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Author Topic: Can newbie become rich with trading  (Read 1947 times)
Jawhead999
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April 21, 2022, 08:33:09 AM
 #61

When you're still think trading is a game and moreover you're a newbie, I'm pretty sure you wouldn't become rich with trading. Trading is hard, you need have experience and have good enough analysis, which mostly doesn't have on a newbie. When a newbie want to start trading, it doesn't mean he will always loss because trading also need luck and you might lucky the market on your side. Keep in mind, I'm not a professional trader... but when the first time I've started trading, this is what I learnt so far.



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Webetcoins
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April 21, 2022, 11:14:05 AM
 #62

You can become rich through trading, just give it your all. But, it’s not easy, know if what you’re about getting into is something that works for you. I have friends that have tried to be traders and after they have given it a try and seen that it is not something that would work out for then they have decided that it is not meant for them since it is not working for them.

Some of them have also continued because they see the possibility. And the answer is a yes, people can make money by trading cryptocurrency but it may not become possible if you are not ready to continuously learn new things.

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April 21, 2022, 11:43:26 AM
 #63

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.

Actually no because as being a newbie you don't know what you are doing in the market and how could you became rich if you have zero knowledge upon dealing with volatility for sure the real scenario there is you get broke first or maybe many times before you will come up with that status because every defeat on trading you will learn something that you may apply on your trade so be consistent trader if you want to be rich on trading.

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April 21, 2022, 12:10:03 PM
 #64

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.
not for new people or for people who have often done it, still always pay attention to something with an analysis that can indeed be used as a reference in every trade that will be made.
to trade, one of them is to consider the factors that affect market trends. so when more people buy a certain product, the price usually goes up, when more people sell than buy, the price tends to go down, so we can immediately start doing what we think is best.

which is no less important, the mistake that most people make when trading crypto is to give up quickly when they feel a loss. This happens a lot among beginners and also does not rule out even the experienced ones. When they experience a loss, their emotional level will be greatly affected, so always putting things like this aside is a must.

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April 21, 2022, 12:18:35 PM
 #65

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.

Actually no because as being a newbie you don't know what you are doing in the market and how could you became rich if you have zero knowledge upon dealing with volatility for sure the real scenario there is you get broke first or maybe many times before you will come up with that status because every defeat on trading you will learn something that you may apply on your trade so be consistent trader if you want to be rich on trading.

However, as you can see, we begin as newbies and must learn and gain some knowledge in order to earn money. You can still be referred to as a newbie when you are first starting out in the market, but as you gain more experience, your level will rise. You can earn more money by increasing your level. When it comes to newbies with zero knowledge, you can make money, but when it comes to newbies with knowledge and who are ready to start their first trade, that is when you have the best chance of making money.
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April 21, 2022, 12:25:00 PM
 #66


However, as you can see, we begin as newbies and must learn and gain some knowledge in order to earn money. You can still be referred to as a newbie when you are first starting out in the market, but as you gain more experience, your level will rise. You can earn more money by increasing your level. When it comes to newbies with zero knowledge, you can make money, but when it comes to newbies with knowledge and who are ready to start their first trade, that is when you have the best chance of making money.
more precisely a newbie with preparation who can benefit from trading or investment. I think there is very little chance that a newbie with 0 knowledge and experience can get their first profit in trading.
Crypto trading requires sufficient skills and knowledge to be able to make a profit. newbies usually just come along to buy assets and hold them. wait for the pump moment and sell it. a simple technique that can be done, but for trading, of course, newbies have to increase their level first to be able to get a decent profit.



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April 21, 2022, 12:44:16 PM
 #67

Yes, definitely, but of course not instantly.

Trading is a high risk high reward kind of earning money. Your chances of getting rich in trading entirely depends on your level of knowledge and how patient are you to study a lot of things you should know in order to attain the level of professional traders to earn big money after years of trading. It's normal to lose your money, it's normal to be frustrated, but the most important is you don't have to give up easily if you really wanted trading to be your great source of income.
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April 21, 2022, 06:01:47 PM
 #68

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.

Not every beginner becomes a successful trader, despite the fact that everyone makes efforts to gain theoretical knowledge first, and then practical knowledge. But some newbie try to start trading without having basic knowledge, and in such cases it is like a casino that leads to the loss of money.

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April 21, 2022, 07:13:00 PM
 #69

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.
The average trader who has made a profit will find it very difficult to explain to novice traders how they think and trade because what they think is the result of their years of experience in trading. you must be able to find the best way for yourself so that you can always profit when trading.

R


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April 21, 2022, 10:05:31 PM
 #70

It is undeniable that what we expect from trading is profit but we cannot have high expectations to make big profits in a short time, especially for a beginner. all of that requires a process where skills and experience in trading greatly affect future trading. if you want to start trading, make sure that the capital we spend is in accordance with the budget and start seeing and understanding the crypto market. in the world of trading, there is a name for profit and also a failure that it can be found at any time and we as traders must be able to accept it. Make it a lesson in the future to be better at trading.
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April 21, 2022, 10:20:17 PM
 #71

Beginners can get rich with Bitcoin, the key is that they must be consistent with what they are doing. Don't get bored and give up with crypto. Because in many previous cases, beginners withdrew from cryptocurrency because they claimed they couldn't deal with a volatile market, they had to be patient. and mentally strong to face all the possibilities that could suddenly happen. Moreover, most of the geeks will usually experience failure at the beginning which we can call the initial warm-up to the real trade.

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April 21, 2022, 10:31:40 PM
 #72

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.
Pro-traders are certainly coming from newbies before they reach their position by now. I could say that everyone has the chance to become rich and to become a trader, it is just a matter of how we help ourselves to make things possible as this really needs the ff;
 * commitment
 * plan
 * self-confidence
 * patience

But if we are a lazy people and wanted instant, becoming rich in trading is way impossible and definitely, we end up failing.
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April 21, 2022, 10:44:09 PM
 #73

in my opinion, if a newbie gets big profit from trading and becomes rich, it may be because of luck. because someone is said as a newbie if he is new to something, lack of experience and have ni knowledge. So if he wins high profits from trading,he is luck.
in this case,why the concern should be rich?
rich is cimplex and definitely ir needs peocess. and a newbie should pass many process and experiences to reach ut. nothing permanenr will be instant

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April 22, 2022, 03:01:53 AM
 #74

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 think as a newbie there are many things to learn in trading. I also new in forum but i had an experience in trading with my friend. There i saw no theoretical method work physically but instant decision works in trading feel free always. So i think there is no alternative of practical experience in trading and gradually a newbie in trading will be more efficient.
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April 22, 2022, 05:43:25 AM
 #75

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 manual, no alternative way to learn to trade. A newbie must have to start from the very beginning and that is to learn the basics. This is not a hard thing to do unless you are in a hurry which is also one reason why many newbies fail.

Indeed, aiming to become rich is somewhat ambitious for a newbie, however, this is really impossible for their status. It has to accept that newbies can't be rich from trading because of a lack of experience and knowledge. But we don't take this as an excuse, we instead make this as a sort of motivation and enhance our capabilities for this is the only way it helps in order to become rich.
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April 22, 2022, 08:33:05 AM
 #76

The average trader who has made a profit will find it very difficult to explain to novice traders how they think and trade because what they think is the result of their years of experience in trading. you must be able to find the best way for yourself so that you can always profit when trading.
There's a wide explanation about that 'best way'.

It's going to be an addition of strategies, experience, and patience. But with newbies thinking of being rich in trading, it's totally okay but they shouldn't think of it to come asap.

That sequence of their life would come eventually and they have to go through too many losses and learn from those.

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April 22, 2022, 01:24:16 PM
 #77

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.
Pro-traders are certainly coming from newbies before they reach their position by now. I could say that everyone has the chance to become rich and to become a trader, it is just a matter of how we help ourselves to make things possible as this really needs the ff;
 * commitment
 * plan
 * self-confidence
 * patience

But if we are a lazy people and wanted instant, becoming rich in trading is way impossible and definitely, we end up failing.

I totally agree with this.

Newbie mindset would be always to get rich overnight in trading, which is impossible, that's why most of traders are 80% failed on making profits if I'm not mistaken (correct me if I'm wrong). It is very easy to enter a trade but hard to make a technical analysis that will help you with a higher chance of probability to make profits in the long run.

It won't be easy because you will lose a lot of money in order to gain the experience you need to be a professional trader. Patient is the key and consistency.
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April 22, 2022, 03:46:27 PM
 #78

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.
Every professional trader was once a newbie. There are tons of academies online and offline a new trader can enroll in to get the right knowledge about trading. The major concern is not where to get the knowledge but will there be patience to ensure the classes are well followed because one thing is to enroll and another is to complete it. So many traders are half baked and keeps complaining about losses even more than newbies
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April 22, 2022, 04:34:03 PM
 #79

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.

If you're looking for profit then anyone can make a profit although it's only by luck if a newbie becomes rich from trading then I doubt it can happen since becoming rich from trading have a long journey and you should know a lot of strategies, more capital, and more experience in this case you're not a newbie anymore if you're rich from trading.

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April 22, 2022, 04:42:38 PM
 #80

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.

If you're looking for profit then anyone can make a profit although it's only by luck if a newbie becomes rich from trading then I doubt it can happen since becoming rich from trading have a long journey and you should know a lot of strategies, more capital, and more experience in this case you're not a newbie anymore if you're rich from trading.
Yeah trading can be very fun when you are on the right track and you making steady profits and this reflect your General views on the subject matter.
And with my own experience I have come to the point that without good trading skills any one can lose in trading.

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