Trading advice for newbies

[Bitcoinpoly]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

[1715175768]

1715175768

[1715175768]

1715175768

[1715175768]

1715175768

[1715175768]

1715175768

[Oshosondy]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result.

Crypto trading is different from gambling but they are of both high risk.

Trading = highly risky
Gambling = highly risky

As you can lose in trading, so can you lose in gambling.

1. Learn about the volatile market

Yes. But also better to trade less volatile coins like bitcoin that is not volatile like many altcoins.

2. Learn how to analyze chart

You can learn how to analyze market and still be losing if you do not use the right strategies.

4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

This happens to me frequently. It still happened today. I have won over $50 and later the position went bearish and I lost. It is not good to be greedy. What I noticed is that the losses I have before can result to this. If you know you are losing, just stop trading for that day.

[bettercrypto]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

You forgot something. You should always start with basics. Remember,  all experts started with basic trading. But the question is, do you know the basic rules in crypto trading here? I think you don't know that. Because of what you said, usually those who know have real knowledge of trading in the crypto business.

Do you think it's that easy to learn or know everything about crypto trading? It looks like you don't know that either. I think you should study well in the field of crypto trading before you say such things in the trading industry here in cryptocurrency.

[GeorgeJohn]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

Actually their is difference between trading and gambling but people that have not trade before do think that trading and gambling have same similarities, its very obvious that gambling is a game that deals with luck and it does have to deal with skill acquisition or undergoes a serious training before you become a gambler, while in Trading it has to do with understanding, timing and observation, so if you are not concentrated you will continue to be experiencing loses everytime

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

The thing that is very necessary with trading is that you most learn and understand it very well and what you listed is among what a trader have to learn and understand before it can be a successful trader, something like learning how to analyze chart is very important in any trader because the analysis we are emphasising on is the signal some people paid to get, so to analyze a chart and understand it perfectly is the major key a trader can be use and make a profit....greediness is one of the elements that makes some of trader lose, when you are getting greedy to cash out the profit you have already made, just have it in mind that their is every tendency that you will lose the one you have already secured...so therefore greediness is one of the things that's traders to lose...in all ramifications I think all your points is meaningful in the aspect of trading.

[tbct_mt2]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

With newbies, they should never touch trading with any type of trading.

They have to learn first about Bitcoin, how to store bitcoin safely when they buy it. What wallet to use for bitcoin storage, how to back up a wallet and recover a wallet.

Then after learning basics, they can buy bitcoin and store it in their non custodial wallet for their investment. Let me repeat, investment, not trading.

Trading is risky and newbies are more vulnerable to lose money in trading. Even senior people in the market can lose money with trading so don't expect newbies to get profit with trading.

[gunhell16]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

"Learn to analyze the chart." That's a broad topic, dude. I have a question for you, dude: is it easy to analyze a trading chart? Do you know what the two types of chart analysis are?

Are there any patterns to use to analyze a chart? For me, the information you are giving here is lacking. Yes, what you mentioned is correct; that's why I'm lacking. Newbies who come here for the first time on our forum platform will not understand that. Maybe I'm just advising you, dude. Next time you do these kinds of topics in detail, I'm just advising you on this. Thank you

[Adbitco]

3. Take your time to practice demo trading before

If you must know how to trade avoid Demo is a waste of time and energy why because when trading with demo you have this full confidence you can trade with real account without knowing is just like someone looking himself on the mirror. Demo has deceived lots of people and when they went ahead to fund their account they ended up sweeping it within some space of time without knowing the demo is their point of failure, my advice is as newbies try at least to fund your real account with $10 to $50 if you must learn very fast and learn with real account also gives you the bold step to withstand pressure and lost otherwise if you focused on Demo and then start using real account just that day or that week you would developed a serious health problem due to the effect of your lost.

[Yamane_Keto]

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

I feel that it is an indirect promotion of Bitget. Whatever the reason, copy trading does not mean that you will make free profits. Copy trading is the laziness of many beginners because they believe that there is someone who has the knowledge and time to be successful in trading and then he will share this information with you to make you rich.
Learning to trade may not make you profits, but at least you know what you are doing and long-term trading does not require any knowledge.

[Essential10]

I think learning trading has a beginning but no end. Most of us, new or old, we read or know many guides about trading. Now if I give you some guidelines, you can do it like this, you can achieve possible success in trading, in fact you never will. Very easy to say, very difficult to do. One thing we should notice is how many people actually try to learn trading?  Who really understands how much?  If you toss a coin from above, it can land heads or tails, only your choice is here, luck favors it. Where trading falls within a fifty-fifty probability, no money is made.

[Hamza2424]

Hmm, OP seems like you are quite experienced in trading, are you? TBH, trading is not a game like gambling where you can lose and earn, here in trading there are potential risks but with the proper strategy and dedication towards trading skills and risk management, trading can be a full-time career.

My advice to the newbies is only, to stay consistent follow disciple dont be greedy hold your patience level, and always test yourself with new experiences because the market will test you every time. Dont be an emotional fool. Strictly follow the analysis of the way to control your emotions. Here I wrote just and covered most of the things but all fall in the same category called decipline.

[lombok]

recover a wallet.

Restoring a crypto/bitcoin wallet can be done with the phrase that we saved. Besides I doubt we can recover our Bitcoin wallet.

With newbies, they should never touch trading with any type of trading.

They have to learn first about Bitcoin, how to store bitcoin safely when they buy it. What wallet to use for bitcoin storage, how to back up a wallet and recover a wallet.

Then after learning basics, they can buy bitcoin and store it in their non custodial wallet for their investment. Let me repeat, investment, not trading.

Trading is risky and newbies are more vulnerable to lose money in trading. Even senior people in the market can lose money with trading so don't expect newbies to get profit with trading.

I really support your opinion regarding basic newbie matters. Know and be able to operate a Cryptocurrency wallet. Because it is very important for newbies to save their assets.

Trading, I think a good and safe thing for newbies is investment compared to trading. Trading is high risk, but also high return. Considering the volatile movement of crypto, trading carried out by newbies without experience and knowledge can result in big losses and potentially gambling.

[Franctoshi]

if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

There is no shortcut to this, Even though you want to do copy and paste trading, you need the basic knowledge about trading, that is, how to set t.p's and stop loss because sometimes an instructions maybe given to you by an expert trader that you copy to adjust stop loss or your take profits, and you don't know how to go about it, except if you're into exchange copy trading that is automatic where you don't need to do anything and the system does all the jobs for you.

[alastantiger]

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

As a newbie to trading all of your energies should be focused on learning and not on when you will make your first one thousand dollars. I often see newbies are so eager to make money from trading that they skip the most basic and foundational principles of trading. You would save yourself from depression that comes from losing money because you didn't set a stop loss. Dear newbies, the stop loss is there to save you and you should learn how to use it effectively. Using it effectively means not just to set it and go to bed but to be present in the trade even after you have set it. 

[Rruchi man]

Another trading advice?

1. Learn about the volatile market
2. Learn how to analyze chart

This two are the same to me. Trading involves a lot of learning from when you are new to when you become older in trading. When new it requires learning,  when old it requires a lot of unlearning and relearning. Learning never stops.

3. Take your time to practice demo trading before going into real trading.

Take your time, but not too much time. Trying to get everything right before starting to trade can take forever, you will never learn some things if you do not trade live on the market.

4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

Take profit, but not too early and not too late.

[Abu-Naim]

Slow and steady wins the race every time. Trading and gambling are two distinct activities that share certain similarities and differences.
Both are very risky. 
Both provide a profit and both have the potential to lose money.

The primary distinction is that in gambling, once you stake a game, that money is either gone or will return profit, however in trading, you can see what you bought unless it's feature trading, which is quite similar to gambling.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

These factors are highly significant and are the basic pillars of trade; nevertheless, they are not always simple to keep; however, if they can be kept, there will be no problems in the trading journey.

[Hamphser]

Slow and steady wins the race every time. Trading and gambling are two distinct activities that share certain similarities and differences.
Both are very risky. 
Both provide a profit and both have the potential to lose money.

The primary distinction is that in gambling, once you stake a game, that money is either gone or will return profit, however in trading, you can see what you bought unless it's feature trading, which is quite similar to gambling.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

These factors are highly significant and are the basic pillars of trade; nevertheless, they are not always simple to keep; however, if they can be kept, there will be no problems in the trading journey.

Yes, this isnt a sprint but rather it would be a marathon. You might really be that slow but with the steps that you are making then it is really that much more better compared into those people who are really that
making those fast trades without even trying to think that it cant really be just that so easy on having that kind of approach. You are really that prone to mistakes whenever you do make out those rush
trading because you are really that comes after with profits on short time period then you are really just that putting yourself on such hard situation because you are really that making tons of mistakes
and errors since you cant really be able to think up clearly just because you are in a rush on seeing profits on which this could really affect your overall efficiency when it comes on making your
trading analysis. This is why it would be better to be slow but having that kind of sureness on every move that you would be making.

[ZAINmalik75]

you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

So basically you are here to promote bitget, and it is not new I have seen many other people here promoting bitget or at least using the term bitget in their posts at least one time, and all they have to do is link bitget with the context of the post. I got it, you want to promote it, but I will suggest doing it the right way, initializing a signature or any other campaigns via campaign managers. That way you will get good results.
Other than this, what good in it for you if you are not a team member of Bitget, I can assume you must be hired by them! to make posts on Bitcointalk, I wonder how much money they will be giving to you people. I am not against it but I just say if you want to do it then do it the right way.

[Timmzzy]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

I didn't see patience in the list like for example when you take a trade and you trust your analysis or strategy and the market hasn't hit your stops yet and you pulled out, at the moment you pulled out the trade goes your way... And so when you see a trade you are sure of you start speculating without taking the trade still not cool so all this thing's Should be put in place. For a profitable journey.

[salad daging]

Trading is risky and newbies are more vulnerable to lose money in trading. Even senior people in the market can lose money with trading so don't expect newbies to get profit with trading.

Obviously trading is risky if a beginner does not manage risks well then he will lose a lot of money when trading, so a beginner must really learn and continue to learn because that is the skill that a beginner will have when he is able to learn well.

Hmm, OP seems like you are quite experienced in trading, are you? TBH, trading is not a game like gambling where you can lose and earn, here in trading there are potential risks but with the proper strategy and dedication towards trading skills and risk management, trading can be a full-time career.

Yes, it looks like he has experience in trading, but I see from his neutral tag that it leads to Bitget spam posts that he tags.

Once again trading and gambling are clearly different, gambling only relies on luck while trading requires skill to make a profit.

[stadus]

My greatest advice in this market is learn to be patient as much as you can. There is no shortcut to success, so always chose to take a harder and tougher way at first so you can see the sweet fruit of your labor in the end. In life, learning takes a lot of time and even requires a lot of experiences before you will be able to learn, same what we should do in this crypto market.

Learning takes a lot of time so you have to be patient and calm as much as possible. And don't be greedy for quick and immediate profits, but always seek the long term profits that will give you satisfying results and profitability.

[Assface16678]

4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

One of the most important reminder, many newbies in trading is expecting a huge profit right away, and they have mo satisfaction if they earn and wanting more resulting unwanted happening, remember profit is profit no matter what amount it is small or big, its better to earn than to lose right? So be satisfied, but if you know your trade will succeed or you are aure about your trade then go long, but if not then don't expect a huge profit as it may cost you much.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

Although copy trading is an option there are still things need to be considered in this, one is the equity of your account if the equity of your account has a huge gap between the trader you are copying then it will also cost you as your copying might set a big margin and he do that because he has a huge equity then if that happens your equity can't take it and your equity might liquefied. Trading is a continuous learning even the expert traders often experience loss trade but they can manage as it is part of the trading, it matters on how will you manage your money and how well you can handle the setbacks.

[taufik123]

Crypto trading is different from gambling but they are of both high risk.

Trading = highly risky
Gambling = highly risky

As you can lose in trading, so can you lose in gambling.
-snip-

It also depends on what type of trading is used.

Spot Trading = Risk of Losing Value Due to Fluctuations, Still safe enough to hold.
Trading Futures = Very risky because if the prediction is wrong it will be liquid
Gambling = Very risky, beginners or professionals are no guarantees, relying only on luck.

Although professional traders, they will also get losses even 95% of day traders are very losers, and only 5% get regular profits.

The safest is Holding, just buy and hold, then sell according to the specified price target.

[ancafe]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

Yes, both are quite risky but trading and gambling activities have differences and you cannot possibly be involved in trading just to expect luck. Beginners are advised to learn first before being involved because they talk about risk behavior that needs to be minimized.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Not having skills will be quite difficult to develop trading because we don't know how to do it, for beginners not at the stages of profits that need to be considered first, but how to deal with the risk of loss. Trading is uncertain because we can lose and profit in a quick time depending on the moment of the coins we trade. You can use what trading models are provided and can be responsible when you run it and if your experience is good, the results will also be more satisfying.

[fauzan Ichsan]

Overall, the main thing that must be studied is the psychology of trading, where this point is the biggest determinant in making a profit. Next there is money management, where we must be able to manage our financial capital so that it remains safe and fits a logical portfolio. After that there is technical analysis, where we must be able to read charts to predict future possibilities so we can make transactions

[peter0425]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

gambling and trading never be the same but they are both risky and can make you a loser together.
gamble never but try to trade of course for the best finding luck.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

the greedy part is what made that more responsible because even how good you followed the first 3 but when you become greedy then you will also a loser.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

copy trading is not that easy because not all the time those traders will have good faith and luck in their speculations.

[Zoomic]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

gambling and trading never be the same but they are both risky and can make you a loser together.
gamble never but try to trade of course for the best finding luck.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

the greedy part is what made that more responsible because even how good you followed the first 3 but when you become greedy then you will also a loser.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

copy trading is not that easy because not all the time those traders will have good faith and luck in their speculations.

Most of these newbies started trading without any specific plan. They just believed that trading is an avenue to get rich quick and this is where their mistakes start from. First, they joined the trading system out of greed, because they want to gain profits and make themselves rich overnight, they join trades they ordinarily shouldn't have joined. This oftentimes pave way for more unpleasant emotions  beclouding their sense of reasoning when the trades do not go as planned.

An overzealous trader who wants to make profit at all costs will angrily engage in revenge trading and even lose more money if he is not lucky enough. Traders should trade with purpose and a well known plan. When the plan/purpose is not known, mistakes are bound to happen.

[pinggoki]

My greatest advice in this market is learn to be patient as much as you can. There is no shortcut to success, so always chose to take a harder and tougher way at first so you can see the sweet fruit of your labor in the end. In life, learning takes a lot of time and even requires a lot of experiences before you will be able to learn, same what we should do in this crypto market.

As much as this is the truth, besides the virtue of patience, we also should be able to have the ability to analyze the market and understand what the news is talking about and how would it affect the market in the long-run, if you're just going to use your patience with your invest, don't expect to be successful in trading and you're better off hodling and wait for your ideal price to go up and then sell there, much easier process but takes longer and will really test your patience.

[Lorence.xD]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

gambling and trading never be the same but they are both risky and can make you a loser together.
gamble never but try to trade of course for the best finding luck.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

the greedy part is what made that more responsible because even how good you followed the first 3 but when you become greedy then you will also a loser.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

copy trading is not that easy because not all the time those traders will have good faith and luck in their speculations.

Most of these newbies started trading without any specific plan. They just believed that trading is an avenue to get rich quick and this is where their mistakes start from. First, they joined the trading system out of greed, because they want to gain profits and make themselves rich overnight, they join trades they ordinarily shouldn't have joined. This oftentimes pave way for more unpleasant emotions  beclouding their sense of reasoning when the trades do not go as planned.

An overzealous trader who wants to make profit at all costs will angrily engage in revenge trading and even lose more money if he is not lucky enough. Traders should trade with purpose and a well known plan. When the plan/purpose is not known, mistakes are bound to happen.

Anyone who started trading for sure is here for the money, I agree that most of the newbies who think earning money in the trading industry would be literally a quick rich scheme which is not because, cause for sure, by just learning it would already take a lot of time plus you would gather experience first as well. I think those traits and decisions they made like joining some trades are normal for newbies as they are not that aware yet, but if they did not learn from their mistakes then that would affect them in the meantime. That is why I agree that a plan is a must because if you are just trading without directions probably you would go to an unlikely path you wanted that could cost you more money. Emotions, knowledge, skills and plan must be achieved for you to be a better trader.

[tjtonmoy]

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You left out a very important thing that is crucial for trading. Emotion control is a must when it comes to trading. This is the very first thing you should learn when you join trading. Without this, no matter how much you learn and try, you can never become successful in trading. You will be following everything you have learned so far but the outcome will always be not what you have expected.

Emotion in trading is the worst. Learning to control it will give you the best results. No matter what happens, learn to stick to your strategy and follow the rules. The outcome of that trade will be just as expected.

[jeraldskie11]

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Usually, newbie traders don't want a process. They want to be an immediate profit. If they know that trading is difficult, they will not enter trading. However, even though you didn't forget to remind them they always think that it's not that hard especially if they profit in their first couple of trades. That's why most newbie traders fail and stop trading. Some of them go to copy trading to recover their losses, but I will never recommend it because the risk, in my opinion, is greater than trading on your own.

[mirakal]

Hmm, OP seems like you are quite experienced in trading, are you? TBH, trading is not a game like gambling where you can lose and earn, here in trading there are potential risks but with the proper strategy and dedication towards trading skills and risk management, trading can be a full-time career.

My advice to the newbies is only, to stay consistent follow disciple dont be greedy hold your patience level, and always test yourself with new experiences because the market will test you every time. Dont be an emotional fool. Strictly follow the analysis of the way to control your emotions. Here I wrote just and covered most of the things but all fall in the same category called decipline.

The difference between trading and gambling is that trading makes you earn profits, while gambling makes you lose your capital most of the time. So for obvious reason, trading becomes more profitable if you have the knowledge and skills to trade, and with helpful strategies that will make your trades work and profit.

Being greedy is part of a trader, as well as being emotional. But if you are determined to win your trades and stay off from losses, then discipline yourself by not being greedy and emotional. If you can't get rid of them, then try to control them so you can still be more capable to end your trades with profits.

[Russlenat]

Gambling is a lot different from trading although both have their own risks that traders and gamblers need to deal with and overcome. While gamblers can bet randomly and expect initial profits, but with trading everything should be made with careful market analysis and skills and strategies are a must so that any trader will not be buried with losses but profitable gains. While gambling does matter the most with luck, trading in the other hand needs more luck and skills in order for a trade to succeed.

My only advise for traders is that practice patience and caution everytime a trade is made. Trading may not guaranteed secured profits as well but if you know exactly what you are doing and you are knowledgeable and skillful enough, then there's no reason that you will still end up with unexpected losses.

[terrific]

All of those are needed to take on this market because this how it goes. And taking your time is a must because not everyone starts perfectly.
There could be some mistakes that you'll commit when you trade actually and that's not going to be enough for you to be honest if you want to become a real trader today.
Patience is needed on this and when you don't have one, better to skip this market and leave.

[Palazodeen]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

With newbies, they should never touch trading with any type of trading.

They have to learn first about Bitcoin, how to store bitcoin safely when they buy it. What wallet to use for bitcoin storage, how to back up a wallet and recover a wallet.

Then after learning basics, they can buy bitcoin and store it in their non custodial wallet for their investment. Let me repeat, investment, not trading.

Trading is risky and newbies are more vulnerable to lose money in trading. Even senior people in the market can lose money with trading so don't expect newbies to get profit with trading.

Very correct, personally from my own perspective if someone that is new to crypto have enough money to invest in crypto, I would advise to buy Bitcoin and some potential altcoins and Hodl but most times, new people coming into crypto have $100 or less to invest hence the reason many opt for trading to grow the funds with time. In as much as many of us know 90% of them end of losing due to lack of proper trading knowledge, the op final statement about exploring copy trading is a good way to start because copy trading is a way to learn and also earn but it also carries its own risk and that's why users must also necessarily do their own research by chosing the right trader and platform to do this.

[BabyBandit]

What do you see here? Is this coin good for some specific way of Trading? Someone who knows?

[GreatArkansas]

4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

Among the list, this is the one that I can relate to. I believe I'm not the one who can relate to this, most newbies will also. It's like marrying their altcoins.
For me, having a plan before entering a trade,  like plan when to enter, what price to enter then stop loss, and price target. So you will not worry anymore, just accept what will be the result of your trade.

[Yamifoud]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

And the challenge now is for them to manage their time, and emotions, and adopt the system. Indeed, it takes time to gain knowledge and ideas which is why as a trader must extend patience to learn otherwise, it is useless to try doing this.

In addition to this; they don't be afraid of making mistakes and losing money because this is the reason why we grow and improve our knowledge and skills. No risk, no gain --so we have to work hard and push ourselves.

[Sebas.tian]

Overall, the main thing that must be studied is the psychology of trading, where this point is the biggest determinant in making a profit. Next there is money management, where we must be able to manage our financial capital so that it remains safe and fits a logical portfolio. After that there is technical analysis, where we must be able to read charts to predict future possibilities so we can make transactions

The purpose of going into crypto trading is to make profits to become an expert in crypto trading, which you need to study the psychology of crypto trading to enable you acquire some skills that will make you comfortable whenever there are some challenges in the market than to hold and wait for the right time to come before you can trade to take profits from the market. You need to believe in your personal research more than other researchers in the community so that you will not trade your coins in a wrong time which are part of some of the things you will achieve when you learn psychology of crypto trading. As a newbies dedicate your time in this forum to learn from other investors mistakes so that it will not affect you when you get to such situations in the future.

[Questat]

All of those are needed to take on this market because this how it goes. And taking your time is a must because not everyone starts perfectly.
There could be some mistakes that you'll commit when you trade actually and that's not going to be enough for you to be honest if you want to become a real trader today.
Patience is needed on this and when you don't have one, better to skip this market and leave.

We all came from being a newbie before we discovered things and gained ideas from our bad and good trader experiences. We make mistakes, suffer losses, and earn some, that was our life before but even today, losses are still somewhat possible. As newbies, we never expect to earn a profit easily nor do we think that we could learn today and become good by tomorrow because it takes time to become fully knowledgeable about trading. In fact, every trade is a learning, everything we do has something it returns not just profit but also ideas.

[Volimack]

Newbies should take time to learn about the market to trade. Trading is more risky most traders especially beginners lose money in trading due to high market volatility a trade should not risk more than two percent of the total trading capital to ensure proper risk management in trading. To avoid losses especially beginners should understand the basics of this type of trading as the risk of ignorance is greater than the market risk.

[batang_bitcoin]

Learning the volatility of the market can be done by investing alone in Bitcoin. You'll get to see how the market is highly volatile and you can adjust depending on how you think it is needed to be.

Newbies should take time to learn about the market to trade.

Not just them but everybody who's into this market need to learn it. All of us are not perfect and that's the reason why we need to take time in learning and continue learning from it.

[Rockstarguy]

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

Want thing about trading is that their is no shortcut about it to earn money, trading is a skill that requires good attention that people needs to follow it accordingly.  Any little mistakes in trading can result to lose, their are a lot people needs to learn about trading. Trading is not what anyone can just enter the market and try to trade with mere understanding,  instead it is what people needs to learn and be sure what they are doing when they enter the market.

Everything in trading requires learning even down to the character a trader needs to exhibit,  it is also what people needs to learn too. If beginners enters the market with a mindset of get rich quick, it is just an easy way to lost all they have. Trading doesn't make people to be rich quick, trading is just a skill that generate profits for traders and be understood well.

[pusaka]

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

Want thing about trading is that their is no shortcut about it to earn money, trading is a skill that requires good attention that people needs to follow it accordingly.  Any little mistakes in trading can result to lose, their are a lot people needs to learn about trading. Trading is not what anyone can just enter the market and try to trade with mere understanding,  instead it is what people needs to learn and be sure what they are doing when they enter the market.

Everything in trading requires learning even down to the character a trader needs to exhibit,  it is also what people needs to learn too. If beginners enters the market with a mindset of get rich quick, it is just an easy way to lost all they have. Trading doesn't make people to be rich quick, trading is just a skill that generate profits for traders and be understood well.

Yes that's right, one thing I would like to add is that in trading practice is harder than theory, yes maybe we understand if we only theorize, but if we do it then it will be more difficult than what is imagined. My advice, when learning about trading then we can directly practice with a demo account.
The problem is not just there, when using a demo account then we will be able to analyze well, but when we are already in trading with real money then believe me it also becomes something difficult. The reason is quite basic, which lies in the mentality. Yes, in a demo account we will not receive pressure, because losing or winning the money we use is not real, but when we use real money then the pressure will affect our mentality.

[R100K-Martin-Lunger]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

I completely agree. People new to crypto need to consider the factor you mentioned however I would also recommend that new crypto traders
Firstly, seek guidance. Navigating the market can be tricky and I would recommend that people new to the trade consider finding a mentor or joining a community of experienced traders. Shorten the learning curve, so to say. A mentor would help decreases the likelihood of making common mistakes.
And secondly, keeping a check on your emotions. Crypto markets are volatile, and emotions can easily cloud judgment. It’s important to keep your emotions in check and stick to your plan.
For example, when I execute trades, I only risk 1% of me and my company’s capital on each trade. This protects my portfolio from significant losses. But I also aim for a 100K sats profit on each trade which ensures my portfolio is always growing. That’s my strategy and I’ve been sticking to it and my profit margins have been really good. Make a plan and stick to it. But run it by experienced traders before you dive head first.
If you have any questions you can contact me via my Discord: https://discord.gg/2TFSrzunK3 or Telegram: https://t.me/Project_r100k/

[Richkiedx]

first of all, learn crypto first, get to know it first so you know what you are getting into secondly, learn basic knowledge like candles stick / boss / choch it will help you especially if you just start with crypto basic knowledge it is very valuable you have to do it step by step you can't if you learn something small you can do it right away create your demo account just for practice third, you should know how much you invest or how much you are willing to lose you also need discipline here to be successful

[terrific]

All of those are needed to take on this market because this how it goes. And taking your time is a must because not everyone starts perfectly.
There could be some mistakes that you'll commit when you trade actually and that's not going to be enough for you to be honest if you want to become a real trader today.
Patience is needed on this and when you don't have one, better to skip this market and leave.

We all came from being a newbie before we discovered things and gained ideas from our bad and good trader experiences. We make mistakes, suffer losses, and earn some, that was our life before but even today, losses are still somewhat possible. As newbies, we never expect to earn a profit easily nor do we think that we could learn today and become good by tomorrow because it takes time to become fully knowledgeable about trading. In fact, every trade is a learning, everything we do has something it returns not just profit but also ideas.

And just expect that you'll get to learn from your mistakes as a newbie, that's the essence of starting this market.
Don't expect that you'll have a lot to get when you start because that's how it goes, you're not the best when beginning.
But if you persist and stay and apply all of those lessons you get from being newbie, it might be worth it.

[goaldigger]

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

Newbies should strictly follow this and know that trading is not an easy market to deal with.
There's a lot of advices already for the inspiring traders and I'd hope that they are really reading this especially the comments from other users here who already know how to trade well and how to deal with the market. Beginners are emotionally not prepared, and this should be the first move for every beginners to train themselves not to be emotional especially on making their trading decisions.

[Japinat]

Trading is not advisable for newbies, I'd rather recommend long term hodling than jumping trading wherein newbies have no learning experience from trading in the market. And when you are making significant profits from hodling, that's the time that you can proceed to trading but provided that your knowledge and skills for trading have already been enhanced and developed.

Newbies who resort into trading often lose a lot. That's because the greed is high for newbies, and they can't manage their emotions yet most especially that trading needs to get rid of that emotions to end up with successful trades.

[AnonBitCoiner]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

Knowledge about trading can help to minimize risk because you will choose that coin which can give you profit as choosing of asset depends on you whereas in gambling you don't know that your bet will be better or worse. Both are full of risk but trading can be less risky by choosing profitable coins. Better option for getting profit is investment but if someone want to trade then learn well otherwise your trade will not be different from gambling.

4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

Greedy people never get success in life but if situation is like this and you know that price will be going more higher then this is not a greed but it means that holder is following the prediction from experts. Now bitcoin price is 43k$ so nobody knows that future will be more productive or not therefore if someone wants to wait more until halving then i think it's not a greed because everyone wants an accurate timing for selling of their asset.

[justdimin]

The difference between trading and gambling is that trading makes you earn profits, while gambling makes you lose your capital most of the time. So for obvious reason, trading becomes more profitable if you have the knowledge and skills to trade, and with helpful strategies that will make your trades work and profit.

Being greedy is part of a trader, as well as being emotional. But if you are determined to win your trades and stay off from losses, then discipline yourself by not being greedy and emotional. If you can't get rid of them, then try to control them so you can still be more capable to end your trades with profits.

"Trading makes you earn profits" is a term I am not too sure about. Sure there are some people who make profit, but there are also a lot of people who lose money as well, that should be quite important. Remember, there are a lot of people in this world that ends up trading and not making any money anyhow. This is why it should be important to say that for "some" people in this world, gambling and trading are the same thing, they are going to lose their money in all of them, and they will not make any money at all.

The only difference is for a good trader, because a good trader will end up making money and that will be very important for them, it will be quite good to get those results without a doubt. I know that it will not be simple, but we could end up doing it one way or another, if we are careful with what we do, then we should be able to do it eventually. So it is not really a big deal, we just need to make sure that things are as good as it can get.

[traderethereum]

There is a lot to learn for someone who wants to have crypto market analysis skills. And it's not as easy as they imagine because most of them will stop in the middle of the road and many won't even be able to carry it out.
They then look for trading groups and hope to get trading signals so they don't need to analyze themselves and can immediately buy and sell their coins.
But those who are still willing to learn from various sources will have good trading skills so they will only depend on people if they have knowledge that can be used and they can also improve their abilities.
They will also always practice what they gain from their learning so that it can help them gain profits. Getting big profits is only a matter of time because the most important thing is how someone can have good trading skills.

[Kasabus]

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

Want thing about trading is that their is no shortcut about it to earn money, trading is a skill that requires good attention that people needs to follow it accordingly.  Any little mistakes in trading can result to lose, their are a lot people needs to learn about trading. Trading is not what anyone can just enter the market and try to trade with mere understanding,  instead it is what people needs to learn and be sure what they are doing when they enter the market.

Everything in trading requires learning even down to the character a trader needs to exhibit,  it is also what people needs to learn too. If beginners enters the market with a mindset of get rich quick, it is just an easy way to lost all they have. Trading doesn't make people to be rich quick, trading is just a skill that generate profits for traders and be understood well.

Trading requires a step by step process to follow, and one should take time learning through it. However, I see newbies jumping into trading without sufficient knowledge and skills, and have no experiences in the trading market, and end up with an expected outcome, that is losing all their funds. That is the reason why greed should never motivate traders to trade immediately for quick profits, because the result will always be negative.

Good thing trading can be learned in time. If you lose in your initial trades, that's okay because that is a sign that you are going to learn from it as well. But if you consistently lose and never makes any chances of getting profits, probably you are doing the wrong thing in trading, or you're not really meant to trade but only good for long term hodling.

[2Pizza410000BTC]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

All the points mentioned by you must be followed before the newbies come to the trading platform. As such, a new trader must know about market volatility. If a new trader is not aware of the volatility of the market, he will never be successful in trading. And especially never be greedy in the trading platform whenever a person is too greedy in the trading platform then that person will definitely suffer in the trading platform. So I would say to the new traders, you must avoid greed before trading platform, never be too greedy. In the trading platform especially if these two things can be followed then surely a person can achieve success from the trading platform.

[Bushdark]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

All the points mentioned by you must be followed before the newbies come to the trading platform. As such, a new trader must know about market volatility. If a new trader is not aware of the volatility of the market, he will never be successful in trading. And especially never be greedy in the trading platform whenever a person is too greedy in the trading platform then that person will definitely suffer in the trading platform. So I would say to the new traders, you must avoid greed before trading platform, never be too greedy. In the trading platform especially if these two things can be followed then surely a person can achieve success from the trading platform.

As a trader we need to know what we are doing so that we can make reasonable profits from the market.
There earr people that are in the market to just make profits and for us to achieve this, we have to make sure that try and gain more knowledge about the market so that we are not going to keep depending on the outdated knowledge that we have because the market keep changing everytime. This is why most time trading patterns do not always work so we need to improve and learn more things about the market so that we can keep making consistent profits.

[tygeade]

one thing I would like to add is that in trading practice is harder than theory, yes maybe we understand if we only theorize, but if we do it then it will be more difficult than what is imagined. My advice, when learning about trading then we can directly practice with a demo account.
The problem is not just there, when using a demo account then we will be able to analyze well, but when we are already in trading with real money then believe me it also becomes something difficult. The reason is quite basic, which lies in the mentality. Yes, in a demo account we will not receive pressure, because losing or winning the money we use is not real, but when we use real money then the pressure will affect our mentality.

That part is the most important part there is. There are way too many people who are wrong when they do something like that, and yet they keep on working on paper, and keep trying to get better, and assume that when they start trading they will be good.

The reality is that, if you start trading right away without learning anything then you will be terrible, if you end up learning a lot but do not trade then you will not be good neither. So the assumption is that you need to end up trading, and then you need to end up with something better as well, it should be important. I think if you learn first, then be bad trader for a while and gain experience, eventually you will keep getting better because you know what you should do.

[Dewi Aries]

All of those are needed to take on this market because this how it goes. And taking your time is a must because not everyone starts perfectly.
There could be some mistakes that you'll commit when you trade actually and that's not going to be enough for you to be honest if you want to become a real trader today.
Patience is needed on this and when you don't have one, better to skip this market and leave.

We all came from being a newbie before we discovered things and gained ideas from our bad and good trader experiences. We make mistakes, suffer losses, and earn some, that was our life before but even today, losses are still somewhat possible. As newbies, we never expect to earn a profit easily nor do we think that we could learn today and become good by tomorrow because it takes time to become fully knowledgeable about trading. In fact, every trade is a learning, everything we do has something it returns not just profit but also ideas.

And just expect that you'll get to learn from your mistakes as a newbie, that's the essence of starting this market.
Don't expect that you'll have a lot to get when you start because that's how it goes, you're not the best when beginning.
But if you persist and stay and apply all of those lessons you get from being newbie, it might be worth it.

Mistakes are very natural, and it is the daily food of beginners, it doesn't matter because all traders also experience the same thing in the process of their approach to this trading world and maybe there are even some who have lost a considerable amount at the beginning of their journey, it's all natural and the question is whether you can learn from mistakes to get better or you will prefer to leave and become a loser because you are afraid to face situations and conditions like that again? Aren't many successful people born from a failure that they turned into a success? Of course, most people do the same thing in the process and maybe in quite different ways.

So the point is that losses are natural because logically the name of trading must have profit and loss, but after you make a loss a valuable lesson and change the way you do it for the better then believe me the ease you will find over time, the struggle will always be at the beginning and all that requires sacrifice, it doesn't matter as long as you come with strong intentions and earnestly.

[Hypnosis00]

Newbies must take time to learn before trading rather than rushing and then suffering terrible losses afterward. Many starters do like this way and they are now complaining and asking why, yet they never know the answer that was because they are not yet good at trading, and not even familiar with the market but they have been forced to trade and assume that they will earn a profit instantly.

A reason why newbies must take a prior to learning first before trading. There is a time for real trading anyway and that time will come when we are totally ready, not just because we have money.

[Sanitough]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

Trading might not be safe for newbies because of the risk it brings. But if these newbies will insist to do trading, then their money, their rules. And they should expect more losses than gains, even professional traders still fall on losses. But still this is not enough reason to easily quit from trading, just continue to trade and always chose to stay patient and positive regardless of the inevitable losses that newbies may encounter.

Trading losses are the best way to learn in trading. With that, you will dare to improve your trading skills and strategies so you won't be losing a lot and won't do the same mistakes again that will make you feel less being a trader.

[Distinctin]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

These tips are actually the basics in trading. Any beginner who wishes to enter trading is supposed to know about this already before deciding to trade. Otherwise, they will end up losing all their capital and end up wasting their time as well. That's the disadvantages when one newbie decides to enter trading even if he's not entirely ready for it.

One thing I will add is never expect profitable trades every time you trade. Trading can still be unpredictable even for those professional traders in the market, that's why they are still susceptible from losses in trading. So how much more for beginners who have less to show in the market, and are still fearful on how their trades will end up.

[lalabotax]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

Unfortunately, Many newbies are misguided in managing their trading because of their high expectations of the expected results. Many newbies have just joined the crypto world and then buy crypto for trading, they hope that they will get high profits immediately. while they still don't understand the various steps. This is a pretty bad condition because it's just following.

And the problem is that sometimes they are still lazy to just read and prepare themselves well before trading. It doesn't matter how much advice and sharing of information like this has been done, but there are still many people who are misguided in starting their trading. Usually they only prioritize learning by doing. In fact, before that, you should be better prepared and better if you equip yourself with sufficient knowledge, then apply it by starting with a small nominal amount or learning through a demo account.

[Myleschetty]

There is a lot to learn for someone who wants to have crypto market analysis skills. And it's not as easy as they imagine because most of them will stop in the middle of the road and many won't even be able to carry it out.

Agree with what you said but something good doesn't always come easy and it's better to bear with the hardness of having the rightful knowledge in crypto trading than be lazy and lose money in almost every trading which is the exact reason we see the stats of traders that quit trading to be higher than those that keep trading.

[gabbie2010]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.


You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

Option 2 is one of the greatest aspect of trading that every trader must get accustomed to as a newbie it's going to take a very long period of charting time to able to grasp almost all the concept of candlestick patterns and Price Action when analyzing a chart without it I don't think any trader can have an edge over the market.
Option 1 a trader must take profit at the appropriate zone usually Resistance or Support else price reversal or pullback might occur instantly due to high volatility of the price especially cryptocurrencies thus it is mandatory to learn how to spot resistance and support zones.
Option 3 Truly it's advisable for newbies to start learning trading vis Demo or start with small fund just test your trading abilities

[sana54210]

one thing I would like to add is that in trading practice is harder than theory, yes maybe we understand if we only theorize, but if we do it then it will be more difficult than what is imagined. My advice, when learning about trading then we can directly practice with a demo account.
The problem is not just there, when using a demo account then we will be able to analyze well, but when we are already in trading with real money then believe me it also becomes something difficult. The reason is quite basic, which lies in the mentality. Yes, in a demo account we will not receive pressure, because losing or winning the money we use is not real, but when we use real money then the pressure will affect our mentality.

That part is the most important part there is. There are way too many people who are wrong when they do something like that, and yet they keep on working on paper, and keep trying to get better, and assume that when they start trading they will be good.

The reality is that, if you start trading right away without learning anything then you will be terrible, if you end up learning a lot but do not trade then you will not be good neither. So the assumption is that you need to end up trading, and then you need to end up with something better as well, it should be important. I think if you learn first, then be bad trader for a while and gain experience, eventually you will keep getting better because you know what you should do.

Those do come in hand in hand together, you need to do both in order to get better. However, you also shouldn't stop learning and studying and reading up on trading just because you have been trading for a while and you think you gained enough experience.

This isn't some market that you end up learning it all, it is ever evolving, one thing that works today may not work 10 years down the line, so you should keep up with the times and see what people are doing or investing into, that's an important part of investment world, obviously we are talking about a situation that may take some time, because you are both working a regular job, also trading, and you need to study trading and all these combined leaves very few hours a day for you, maybe not even that much on busy days.

[synchronym]

The most important thing in trading is patience. Trading must be done with patience. Those who do not trade patiently. They can't benefit from much training if they are in too much of a hurry to trade. Long term trading should be done. Trading should not be too hasty. In the case of trading, you have to have a long-term plan, otherwise good success will not come.

[AakZaki]

And just expect that you'll get to learn from your mistakes as a newbie, that's the essence of starting this market.
Don't expect that you'll have a lot to get when you start because that's how it goes, you're not the best when beginning.
But if you persist and stay and apply all of those lessons you get from being newbie, it might be worth it.

being a beginner will make a good experience for trading. because no one can learn quickly without having bad experiences when starting trading. The error that occurs will be a task that must be completed and a solution to the problem will be found. This allows beginners to continue learning. I also experienced the same thing and in fact everyone else did too. From beginner to become a professional if they remain diligent in learning how to optimize trading knowledge.

[2girls]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

Market is always volatile we can never say that may be it is stable. Because every new day there is some dump comes in any coin which were waiting for a long even. But the problem is why people love to invest more in volatile coins?

Also there are many other coins which can be bought for the better trades but that should be on the right way I mean not having too much volatility in the coin otherwise there will be more risk.

[Nrcewker]

A newbie should give time to the market according to me. I have often seen people have a misconception that trading means quick and easy money overnight. But that’s completely wrong. The amount of money that you will make from trading completely depends on the risk that you are willing to take. But as you are a newbie, hence it’s advised to take less risk and get familiar with the market. Once you gain enough experience try different strategies and make desired amount of money.

[Dewi Aries]

And just expect that you'll get to learn from your mistakes as a newbie, that's the essence of starting this market.
Don't expect that you'll have a lot to get when you start because that's how it goes, you're not the best when beginning.
But if you persist and stay and apply all of those lessons you get from being newbie, it might be worth it.

being a beginner will make a good experience for trading. because no one can learn quickly without having bad experiences when starting trading. The error that occurs will be a task that must be completed and a solution to the problem will be found. This allows beginners to continue learning. I also experienced the same thing and in fact everyone else did too. From beginner to become a professional if they remain diligent in learning how to optimize trading knowledge.

Basically trading is very difficult, not everyone can get involved in this field and maybe only some of them have a warrior spirit and strong mentality that can go through all the processes they will experience. Achieving profits in trading is not as easy as turning your palm, you really need experience and very good skills but on the other hand it is not easy to get such knowledge and you will only be able to get all of that from the experience of the failures you have experienced.

That is why traders need a long time to be able to master everything until they can get a fairly consistent profit, therefore every trader must have a strong mentality because the risk of loss can never be avoided and one that can minimize losses so that they are not too significant is to continue to learn from mistakes to be able to develop skills and insights. I think all traders will definitely experience something like this in the initial process of their approach and to determine whether they will be able to become successful traders or not it returns to themselves, if they always work hard and never give up then I think there is success waiting for them ahead.

[traderethereum]

There is a lot to learn for someone who wants to have crypto market analysis skills. And it's not as easy as they imagine because most of them will stop in the middle of the road and many won't even be able to carry it out.

Agree with what you said but something good doesn't always come easy and it's better to bear with the hardness of having the rightful knowledge in crypto trading than be lazy and lose money in almost every trading which is the exact reason we see the stats of traders that quit trading to be higher than those that keep trading.

Good things often come with difficulty and that is where the challenge lies for us. If we are able to get through it, we can definitely get or achieve what we want.
But if we don't want to or are lazy, we won't get anything and we might even lose the money.
In crypto trading, we are required always to learn to analyze because the crypto market is always changing. And if we are not willing to learn more, we will find it difficult to profit from trading. We also definitely don't want to accept continuous losses, so we must be able to learn from many sources so we can improve our analytical skills.

[Myleschetty]

There is a lot to learn for someone who wants to have crypto market analysis skills. And it's not as easy as they imagine because most of them will stop in the middle of the road and many won't even be able to carry it out.

Agree with what you said but something good doesn't always come easy and it's better to bear with the hardness of having the rightful knowledge in crypto trading than be lazy and lose money in almost every trading which is the exact reason we see the stats of traders that quit trading to be higher than those that keep trading.

Good things often come with difficulty and that is where the challenge lies for us. If we are able to get through it, we can definitely get or achieve what we want.
But if we don't want to or are lazy, we won't get anything and we might even lose the money.
In crypto trading, we are required always to learn to analyze because the crypto market is always changing. And if we are not willing to learn more, we will find it difficult to profit from trading. We also definitely don't want to accept continuous losses, so we must be able to learn from many sources so we can improve our analytical skills.

Yeah, no one gets easy there's a sacrifice and devotion of time to analyzing the market. However, profit-making in crypto trading doesn't solely depend on knowledge trading and constant research about the market.
Crypto is not for everyone and if someone whose trading is not his thing trades with adequate knowledge he will still make a loss in the end.

[tbct_mt2]

Restoring a crypto/bitcoin wallet can be done with the phrase that we saved. Besides I doubt we can recover our Bitcoin wallet.

A wallet seed phrase or private key is key for your wallet recovery. If you have it, you can recover your wallet any time.

Another method is you will need a wallet file in backup and if it is an encrypted file, you will need a password to decrypt it and access your wallet private keys and bitcoins.

I really support your opinion regarding basic newbie matters. Know and be able to operate a Cryptocurrency wallet. Because it is very important for newbies to save their assets.

Before they can trade, they must have ability to store their bitcoin or cryptocurrencies safely. Because the advice is always "Don't use all money for trading" so the part is not used for trading, must be stored safely and not on centralized exchanges. People have to be able to secure their own wallets.

Trading, I think a good and safe thing for newbies is investment compared to trading. Trading is high risk, but also high return. Considering the volatile movement of crypto, trading carried out by newbies without experience and knowledge can result in big losses and potentially gambling.

Trading is risky and I really believe that hope to get rich with trading will cause massive loss. With trading, you can win big then lose big and you will need a lot of time to master trading and control your trading decisions.

[lombok]

A wallet seed phrase or private key is key for your wallet recovery. If you have it, you can recover your wallet any time.

Another method is you will need a wallet file in backup and if it is an encrypted file, you will need a password to decrypt it and access your wallet private keys and bitcoins.

Yups, as long as we are able to store it well and don't lose it, our wallet will always be safe. It is important to be able to keep the key and try not to have it or share it with other people.

Before they can trade, they must have ability to store their bitcoin or cryptocurrencies safely. Because the advice is always "Don't use all money for trading" so the part is not used for trading, must be stored safely and not on centralized exchanges. People have to be able to secure their own wallets.

Well, this is something that many people often miss and underestimate. Storing in a personal wallet is safer than in an exchange wallet which is prone to phishing cases, and is safe if at any time something bad happens to the exchange.

[Bitcoinpoly]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

With newbies, they should never touch trading with any type of trading.

They have to learn first about Bitcoin, how to store bitcoin safely when they buy it. What wallet to use for bitcoin storage, how to back up a wallet and recover a wallet.

Then after learning basics, they can buy bitcoin and store it in their non custodial wallet for their investment. Let me repeat, investment, not trading.

Trading is risky and newbies are more vulnerable to lose money in trading. Even senior people in the market can lose money with trading so don't expect newbies to get profit with trading.

I understand what you’re saying, basically you have to know that when a newbie copy trade from an elite trader it’s not the newbie who is doing the analysis. The people who do the analysis are the elite traders, your role is just to look for an elite trader with good previous record, copy their trader and take profit don’t be too greedy. Copy trading is not for only newbies, myself I get busy and copy trade from elite traders on Bitget, I prefer using Bitget because it shows traders profile, so I get the opportunity to choose the best trader.

[Best-mary]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

Don't forget about fundamentals. I wrote about it here https://bitcointalk.org/index.php?topic=5473619.msg63135587#msg63135587

The only thing left is greed and if we can get a way with it, it did be easy for any one

[michellee]

I understand what you’re saying, basically you have to know that when a newbie copy trade from an elite trader it’s not the newbie who is doing the analysis. The people who do the analysis are the elite traders, your role is just to look for an elite trader with good previous record, copy their trader and take profit don’t be too greedy. Copy trading is not for only newbies, myself I get busy and copy trade from elite traders on Bitget, I prefer using Bitget because it shows traders profile, so I get the opportunity to choose the best trader.

Unfortunately, many beginners don't know whether they are elite traders or ordinary traders. The amount of money a trader uses to trade does not guarantee that they are an elite trader because if someone has a lot of money and uses it to trade, he can also copy other people's trades.

They should learn about trading and not just copy trades from other traders. By learning to analyze, they will have useful skills to find the time to trade. Copy trading is not for all traders because, after all, they need good analytical skills. If they can learn more and can analyze well, they will definitely trade well.

As for the market, it will depend on each person's comfort. They have to find it themselves and don't just rely on advice from others.

[AakZaki]

Basically trading is very difficult, not everyone can get involved in this field and maybe only some of them have a warrior spirit and strong mentality that can go through all the processes they will experience. Achieving profits in trading is not as easy as turning your palm, you really need experience and very good skills but on the other hand it is not easy to get such knowledge and you will only be able to get all of that from the experience of the failures you have experienced.

That is why traders need a long time to be able to master everything until they can get a fairly consistent profit, therefore every trader must have a strong mentality because the risk of loss can never be avoided and one that can minimize losses so that they are not too significant is to continue to learn from mistakes to be able to develop skills and insights. I think all traders will definitely experience something like this in the initial process of their approach and to determine whether they will be able to become successful traders or not it returns to themselves, if they always work hard and never give up then I think there is success waiting for them ahead.

Sometimes there are some beginner traders who always work hard to learn how to trade well, but they don't have a good enough understanding and don't have a mentor. This will be quite difficult, but if he keeps studying it will gradually become easy to understand. In theory it might be possible, but in practice it will change greatly, because the fluctuating market makes anyone's mentality shaky when they first start trading. beginners certainly need to overcome these challenges in order to have an experience that will awaken them.

[Bitcoinpoly]

Restoring a crypto/bitcoin wallet can be done with the phrase that we saved. Besides I doubt we can recover our Bitcoin wallet.

A wallet seed phrase or private key is key for your wallet recovery. If you have it, you can recover your wallet any time.

Another method is you will need a wallet file in backup and if it is an encrypted file, you will need a password to decrypt it and access your wallet private keys and bitcoins.

I really support your opinion regarding basic newbie matters. Know and be able to operate a Cryptocurrency wallet. Because it is very important for newbies to save their assets.

Before they can trade, they must have ability to store their bitcoin or cryptocurrencies safely. Because the advice is always "Don't use all money for trading" so the part is not used for trading, must be stored safely and not on centralized exchanges. People have to be able to secure their own wallets.

Trading, I think a good and safe thing for newbies is investment compared to trading. Trading is high risk, but also high return. Considering the volatile movement of crypto, trading carried out by newbies without experience and knowledge can result in big losses and potentially gambling.

Trading is risky and I really believe that hope to get rich with trading will cause massive loss. With trading, you can win big then lose big and you will need a lot of time to master trading and control your trading decisions.

Investment is more safe but even before they invest they still need to understand a lot about the crypto space. It’s not just investing without having any knowledge. Before you can invest you should understand the potential profit and the potential loss, also the right investment to venture into, if I’m to recommend I will recommend Bitget Shark fin product for newbies to make money.

[Bitcoinpoly]

if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

There is no shortcut to this, Even though you want to do copy and paste trading, you need the basic knowledge about trading, that is, how to set t.p's and stop loss because sometimes an instructions maybe given to you by an expert trader that you copy to adjust stop loss or your take profits, and you don't know how to go about it, except if you're into exchange copy trading that is automatic where you don't need to do anything and the system does all the jobs for you.

Those are basics that involves little technicalities, newbies need to learn that compulsorily. Some exchange gives directions on how to set SL & TP most times possibly not all exchanges but Bitget does.

[barisbilgili]

A newbie should give time to the market according to me. I have often seen people have a misconception that trading means quick and easy money overnight. But that’s completely wrong. The amount of money that you will make from trading completely depends on the risk that you are willing to take. But as you are a newbie, hence it’s advised to take less risk and get familiar with the market. Once you gain enough experience try different strategies and make desired amount of money.

Those who understand by trading can make money according to their wishes quickly. I think they have misunderstood trading, there are many things that must be understood well to be able to trade and also we must really understand the market well and also know the risks what we will get if we make mistakes in making decisions in trading.

You are right, if we are new to trading, it would be better for us to use a little capital to be able to trade while understanding trading well and when we understand it well then we can do it with capital according to what we want to make a profit.

[Mahanton]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

6. Dont make yourself that easily believe into others trading analysis or recommendations
7. Dont get impulsive with your trading decisions
8. Dont get yourself that being impatient
9. Proper financial or capital management
10. Patience

These things might really be that just simply the basics but when you are on the actual situation or condition then it would really be that so damn hard to follow these principles.
This is why it would really be always best that we should be mindful on the steps that we are really that doing because if you dont then you would really be finding yourself on a tough spot.
Set out some goals or targets on hitting up a specific profit period on which it would really be just that depending on how well you do make out those decisions.
It might not be simple but its not something impossible to do so. It all matters with discipline.

[GeorgeJohn]

I think learning trading has a beginning but no end. Most of us, new or old, we read or know many guides about trading. Now if I give you some guidelines, you can do it like this, you can achieve possible success in trading, in fact you never will. Very easy to say, very difficult to do. One thing we should notice is how many people actually try to learn trading?  Who really understands how much?  If you toss a coin from above, it can land heads or tails, only your choice is here, luck favors it. Where trading falls within a fifty-fifty probability, no money is made.

Trading we learn trading every day by day and the more you learn trading practice trading the more you get more exposure in trading, so therefore I believe that trading have to do with continuous experience but people who is new in trading may think that maybe trading is something that have to with one time learning, so we can't use trading to compare with gambling because is like book the more you read a particular book the more you understand the objective of the author. So what trading really needs is a continuous practicing and the more you practices trading the more you acquire more techniques to overcome obstacles of trading

[Out of mind]

As a new user, many people understand very little about trading and crypto. That's why many times many people come to trading and face losses, and they lose money. Basically, new users think that it is possible to become rich in a short period of time by trading, but actually this is not true. A new trader must follow all these steps for trading, otherwise he will never make a profit. When you start training in the market you can definitely face volatility so never get discouraged but be patient, it will help you in future. And it can be different in trading, so know the market well and learn to analyze it. You will never be greedy there are always losses so trading with patience and understanding can be profitable. And the person who follows these strategies will definitely be able to make money in the future.

[JunkieMiner]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

Demo trading before starting the real trading would be very beneficial for a newbie who even didn't know about trading. First he have to learn more things in that trading and then he have to take a better yield profit in order to make its own profit.
The trader who are new in trading should have to know the coins prices before he wants to make a trade in them. Otherwise he can lose his assets which he prepared for the first time.

[Maslate]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

No matter how you are going to educate newbies in trading, its undeniable that we will still see them trading like gambling at first. Trading with lack of experience is still like playing gambling, you are just waiting for your luck to favor you so you can win and beat the other players. But as you go on trading every now and then, your knowledge and skills will improve and develop, your strategies will be more enhanced as well, that made you a better trader in the process. Experience will always be the best teacher as they say, and has been proven by everyone that succeeds in trading.

[tvplus006]

Demo trading before starting the real trading would be very beneficial for a newbie who even didn't know about trading. First he have to learn more things in that trading and then he have to take a better yield profit in order to make its own profit...

Of course, demo trading is useful for beginners, but you don't need to exaggerate its value either. As long as the losses are virtual, the trader will not be able to assess all the risks associated with trading. And only the real loss of his money when trading will force him to take up training again in order to minimize losses and accordingly make a profit.

[Bitcoinpoly]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

No matter how you are going to educate newbies in trading, its undeniable that we will still see them trading like gambling at first. Trading with lack of experience is still like playing gambling, you are just waiting for your luck to favor you so you can win and beat the other players. But as you go on trading every now and then, your knowledge and skills will improve and develop, your strategies will be more enhanced as well, that made you a better trader in the process. Experience will always be the best teacher as they say, and has been proven by everyone that succeeds in trading.

Newbies trading does not amount to gambling if you opt in for copy trading, it can only seem like trading when you decide to trade at any time without any directive from anyone. Bitget copy trading is a feature that has a lot of elite traders who are professionals with good trading history.

[gunhell16]

I think learning trading has a beginning but no end. Most of us, new or old, we read or know many guides about trading. Now if I give you some guidelines, you can do it like this, you can achieve possible success in trading, in fact you never will. Very easy to say, very difficult to do. One thing we should notice is how many people actually try to learn trading?  Who really understands how much?  If you toss a coin from above, it can land heads or tails, only your choice is here, luck favors it. Where trading falls within a fifty-fifty probability, no money is made.

Trading we learn trading every day by day and the more you learn trading practice trading the more you get more exposure in trading, so therefore I believe that trading have to do with continuous experience but people who is new in trading may think that maybe trading is something that have to with one time learning, so we can't use trading to compare with gambling because is like book the more you read a particular book the more you understand the objective of the author. So what trading really needs is a continuous practicing and the more you practices trading the more you acquire more techniques to overcome obstacles of trading

The more practice we do, the more we learn to get. This is better than just learning, and then we lack the application of what we have learned in crypto trading. So you're right, dude. I agree with what you mentioned.

This means that for newbies who will try to get into the crypto space, we should apply the theories we discover to actual trade so that we or you know if you are learning something from what you are studying about trading, right?

[irhact]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

Many individual still think trading is gambling, this make them to not take trading serious to learn how to trade properly, they just start trading and get lucky then they think they're experts and starts risking more. After sometime, the reality catches up with them and they begin to lose as they didn't understand how the market is moving. Newbies need to learn and take interpreting of chart serious as that shows, you know what you're doing.

Interpreting your own charts make you become a very experienced traders as when you make mistakes you can learn from the mistake and improve on the things you didn't understand while interpreting the other chart that you lost. Interpreting your own charts will make you not to rely on other traders or signals groups or channels for trading signals. Depending on others won't make you a profession or profits all the time and can't take you lessons.

[MFahad]

Many individual still think trading is gambling, this make them to not take trading serious to learn how to trade properly, they just start trading and get lucky then they think they're experts and starts risking more. After sometime, the reality catches up with them and they begin to lose as they didn't understand how the market is moving. Newbies need to learn and take interpreting of chart serious as that shows, you know what you're doing.

Interpreting your own charts make you become a very experienced traders as when you make mistakes you can learn from the mistake and improve on the things you didn't understand while interpreting the other chart that you lost. Interpreting your own charts will make you not to rely on other traders or signals groups or channels for trading signals. Depending on others won't make you a profession or profits all the time and can't take you lessons.

People who don't know anything about trading may consider trading as gambling.Although there is a lot of difference between trading and gambling, a skill and experience for trading helps to give good profits. It is not necessary that a person who does not know anything about trading and considers trading as gambling should start making profits as soon as he starts trading.

I have not seen such fortune of anyone, but such people waste their money from the beginning. Apart from chart interpretation for trading, there are many other things that can be done to make good trading. Different indicators can be used, One should always keep an eye on the projects updates and their news, it can help a lot in earning good profit in trading.

[kojektea]

Copy trading is one of the best alternatives for newbies. I am grateful that many markets now have this feature, which makes it easier for us as beginners to immediately dive into the world of trading without having to worry about our own decisions. It's like we have a mentor who is open to guiding us directly just by following how they trade. makes beginners learn faster with low risk.

[tvplus006]

Copy trading is one of the best alternatives for newbies. I am grateful that many markets now have this feature, which makes it easier for us as beginners to immediately dive into the world of trading without having to worry about our own decisions. It's like we have a mentor who is open to guiding us directly just by following how they trade. makes beginners learn faster with low risk.

Copy trading is not a panacea, as you copy the trades of traders who, like you, can make wrong decisions. Personally, I made several attempts to get passive income in this way, but all my deposits that I connected to copy trading were eventually liquidated by the exchange.

[Eldestyoung]

The best advice I can give to any newbie in trading is for he/she to know what he/she is doing.

Just as the Bible says: study to show yourself approve, before you venture into trading you must learn about everything that has to do with trading and be well equipped.

[BitcoinsGreat]

The best advice I can give to any newbie in trading is for he/she to know what he/she is doing.

Just as the Bible says: study to show yourself approve, before you venture into trading you must learn about everything that has to do with trading and be well equipped.

Well there are people who are well equipped with trading expertise and trading knowledge, yet they lose in trading. The reason is that trading knowledge won't always make you win the trades as there are a lot of whales play and manipulation in this industry. The only thing which can sav EU's in trading is money management.

Without money management skills you cannot be a good trader, no matter how much you know about technical and fundamental analysis.

[Mame89]

No matter how you are going to educate newbies in trading, its undeniable that we will still see them trading like gambling at first. Trading with lack of experience is still like playing gambling, you are just waiting for your luck to favor you so you can win and beat the other players. But as you go on trading every now and then, your knowledge and skills will improve and develop, your strategies will be more enhanced as well, that made you a better trader in the process. Experience will always be the best teacher as they say, and has been proven by everyone that succeeds in trading.

Agreed. Trading without having knowledge is the same as gambling just relying on luck. For me, the first step for beginners before starting trading is to determine our own goals and risk tolerance by continuing to learn so that the knowledge gained becomes broader. And it is highly recommended to learn on this forum, because this forum is very complete about trading. Because if we know the facts about investing and follow it up with a smart plan, they should be able to gain financial security for many years.

In essence, if we want to be successful in trading, we must be responsible for our emotions, not blame other people. Apart from making us feel even more guilty for our mistakes, pointing fingers at others will only increase our sense of personal responsibility. Because there is always a risk in every investment, but people still invest and succeed. we have to look outward if we want to be successful in life.

[Finestream]

My only trading advice for newbie is that, don't risk in trading when you're not yet ready. A lot of newbies want to trade quickly because of the desire to gain early income, even without sufficient knowledge and various experiences in the market. Instead of expecting a profit, you'll only end up with an instant loss. Trading never makes you an instant winner, but an instant loser indeed.

While trading in the market is always hard in the beginning, the reason why newbies should develop trading skills and good experience before rushing to trade. And that will only be achieved if you take time to learn the process in trading.

[FinePoine0]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

The most important thing for beginners to learn is that they should not be overly greedy. A trader must understand the speed of the market and buy and sell properly, if he can buy when the price is low and if he can sell after the price rises, then surely a trader can be successful. It is better to be satisfied with a small amount of profit in the beginning, if there is excessive greed then people are more likely to face the front.

[sulendra12]

3. Take your time to practice demo trading before going into real trading.

You don't really need to practice in demo trading because the experience and emotion you could get in real trading doesn't really apply in demo trading, you feel nothing when you trade on it because it's not your money. Sure, it's fine to try your trading strategy before implement it in real trading but it doesn't really matter if you don't have chance to try it especially with the endless amount of possibilities in real trade.

[abel1337]

3. Take your time to practice demo trading before going into real trading.

You don't really need to practice in demo trading because the experience and emotion you could get in real trading doesn't really apply in demo trading, you feel nothing when you trade on it because it's not your money. Sure, it's fine to try your trading strategy before implement it in real trading but it doesn't really matter if you don't have chance to try it especially with the endless amount of possibilities in real trade.

Yep, it's not a requirement but I think that it is a great help especially for those who are trying to learn trading. They are trying to get the grasp of trading in a real trading environment even if they are not using real funds to trade. Demo trading is a good feature that we can use, even traders with experience can use it to try techniques that they want without risking their valuable assets.

Not all newbies used demo trading account, some of them trades straight out of their money. We all have different financial capabilities and I understand the both worlds. It's still nice to have this option for newbies who want to practice without spending money.

[borovichok]

3. Take your time to practice demo trading before going into real trading.

There are advices that will be given but newbies will think it's one of the means to prohibit them from trading, if you're a newbie, don't open any trade option without comprehending with appropriate knowledge what the marker is all about, I don't want the mistake that happen to me repeat itself to any one I've known or seen online. Yeah, you're right. A newbie ought to become practically balance and accurate in triggering open trade and also closing trades on demo account for preparation for the main tasks ahead, before hooping for the real acounts.

[boyptc]

3. Take your time to practice demo trading before going into real trading.

There are advices that will be given but newbies will think it's one of the means to prohibit them from trading, if you're a newbie, don't open any trade option without comprehending with appropriate knowledge what the marker is all about, I don't want the mistake that happen to me repeat itself to any one I've known or seen online. Yeah, you're right. A newbie ought to become practically balance and accurate in triggering open trade and also closing trades on demo account for preparation for the main tasks ahead, before hooping for the real acounts.

And when they get into the real trading, it's fine to start with the minimum amount that the exchange requires them or even more than the minimum as long as they can take the possible loss of their actual starting capital.

Expect that it's not an easy thing for them when they start because everyone should start somewhere right? While for most of the starters, it's always like that.

Most results will be against to their will but after several trades and when you know how trading actually works, you'll create a strategy that you might want to test then.

[Sanugarid]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

It's true that gambling is very different from trading, gambling is more about reducing or wasting money, you need luck in gambling to win. In trading you need skills, strat, understand well etc. The only thing they have in common is High risky. Being greedy is in people and it will never go away.

[MFahad]

It's true that gambling is very different from trading, gambling is more about reducing or wasting money, you need luck in gambling to win. In trading you need skills, strat, understand well etc. The only thing they have in common is High risky. Being greedy is in people and it will never go away.

There is no doubt that there is risk in trading, but we can minimize it based on our skills and experience. This is the main difference between a new and an experienced trader that he never trades with high risk of loss. The temptation to profit is present in everyone, but it is never meant to trade in a way where you try to make both profit and loss at equal rates. Risk is everywhere, but in cryptocurrency trading we cannot say that all cryptocurrencies are high risk. Some may have more risk and some may have less risk, but it is up to us which one we prefer.

The difference between gambling and trading is that in gambling you are playing on a 50% of profit and loss. Whereas in trading you know that your chance of profit is more and the risk of loss is less. If, however, one trades with the thought of taking the risk and ignoring the percentage of profit and loss, then there is no difference between trading and gambling.

[|MINER|]

Trading is a bit risky for beginners but not impossible.  There are many lessons for beginners in trading.  Understanding the market situation is one of them.  One should act with intelligence. One cannot be greedy.  You have to invest little in the beginning because at this time the risk is high. You have to withdraw the money with little profit without trading repeatedly.  It is better to invest some amount of money every day.  Experienced in trading should be followed.  It is a time-consuming thing to master. But if you work hard, success will come.

[dderekwalcott]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

The way you advise that would be helpful every welcome trader's.your skill development suggestions make people inspire to invest in trading.Trading and gambling both are risky attempt but once anyone learn it, it will be much easier for everyone later on .

[bayu7adi]

2. Learn how to analyze chart

For those who prefer long-term trading, it's not necessary. Fundamental company analysis or related coin is sufficient... afterward, price fluctuations shouldn't affect emotions and decision making. I'm talking about trading for a period longer than 1 year, not day trading. Because, until now, the best practice in my opinion is to hold for a long time. Low risk, low effort... just make sure you have main income to survive.

Well..it doesn't mean I discourage people from analyzing candlesticks... go ahead if you need . However, for newbies, analyzing charts should be on  number 4. It takes a long process and a good sense for things like this.

[Pandu Geddon]

2. Learn how to analyze chart

For those who prefer long-term trading, it's not necessary. Fundamental company analysis or related coin is sufficient... afterward, price fluctuations shouldn't affect emotions and decision making. I'm talking about trading for a period longer than 1 year, not day trading. Because, until now, the best practice in my opinion is to hold for a long time. Low risk, low effort... just make sure you have main income to survive.

Well..it doesn't mean I discourage people from analyzing candlesticks... go ahead if you need . However, for newbies, analyzing charts should be on  number 4. It takes a long process and a good sense for things like this.

I don't know why more beginners are interested in day trading. or futures trading. they learn how to increase trading risks and want to earn bigger profits.
They should know that such trading is not for beginners. but you can also see that many people around us are more interested in future trading than holding long-term.
especially for beginners who make daily trading their job. I don't know how such a trader is confident about his opening trades. and it would earn him money to eat that day.

[Rozzinator]

As I understand, a house-edge is involved in gambling, hence the odds, whilst not stacked against you, are perhaps less favourable in comparison to trading. That said, if you look at something like leveraged margin trading or perpetuals, the risks can be a lot greater in trading!

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

It's true that gambling is very different from trading, gambling is more about reducing or wasting money, you need luck in gambling to win. In trading you need skills, strat, understand well etc. The only thing they have in common is High risky. Being greedy is in people and it will never go away.

[Distinctin]

Demo trading before starting the real trading would be very beneficial for a newbie who even didn't know about trading. First he have to learn more things in that trading and then he have to take a better yield profit in order to make its own profit...

Of course, demo trading is useful for beginners, but you don't need to exaggerate its value either. As long as the losses are virtual, the trader will not be able to assess all the risks associated with trading. And only the real loss of his money when trading will force him to take up training again in order to minimize losses and accordingly make a profit.

While it could be considered useful for beginners, but it’s never a compulsory. Some few traders still manage to trade successfully without going through demo trading. Experience has molded them to be more skilled and proficient traders, and of course with patience that is necessary when trading.

Unless real traders won’t experience consistent losses, they will not be forced to deal with trading seriously. Trading is not easy but certainly hard, that’s why if you only trade without long term motivation, it’s better to just quit before you suffer from huge, painful losses.

[tygeade]

2. Learn how to analyze chart

For those who prefer long-term trading, it's not necessary. Fundamental company analysis or related coin is sufficient... afterward, price fluctuations shouldn't affect emotions and decision making. I'm talking about trading for a period longer than 1 year, not day trading. Because, until now, the best practice in my opinion is to hold for a long time. Low risk, low effort... just make sure you have main income to survive.

Well..it doesn't mean I discourage people from analyzing candlesticks... go ahead if you need . However, for newbies, analyzing charts should be on  number 4. It takes a long process and a good sense for things like this.

Such as me, I do long term investment and I believe that it is not going to be all that confusing or great, I believe that we are going to end up with something that would be a bit harder to handle and we should not really focus on the indicators. I am not saying short term traders shouldn't, if you are someone who does day trading that indicators are all your life, it is just part of your day, and that means you need to learn them like back of your hand.

However, we need to figure out a way to just hold long term, find some money to do that, and then we do not need indicators if we do that part. I personally hold long term, so indicators mean nothing to me, I just buy and hold, what could indicators do to help me with that.

[ABSMMS]

- Use once every day
- to implement a #smart #contract it takes time, not 5 minutes.
- #Meta #Musk #wallet, #Ethereum Mainnet #network, #WETH #token
- use the acceptable low #Gwei fee when concluding a #transaction
- from ten #cents you won't get anything
https://docs.google.com/document/d/19TLgz-oAOFGL659JnllEUrtXBEtjydH5I4o05pzcUj0/edit?usp=sharing
https://www.youtube.com/watch?v=VX0HiSz_5UA

[Awaklara]

2. Learn how to analyze chart

For those who prefer long-term trading, it's not necessary. Fundamental company analysis or related coin is sufficient... afterward, price fluctuations shouldn't affect emotions and decision making. I'm talking about trading for a period longer than 1 year, not day trading. Because, until now, the best practice in my opinion is to hold for a long time. Low risk, low effort... just make sure you have main income to survive.

Well..it doesn't mean I discourage people from analyzing candlesticks... go ahead if you need . However, for newbies, analyzing charts should be on  number 4. It takes a long process and a good sense for things like this.

Such as me, I do long term investment and I believe that it is not going to be all that confusing or great, I believe that we are going to end up with something that would be a bit harder to handle and we should not really focus on the indicators. I am not saying short term traders shouldn't, if you are someone who does day trading that indicators are all your life, it is just part of your day, and that means you need to learn them like back of your hand.

However, we need to figure out a way to just hold long term, find some money to do that, and then we do not need indicators if we do that part. I personally hold long term, so indicators mean nothing to me, I just buy and hold, what could indicators do to help me with that.

Some people do both activities simultaneously. long term investment and also short-term trading. People who invest long-term always understand the market situation, and they will be more patient in waiting for good momentum to gain profits. and as for day trading, it is quite difficult to do even for people who have been trading in the market for a while.
we have to admit that daily trading is not easy to do and make a profit. especially for beginners who currently think it is very easy to make a profit from daily trading. it's not as simple as buying low and selling high. There are many trading techniques and strategies that must be understood. Nobody forbids it, but it would be better to understand it first before trying with our big money.

[Cryptmuster]

Such as me, I do long term investment and I believe that it is not going to be all that confusing or great, I believe that we are going to end up with something that would be a bit harder to handle and we should not really focus on the indicators. I am not saying short term traders shouldn't, if you are someone who does day trading that indicators are all your life, it is just part of your day, and that means you need to learn them like back of your hand.

However, we need to figure out a way to just hold long term, find some money to do that, and then we do not need indicators if we do that part. I personally hold long term, so indicators mean nothing to me, I just buy and hold, what could indicators do to help me with that.

Not long ago I watched a video with a market maker who talked about how they can influence indicators in certain trading pairs, so manipulators can play on traders' expectations. I think this is possible at a local level, so it will not have such a big impact for long-term traders. Day trading is one of the most difficult, and it will be very difficult for a beginner in this type of trading to make money, but as practice shows, beginners most often decide to start with day trading.

[Ricardo11]

Of course beginners should not start trading, they should first gain experience by trading on a demo account. They have to be proficient in every subject and they have to do market research all the time. Because trading without knowing anything in a new situation is more likely to lose. So beginners should start trading after first gaining experience by trading on demo account and knowing everything well.

[God bless u]

Trading is a bit risky for beginners but not impossible.  There are many lessons for beginners in trading.  Understanding the market situation is one of them.  One should act with intelligence. One cannot be greedy.  You have to invest little in the beginning because at this time the risk is high. You have to withdraw the money with little profit without trading repeatedly.  It is better to invest some amount of money every day.  Experienced in trading should be followed.  It is a time-consuming thing to master. But if you work hard, success will come.

Trading is risky for all trader not for only beginer because from market condition no one can know that what will be the future. From the past we are seen that one news can change the condition of market while it is bad or good. The most mistake of beginer are not to trade with patience and sold out all bought coins in loss.

It's the good for those who have good investment because who can get profit he can bear the loss. The best trader are those who in large amount of money and they can give time to trading. And should wait for it.

[RewFrew]

Welcome to Newbies to cryptocurrency and cryptocurrency trading. Trading is no very easy. For trading we need to proper knowledge about trading. Trading is very risky. So to start trading as a newbie everyone need to learn More and more. Training is not gambling although both are huge risky. I will advice for newbies please study regularly and spend time on This Forum and read crypto related new. You have to gather knowledge properly without proper knowledge anyone couldn’t gain or profited from trading. Without proper knowledge if anyone invest on trading he will be huge losser there has no doubt. To start trading you need read crypto related block, new and others source. If you follow all properly and then trade, you will be profited today or tomorrow.

[kawetsriyanto]

It's true that gambling is very different from trading, gambling is more about reducing or wasting money, you need luck in gambling to win. In trading you need skills, strat, understand well etc. The only thing they have in common is High risky. Being greedy is in people and it will never go away.

Some gambling games also need skills, too. And people also could earn money from gambling although it relies on the luck. However, the chance to win in gambling isn't as big as in trading, mostly the win chance 50/50. Meanwhile in trading, we can increase the chance to take profits if we have good skills and use proper strategies. So, that's the reason why we must have a learning process in trading. It is very recommended to focus on having good knowledge first as a newbie.

Regarding the risks, both gambling and trading have high risks. But in trading, we can deal with the risks if we have good knowledge. Meanwhile in gambling, the risks remain the same even if we have knowledge and experienced enough. Moreover for luck based games such like Slots, there is no way to avoid the level of risks. The chance to lose money will be always 50/50.

[Lantind]

Welcome to Newbies to cryptocurrency and cryptocurrency trading. Trading is no very easy. For trading we need to proper knowledge about trading. Trading is very risky. So to start trading as a newbie everyone need to learn More and more. Training is not gambling although both are huge risky. I will advice for newbies please study regularly and spend time on This Forum and read crypto related new. You have to gather knowledge properly without proper knowledge anyone couldn’t gain or profited from trading. Without proper knowledge if anyone invest on trading he will be huge losser there has no doubt. To start trading you need read crypto related block, new and others source. If you follow all properly and then trade, you will be profited today or tomorrow.

What you have explained is very helpful for beginners to be careful in preparing themselves in starting to trade, because anyone who does not have any preparation in the trading they do will make the wrong decisions in the trading they do and also It is very important for us to really understand it first so that we can make a profit from the trade we are going to make and don't lose the money we have from the trade.
Whatever they have learned correctly, it is very likely that they will get results according to what they have learned and continue to update their knowledge so that they can still make profits from trading.

[irhact]

Trading is risky for all trader not for only beginer because from market condition no one can know that what will be the future. From the past we are seen that one news can change the condition of market while it is bad or good. The most mistake of beginer are not to trade with patience and sold out all bought coins in loss.

Newbies and professional traders have different reactions to the conditions of the market changing. A newbie will be panicking and selling his tokens but a professional trader won't do that as he knows how the market behave and have understand the market. Newbies shouldn't rush to make decisions when trading as some of the decisions would be wrong. Newbies shouldn't think that the market will keep moving in one direction but they should know that the market changes direction always.

A newbie should take profits when trading, don't think that a project will keep pumping always. Take profits and relax and you won't be losing when you're trading. A newbie trader should have a stop loss option activated on their account when trading. Stop loss will help prevent you from losing more when the market starts dumping. Stop loss can also help you to sell in profits when the market is dumping.

[snowpega]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

Dear, To be very honest there are a lot of things a newbie should keep in mind in the crypto space before starting trading well those key points you aforementioned are also good and a newbie should keep in mind before starting trading besides that newbie should have control over impulsive decisions because if he doesn't have control over it he/she has to face some loses and many newbie traders fall prey to FOMO easily due to insufficient knowledge.

on the other hand many newbie trader fall prey to greed as you also mentioned above. they start to take many trades in day which is the very bad habbit a newbies should also have control over this bad habit if he/she will not control his/her this bad habbit he/she will destroy his/her net portfolio n a short time frame.

[Tipeform$]

New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

OP All the trading strategies you have covered here I think all these trading strategies will play a very important role for a new trader. But what I know as a newbie is that you can't be too greedy while trading, never lose patience while trading and you must be experienced about volatile markets if all these qualities are present in a trader then I think a trader is trading. Can survive by trading on the platform. But it must always be acknowledged that trading is not an easy way to make money.

[Vaculin]

Several discussions about Trading and Newbie's advice, yet many newcomers fail to follow, many still fail.
The is why?  it varies on several factors
 - it was not just because we read, we can perfectly understand it
 - it is not just we know the tips/ideas, we can make them right as it matters in the decision-making and application

Honestly, it was too easy for us to say do this and this but feel it hard in an actual scenario. Most of us just noticed it was wrong when it was done already.

[LastKiss]

Several discussions about Trading and Newbie's advice, yet many newcomers fail to follow, many still fail.
The is why?  it varies on several factors
 - it was not just because we read, we can perfectly understand it
 - it is not just we know the tips/ideas, we can make them right as it matters in the decision-making and application

Honestly, it was too easy for us to say do this and this but feel it hard in an actual scenario. Most of us just noticed it was wrong when it was done already.

Yeah since we never know where the market movement then the near possibility that we can predict where the market moves is only from analysis, but in the end just like you said still many people fail at making decisions. Not because their decision is wrong but because the market is hard to predict and when we get wrong we can use that as our experience and keep growing, lots of things influence our decision making like our greed, lack of experience, panic, lack of patience, etc.