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Author Topic: Can newbie become rich with trading  (Read 1946 times)
cryptoaddictchie
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April 19, 2022, 04:29:14 AM
 #21

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
Yes its really hard especially when you are a newbie. There is always a path if you really wanted to succeed. Thus, this need perserverance and ability to cope with idea and basics of trading. If you also have some patience maybe you could end up winning on trading. Many techniques have been resurface and once you grasp it then its likely possible to get rich.
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April 19, 2022, 05:33:29 AM
 #22

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
Anyone can be a trader as long as he has a knowledge about it. But not everyone can succeed as a trader because its not easy as it seems. Even experienced traders are sometimes having a hard time to gain, so what more for a newbies?

If you're really determine to succeed as a trader then you need to educate yourself and gain experience. Becoming rich is possible but it will take time so dont rush things.

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Ararbermas
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April 19, 2022, 07:17:52 AM
 #23

its very impossible to happen, unless if that newbie rely with copy paste trading or provide a bots because surely he can make good profits after all.

Infact most stories of some popular traders around the internet , they took approximately 4-5 years before they became a successful. So its a world record tbh if however there's a newbie that will become rich because of trading, and it's literally a bypass except what I've mentioned above.. Lol
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April 19, 2022, 08:25:45 AM
 #24

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
Yes its really hard especially when you are a newbie. There is always a path if you really wanted to succeed. Thus, this need perserverance and ability to cope with idea and basics of trading. If you also have some patience maybe you could end up winning on trading. Many techniques have been resurface and once you grasp it then its likely possible to get rich.
A newbie trader or even a professional trader still needs effort and hard work to be successful,
we know that trading is very complex and need to learn many things to survive,
both knowledge, skill and patience are important things and are definitely needed in trading

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April 19, 2022, 08:30:08 AM
 #25

trading is a profession like any other.
you can do it as a hobby but obviously you can't expect extraordinary results.
you do not base your activities on luck you must have a certain knowledge and experience that a newbie certainly does not have "by nature". Ok the luck of the beginner, but from here to get rich I see it really hard ... maybe impossible Roll Eyes for the 99,99% of people that will try on it...
Trading is not an easy thing to do, and definitely its certainly not a get-rich-quick scheme. And everything in trading is taught and learned with a long process. So we can never expect a newbie to become rich in trading, even if he focus trading only with bitcoin. But i do believe that crypto trading will bring fortune but most likely to those who trade with knowledge and expertise, and definitely to those who take big risks that are also capable to manage the risk.

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April 19, 2022, 08:48:32 AM
Last edit: April 19, 2022, 09:10:11 AM by palle11
 #26

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.

No guarantee to that. Every trader makes losses and newbies will loss more because of lack of experience. My suggestion is to continue doing your research and practicing your technical ability to read and analyse the market. Use technical analysis
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April 19, 2022, 08:59:35 AM
 #27

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.

Honestly, No. Coming from your title itself "Newbie" which means new and new traders explore first and gaining experience and knowledge maybe there are some people who are new and invest to a coin that pumps and give them good amount of profit but that doesn't mean it is called trading and maybe he is just lucky.

Newbie can become good trader and the time varies when he will good at trading and once he is good with trading, he can definitely become rich by just trading alone.

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April 19, 2022, 09:21:08 AM
 #28

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.

It seems that the opportunity for a newbie to become rich by trading is very small, because trading is not something easy. Because the newbie
does not have enough knowledge about the crypto world, and also the newbie is not experienced in trading. Therefore, the possibility of
a newbie experiencing losses when trading is very large, that's why crypto trading has a very high risk. Even I, who have been trading crypto
for a long time, have not become rich from trading, need good skills in market analysis, and also need experience that allows us to understand
how to make big profits from trading and finally make us rich. I have a mentor who is experienced in the crypto world, he managed to get rich
from trading crypto, but to be able to achieve this there are many processes that must be passed. So getting rich from trading can't be instant,
we need to go through a long process. As long as we continue to study the crypto world well and improve our trading skills, it is possible to
become rich from trading.

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April 19, 2022, 09:26:24 AM
 #29

You can't just jump into trading as a newbie if you don't have any prior knowledge or experience with the notion of trading, such as marketing analysis. Because trading is a risky business, you could make money or lose it. When you're trading for the first time, good luck may come your way, and you'll have a better chance of succeeding.
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April 19, 2022, 10:45:13 AM
 #30

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.


Becoming rich as newbie could be base on luck not certainty, meaning as a new person coming to trading can be futunate enough to buying into project that can make you millions within a shot period of time you got into crypto.
Example could be seen on Shiba Inu, a lot of new people that dive into trading Shiba Inu got rich as at the time the coin saw its dramatic increase in price.
Then for manual thee is no such, DYOR.

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April 19, 2022, 10:51:54 AM
 #31

Newbies need to learn first then maybe can be rich with trading, newbie needs to learn about market support and resistance level and this can be learned from YouTube video guides available on Youtube and also available articles on websites, so first need to learn then can be rich if follow the trading techniques but without learning can be rich.

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April 19, 2022, 12:07:26 PM
 #32

It’s hard until you say so! I have seen my circle getting permanent in trading for their daily wages. Nothing is impossible, there are tuitions, online free classes, videos blogs for everything these days. If you really want hop in then you just need to be very consistent with learning’s.  Rest of the success will follow.

Everyone is newbie until you grab the knowledge about the topic.
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April 19, 2022, 12:08:58 PM
 #33

Be careful with those thoughts. There are no big results that are not accompanied by effort, experience and knowledge and the most important thing is "big capital funds". Besides that only luck and luck will not come continuously.

If you are a beginner and think that trading is profitable, do it right and don't assume that you will get rich in no time. In fact, there will be many failures that you will faces. But as long as you want to keep learning and trying, I'm sure one day you will become an expert.

If you are afraid, the only best way to make big profits is to become a BTC holder instead of trading without experience and knowledge.

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April 19, 2022, 12:16:18 PM
 #34

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.

All professional traders started as newbies, and they also have a hard time learning and understanding what trading is. It is just that they have more patience than you because you want to learn it right away. I am pretty sure if they share the thing that they are reading, you can't still understand it and you can't win any trade because trading has no shortcuts and you need to discover it for yourself. I know your frustration. I have felt it previously and asked for a strategy and what should I read to my friend who has been trading for 3 years. He gave me his strategy, but it isn't working for me, so I decided to learn on my own and made my own strategy with which I started winning trades.
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April 19, 2022, 01:34:54 PM
 #35

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
i can only tell you that trading is not orderly difficult if you know the basement or the rudiments, people who get it wrong through trading is people who venture into without knowing the foundation of trading, many newbies who falls of lost into trading is those who have not come across of any article or guide of trading before...so if you want to merit trading you have to be curious by reading trading article's online and also acquire some knowledge through YouTube videos

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April 19, 2022, 03:54:59 PM
 #36

Your topic title indicates you are looking short cut to become rich. That's the prevention of becoming rich from trading. Because a greedy attempt is enough to throw you to the road, to be honest. If you don't have enough patience then practice it. Don't try to become rich over the night. Trading isn't an investment scheme, here you may make a profit or would lose your capital as well. So the suggestion is to start trading with a small amount and practice, learn as much you can. Read articles and watch YouTube for learning purposes. Then day by day improves yourself.
Anyone who wants to starts trading must make sure that they have enough funds to engage in trading, because there is no way that you will be able to make money if you don’t have money and time to dedicate into it.

Day trading is something that you would have to dedicate your time, you have to always be in front of your screen majority of the times and watching the market and doing analysis to know where it’s heading to, and knowing when you have to buy and sell. If the OP is seeing it as a short cut to become rich, it’s not something that’s going to work.
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April 19, 2022, 04:13:20 PM
 #37

Its not about becoming rich since the beginning.. you have to find your strategy first, even if there are multiple tips and tricks for this, you will eventually find what works for you. With time.
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April 19, 2022, 04:21:44 PM
 #38

Its not about becoming rich since the beginning.. you have to find your strategy first, even if there are multiple tips and tricks for this, you will eventually find what works for you. With time.
I believe we still have some traders who may have not started on a bad not in the sense that one don't have to lose while learning, you can still gain profits along your learning stage as a newbie.

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April 19, 2022, 05:45:26 PM
 #39

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
A newbie in trading can make profit if they follow the simple math - buy low and sell high. If they dont follow this, they will go into a frustrating cycle of wrong prices to trade at and unending cycles of pain.

Now I dont know why you even speak of "manuals" - the basics of trading can be easily found on many internet sites and there is no guidebook to profit, otherwise everyone would be using that to become rich and there would be no poverty in this world.

Instead, use this basic method to place mid-long term orders. That should be enough to get you started but it will require patience to reach those targets.

R


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Joshapat
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April 20, 2022, 04:49:19 AM
 #40

Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
.
Anyone has the opportunity to get rich from trading, and vice versa everyone has the opportunity to lose because of trading, in trading there is nothing that guarantees profit so everything relies heavily on luck, of course we also have to learn from many techniques but it never guarantees profit, the easy thing we did when we were newbies was trading on new listed coins.


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