Can newbie become rich with trading

[rhomelmabini]

Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.

Trading doesn't include luck, that's just a more rare scenario that may come up when it wouldn't be visible on the chart. Investment and trading are completely different stuff I guess, they can have different meanings and may vary from person to person. For trading it needs focus and patience, for investment patience is totally just the key if you knew and really into it.

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[Pandu Geddon]

Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.

Trading doesn't include luck, that's just a more rare scenario that may come up when it wouldn't be visible on the chart. Investment and trading are completely different stuff I guess, they can have different meanings and may vary from person to person. For trading it needs focus and patience, for investment patience is totally just the key if you knew and really into it.

I think trading will rely more on our skills and knowledge. it will be more difficult for beginners to learn it. if it's just selling and buying maybe anyone can do it. but to profit from the trading of course requires experience and skill.
beginners who want to learn and focus on trading I think can master it. several communities teach how to analyze the market and how to choose assets for day trading.

[Questat]

Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.

We can't just rely upon luck when trading. If this was just the way we work on our trades, we're not going to get surprised when we lose.
We all have the chance to get rich in trading but it takes time. That is was very unfortunate that these newbies have a slim chance to become rich until they become mature enough and not rely on luck but on their strategies and skills. And we have to understand that trading is not the way to become rich, this might be a reason why we lose a lot. We could have the chance to become rich but never it guarantee everything.

[Altryist]

Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.

You do not need to rely on the fact that the coin you bought will grow by thousands of percent. Even if this happens by some miracle, then without knowledge and experience, all profits will be lost in the subsequent trade. Trading is a very complex business that needs a lot of study and hard work, a lot of theory, a lot of practice, and even this does not guarantee you a profit in trading.

[rhomelmabini]

Unless if you are lucky that you trade that coin and the next day it moons 10,000% or something like that, maybe that would work. However, the chances are very, very, very slim because we cannot predict the chart's movement whether if it's under a minute, several minutes, a day, week, etc. However, there is a good chance that you can get rich in the future if one or more of the coins or tokens you've invested early have pumped up very high.

Trading doesn't include luck, that's just a more rare scenario that may come up when it wouldn't be visible on the chart. Investment and trading are completely different stuff I guess, they can have different meanings and may vary from person to person. For trading it needs focus and patience, for investment patience is totally just the key if you knew and really into it.

I think trading will rely more on our skills and knowledge. it will be more difficult for beginners to learn it. if it's just selling and buying maybe anyone can do it. but to profit from the trading of course requires experience and skill.
beginners who want to learn and focus on trading I think can master it. several communities teach how to analyze the market and how to choose assets for day trading.

Yes, it is. Everything that you wanted to learn if you're new to it will always be difficult, what matters is your persistence to learn and develop new skills or knowledge. I'll tell you, even newbies can profit, but depending on every situation, it wouldn't last unless he just follows his impulses. It requires a certain amount of good behavior to profit and to get more profit in the long term.

[Bushdark]

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 newbies can become rich by trading but this can not be done alone, the help of a mentor is needed for a new to trade and become rich. This sounds impossible to me but I think their is a possibility here if the newbie has a person like mentor that is putting him through the necessary that is needed to be done. Trading can be tricky but with the right mindset and help from a superior trader, things can go as smooth as possible.

For a newbie to trade successfully, using robot to trade can also bring good fortune to a trader whether they are newbies or professionals in the market. There are good coins you can use to trade with the help of a robot that can bring good profit even though the market is not fluctuating in the manner it supposed to.

[taufik123]

You do not need to rely on the fact that the coin you bought will grow by thousands of percent. Even if this happens by some miracle, then without knowledge and experience, all profits will be lost in the subsequent trade. Trading is a very complex business that needs a lot of study and hard work, a lot of theory, a lot of practice, and even this does not guarantee you a profit in trading.

Coins with thousands of percent growth will certainly make anyone, including beginners, become rich in an instant if they have it. but if without any knowledge maybe beginners will sell it and will not enter again into trading.
It all depends on how to take advantage of profits well and do capital management so that unwanted things don't happen, such as the balance turning back to zero.

No one can guarantee that in the world of trading, there will always be gains and losses, the most important thing is to understand technical knowledge and fundamental analysis, that's the basic thing to know.
I grew from my ignorance of crypto and trading and continued to learn how to profit from each trade. Getting rich by trading is possible and vice versa.

[Sebas.tian]

everyone here could be rich people from trading, its provide alot opportunity to earn money on short time, but the most important thing is about risk. when they decided to trade , did they ready about risk that may also could make them suffer loss too? alot people only talking about profits, but never care about loss possibility.

Many people missed their opportunity to earn well from their investment because they focused more on profit than risk. Take your time to study and understand the risk you are about to take in the community, if it will bring a good income at the end of the investment or losses at the end of the investment. Those professional traders in the market, took their time to study the market price very well before taking the risk to trade their altcoins in the market to make a passive profits. Be more concern about risk than the profit, if you want to go far in profit making in the community which will really help you to grow higher in the community.

[DanWalker]

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.

As a newbie, do not rush to find profits instead look for knowledge and accumulate experience. Most of the newcomers just want to make a profit without having to learn anything. Professional traders, they also start like you are a newbie, over time learn and hone their knowledge even  they have to spend a lot of money in the market to get the success they are today. sSo don't expect profit but focus on knowledge first.

[Lexurdania]

It's not exactly rich, but it's quite possible to make money. For example, I started using the demo account of the Amarkets broker for work, and as a result, I was able to achieve quite good results.

Trading in real account and demo account will have different result , maybe in demo account we have no pressure in every transaction and mentalilty will kept well. but when using real account , the first thing in our mind was how if we suffered loss did we accept this. due this feeling our analisys full of doubt and finally not precision again.

[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.

I mean it's not for trading. Everything new in this world is really hard to understand if you are not trying to put an effort to understand/learn about those stuff. Same with trading, if you put your effort and spare your time to actually learn to trade then it's not really difficult to trade, your only obstacle is just yourself for limiting yourself from doing something.

[RILWAN]

It's not exactly rich, but it's quite possible to make money. For example, I started using the demo account of the Amarkets broker for work, and as a result, I was able to achieve quite good results.

Demo accounts is a good way to start trading with as one will have good experience before depositing and using real money for trading as newbies traders need a lot of experience to avoid loses.

[stepwilli]

For a beginner, it may be difficult to immediately become rich from trading results, unless luck is on his side. but I have a suggestion to invest most of the capital owned. and the rest is used to learn trading. that way the risk becomes small and we can learn to trade for the long term. to learn trading takes a long time, because we have to learn from every problem and solve it, or if we want to be smart we learn from other people's experiences, it will be even faster if we have friends who have been in the trading world for a long time

I get that a newbie would be having hard time, but sometimes that depends on the period they started as well. I know plenty of veterans who lost a ton of money because it was a horrible bear period, and I know plenty of newbies who made a lot of profit because they started just on the bull period. The difference is that newbies lose even more during bear, and earn a lot less during bull periods.

There are situations where one newbie decides to get in, it is a hype period, like when we moved from 10k to 60k, and they make a ton of money from both bitcoin and some small cap gems, and turn their money into like 10x during that period. Then, the prices start to go down because we go into a bear period and since they have no idea how they should react, they end up losing even more.

[Fatunad]

For a beginner, it may be difficult to immediately become rich from trading results, unless luck is on his side. but I have a suggestion to invest most of the capital owned. and the rest is used to learn trading. that way the risk becomes small and we can learn to trade for the long term. to learn trading takes a long time, because we have to learn from every problem and solve it, or if we want to be smart we learn from other people's experiences, it will be even faster if we have friends who have been in the trading world for a long time

I get that a newbie would be having hard time, but sometimes that depends on the period they started as well. I know plenty of veterans who lost a ton of money because it was a horrible bear period, and I know plenty of newbies who made a lot of profit because they started just on the bull period. The difference is that newbies lose even more during bear, and earn a lot less during bull periods.

There are situations where one newbie decides to get in, it is a hype period, like when we moved from 10k to 60k, and they make a ton of money from both bitcoin and some small cap gems, and turn their money into like 10x during that period. Then, the prices start to go down because we go into a bear period and since they have no idea how they should react, they end up losing even more.

Even if you are a newbie then you could still able to engage into the market because come to think that pro's do start on being a newbie.It all matters on how he would handle up himself
into this very unpredictable market.As a starter then you should not mind up about being getting rich because that kind of particular state isnt something that could be achieved.
Come to consider that you would need to do well on this market and does need bigger funds or capital for you to do so.You cant just be that coming rich via $10 investment.

[Bhig Daddy]

Bro, there are no shortcuts in crypto, this is something you have to give your time, give it a lot of patience, read a lot of articles and also watch a lot of videos on YouTube, because one bad investment could throw u back to where you started from. So trust the process and stay patient and the riches will follow.

[pawanjain]

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.

Common sense - Every professional trader was once a newbie in trading.
So it automatically answers your question that yes a newbie can make enough money in trading provided he is doing the right things.
It takes time and patience to make money and you must put in a lot of efforts to learn how to trade.
Utilise your time properly and learn a lot about trading and practice it a lot.
Only practice will groom your skills and eliminate your mistakes in the long run.

[strunberg]

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.

Common sense - Every professional trader was once a newbie in trading.
So it automatically answers your question that yes a newbie can make enough money in trading provided he is doing the right things.
It takes time and patience to make money and you must put in a lot of efforts to learn how to trade.
Utilise your time properly and learn a lot about trading and practice it a lot.
Only practice will groom your skills and eliminate your mistakes in the long run.

from newbie we move to advanced traders and it take long time to pass but everyone could pass this stage as long as we use our time and resources well. for first year maybe we just spend our time to learn and observe about market movement with demo account or use real account with small balance.when it get good result , moving step head with bigger account and regularly open trades that using our own trading system and dont influenced with other opinion.

[tygeade]

Everything that you wanted to learn if you're new to it will always be difficult, what matters is your persistence to learn and develop new skills or knowledge. I'll tell you, even newbies can profit, but depending on every situation, it wouldn't last unless he just follows his impulses. It requires a certain amount of good behavior to profit and to get more profit in the long term.

That persistence could be a difficult thing if you focus it on the wrong thing. For example I love writing, it is the most wonderful way of expressing myself and it is basically like a hobby. I work as a content writer AND still write for a few games I play (role playing games where it is required for you to write), so you know I would be persistent at getting better at it.

However, back in 2016-2017 period I studied coding so that I would make a lot of money, that is what I assumed coding will be all about, making a ton of money. In the end, I quit after like a few months because it wasn't for me, so I wasn't persistent at it. So, pick the thing you would love, not the thing that would bore you to death.

[MFahad]

Newbie is no matter if you learned well before trading. Many newbie fail to become rich because they have not proper learned how to trade and trade according to market condition. Newbie become rich but I will take time to achieve goal. If any newbie work hard and trade wisely than I believe that in year one can easily become a rich man.

[MiF]

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 it needs a meracle for a newbie to become rich, if the expert did not become rich on trading then it is hard to believe that newbie that still in a learning stage can become rich for a short period of time? I think newbie still needs to learn or study more and become an expert first before become rich on trading, because trading is not just a game of capital it is also a game that needs attention and full understanding because in trading there is only two way to choose the way to earn and way to loss.