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Author Topic: What your opinion?  (Read 1484 times)
Hopila
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June 05, 2024, 04:36:26 PM
 #181

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

Investing or trading online can be a rewarding but risky endeavor. But regardless ..

As a beginner who actually wants to invest/trad for me has to consider all of this:
Educating Yourself: Before diving into online trading, take the time to educate yourself about the financial markets, trading strategies, risk management, and the specific assets you are interested in trading. Understanding the basics will help you make informed investment decisions.

Finally I think As a beginner it's advisable to start with a small amount of capital that you can afford to lose. This will help you gain experience without risking too much of your funds.Remember the risk involve
AnonBitCoiner
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June 05, 2024, 06:34:23 PM
 #182

Like I said; even if you know what’s coming and what next you should do, it can be very tiring for you to just continue and pretend that nothing happened. Trading isn’t for people who have weak minds. You need to be confident in all your moves and get ready to take the financial responsibility if it goes wrong. But it’s not as easy as a light bulb switch.

Trading is not only risky but it also makes you sick if you are not able to control your emotions and bear every situation whether it is good or bad. Those who have no command over their feelings and are taking their loss more serious instead of taking lessons from it will not feel better and will either leave trading or will destroy his health.

You should be mentally prepared in trading that anything can happen Sometimes you will win or sometimes you will not but remember that both win and loss are a part of life and you should not think too deeply that it puts adverse effects on your health. Also think about your financial situation if your loss exceeds then try to stop for learning and also don't move towards taking a loan.



 

 

 

 

 

 


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Hamza2424
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June 05, 2024, 08:58:46 PM
 #183

I agree with this. There are still many traders who still trust trading services/experts even though they are selling courses just to make a profit because basically there are no accurate predictions. Logically, if they were good at forecasting it would be impossible for them to sell courses because they would be busy trading and always make big profits.

Hmm yup, you've got it, how is it possible that a person is more focused on the marketing of his course rather than putting all these efforts into analysis to increase his/her profitability I've many public stunts to promote the premium courses, signal groups etc. All this is just a shity way to rob innocent new greedy traders haha.

Anyway, that was quite an old post I want to expect someone to quote after months, seems like these community members are getting smarter. Hehe buddy you are sharp.

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June 06, 2024, 04:45:48 AM
 #184

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
I think all investments are risky. but for beginners, I believe they should know what they want to invest in. Every beginner must learn first before making their first investment. There is a lot of information that can be obtained to increase your knowledge before investing.
and I think many beginners' mistakes in starting their investments are purchasing their investment assets based on advice from other people. So most beginners choose assets first and then learn how the investment should be managed. If that is the case, it will increase the risk of the investment made. It doesn't matter what asset you want to buy, but without knowledge, everything will not run smoothly.

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Natsuu
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June 06, 2024, 04:14:34 PM
 #185

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
I think all investments are risky. but for beginners, I believe they should know what they want to invest in. Every beginner must learn first before making their first investment. There is a lot of information that can be obtained to increase your knowledge before investing.

I would say that in any form of investing, until you are sure 100% of what you are doing only then you are allowed to use your hard earned money. If not leverage the use of paper money. Because you can learn the same thing using it. There's no risk for you because early on your real focus should be on learning, and in learning phase you are going to lose a lot. So it's either you control losses with real money or take risk with paper money until you are confident.

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June 08, 2024, 08:26:27 AM
 #186

Investing for the long term, they will also do trading in the end when the right time to sell comes. As some say, it is better to do it at the same time because there are many who do investing and trading at the same time. I actually do that too.

Investing is easy, but trading is really difficult because you really need to learn it. You can't be lazy about learning about trading; instead, you must have the dedication to do it. No matter what happens, you won't stop once you start. lesson.

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June 08, 2024, 10:34:57 AM
 #187

Investing for the long term, they will also do trading in the end when the right time to sell comes. As some say, it is better to do it at the same time because there are many who do investing and trading at the same time. I actually do that too.

Investing is easy, but trading is really difficult because you really need to learn it. You can't be lazy about learning about trading; instead, you must have the dedication to do it. No matter what happens, you won't stop once you start. lesson.

Investing is easy, what do you mean? Do you mean investing requires no knowledge and anyone can profit from investing? How can you deal with bitcoin's volatility, how can you not panic and cut your losses every time bitcoin dumps, if you have no knowledge? So whether it's a long-term investment or trading, you need to have complete knowledge, no one can make profit without knowledge.

Making money from the financial market has never been easy, and things will be even more difficult when we want to make money from a volatile and risky market like cryptocurrency. There is nothing easy about investing in bitcoin whether you are choosing a long-term or trading method of earning.

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June 08, 2024, 07:47:39 PM
 #188

Like I said; even if you know what’s coming and what next you should do, it can be very tiring for you to just continue and pretend that nothing happened. Trading isn’t for people who have weak minds. You need to be confident in all your moves and get ready to take the financial responsibility if it goes wrong. But it’s not as easy as a light bulb switch.

Trading is not only risky but it also makes you sick if you are not able to control your emotions and bear every situation whether it is good or bad. Those who have no command over their feelings and are taking their loss more serious instead of taking lessons from it will not feel better and will either leave trading or will destroy his health.

You should be mentally prepared in trading that anything can happen Sometimes you will win or sometimes you will not but remember that both win and loss are a part of life and you should not think too deeply that it puts adverse effects on your health. Also think about your financial situation if your loss exceeds then try to stop for learning and also don't move towards taking a loan.
The truth of the matter is that everything about trading is about understanding. When people understands trading properly it becomes simple for people to handle without much challenge.  One of the problems people do have in trading is that they tend to just understand few things about trading and neglect other things which can seriously affect their trading.  Everything about trading from strategies of trading , the mindset and characters in trading needs a better understanding. Some people have good knowledge about trading but they fail to understand that having a good mindset and character that is required from a trader is very important to be successful in trading. Having the wrong mindset in trading and inability of controlling emotion can make trading not to be productive. Trying to understand everything about trading will help to reduce the rate of loses.

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June 08, 2024, 11:01:22 PM
 #189

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
I don't think trading is your go to if you are looking for something to invest. Trading has a high risk of you losing your money if you have no experience or knowledge about trading in the first place. Especially if we are talking about crypto trading where the price sometimes unpredictable and you could lose portion of your money if you are not careful. Stocks and gold would be ideal for you for beginners.
Well, you do have a point, but what if that person really wants to start trading? I know trading is risky and can be dangerous to beginners, but if they do not start anything, they will not be able to learn it and actually earn from it. trading may be risky, but if done correctly with enough knowledge, skills, and experience, a trader will for sure earn a lot and can survive in trading. For the advice that OP is asking, like I said, invest first in honing the skills, gathering knowledge, and building up the experience. For me, these are the three main components a trader should work on, because if a trader will do this, then surely in time that trader could become successful in trading. Losing a trade is common, even for an expert in trading. The thing is, how will traders cope with those losses and how will they handle them?
Hence why I said if you have no knowledge on trading, if you want to learn and at least "safer" method then stocks would be ideal for them. But if you want to go ham with trading and can face the risk that would come then sure go ahead no one stops you. I just said that because many beginners are disappointed with how they begin to trade because lack of knowledge at first because they are new at this trading world.

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June 09, 2024, 07:09:13 AM
 #190

Investing for the long term, they will also do trading in the end when the right time to sell comes. As some say, it is better to do it at the same time because there are many who do investing and trading at the same time. I actually do that too.

Investing is easy, but trading is really difficult because you really need to learn it. You can't be lazy about learning about trading; instead, you must have the dedication to do it. No matter what happens, you won't stop once you start. lesson.
If you choose to do both things simultaneously, of course this will require more monitoring of market conditions and we can take advantage of a downturn to accumulate the assets we want and if we have made a profit then we can take advantage of what we have invested. To be able to trade well, of course we have to first study it well and after understanding what we have learned, we need to try to trade so we can find out how far we understand trading and I agree with you after we start studying. trading means we must not just give up on what we are facing and if there are some failures we must be able to correct them to be able to trade well.

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June 09, 2024, 11:54:23 AM
 #191

The truth of the matter is that everything about trading is about understanding. When people understands trading properly it becomes simple for people to handle without much challenge.  One of the problems people do have in trading is that they tend to just understand few things about trading and neglect other things which can seriously affect their trading.  Everything about trading from strategies of trading , the mindset and characters in trading needs a better understanding. Some people have good knowledge about trading but they fail to understand that having a good mindset and character that is required from a trader is very important to be successful in trading. Having the wrong mindset in trading and inability of controlling emotion can make trading not to be productive. Trying to understand everything about trading will help to reduce the rate of loses.

I think if you learn about trading then there will still be some challenges because market fluctuations are common and new things are developing in the crypto market so it is not easy to be profitable all the time and take profit from every trade you place.

Complete knowledge is necessary but one thing should be kept in mind that knowledge never gets completed and you will surely face new things and new challenges for which you will learn. Little or inaccurate knowledge is very dangerous and it can cause you to put in perilous situations where your success will be minimum but your loss will be more.



 

 

 

 

 

 


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June 09, 2024, 05:33:36 PM
 #192

A conscious man can increase his wealth only by investing. But the investment has to be in place.
If a complete newbie wants to take up online investing as a business, there are definitely some tips for him. As a beginner an investor needs to know some information.
He must first understand about online trading. Basic concepts of crypto market should have proper understanding of trading rules and investment term. Moreover, one should know about the websites like market trends, financial news and analysis.
 Must have thorough understanding of risk management. Start small so that small investments go a long way in reducing losses. Moreover, assets should be diversified so that they can repurchase when prices fall.
You have to control your emotions. Because the market can go up and down a lot and even down after you buy. If you can't control your emotions, you will definitely sell at a loss. So emotions should be kept under control.
Also there are many more before investing definitely I think get some knowledge from an experienced person who knows crypto well and take time to learn something then come to invest.

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June 09, 2024, 09:57:45 PM
 #193

Hmm to be honest There is no such thing that you don't have to get any knowledge before doing, which means you have to be educated for every job, whether it is investment or trading. When many people enter the crypto space, they do not take this thing seriously, they learn only basic knowledge, and ultimately, when the result comes out, the majority of people lose. This is because they consider Bitcoin a lay asset and invest in it, when in fact reality is not like that .Bitcoin is quite different it has too much volatility. You need to do all of his best to get his eyes sight on all aspects of the market, like market sentiment dynamics. Technical/fundamental theorems, etc. Besides that, you also need experience, which is the most remarkable part of the story...
 
It means to say that as many beginners as there are, I will tell them that first of all pick a department like investment and do education regarding it, gain experience, and learn to use knowledge + experience to know when and where to do it and what not to do.

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June 09, 2024, 11:21:09 PM
 #194

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

The person who tries or enters the trading business industry, like crypto trading, should be aware. It's not just because you invest and then buy and sell; the concept of trading in this field is not like that. Many misinterpret it, so in the end, they are disappointed with their expectations.

Even if you have no knowledge, you can earn immediately if you choose the right investment opportunity. But trading is not like that; rather, it requires willingness, dedication, and passion.

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June 12, 2024, 12:18:50 PM
 #195

Even if you have no knowledge, you can earn immediately if you choose the right investment opportunity.

That doesn't make any sense, a person who does not know a market can never choose the right investment opportunity because you can only do that if you know about it unless you are lucky and you choose a random investment option and it turns out to be profitable for you, but that doesn't happen all the time which is the reason why a person needs to gain enough knowledge before they get into the trading part.

There are a lot of newbies these days who are making this mistake, they get into trading without any knowledge, they hear from seniors and see that they are earning money from trading and they think it's as easy as drinking water but they don't realize how difficult it is until they get into it and lose some money and then the realization hits them hard.

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June 12, 2024, 05:10:51 PM
 #196

The person who tries or enters the trading business industry, like crypto trading, should be aware. It's not just because you invest and then buy and sell; the concept of trading in this field is not like that. Many misinterpret it, so in the end, they are disappointed with their expectations.

Of course, trading is not as we imagine, it is easy and fun because you can make quick profits. Yes. Sometimes it's not a bedtime story where when the storyline is beautiful we will fall asleep soundly.

Trading is a psychological game that if we make a wrong move it will really hit our psychology and clearly it concerns our money, it can grow and be lost forever. that's why it's better to hold than to trade and the results will be the same.

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June 13, 2024, 04:26:24 PM
 #197

Of course, trading is not as we imagine, it is easy and fun because you can make quick profits. Yes. Sometimes it's not a bedtime story where when the storyline is beautiful we will fall asleep soundly.

Trading is a psychological game that if we make a wrong move it will really hit our psychology and clearly it concerns our money, it can grow and be lost forever. that's why it's better to hold than to trade and the results will be the same.
When someone imagines that trading is an easy thing to do, of course they only see people who have been successful from trading and they don't ask what the process was to achieve what they see and it would be better if they didn't just imagine the success that other people have achieved and sometimes they imagine whether the process they go through can be easily done or not, what you say is very correct in trading, we have to make the right decisions to be able to develop the capital used for trading and there are many risks that must be faced in making trades and I agree with you if indeed If you don't have skills in trading, it would be better to hold on until you get a profit and this will not tire us in monitoring market conditions.

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June 14, 2024, 12:35:26 AM
 #198

Nothing is perfect for the very first time of trying. Trading isn't for beginners but beginners are free to learn and dive into it. Avoid thinking that the other traders are earning and so as you will be as you start. Not that gonna happen unless you stick to your plan and try to learn more from it. This is a journey that everyone can't take and only those dedicated and aspiring ones are going to check it out. Start and don't be discouraged by the swings of the market if you want to think that this is perfect.

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June 14, 2024, 01:01:55 AM
 #199

I like trading but I don't recomend it. It is very diferent you make an analysis to forecast months ahead and put your money there and make many analysis during a day for many days. I think trading activity more similar to a job than a kind of investment. Trading is for crazy people (like me...hahaha) that most times finish with losses. No one deserves to being older dong this.
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June 14, 2024, 03:18:15 AM
 #200

Before starting online investment you need to know about investment first. Without good experience you will not be able to easily manage the risks for doing business. Trading without skill is a sure way to lose during currency trading. This leads to a distorted perception of the market and incorrect execution of orders. If you feel like you are starting to trade on emotion stay away from the platform until your mind calms down.

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