Can newbie become rich with trading

[sulendra12]

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.

Trading is not a race but a marathon. You can search on google how to choose good coins because the article and news about cryptocurrency is already well-spread around the platform so you can ask and search any particular questions you are curious about. But again, the thing I recommend is don't be afraid to lose in the beginning, you have to make sacrifice to start so you can start with small amount first and then learn it from there.

[justdimin]

It's a matter of a lot of learning and also luck. It's a matter of understanding TA and also the psychology behind it and behind every rumor and news coming out.
I don't think that one mastering all this can still be called newbie. Not any longer, by far.

So for OP question the answer is "no".
A newbie will most probably treat crypto trading like gambling where he has a bigger chance to win if he pays a bit of attention to charts. And, if he's careful at the fees and he has entered in a good moment, he will earn some... until the trend changes unexpectedly and loses more than he has earned. Then he will either leave disappointed, either get on to actually learn (and get back to trading when he's no longer newbie), or... start holding...

The learning part is not that difficult to understand, it is something that is very important and everyone should be learning how to trade and what to be careful about while trading, if you do not do that then you will lose money and if you can't see that then you are going to be pretty upset about it but there is nobody else to blame but you.

However, we need to also make sure that we know what a newbie means, if you are a newbie, and start learning and get rich, then maybe by the time you are rich then you are not a newbie anymore?

I mean if this is my first day in crypto, and in a year I turned my 100 bucks to 1 million dollars, that makes me a veteran already right? Why would we call someone a newbie when they achieved that? So, a "newbie" can't get rich, but anyone who gets rich is not a newbie.

[Rigon]

Trading is a complete gaming system. If you have good luck then you can do something good from trading platform. There are many people who lose a lot by trading and then become destitute.Again, there are many people who can make a good profit from trading platforms.I would say trading depends entirely on luck.

[barbara44]

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.

Why not? Crypto currency trading is meant for everyone as long as you understand the skills involved. There are even some of us that have been around here for a long time and we still don’t have a clue of how trading works.

So, if you can understand it and you can be good at it then you should go for it. All you need is a good amount of training and you’d be able to start making money through trading. And before you start you should as well make sure that you have enough capital to engage in this business, because the risk involved is too much. It’s just something that you would get better with time as you continue to have experience in the market.

[Alisha FR]

no one gets rich in a short time, unless there is a miracle by finding treasures left behind in the past. crypto can not make everyone rich quickly, especially for beginners who are new to crypto, they have to study hard to understand the market and their analysis really has to be precise. and spend more time understanding the market.

[endut15]

Crypto doesn't make people rich in no time. Everyone who is successful in crypto has gone through many hardships, from finding capital to trading and studying hard to understand the market. successful traders of course also have experience about the state of the market, their instincts are close to the market. for beginners study harder, and practice trading skills in order to make a profit. no shortcuts here.

[BuNga_cute]

Crypto doesn't make people rich in no time. Everyone who is successful in crypto has gone through many hardships, from finding capital to trading and studying hard to understand the market. successful traders of course also have experience about the state of the market, their instincts are close to the market. for beginners study harder, and practice trading skills in order to make a profit. no shortcuts here.

It is true that getting rich can be obtained through crypto trading, but that does not mean it can be achieved easily. As you said we need to
work hard and also have to understand how to read the market. And all of that was achieved through a fairly long process, so that we can really
understand how the crypto world works. So we can understand effective strategies to be able to generate sustainable profits. It seems that it is
impossible for a newbie who does not have the knowledge and experience to get rich through crypto trading. Because crypto trading cannot make
someone rich instantly, so only people who have studied the crypto world properly and have trading experience will make it possible to get rich
through trading crypto. Therefore if we follow a trading group and the owner of the group promises us we are rich by joining a paid member,
it's all a scam. So my advice is that instead of joining a trading group, it's better to spend money on trading courses.

[tvplus006]

...can a newbie make profit trading coins and what manual can be followed.

It's possible that some newcomer successfully bought a coin when it was worth a cent, and then sold it for thousands of dollars, but I can't believe it. After all, to do this, you need to have the knowledge that will allow you to invest correctly. And if you have such knowledge, then you are no longer a beginner. So you can get a profit only after you get the knowledge.

[Renampun]

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.

Trading is never easy as long as you think it's easy (newbies usually think trading is easy)...

even a professional trader still has a high level of loss, if a newbie doesn't want to learn slowly from the bottom/basics, enjoy every moment when trading, learn continuously and mentally toughen up to deal with any market price movements then it's impossible for them to become a pro in trading.

[feelideb]

The discipline requires for success iin any field is also requires for success in trading. Trading is summary of your skill, experience, patience, growth and capacity! To answer your question straight, it is possible for newbie to make success of himself in trading. It will however take time to attain success!

[MinMan]

Obviously because they are new to it, that is why they think it's hard but to be honest trading is really hard even for someone that are not new on this scene but it is possible to become good at it if you will keep on learning and keep on practicing. We have good traders that can be say successful already because of what they have earned and the things that they bought during their stay in trading. If they can do it then why cant we?

There is nothing special about them but they are also humans like us. For now it's impossible for you to get rich in trading because you are still a newbie but soon you will as long you follow my advice above.

[Romeotom]

I actually make small investments and this method can provide me with a small profit. But yes i am participating in a lot of bounty to get back the money i lost while trading. But you can start trading with some ideas and you should start with small capital. I think in this section you should search for a lot of ideas to find out exactly what you need right now.

[ningrum]

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.

Trading is never easy as long as you think it's easy (newbies usually think trading is easy)...

even a professional trader still has a high level of loss, if a newbie doesn't want to learn slowly from the bottom/basics, enjoy every moment when trading, learn continuously and mentally toughen up to deal with any market price movements then it's impossible for them to become a pro in trading.

In trading I don't think we can really avoid losses because after all it is part of trading,
basically in trading requires knowledge and skills and it has an important role,
to be a pro it takes a process so keep learning and improving your knowledge and skills

[darewaller]

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.

That "not instantly" means that he could get out of the newbie zone, that's what we are trying to say here. I mean can they do it? Of course, they can, a newbie who starts today could end up becoming rich "eventually", but by the time they are rich, they will not be a newbie anymore.

This is why there is no way of saying that a newbie can be rich but also, we can say that all the people who got rich were newbies at one point. So, in the end we could say that newbies can be rich eventually, all newbies do not become rich, but all rich people were newbies so if you are a newbie and want to trade then go ahead and learn how to get rich and become a veteran eventually and maybe be richer as well.

[Silberman]

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

Basically this, a newbie has almost no chance at making money in the markets, however that does not mean there are no chances at all for a newbie as we were all newbies at some point and then we stopped being one as we learned more about the markets, so newbies have hope but they need to be willing to put into the effort and learn all what they can before they begin to trade, and if they do then the chances they will become profitable will increase dramatically.

[RILWAN]

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

Basically this, a newbie has almost no chance at making money in the markets, however that does not mean there are no chances at all for a newbie as we were all newbies at some point and then we stopped being one as we learned more about the markets, so newbies have hope but they need to be willing to put into the effort and learn all what they can before they begin to trade, and if they do then the chances they will become profitable will increase dramatically.

Who says a newbie have zero chances of making good profits from trading cryptocurrency the fact that trading is associated with high risk of loses we should also not under estimate a newbie luck.

[Issa56]

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

Basically this, a newbie has almost no chance at making money in the markets, however that does not mean there are no chances at all for a newbie as we were all newbies at some point and then we stopped being one as we learned more about the markets, so newbies have hope but they need to be willing to put into the effort and learn all what they can before they begin to trade, and if they do then the chances they will become profitable will increase dramatically.

Who says a newbie have zero chances of making good profits from trading cryptocurrency the fact that trading is associated with high risk of loses we should also not under estimate a newbie luck.

Every professional trader started has a newbie so definitely newbies can really make money in trading but they just have to understand what trading is all about, they should learn the basics of trading and I believe they will definitely make money.
The newbies that I know can not make money are the once that don't know anything about cryptocurrency, but they hear their friends or relatives talking about it and they think they can start trading and they will be making money.

[ololajulo]

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.

Crypto is almost the shortest legal cut to getting rich, unarguably so but can also wreck anyone if he invest in wrong projects or invest at the wrong time. Any time you buy bitcoin is good time but the better strategy is to pick at the bottom because if it  will somehow reach a new all time high in the space of 4 years.

[Anguwa]

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.

Nothing is impossible in life if you devote your time, energy, and thoughts to it. So being successful in trading does not require rank or level; you can be a newbie and be successful in trading while someone who is a legendary member may fail; all you need is a good basic foundation in trading, know and acquire a very good knowledge and understanding about cryptocurrency and trading in general, and I am confident that you will be able to make it in crypto trading.

[CaVO32]

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.

Crypto is almost the shortest legal cut to getting rich, unarguably so but can also wreck anyone if he invest in wrong projects or invest at the wrong time. Any time you buy bitcoin is good time but the better strategy is to pick at the bottom because if it  will somehow reach a new all time high in the space of 4 years.

But no one can tell you when will the bottom be. This is the common mistake of newbies in crypto market, they thought that getting large profits is easy peasy. But once they got in and got acquainted with the market, they realized that they still need hard work in order to get those profits. It may be one of the shortest route to get rich, but that is if you got lucky with your investments. It is true that you can get high profits at a short period of time, but it depends on your strategy and the coin you are involve with. But if you happen to invest in a pump and dump coin, you will be screwed if you haven't exited at the right time.