losing means you'll start a new one with some additional knowledge you just got by losing, and that's increase your chances on your goal which is to make profits.

Indeed, profit and learning must be both top priorities of a trader. It always depends on how traders take each winning or losing moments, but if one will go through the deepest essence of each moments then it can be understood that experiences through triumphs and tough positions will surely give learnings. And that valuable lessons or monetary gains are both profit on their very essence.

It can be both of them are our priorities but we can't have them both together in a single set. There is one top priority that we need to address first and that is learning.
It was going to believe that having knowledge about trading will lead to somewhat called success and more profit. We can't dare hide this and the truth is that those people who are rushing to the market just fail. I guess we don't like it, not for sure and that is one reason why we should do searches, watch tutorials, and even have a mentor.

[sarmrakib]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

This is the reason why new trade loose on trading on his early trading trading history .when we enter on the market it looks like easy and we feel that we can really earn from here but if we enter then we start to loose from this point .It only happen for lake of knowledge on trading .We have to learn first if we really wanna get profit here .We all know that trading is tough way of earning if we don't have enough know;edge we may loose on every trade .So that we need to learn each and every things of trading and start trading with low amount after getting a good experience ,you will have that confidence that you can really exit with profit .I that's the only way we can improve our level .So we need to learn on ever steps and every fall and gradually we will be a good trader for sure .

[savetheFORUM]

It can be both of them are our priorities but we can't have them both together in a single set. There is one top priority that we need to address first and that is learning.
It was going to believe that having knowledge about trading will lead to somewhat called success and more profit. We can't dare hide this and the truth is that those people who are rushing to the market just fail. I guess we don't like it, not for sure and that is one reason why we should do searches, watch tutorials, and even have a mentor.

Having a mentor? That's rarely being suggested to learn trading and it requires money too. You're going to pay someone's time and knowledge to teach you how to trade but you can always recover that money as long as the mentor you chose is good enough and as long you carefully pay attention to what he was teaching about.

When we are done in the first phase which is acquiring knowledge, we can then proceed to the next which was applying what we learn to be able to earn a profit. It is now possible to have both of them ( knowledge and profit ). There is no need to rush because cryptos are not going to go anywhere. they can always wait if you are ready.

[lixer]

It's too reckless if a newbie doesn't prepare all the things to start trading,
Moreover, the risk of losing money is very large because basically trading is not just about buying and selling coins,
for newbies, don't expect to make a quick profit, better use the time to learn

It is quite risky, but it also depends on the term "newbie" we are using as well. If we are using it to describe a newbie just to crypto, then we may never know, it could work out. How? Well that person could be trading in stock market for the past 20+ years, and come to crypto as a newbie and still could make money. I rather take that person over a person who has been trading in crypto for 3 years.

However, if the newbie in question has never done anything regarding finance, no trading, no stocks, no forex, no crypto basically nothing ever similar to this then I do agree that it would be risky to just jump into these things, takes a bit of time to get better.

[Mauser]

I understand how bad if we lose money on our first trade but I think we have to understand as well that not all went too easily. There is something we need to change and instead of focusing on how to earn money, it supposes we have to focus on how to enhance our knowledge and skills first. For the moment that we have all of these things, it can be easy for us to make a profit in the market...it guarantees nothing but nobody was able to succeed in the absence of these things.

I agree with you, losing money in a trade as a beginner is not the end of the world. We shouldn't worry so much about making a big profit from every trade we do, it is all about learning and finding a profitable trading strategy. The thing with losing money is that we should try and find out what went wrong, did we make a mistake or was it a general market movement that we missed? Only with a loss there is a real incentive to investigate how we can avoid making the same mistakes again in the future. When making a profit in trading we don't normally question if we were wrong or right, making money is an indication that we were "right". It can of course be that we were just lucky.

[Finestream]

It's too reckless if a newbie doesn't prepare all the things to start trading,
Moreover, the risk of losing money is very large because basically trading is not just about buying and selling coins,
for newbies, don't expect to make a quick profit, better use the time to learn

It is quite risky, but it also depends on the term "newbie" we are using as well. If we are using it to describe a newbie just to crypto, then we may never know, it could work out. How? Well that person could be trading in stock market for the past 20+ years, and come to crypto as a newbie and still could make money. I rather take that person over a person who has been trading in crypto for 3 years.

However, if the newbie in question has never done anything regarding finance, no trading, no stocks, no forex, no crypto basically nothing ever similar to this then I do agree that it would be risky to just jump into these things, takes a bit of time to get better.

We can never really tell unless he starts to trade in crypto and the outcome of it would definitely tell if he's good enough or not. But even if he's a newbie to crypto trading or not, its learning should always be prioritize. Traders are here for profits but they can never achieve that if they lack the knowledge and skills. So there should be time for learning first above all. And once its already build up in a trader, profitable trades will certainly come along.

[Zackgeno96]

-snip-

-snip-

It can be both of them are our priorities but we can't have them both together in a single set. There is one top priority that we need to address first and that is learning.
It was going to believe that having knowledge about trading will lead to somewhat called success and more profit. We can't dare hide this and the truth is that those people who are rushing to the market just fail. I guess we don't like it, not for sure and that is one reason why we should do searches, watch tutorials, and even have a mentor.

While it is true that traders cannot just simply have them both, learning is first but profit must also be a top priority. The goal of gaining profit is the mere reason why traders chose to trade, and if it is not fulfilled then, learning with more losing is somehow contrary to its essence because a trader that learns must know to find the ways to gain profit, right? So, I think these two must be balanced out to be top priorities.

[blockman]

Someone who's been on a wild ride with the market would be feeling that it's no longer all about greed but it's going to be the learning and lesson that one can take.
The principle of earning as much as you can is the main goal upon trading and that's all you wanna get when the market is no longer that good at the moment.

Doesnt matter on what would be the market condition because every actions made would really be situational which means it would vary on the time that you are executing your actions which would really be in random

manner and not all people would be having the same thinking on what are the things that they should do.Priorities would be on making profits no matter what but you wouldnt able to attain
that if you arent that good on handling out situations and of course setting up goals would be there and possible targets on which you do made out decisions.

Well, it has been the priority for all traders. All wants to have profit and that's the reason why many are trading. But it's not easy as what we're talking about it.
The situation varies per trader and it's causing the decision to change and even if you're at profit already, there could be a handful changes because of the circumstances that you might deal on that very situation.

[TelolettOm]

Leaning and knowledge are the basic things when trading, we should not compare this to other things.
And the profit is the target that we need to reach in order to know how far we have been good in learning, in managing the strategy, in controlling ourselves to take a risk and also to take profits. In m opinion, profit is also important to be countered, but of course, learning and knowledge is the first thing, not only in trading but in everything that we want to do.
The problem is when newbies at first trading and they expect very high profits, like the professional traders, whereas those newbies know nothing about trading, more to gambling than trading. This is the problem

[fuguebtc]

Profit is a measure of the level of each trader, no one will be able to trade profitably without knowledge. Newbies often just want to make money through advertising, they hardly care about knowledge and when they lose, they begin to realize that knowledge is the foundation, the only way they can make a profit.
Knowledge is really important, it is our path to success.

[Dave1]

I agree with the title of the OP, where someone with the skills and knowledge of crypto trading that they have automatically profits will overtake that user.

I realize that in crypto trading, learning and knowledge is very important, that's why I see many people complaining in this forum that they experience losses, none other than that they do not have expertise in the world of trading.

I think learning about crypto trading is important, someone who has knowledge can lead them to success.

Right, sometimes we missed that part because we always look to make money very fast and big amounts. But later we realized that we can't do it if we lack the knowledge and experience being a crypto trader. Majority quit early if they've seen loses after losses. But for those, it just hardened themselves to continue their trading journey and be successful because they now equip themselves with a good knowledge and learn from the mistakes of the past.

[Benefactor]

I think it is a generally expected sense that you ought to learn and acquiring information through real exchanges yet the vast majority of the new dealers are too eager to even consider procuring benefit and wound up losing. The point of learning is for one to recognize the most ideal exchanging methodology they can work with which continues to create a bigger number of gains than misfortunes over an exchanging period.

[wxa7115]

Yhup i agree on your thread title because without knowledge you cannot make profits in trading and you will end up losses instead..

Knowledge= success

so we need to make it as a priority to become successful in trading, just don't rush the situation and be aggressive always to learn more stuff about trading because there's no a short cut to become profitable trader.  
All of us need to follow the same path to have a better future in trading so be patient.

It is incredible that despite there being a lot of studies that show that there is a direct correlation with how much you know and how much you earn that people still ignore this fact.

We even live in an era called information age, and with this in mind then learning should be very high on the list of our priorities regardless of the occupation we may have, but when it comes to trading information is even more critical, as the difference between a successful trader and the one that losses most of the time it has to do with the knowledge they have and their ability to put it into practice.

But the majority has simply just ignored it, they want instant and they care less about learning how to trade. It was too sad and very unfortunate which in fact there is a lot of information found on the internet but somehow they never spent time doing research and that is why they are losing. Honestly, having this kind of mindset has nowhere to go unless they will change it and realize how important it was.

A trader will never succeed if they have lack of knowledge and experience. We don't have to ignore this as it was already been proven.

And that is what it is even more exasperating, I could understand this behavior if there was no information to be had or if it was incredibly difficult to get it. However if you want to learn how to trade there are websites completely dedicated to teach you the basics, there are websites from which you can download the movements of the assets you are interested for free and finally there are free alternatives to excel which you can use to backtest your strategy.

More than ever someone can become a very good trader today without spending a single cent, as long as they are willing to learn, and yet people do not do this.

[Johnyz]

I think it is a generally expected sense that you ought to learn and acquiring information through real exchanges yet the vast majority of the new dealers are too eager to even consider procuring benefit and wound up losing. The point of learning is for one to recognize the most ideal exchanging methodology they can work with which continues to create a bigger number of gains than misfortunes over an exchanging period.

This is expected but still many are not paying attention, they just thought about making profit without knowing the procedure and the process on how they can become more effective. Learning is important same thing on making money, but you have to understand that its too impossible to make profit without the knowledge, so start from the very basic and learn the process, there should be no shortcut to become more profitable aside from learning.

[Mahanton]

I think it is a generally expected sense that you ought to learn and acquiring information through real exchanges yet the vast majority of the new dealers are too eager to even consider procuring benefit and wound up losing. The point of learning is for one to recognize the most ideal exchanging methodology they can work with which continues to create a bigger number of gains than misfortunes over an exchanging period.

This is expected but still many are not paying attention, they just thought about making profit without knowing the procedure and the process on how they can become more effective. Learning is important same thing on making money, but you have to understand that its too impossible to make profit without the knowledge, so start from the very basic and learn the process, there should be no shortcut to become more profitable aside from learning.

Whether they do like it or not they would really still be going into that path on where they would really be realizing that they should need to learn out from those mistakes because if they dont then they would definitely be experiencing lots of problems ahead because trading isnt a race on which you do need to rush up on things but rather be thinking about sustainability and this would really be the key.Use up your own common sense
on how you would handle out the situation and not really just going or dealing with things just because you are eager on making profits and this is where mistakes do really came from.
Be sensible onto your actions and be mindful and learn up on every single thing along  the way.

[freedomgo]

I think it is a generally expected sense that you ought to learn and acquiring information through real exchanges yet the vast majority of the new dealers are too eager to even consider procuring benefit and wound up losing. The point of learning is for one to recognize the most ideal exchanging methodology they can work with which continues to create a bigger number of gains than misfortunes over an exchanging period.

This is expected but still many are not paying attention, they just thought about making profit without knowing the procedure and the process on how they can become more effective. Learning is important same thing on making money, but you have to understand that its too impossible to make profit without the knowledge, so start from the very basic and learn the process, there should be no shortcut to become more profitable aside from learning.

Whether they do like it or not they would really still be going into that path on where they would really be realizing that they should need to learn out from those mistakes because if they dont then they would definitely be experiencing lots of problems ahead because trading isnt a race on which you do need to rush up on things but rather be thinking about sustainability and this would really be the key.Use up your own common sense
on how you would handle out the situation and not really just going or dealing with things just because you are eager on making profits and this is where mistakes do really came from.
Be sensible onto your actions and be mindful and learn up on every single thing along  the way.

Trading brings a lot of risk so if you can't manage the risk because you are not that knowledgeable and well skilled in trading, then you will never make profits in it. In all that we do, learning should always be happening first because that will help us to be more capable and be sustainable in everything we do.  Sad to say, new traders are not eager to learn but they are more eager on making profits. Hopefully, they will realize that if they skip learning, they will be attracting losses and not really profits.

[Quidat]

I think it is a generally expected sense that you ought to learn and acquiring information through real exchanges yet the vast majority of the new dealers are too eager to even consider procuring benefit and wound up losing. The point of learning is for one to recognize the most ideal exchanging methodology they can work with which continues to create a bigger number of gains than misfortunes over an exchanging period.

This is expected but still many are not paying attention, they just thought about making profit without knowing the procedure and the process on how they can become more effective. Learning is important same thing on making money, but you have to understand that its too impossible to make profit without the knowledge, so start from the very basic and learn the process, there should be no shortcut to become more profitable aside from learning.

Whether they do like it or not they would really still be going into that path on where they would really be realizing that they should need to learn out from those mistakes because if they dont then they would definitely be experiencing lots of problems ahead because trading isnt a race on which you do need to rush up on things but rather be thinking about sustainability and this would really be the key.Use up your own common sense
on how you would handle out the situation and not really just going or dealing with things just because you are eager on making profits and this is where mistakes do really came from.
Be sensible onto your actions and be mindful and learn up on every single thing along  the way.

Trading brings a lot of risk so if you can't manage the risk because you are not that knowledgeable and well skilled in trading, then you will never make profits in it. In all that we do, learning should always be happening first because that will help us to be more capable and be sustainable in everything we do.  Sad to say, new traders are not eager to learn but they are more eager on making profits. Hopefully, they will realize that if they skip learning, they will be attracting losses and not really profits.

Mistakes are stepping stones for you to become a better trader and everything would really come in time and would not really be in a hurry and just like on others been saying that
dont rush up because you would really be on that time on which you are gaining that knowledge without knowing or being aware.Deal with it and then learn in all aspects
because this would really help you out to sustain this market in the end.Just dont rush up and do those basic things according to your own goals and targets.

[Ryker1]

Well, you can do it yourself also to manage and have them both, profit while learning experience.
Because when you are in trading it is expected that you are already knowledgeable enough in trading, don't tell me you are on a battlefield that does not have battle gear and guns. Of course --top of the priority is profit for me, no one wants to waste their money and there are too many ways to learn in trading without wasting your money, go for trading offline and practice until you will know.

[ice18]

This is how newbie lost money on crypto they are too hurry to earn huge amount of money without knowing big risk on crypto trading, they only realized to learn first trading and gain knowledge once they lost huge amount of money which is really unfortunately especially if your newbie and your funds are limited.   

[Taskford]

This is how newbie lost money on crypto they are too hurry to earn huge amount of money without knowing big risk on crypto trading, they only realized to learn first trading and gain knowledge once they lost huge amount of money which is really unfortunately especially if your newbie and your funds are limited.   

Their expectations eating them much that's why they will be slap by reality that its hard to gain on trading if you don't learn it first. Also its good if they learn and continue if they lose their money because its worse decision if they quite and became a cry baby if they feel they are losing to much on what supposed to be they think they can earn profit with.

And for newbies who have limited funds then I guess the best option before taking the risk is to learn more the technicals and trade once you understand the certain market scenarios that we can encounter.

[sana54210]

I think it is a generally expected sense that you ought to learn and acquiring information through real exchanges yet the vast majority of the new dealers are too eager to even consider procuring benefit and wound up losing. The point of learning is for one to recognize the most ideal exchanging methodology they can work with which continues to create a bigger number of gains than misfortunes over an exchanging period.

The newbies usually see people like you and me end up making profit and they consider the fact that they could make the same type of profit as well. The reality is that we may have worked a lot and learned and studied but they think that people are making insane returns so why shouldn't we.

Another reason is that they do not see regular returns like I do, I am not doing bad but nothing unbelievable neither. However, they end up seeing people who turned 8k into shiba becoming 1+ billion dollars type of things and they start dreaming about making big money. Don't get me wrong, I do dream about that type of thing even after so many years but that doesn't mean that I am not being careful while trading neither.

[tbterryboy]

Are we really separating them from each other though? I mean you are learning because you want to profit, which means that your priority is profiting and not learning. The meaning of the word priority means you do something, and it doesn't have the your priority, you could do something to get something else. When you are playing football, the priority is to win, it is not to play.

The same thing here, you do learn, but that is not priority, you learn because you want to profit. Sure there must be some people who learn for just learnings sake and that is understandable but that doesn't mean that it is the case for everyone and you have to get better at it for sure.

[rojan]

Actually they are both top priorities. Your goal is to make profit that's why you risk your money with your knowledge about trading. Losing can't be avoided, because losing means you'll gain experience or be frustrated on it, it's your choice. Losing a trade doesn't mean you'll go back to square one, losing means you'll start a new one with some additional knowledge you just got by losing, and that's increase your chances on your goal which is to make profits.

Indeed, profit and learning must be both top priorities of a trader. It always depends on how traders take each winning or losing moments, but if one will go through the deepest essence of each moments then it can be understood that experiences through triumphs and tough positions will surely give learnings. And that valuable lessons or monetary gains are both profit on their very essence.

It can be both of them are our priorities but we can't have them both together in a single set. There is one top priority that we need to address first and that is learning.
It was going to believe that having knowledge about trading will lead to somewhat called success and more profit. We can't dare hide this and the truth is that those people who are rushing to the market just fail. I guess we don't like it, not for sure and that is one reason why we should do searches, watch tutorials, and even have a mentor.

What is noticeable here is the mutual benefit and both must be a trader's top priority. It always depends on how the traders take their every win or every moment of their hand.  Will teach and those assessment lessons or rights gains will both be seen and benefited in them

[Hamphser]

This is how newbie lost money on crypto they are too hurry to earn huge amount of money without knowing big risk on crypto trading, they only realized to learn first trading and gain knowledge once they lost huge amount of money which is really unfortunately especially if your newbie and your funds are limited.   

Their expectations eating them much that's why they will be slap by reality that its hard to gain on trading if you don't learn it first. Also its good if they learn and continue if they lose their money because its worse decision if they quite and became a cry baby if they feel they are losing to much on what supposed to be they think they can earn profit with.

And for newbies who have limited funds then I guess the best option before taking the risk is to learn more the technicals and trade once you understand the certain market scenarios that we can encounter.

Once the reality would slap out into their faces then this is the time that they would do the things correctly or in right but on before then they would really be having those kind of expectations and mindset which

it isnt right but sooner or later they would really able to experience the reality of this market which it is something not would be that easy.Learning is the key but of course it would be acquired through real experience

and once you do able to have some good grasps on it then this is where you do able to handle out yourself and survive this fierce market.

[Fredomago]

I think it is a generally expected sense that you ought to learn and acquiring information through real exchanges yet the vast majority of the new dealers are too eager to even consider procuring benefit and wound up losing. The point of learning is for one to recognize the most ideal exchanging methodology they can work with which continues to create a bigger number of gains than misfortunes over an exchanging period.

The newbies usually see people like you and me end up making profit and they consider the fact that they could make the same type of profit as well. The reality is that we may have worked a lot and learned and studied but they think that people are making insane returns so why shouldn't we.

Another reason is that they do not see regular returns like I do, I am not doing bad but nothing unbelievable neither. However, they end up seeing people who turned 8k into shiba becoming 1+ billion dollars type of things and they start dreaming about making big money. Don't get me wrong, I do dream about that type of thing even after so many years but that doesn't mean that I am not being careful while trading neither.

That's something to remember. If you see the way newbie thinks about this industry, you are mostly leading your investment to lose. It's not easy to be successful from here. You need to invest with time to enhance your knowledge and to build a strong personality to conquer your fear each time the market seems not favoring your position.

There are many factors to understand and it's true to think about learning the process first and the rest will be given to you once you fully understand the sway inside the market.

[Renampun]

This is how newbie lost money on crypto they are too hurry to earn huge amount of money without knowing big risk on crypto trading, they only realized to learn first trading and gain knowledge once they lost huge amount of money which is really unfortunately especially if your newbie and your funds are limited.   

too late to realize something will have a bad impact...

learning it is very important, especially in trading related to money. Those who don't want to learn and think that trading skills can be mastered at any time will end up with big regrets for losing money. before starting anything, especially trading, make it a habit to find out in advance what the risks will be and always discuss with the trading community because you and they have the same interests.

[wiss19]

It’s good to learn Crypto currency trading, and if after learning it you feel that it is something that is not meant for you, then you can just start from there to quit. I always try to be clear with anyone I meet, I always tell them that cryptocurrency is a risky business to engage in, and if you feel that you cannot do it, then it’s best to just look for something else or another way to invest in Bitcoin, you can even just be investing and holding for long term.

If you try to force yourself into trading, and it is not working, if you keep forcing it, it’s just going to be losses upon losses, at the end of the day you will just be frustrated.