How do I succeed as a trader in 2024

[kioprince]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

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[Nheer]

What you need is dedication, self motivation and most importantly knowledge.

Trading requires knowledge and patience and only the strongest minded people succeed in trading. It takes more than just waking up and deciding to become a trader. You can achieve success if you are mentally prepared and committed towards achieving your goal as i believe that is the first step towards achieving success.

Go through some comments on the link below you could find some useful information that will help on your journey.
https://bitcointalk.org/index.php?topic=5436046.0

[Oshosondy]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you haven't got months or years of experience in trading, do not trade in 2024 is my advice. Or you should use the amount of money that you can be able to lose on trading. 2024 is a bull run time, I will advise you to hold as much as possible coins like bitcoin. Holders will make much profit in 2024.

[leonair]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Every year is same for every traders When it comes to trading, you first need to learn technical analysis and a good understanding of crypto. On the other hand, you need to have self-control to prevent yourself from panicking and making wrong decisions.  Panic is one of the most common reasons for losses in trading and gambling. So if you are an expert in trading then every year will be almost equal for you. But if you can't become an expert then you will lose every year. 2024 is not any matter

[Barikui1]

My only advice to you as a total novice, just buy and hold, there will be bull run next year and it is the year for holders, start DCA into Bitcoin now, so you wouldn't miss out.
But in other to be successful in the crypto space, go for knowledge first, so that you will be sophisticated enough to know how to navigate your way In the crypto industry .

[yhiaali3]

The year 2024 is expected to be the year of the Bull Run, especially after the Halfling, so if you do not have sufficient experience, it is better for you to avoid entering the year 2024.

The best advice is to accumulate Bitcoin starting from now until the halving, there is still plenty of time and a good opportunity before Bitcoin rises to a new high.

I also advise you to listen carefully to what @Oshosondy says because he has good experience in trading, and taking his words into account will be very beneficial to you and may save you from a huge loss that you may suffer.

[Zanab247]

If you know how to trade crypto in the market, just ensure you save some money in this 2023 against 2024 , if truly you want to have a good plan that will make you success in the future. If you want to invest the money, don't use money that you can't hodl for long to buy crypto because, it will not help you to improve financially in the community but if you want to improve financially next year ensure you apply long hodling in your coins and wait for the price to rise higher before you can sell.

Don't forget that the price of coins will soon go higher in the market and, you can still buy in this bear run to be part of those traders that will make some different from their trading next year because everyone plan against next year is to improve higher next year.

[shushu9977]

Trading is a good idea. If you have a good knowledge and analysis it properly, then it will help to earn more money from trading. You invest in good coins like top coins or growth coins which give you huge profit.

[goaldigger]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

1. Learn everything about trading.
2. Prepare yourself, emotionally, financially and physically.
3. Stop aiming for an easy profit because profit in trading will always take time.
4. Create a good strategy that will work based on your own timeline.
5. Don't rush things, do this slowly but surely.

It's good that you are actually considering this and starting to have a better plan for next year, just enjoy the process and stay committed. 

[EarnOnVictor]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading is good and has helped some people, and it never started today, but it is not without challenges too, especially the risks involved. Random forum information about trading can't be the best way to go about it too, you have a lot to read and I believe that Google will be the best place for you in this regard. You can search it with keywords related to EasyForex and Investopedia and I am sure that a lot of knowledge imparting articles about trading will pop up. You can do other searches aside from that and you will be just fine. A search on trading "e-books" as a keyword can help you too, you might be lucky with great authors using this approach.

But know that trading is not a child's play, it is not as easy as many think, it is when they get there that they know the truth. Also, maybe you have heard about the coming opportunities in Bitcoin and cryptocurrencies, well, it is not about trading alone but investments as well which is easier. You can buy Bitcoin and other altcoins to earn easier than trading itself and continue to manage your portfolio wisely.

[Nrcewker]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Advices won’t give you profit in trading. Moreover, it’s seen that newbies don’t make profit so easily at their initial days of trading. Trading requires discipline and patience. If you have these then definitely, you can make the profits quickly from trading. Before actually trading, it’s important to gain knowledge. Do theoretical analysis before and understand the market, then put real money. If you do the preparation well, then definitely you can make good profits while trading.

[wtsimis]

A trader is successful only when he can control himself. If you have enough knowledge and technical analysis about crypto then you can definitely succeed in trading. If the market suddenly turns bearish, one cannot panic and make wrong decisions. Because you may face huge losses due to this fear of yours. Usually for a trader it is always the same. But if you are a successful trader then you can definitely hold Bitcoin for 2024.

[bitzizzix]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

2024 is only a few days away, have you learned everything related to trading and also how to analyze cryptocurrencies. Trading is not an easy job and really requires sufficient experience and knowledge because these two things are very important for you to have before doing it.
Because you are a beginner, you should start trading with small capital while learning and looking for the best information to help your trading. And my advice, prioritize owning Bitcoin and buy it as soon as possible before the price goes up, and do it gradually according to your ability and do it for the long term to get good profits.

[kentrolla]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you haven't got months or years of experience in trading, do not trade in 2024 is my advice. Or you should use the amount of money that you can be able to lose on trading. 2024 is a bull run time, I will advise you to hold as much as possible coins like bitcoin. Holders will make much profit in 2024.

I am sure they would and it would be difficult for new traders to get into trading during 2024 as expected bull run will either make their strategies look bad or vice versa because we will see increase if value of most of the coins. Hodling and waiting would be better option than trading during this period only if you are a new trader but for existing ones it would be business as usual.

[Yamane_Keto]

Trading is not a suitable option in the year in which halving occurs, as the price of Bitcoin is forced to rise insanely, and then the prices of altcoins take a slightly downward curve. Do Dollar Cost Averaging until next June and then consider trading.

[Lanatsa]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

When it comes to trading or simply zero knowledge then this would be a good start up site or platform;
•Babypips.com

This isnt really just that good for forex since this is highly that based or focusing about technical aspects and terms but this would really be the best step that you could
really be able to follow at least and trying out to finish those free courses until you would really be having that a good grasps on everything. It wont really be easy and it wont be short.
This is why patience and perseverance is really that much needed. You wont succeed on learning everything if you would be making yourself that in a rush.

Theer are people who are really taking the pace slowly but surely comparing into those who are in rush on learning but ended up on tons of mistakes.
Dont  rush yourself on being successful because trading skill isnt something that you could acquire on very short time. It would be needing those tons of
trials and errors along the way before you could be having that good grasps into it. Learning would really be a never ending thing.

[Yamifoud]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

What you gonna do OP as a beginner is to gain knowledge first, you can try demo accounts as a practice as you can use this in actual trade. Focus on gaining experience, not on earning a profit. You will surely suffer losses in trading due to some mistakes but never be afraid of it instead consider this as a tool for you to improve. You can watch tutorials online and get some ideas there. But have to say that don't get too stressed and overtrade because this is not a healthy practice and this is one reason why you fail. Enjoy what you are doing, this is very important and if you find out that was not effective, stop for a while and think about the reason why before doing it again.

[batang_bitcoin]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

It is not as easy as asking this question. It should start from you to become a dedicated trader and it all takes a lot of experience and effort before you can say that you are a profitable and successful trader. I'd say that just try to learn the process of trading and you'll have failures here and there and with those, you'll get to see how you can become a successful one from learning with all of those mistakes.

[poodle63]

succeeding in trading requires many factors and one of them is luck, the thing with trading is that, its difficult than you are imagining some people consider trading to be easy because they haven't traded enough.
once they have traded enough they know that trading is kinda difficult. even more so the fact that trading requires emotional stability even at the worst scenario when the price might be dumping.
I think if you truly pursue success you should be just investing and holding, just wait the market dumps then you can invest, though it might be long term investment but overall its easier than trading.
but if you really want to be successful from trading maybe because it only requires short term, then I guess be sure to follow the old trading rule of buying the rumour sell at the news.
that way you can profit, also at bullrun, many coins tend to increase in price, i think its also a good thing to know that trading might be easier this time arounds.

[Baki202]

A trader is successful only when he can control himself. If you have enough knowledge and technical analysis about crypto then you can definitely succeed in trading. If the market suddenly turns bearish, one cannot panic and make wrong decisions. Because you may face huge losses due to this fear of yours. Usually for a trader it is always the same. But if you are a successful trader then you can definitely hold Bitcoin for 2024.

A trader leads a different life than most people because they have to be in complete control of their actions, including spending money and time. They also have to sacrifice a lot of time studying to understand what they are doing, as well as money, but only because they want to invest. Finally, they must understand technical analysis, which takes time but can be very beneficial if done consistently. Some people may even be afraid to sell their assets because of news that could turn bearish, but traders who have common sense will refuse to sell under all circumstances, and I have a strong conviction that 2024 will be a prosperous year.

[bocyaj]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Now the market was steady at the 42k mark,So the traders should not panic by seeing the bear market.The fluctuations was the fundamental in the crypto economy,So the market must be very cautious.The trader should learn the trading with some basic skills in the trading,the trader who doesn’t understand the trading can quit the trading at the beginning.Because after they committed to the trading as the full time job, they should learn to do trading in the long run.

Because the trading with the longer duration will give more money to the trading people in the crypto currency market.The reason was such traders will keep analysing the market and the price variation in the particular coin for the longer period using the trading chart of that coin.

[I_Anime]

To succeed in trading is to first learn how to control or manage your risks, in trading what most people don't know is that trading not just about the number of profit you made is the number of risk and losses you've reduced. For instance you might make alot of profit just in one day but just a slight mistake might lead to you losing all those profits ones. So focus on minimizing your losses and gathering little profits as time goes on you will see the progress in your trading.

[GreatArkansas]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you already started, I can say continue, and for those people who still have not started to trade, start it now.
On the other hand, continue to learn even if you already made some profits, learning in trading, especially in the tech world will not stop. And risk management is a must, even how much your portfolio or trading account balance, risk management is a must!

[ice18]

Based on my personal experiences wayback when I first started trading this is not an easy goal, you need a lot of patience when entering crypto. Learn to control yourself, emotions and stick to your plans, market is really unpredictable so expect the unexpected this kind of business is too risky so better think twice before entering your hard-earned money into crypto, Goodluck on your journey. 

[el kaka22]

I think trading could eb a good resolution for 2024. However, if you really want to be a great trader, then you should consider spending months and months on learning how to trade, and that means you are not going to trade most of 2024, you would be on your way to be a great trader, and you are going to see prices go up a lot during 2024 so you would want to trade, but I would suggest you end up investing long term, until you are a good trader.


You could slowly start to trade yourself, but first you need to focus on making a profit, I believe that the best thing you could do would be focusing on how you could end up with profit by studying a ton. A lot of people start trading without knowing much about it, and end up losing all their money.

[Assface16678]

Well, there is no shortcut to become successful in trading and it will never be an easy road to become successful in this field, yes it will be hard and risky but I think you are decided and dedicated to be successful in trading, that only thing you can do is to hone your skills and knowledge about trading, build up confidence and skills also experience you will used in your journey, no matter what you read here in this topic, no matter what advise that is or guide you will never be successful if you will not apply and learn it for yourself, trading is risky and unpredictable as the market is volatile so there is no certainty in this field its up to you on how will you manage to survive and be successful in trading. You will need a lot of patience, as the road you choose to cross will never be easy.

[the rise]

don't have to think about that, because we just need to live it and be prepared for it all. We here really want and really want to be successful but all of that will definitely fail if we think too much. try to live within the limits of our abilities. We all have our own paths to success, especially in the financial sector. It's just a matter of when it's time for us to be successful, it's not that we can't be successful, our enthusiasm for life is needed for all of this in order to achieve it all.
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[cryptoaddictchie]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading is a bit hard to cope in my own experience. Before Id tried to do day trading but didnt able to consistently make profits or worse I ended up losing more. Now I know how to earn via investing on a good timing on tokens and more on vested projects. I am liking the idea cause its a long term perspective but for the daily or monthly income, well still doing some short trades but only on spot and its not like daily once I achieved my target I exit and when I am down I make sure that I have a 10% limit on loss and whatever it is Id accept it.

[gabbie2010]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Firstly devise your trading plan starting from adopting a tested trading strategy which I assumed is a working one with reasonable risk to reward ratio remember trading is hard and I believe you had passed through the learning process and stages and had acquired some skills needed to become a profitable trader, secondly I will advice you to start trading with some little fund after consistent profit earning thereafter you can increase your portfolio though the journey towards becoming a profitable trader is tough however with perseverance and patience you can achieve your aim of financial success next year.

[Sim_card]

Trading is more of skill and experience for one to be successful in it. You should know the fundamental analysis and technical analysis, also you should have patience and know how to control your emotions if you want to be a good trader and don't allow greed to control you. So many newbies jumped into trading with little knowledge and they made big loss, which made them to stay away from trading. You should also sacrifice your time in learning and practicing trading to have the experience of the market. It is better that you should use only the amount that you can afford to lose, when you want to trade. Next year is the halving and the bull run, so it is better not to trade by then.

[Zigabel]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Work More on your discipline when trading that's if you have been trading already and have a strategy with which you trade but if you don't, it will be better you focus on learning first, find a mentor and stick to one, don't cultivate the habit of having several mentors as that will further confuse you than help you because everyone have got the pattern that works for them and trying too many pattern at once may not help you well enough to getting the kind of results you desire but staying consistent with a particular strategy over time you will turn profitable.

If you want to go into trading full time then you may have to take note of the fact that you must not trade everytime and every day to be profitable els you will not make good progress, profitable traders have got systems with which the work with and they don't necessarily trade all the time.

[the rise]

Next, in 2024, I want to do more in-depth research on the next trend, as previously, Metaverse and Artificial Intelligence will definitely be interesting to invest in. How we get profit depends on how much hype there is. I always follow the trend every year, that's better and not boring. Whether the project is successful or whether our investment makes a profit is part of the risk as an investor.

[avp2306]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading is a bit hard to cope in my own experience. Before Id tried to do day trading but didnt able to consistently make profits or worse I ended up losing more. Now I know how to earn via investing on a good timing on tokens and more on vested projects. I am liking the idea cause its a long term perspective but for the daily or monthly income, well still doing some short trades but only on spot and its not like daily once I achieved my target I exit and when I am down I make sure that I have a 10% limit on loss and whatever it is Id accept it.

Its because whatever efforts we made there are times we surprisingly lose because volatility is unpredictable. That's why sometimes it came out on my mind that day trading is not really worth it since the profit to get there especially if we use small fun is less and the chance to lose is so big that's why I'd prefer to hold not rather than doing some movement on unpredictable market. But we also need to know that its case to case basis since we also need to consider the current condition since this gives us a hint on what possible movement we gonna take. Right now I'm still bullish on my holdings and planning to hold for more months or years then see how far we can go here.

[Mauser]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

That's a good idea for next year and I hope you have great success. There quite a few basic things to consider, like only use money that you can afford to lose, don't chase losses, etc. I am sure you have some knowledge about trading already and look more for advanced tips. 2024 is going to be an exciting year, because asset prices are quite high at the moment and the world is very fragile. Any form of bad news could lead to another sell off and create a lot of opportunities for us traders. It's usually the times of high volatility that offers great bargains and will lead to nice profits in the future. My advice would be to try an limit yourself to 2-3 crypto projects that interest you a lot and follow them as close as possible. Bitcoin could be one of them, and the more you focus on one project the better you will be able to take advantage of over or undereactions in that project. It also helps to not fall in the trap of trading to many different coins at the same time, without having an edge over the other traders.

[lombok]

As before, buy and hold. Buy Bitcoin and some potential altcoins. We can look for and research this by relying on current trends. As has happened before, in the previous halving round the meme trend was very mainstream and exploded, many meme coin holders made big profits. It is possible that if we apply something similar where we are able to observe the current trend and coincide with the bitcoin halving we also have the opportunity to reap profits like the previous cycle. Play spot then buy and hold until the bitcoin bubble occurs. Buy and hold has proven to be effective and safe if we apply it correctly.

[Viscore]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Experience will be your best weapon in trading. If you don’t have various experiences with trading, then educate yourself first and explore the field of trading by using demo account at first and test your strategies all you want so you will know which strategies will most likely work and which are not working even in demo trading.

Trading brings financial stability if you know how to trade well, but if you trade without proper knowledge and skills, you will end up like gambling and all your funds will go into waste.

[tjtonmoy]

The best thing you can invest if you want to learn trading is time. The more time you give it, the better you become at it. First thing first, gather knowledge as much as you can. Then put that knowledge into work in order to gain experience. After that using the experience, use trial and error method to gain data for analysis so that you can know in which particular section you are lacking in. Then focus on improving that.
One last thing that I want to include here is that, everything you learn becomes outdated the moment you learn it. Because the crypto market is evolving every second you need to be able to evolve with it. Try to come up with your own strategy so you do not stay left behind.

[Russlenat]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

I also have taken high consideration with trading. Although trading does not really guarantee a world full of profits but if you have wide experiences on trading, you will have a big edge to make it great with trading. The risks maybe high and may lead you to high losses as well, but there's no perfect trading, everyone loses and wins at some point. But if you have the skills and perfect strategies that may work in trading, then don't wait for trading opportunities to come to you, but grab the opportunities without no hesitation as trading can provide exceptional profits that will create big changes in your life.

[RockBell]

To succeed in trading is to first learn how to control or manage your risks, in trading what most people don't know is that trading not just about the number of profit you made is the number of risk and losses you've reduced. For instance you might make alot of profit just in one day but just a slight mistake might lead to you losing all those profits ones. So focus on minimizing your losses and gathering little profits as time goes on you will see the progress in your trading.

Doing research and learning from others is a bundle if you learn properly, it is automatic that you will be able to handle risks. When it comes to trading, there are limits to finances; utilizing all of your cash to trade is quite irrational if someone tries, they may liquidate. There is no way to avoid losing money, but there are simple tactics to lessen such risks. People usually desire enormous returns, and as long as your risk is low and your losses are low, everything else should be appreciated. People think trading is hard but it is not hard all.

[mirakal]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you really aim to maximize the profits by 2024, do not settle only with trading but invest and do long term hodling with bitcoin. I believe both will bring substantial profits once you have performed them correctly and successfully. Focusing on trading or investing alone may bring significant profits  but it will be more massive and huge if you do both, as two heads is better than one.

However, success do not just happen without putting extra efforts on it. It takes a lot of discipline and bravery in facing different risks with trading and long term hodling. If you are fearful, hence learn to be fearless. You won't create positive changes if you never take risk. And by taking risk means you will do everything to succeed and be profitable no matter how hard and tough the process. Having the spirit to overcome all those risks is a must.

[macson]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Are you someone who can't control your emotions? if yes then before you trade, you have to learn it first, what's the point!! In trading, controlling your emotions is very important because if you trade but still use excessive emotions then you are just gambling.  After that, another thing that you must master is analytical skills, this is the next very important thing, you must master technical analysis and also fundamental analysis in trading, when you master that then be sure everything you do in trading will run smoothly, try that too to create a demo account, the average active trader uses a demo account to test their strategy, also use small capital because you are still a beginner.

[GeorgeJohn]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

It's better since you are having such intension or passion in trading then you devote out precious time to learn the basics things that concerns trading, many people doesn't like to learn and understand the basic foundation of trading before they ventured into it and that is what makes than to experience lost everytime, so I will encourage who wants to venture into trading to first acquire the concept of trading through manual and youtube tutorials video before you venture into such so that you will not experience loss because not all that shines or glitters is original gold or silver

[dunfida]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

It's better since you are having such intension or passion in trading then you devote out precious time to learn the basics things that concerns trading, many people doesn't like to learn and understand the basic foundation of trading before they ventured into it and that is what makes than to experience lost everytime, so I will encourage who wants to venture into trading to first acquire the concept of trading through manual and youtube tutorials video before you venture into such so that you will not experience loss because not all that shines or glitters is original gold or silver

Everything  cant really be learn in a short period of time on which it would really be just that right that you should really know on the things that you are doing on which it would really be just that sensible that you do deal up with things on the right way so that you wont really be putting up yourself on such trouble on the time that you do hover yourself on trading field or career. If you do have plans on having that trading success
then it would really be just that right that you should be doing those basic stuffs when it comes on dealing with it. You cant really just that make yourself having that confidence specially when you are just new.
There's no way that you could hover up yourself and able to succeed without having those challenges.

Thrive and be serious or having the passion towards trading is something that you would really dealing with. You cant really just that be able to attain those skills and success in a short time.
You would really be experiencing tons or error and trials along the way on which there's no way that you could be able to handle it out immediately. It takes time.!

[Ziskinberg]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Experience will matter a lot. Gain more experiences in trading even starting from a demo account so you will have the idea on the common scenarios that appear in trading. Once you think you're capable enough to trade, then start live trading at a small capital, an amount that you are comfortable of losing.

While trading can make you rich faster than long term hodling, but believe me a lot of traders end up settling into long term hodling because their skills are not sufficient enough to win their trades.

[stadus]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading alone does not guarantee financial success most especially for those who have less experiences in trading. Gain trading experiences and develop your skills first to enhance trading performance. Now, if you can invest for long term while trading, there will be more profits that will enter your wallet so most likely, financial success will be achieved soon. The more sources that will generate an income, the faster you  become financially secured.

For now, focus first on developing your knowledge and skills in trading in order for you to succeed on your trading goals and desires. While losing is inevitable when trading, but at least with your mastery in trading, you can still outnumber your losses and gain more financial profits.

[lienfaye]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Take time to learn by gaining knowledge and experience. There's a possibility to succeed in trading if you know what you're doing and not in rush to profit. Many traders failed because of their greed and unable to wait by committing a wrong decision.

Keep in mind that trading is not easy. Thus always use the money that you can live without hence even you lose (it's inevitable sometimes) it is not hard to move on since you already prepared yourself for such situation. In addition, don't rely too much in trading, it's still best to have other source of income.

[MFahad]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

​We have entered the year 2024 and those who are thinking of benefiting financially from the beginning of this year must be well aware of cryptocurrency. they know that this year there is a Bitcoin halving after which the chances of the bull season to start are high. so plans are made only by people who are well aware of what they are doing. trading is not so easy for that you need a lot of experience. currently if you have capital then in my opinion you should focus more on investment.

Trading is a tough job and it can definitely lead to losses for newbies, so try to choose good projects and invest in them before the bull season. with this you keep gaining knowledge and experience about trading, because trading can be done at any time while investing has a specific time, and it may take a long time to get such opportunities again. you will see everyone advising you to learn, but I would say don't start trading right now until you have mastered it.
​

[Patrol69]

Today is the second day of the new year, if you have previous experience in trading and if the previous experience did not yield the results you expected then you can expect a good start in 2024. You have done trading in last year, try to find out what mistakes you have done in trading in last year. If you find mistakes, work on them. We actually want to start everything fresh in the new year and at the beginning of the new year we wish that this year will be good for us. Only we can expect such but complete trading strategy but we can't change in new year so we have to continue trading expecting good things and if we have adopted any wrong strategy here we have to adopt right strategy. If you understand and trade at the right time, I hope that the year 2024 will bring good things for you.

[Mpamaegbu]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

I don't know why you've to pick trading now when you know we're going into a bull rally. You're likely going to miss the bus when you sell off and can't get in back. It's going to be a regrettable moment if you aren't able to buy back. Wouldn't you rather hodl than sell? I wouldn't take that risk now with Bitcoin. The only tokens I like flipping now are launchpad tokens. The way I do it is guage the tokens of a launchpad I'm into and follow up on its IDO announcements and then take my positions, checking when the market will be saturated with excess supply to sell off and then buy at demand zone.

For now, selling Bitcoin to take profit and re-enter is a no-no for me.

[2Pizza410000BTC]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you want to be successful in trading, you must adopt some trading platform strategies. Some of the strategies you can use to get success from trading platform are be patient, don't be too greedy, don't trade with passion if you can follow these strategies then you can definitely get success from trading platform. If you don't follow all these strategies you can get success from trading platform so to get success you must follow all these strategies and discover some of your own strategies to trade then you will get success.

[michellee]

Before you start trading, you have to learn more. This is to help you analyze market conditions before you enter the market. You can also search for and determine coins that can give you profits through your analysis.

You must remember that learning to trade takes time and is not easy. You must be able to learn a lot in trading, including studying indicators, analyzing where the market is heading, and reading news releases. You will have time to make a profit by continuing to learn and practice it.

Before you enter the market, try a demo account to see how you fare after learning a few trading lessons. If you feel something is still missing, you can study it again. If you are confident in your abilities, you can enter the market but use capital that you can afford or small capital so that if you lose, the loss will not be too big.

[cyberninja2]

If you want to be successful in trading, you must adopt some trading platform strategies. Some of the strategies you can use to get success from trading platform are be patient, don't be too greedy, don't trade with passion if you can follow these strategies then you can definitely get success from trading platform. If you don't follow all these strategies you can get success from trading platform so to get success you must follow all these strategies and discover some of your own strategies to trade then you will get success.

The success of any activity is probably something that people generally know, of course people still think that all this requires a competitive strategy.

I personally already know what is called trading in the market, of course it is difficult for people who do not use patterns and styles or strategies that can be successful for someone only by obeying what is in the North in the market pattern, namely our own strategy that we set, as well as trading matters.

[LogitechMouse]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

YouTube, this forum, different articles online, maybe some paid trading courses, but some are free.
A mentor might help you. Isn't a requirement, but having a mentor will help you learn quickly.

Creating your strategy would help you, but copying others might do. Just take note that what works for others might not work for you as well. There's one thing that you can't learn online, and that is your attitude. Being patient and learning how to control yourself are just 2 of the attitudes that you need to learn if you want to become a successful trader. Being good at making decisions is also an important factor. Being a trader is very easy to do, but being an expert and gaining profits continuously is very hard IMO, and it requires a huge amount of money.

Good luck OP, and I hope you'll be like one of the expert traders out there.

[Miles2006]

Firstly, what's your plan towards trading this year cause your plan matters a lot, you should not only take advice from forum members without working towards your goal in the trading aspect, I don't know how far you've gone in the trading space but if you really want to go a long way you should start signing up for trading classes and buy some potential coins for trading, as a beginner you've a long way to go but it all depends on your determination and time.
As some will always say go for investing but you've made your choice and don't just trade cause you want quick profit that's very wrong, when trading you should be able to endure lose and keep going.

[South Park]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If that is your goal then you need to work hard to reach it, most of those that claim they want to become traders do so because they believe trading is a way to make a lot of money without any effort, so they begin to trade the markets without really knowing what they are doing and end up losing their capital to the whales and skilled traders, so if you are serious about this you need to study a lot of books about trading as becoming a proficient trader is indeed very difficult.

[Johnyz]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Always go through the process, and remember that there is no shortcut here.
Being a trader is not that easy but it can be rewarding, so start learning about the indicators and create a perfect combination where you can be more profitable. TA and FA works, make sure you know how to do this properly and stop panicking every time you see Fud or a hype, always focus on your strategy.

[panganib999]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

There's no real formula for success in the trading industry, so we can't really give you a guided step-by-step procedure of things you need to do to succeed or whatever, but what we can provide though is tidbits of information as well as things you should avoid doing so you could at least make your trading journey safer and more enjoyable.

First off, you should take trading with caution. Just cause your friend got a lot of money trading the latest cryptocurrency doesn't mean you'd jump the gun as well and take the opportunity. Learn your risks first and how much you're willing to lose in the process. Dedicate a portion of your monthly budget to consistently grow your trading portfolio cause the more money you put into work, the more money you'd get in return. When that's settled already, avoid bait cryptos and coins that offers instant returns. Don't get me wrong, there are coins that does that here, it's just that projects that are successful most often would invest more in making sure their whole ecosystem is safe for traders and investors rather than spend money marketing themselves as the next big thing.

Always conduct research before doing any form of trading, and for the love of god don't do futures if you can't afford getting your shit liquidated.

[JeffBrad12]

just follow the trend thats where majority of the capital is and that means big flow of investment and when the big flow of investment starting to come in, be assured that your money gonna be doubling, thats the thing with metaverse trend, defi trend and L2 trend and so on, such trend are really good to get into when you are still early and you can trade based on the price fluctuation since its flcutuates a lot as well as investing.
i've found myself make some good profit out of this i can say with confidence that i still have my part of investment in the l2 that i've got when the l2 trend was a thing and till this date the value is only increasing.
but as a trader generally speaking you should be smart enough to find news about the coin you trying to trade and also know to determine when the correction gonna be bottoms out, i personally don't favor trading because at times it seems like just random entry and there's big chance that i'd just miss the opportunity of getting that massive long term gain.

[so98nn]

Honestly we have just flipped the calendar but all the projects, coins, tokenomics, ups and downs remains the same. That affects nothing in terms of how we were doing last year and this year.

However, there is amazing and fruitful ways you can apply to your investment portfolio so that it can boost the way profits were generated till now. For example, we all know DCA is one strategy that takes lot of time to build your portfolio so you can start that from this month and keep target of year end to see how you performed. In addition to this many projects will start the fresh batches of staking with new offerings, grab those. Only invest when you understand what staking is and whats the status of that particular project in market. Its no hard science if you start at right time (like now) and hold for long durations.

[irhact]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading can make you to achieve financial success but it can also be the cause of your downfall in 2024. Trading is easy when you learn things from the right sources, practice them with a demo account to understand them before practicing them on live accounts. To enjoy trading, consider choosing the right exchange that you'll be using and make sure it's a reputable exchange so they don't scam you. Also before starting to trade, make learning how to read and interpret charts to be your focus.

Focus on one strategy and develop your strength on that strategy so when you use it in trading, you'll always make profits. To succeed in trading, you have to be smart and be willing to learn. Don't stop learning or you'll be left with old information that won't be useful in the future markets. Always take profits when trading as any profits that you haven't taken isn't a profit yet, they're just imaginary profits.

[tvplus006]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you have not gained enough knowledge about trading and do not have the relevant experience, then the best solution for you in 2024 will be to refrain from trading. If you ignore such recommendations, then your acquaintance with the crypto currency market will end with the loss of your deposit.

[Natalim]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Not a wrong choice but if you think this would give you financial freedom, then that kinda be a big struggle for you. I'm not going to disrupt your goal/plan but must have thought it through several times if possible because many traders haven't gone through to the finish line (success), and many had quit along the way. Why? Lack of knowledge and preparation as we can't underestimate the market volatility and if you think that trading is easy, then you are wrong. But as I've said, I don't stop you OP and I hope you'll succeed but in the case of failure, don't blame the market for that.

[kojektea]

It's only the beginning of 2024, we still have plenty of time to take plans and take action. Don't be too hasty, a mature mind will make your decisions wiser, usually it will be more optimal in generating profits and will also be more accepting when it comes to losses. If I observe that people prefer the topic of halving 2024, I think this is a strong reason why the positive trend will be long this year. As we know, positive trends are always fun for traders, usually technical accuracy is better than negative trends.

[leonair]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading does not require any specific years only you need to know a good analysis and have a very good knowledge of the market.  If you don't know analysis and if you don't have a good trading experience you will never be good at trading.  So how 2024 will be for you and whether you will succeed in trading will depend on your training skills.  So no one can tell you how 2024 will be your time with trading

[tsaroz]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

I personally have three strategies for making profit through trading (not long term investment).
The first is to choose a coin with good fundamentals and place a short range grid trading bot. Ideally buying on their low on oscillation.
The 2nd one is of investing on a new promising coin before being listed on CMC or any CEX. What I have found is there is a nice bounce in price when the coin gets listed on coinmarketcap.
The 3rd is to stake coins or Liquidity pair that provides more than 12% APY, mostly the established and relatively stabler coins.

I'm still open to other strategies but these three are working for me.

[Bitcoin_people]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you plan to start a business in 2024 to be successful then it is definitely possible for you if you have common sense. There are many individuals here who start businesses who have made huge profits and have been successful financially as they have been able to achieve success. If you also want to achieve financial success, you must have a long-term plan and your thinking should always be long-term. If you want to trade or donate, here you have to face a lot of losses and there is a possibility of losing your money. That's why you can invest without trading, and if you invest in Bitcoin now, if you hold it for a long time, you will definitely succeed and achieve financial success.

[kentrolla]

Yes, we still have time to plan our strategies but I don't think halving or the years where halving don't place will have major impact in the trading strategy because a trader will be doing his job everyday unlike investors who tend to find the sweet spot when the market is down and going to pump up to invest. I think it's time we backtest the data with multiple technical indicators and shortlist few or have a combination of most accurate indicators to use it in 2024.

[Essential10]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

The trading world is actually a lot of Ricks. In maximum case the market will try to rob you, very little chance you will get profit from it. Of course you need to combine skills and experience to make the business successful. You need to acquire skills like analytical thinking, risk management and decision making before making trading decisions. Traders often learn from both their successful and unsuccessful trades and they gradually develop the skills to understand the intricacies of the financial markets. If you have extra money then you join the trading industry, or stay away. Anyway, With Bitcoin halving this year itself there is a high probability of many coins going up in price, so I think it would be wise to focus on investing rather than trading plans.

[Zoomic]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Have you acquired the basic/necessary skills on how to trade effectively? Do you understand fully what it takes to be a trader? If your answer is 'no' then you need not be in a hurry to start earning. You need to equip yourself with the right knowledge and skills. Yea I mean the right knowledge and not just base on what you've heard or read from social media content creators who call themselves traders. If you do not prepare well, you might end up burning your capital and at the end you achieved nothing  for the year.

If you can get a good mentor who is trustworthy,  then you case is 50% solved. You should be able to learn a lot from him while you practice from time to time on your own.  Personal researches too will broaden your mind. Until you are convinced within yourself that you have made a significant progress in your learning,  you need not rush. YouTube traders will mostly show you the bright sides of trading, its fine but their is more to trading than what you see on social media.

[Onyeeze]

Trading is all about learning and practicing and it's clear that if you are not practicing Trading you will not understand properly about trading because it's when you learn more of trading when you learn more of your mistakes is when you will understand the basic things of trading so I don't know the actual reason of some people why they do makes mistakes in trading and whenever they enters trading and they always experience losses in trading so I don't know the reason while such thing is been taken place in some people who is a trader

[Sanugarid]

What you need is dedication, self motivation and most importantly knowledge.

Trading requires knowledge and patience and only the strongest minded people succeed in trading. It takes more than just waking up and deciding to become a trader. You can achieve success if you are mentally prepared and committed towards achieving your goal as i believe that is the first step towards achieving success.

Go through some comments on the link below you could find some useful information that will help on your journey.
https://bitcointalk.org/index.php?topic=5436046.0

Thank you bro, what you said and the link you shared are very helpful, because I am also one of those who want to learn and gather information about the trading system. I know that this is not just a get rich quick trade and it is very risky, you need knowledge before entering it completely.

[sulendra12]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

There are lot of stuff to learn if you want to go trade, look up on google there are plenty sources for you to read and watch to learn about those and please there are already lot of threads regarding this, a quick search won't hurt you and you will find plenty of information by doing that. Reading all the news, use your preferred strategies and analyzes, lot of stuff to explore about trading. Since you are new, then it will take time.

[EarnOnVictor]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

There is no peculiarity in the success of a trader in 2024 than in any other year, it is the same approach, and the more you can learn, train, utilise what you learned, and be managerial and disciplined, the better for you in your trading career. If you have been losing in the past, you need to look back and note what you have been doing wrongly, that thing is what you need to correct for your trading experience in 2024 to be better. Nothing is special about trading and it can be learned and known within the shortest space of time, only that it is tough to implement which is where you will have to work well with.

But first, you must be sure that you already have a good trading strategy, without it, you will get nowhere near success in 2024. Your trading strategy should be capable of 75% winning at the least, and if you have not gotten it yet, try to continue learning and looking for it. After getting it, go straight to your managerial skills, you need to learn how to manage your risk and money effectively, and I believe that the principle of the risk-to-rewards ratio should help you better in this regard.

In addition, you need plans that will coordinate all that you know to build it into a working trading system, this is very important, and your trading strategy and management must be good for you to have a good trading system and plans as well. Lastly, you have to work on your trading psychology. Let nothing cause imbalances in your trading plans, thinking and mindset towards trading, you have to be strict and disciplined with the implementation of your trading systems and plans. By doing this, you will surely become the kind of trader you want to be in 2024.

[|MINER|]

First of all you have to be strong minded.  The mind should always be strong.  Must have adequate understanding of crypto and buying and holding.  Coins should be bought when the price falls and sold when the price rises.  Understand the market situation.  If the market is bad, stay away from the market. Greed should be controlled.  Excessive greed can sink with everything. Withdraw money only if there is a small profit. You can not lose everything in the hope of more profit. There is a bull run ahead. Hopefully something good will happen. And you invest your money in such a way that you can go without money.

[Ben Barubal]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

  First of all, it is not easy to conduct trading in the cryptocurrency business field. So if you ask how to be successful here, it's your own instinct, and it depends on your hands, to be honest.

  Maybe what I can say is that at least you know how to choose the right cryptocurrency and understand trading on a chart or graph; that's enough, and the same goes for reading trading through technical analysis and fundamentals; for sure, it will help you be successful here in the end.

[borovichok]

It's only the beginning of 2024, we still have plenty of time to take plans and take action. Don't be too hasty, a mature mind will make your decisions wiser, usually it will be more optimal in generating profits and will also be more accepting when it comes to losses. If I observe that people prefer the topic of halving 2024, I think this is a strong reason why the positive trend will be long this year. As we know, positive trends are always fun for traders, usually technical accuracy is better than negative trends.

We have numerous strategies to follow up, Fundamental and technical analysis are both important for a trader to acknowledged, if only you grabbed golden opportunities to shoot more significant profits, then we should follow good path. We can not continue laying down prophecies regarding our upcoming prosperous years, we just become more addictive to our goals, but without plans, it's definitely not going to be achievable because we will be struggling from one spot to another. Mature Minds already knows what to expect, they sits in tight position but relaxed without anyone observing.

[gabbie2010]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

There are lot of stuff to learn if you want to go trade, look up on google there are plenty sources for you to read and watch to learn about those and please there are already lot of threads regarding this, a quick search won't hurt you and you will find plenty of information by doing that. Reading all the news, use your preferred strategies and analyzes, lot of stuff to explore about trading. Since you are new, then it will take time.

Twitter has a lot of trading stuffs too particularly the trending type of trading known as ICT there are plenty information and resources on how to become an ICT trader and become successful in it, there are chart patterns and analysis posted freely by experience and profitable traders, there are plenty ICT models that can be studied such that you just needed to pick two models and  study them bearing in mind that price patterns repeat itself though all these stuffs takes a lot of time to study and understand it, however once you grasp and understand the stuff you are not far from becoming a profitable trader because there are proven records of those successful traders.

[Kelvinid]

First of all you have to be strong minded.  The mind should always be strong.  Must have adequate understanding of crypto and buying and holding.  Coins should be bought when the price falls and sold when the price rises.  Understand the market situation.  If the market is bad, stay away from the market. Greed should be controlled.  Excessive greed can sink with everything. Withdraw money only if there is a small profit. You can not lose everything in the hope of more profit. There is a bull run ahead. Hopefully something good will happen. And you invest your money in such a way that you can go without money.

Preparation - that is all that we need in order to succeed. And I hope that OP is also patient enough because success doesn't come instantly.
Indeed, trading is profitable when the market price is moving or during the bull season and this year seems to be a good day to start building a trading career. Having adequate knowledge and huge capital, not too far from gaining success especially when he is focused on his goal. 
 - with the right timing and a positive mindset certainly, it all went so well. But just as I said, OP must not on a hurry to earn such recognization as it comes with time and hard work.

[Y3shot]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading can be simple and at the same time trading can also be complicated. In this year journey if you really  want to enjoy trading and attain success in trading is for you to just try your best to learn trading very well and follow  the rules  that must make your trade a successful one, the problem people do have have with trading is that they don't have good knowledge about trading but they are expecting to have a successful trade from the little understanding they have about trading.

[Bushdark]

New Year new system and update strategy if we already have a strategy that we use to trade in the market.
This is a year we have to work on how to make money from trading. We might not have been making consistent profits from the market for al there while but that's shouldn't be a problem to us. Now that we are in another year, we can work on our strategy and organize it in a way that will be more profitable to us. The market is competitive and that's the nature. This should not make us to over think on how to strategy and make it as a trader.

[justdimin]

Yes, we still have time to plan our strategies but I don't think halving or the years where halving don't place will have major impact in the trading strategy because a trader will be doing his job everyday unlike investors who tend to find the sweet spot when the market is down and going to pump up to invest. I think it's time we backtest the data with multiple technical indicators and shortlist few or have a combination of most accurate indicators to use it in 2024.

I would feel like that is actually a good thing, it allows you to invest long term and it makes you earn a good amount of money if you know what you are doing. Trading is good too and I am not saying do not trade, but it is clear that you are going to end up with a good profit when you are investing long term.

This is only true for people who do not like to trade of course, people like me, we do not like to trade a lot and that means we are going to end up with a good profit one way or another if we hold long term, depends on if we can hold of course, some people fail to hold as well. I believe that there are traders who make more money than long term holders as well, buy low and sell high and keep doing that, but they are not that common.

[KingsDen]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

• You need to first consider if you can actually trade because trading is really not for everyone.
• Are you willing to accept losses as well as wins
• Are you willing to control your emotions
• Do you know anything about financial management and sticking to your budget?
• How about you consider short or long-term investment
• But, if you have so decided that you will trade this year, ensure you learn how to trade very well before you start
• You might be having some profits this year because of the bull run. Don't get carried away, the best time to learn trading is during the bear market

[Jegileman]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Jumping into trading to make a lot of money this 2024 is not advisable for you to do if you haven’t been learning about trading for a very long time. Trading is not something you can just wake up and decide to do without having enough knowledge about it before. We are already in 2024 but I think it will take you at least a year to be a professional in trading with consistent practice, that is not something you can do now since you’re looking to start trading in 2024 to make a lot of profit. This 2024, just invest in good projects that has good potential of making it in the bull run and stack up a lot of BTC for backup.

[lixer]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Always go through the process, and remember that there is no shortcut here.
Being a trader is not that easy but it can be rewarding, so start learning about the indicators and create a perfect combination where you can be more profitable. TA and FA works, make sure you know how to do this properly and stop panicking every time you see Fud or a hype, always focus on your strategy.

As they say, trust the process. So yeah. Even though it's right, I still think there is a shortcut. What about those copy trade features? The signal group? Hiring a mentor, etc... But if we always want the easy road, expect that there are also dangers about it. In terms of trading, we can follow the wrong people and lose. That is only one example, but there is more than it. While going in a hard way is hard but it is rewarding as you say, once we overcome it. Indicators are part of trading but it wasn't the basic AFAIK.

We better start at the beginning if are sticking with the principles that we talked about earlier. TA and FA works, if we are good at them and then if we are lucky because price can still be unpredictable. Lastly, Once we are organized, and knowledgeable, we will never panic.

[Twentyonepaylots]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Jumping into trading to make a lot of money this 2024 is not advisable for you to do if you haven’t been learning about trading for a very long time.

Well this year it could be. Halving will take place in what? less than 3 months? it is a historic culture that all people in crypto are anticipating although we can't guarantee the pump that day, I'm more than confident that it will. Seeing the price of bitcoin at the moment at $47K makes me think that it is the beginning, we saw a dump yesterday and today it ate the red candle. Excited to see where is this gonna end.

Trading is not something you can just wake up and decide to do without having enough knowledge about it before. We are already in 2024 but I think it will take you at least a year to be a professional in trading with consistent practice, that is not something you can do now since you’re looking to start trading in 2024 to make a lot of profit.

As simple as being a human, you need some lesson to learn and school to teach you same with mistakes and the platform you are currently in.

This 2024, just invest in good projects that has good potential of making it in the bull run and stack up a lot of BTC for backup.

I'd say if OP want to make huge profit, stack altcoins, chances of bitcoin doubling up is foreseeable, but altcoins can make it greater.

[milewilda]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Always go through the process, and remember that there is no shortcut here.
Being a trader is not that easy but it can be rewarding, so start learning about the indicators and create a perfect combination where you can be more profitable. TA and FA works, make sure you know how to do this properly and stop panicking every time you see Fud or a hype, always focus on your strategy.

As they say, trust the process. So yeah. Even though it's right, I still think there is a shortcut. What about those copy trade features? The signal group? Hiring a mentor, etc... But if we always want the easy road, expect that there are also dangers about it. In terms of trading, we can follow the wrong people and lose. That is only one example, but there is more than it. While going in a hard way is hard but it is rewarding as you say, once we overcome it. Indicators are part of trading but it wasn't the basic AFAIK.

We better start at the beginning if are sticking with the principles that we talked about earlier. TA and FA works, if we are good at them and then if we are lucky because price can still be unpredictable. Lastly, Once we are organized, and knowledgeable, we will never panic.

Shortcut? Literally yes, but you wont really be able to make yourself do able to learn on what things should be learn because you wont really be able to develop your skills when you do make those copy-trades or would really be just simply waiting for someones signals before you would really be making out such action. Just as said that you should trust the process and everything could be learnt if you do it on your own in manual maethod.
There's no other way that you could really make yourself that do able to be enhanced in speaking about trading skills but rather with those personal approach on which this is something
that it is recommended if you are really that serious on learning up such skills but if not then go into that shortcut that you so called.

[TimeTeller]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Jumping into trading to make a lot of money this 2024 is not advisable for you to do if you haven’t been learning about trading for a very long time. Trading is not something you can just wake up and decide to do without having enough knowledge about it before. We are already in 2024 but I think it will take you at least a year to be a professional in trading with consistent practice, that is not something you can do now since you’re looking to start trading in 2024 to make a lot of profit. This 2024, just invest in good projects that has good potential of making it in the bull run and stack up a lot of BTC for backup.

That you have a valid point, it is not a day or two just to learn the ins and outs of trading.
But sometimes it would take months to years to have good understanding on this market.
Many newcomers still have the notion that they can earn huge profits if they jump on they hype.
However, they will learn their lessons quick once they taste their first loss in trading.

[kawetsriyanto]

That you have a valid point, it is not a day or two just to learn the ins and outs of trading.
But sometimes it would take months to years to have good understanding on this market.
Many newcomers still have the notion that they can earn huge profits if they jump on they hype.
However, they will learn their lessons quick once they taste their first loss in trading.

Of course, there is an instant way to learn trading and crypto market. It requires a lot of time, it can be for some weeks or even months. If newbies/beginners expect to have good knowledge and experience in a short time, it is something impossible. The newcomers who expect to get profits instantly by following the hype, probably will end up with losses. How they know to trade properly if they have lack of knowledge and experience? I am also doubtful about their mentality, I bet they may feel panic when they see the hype suddenly over. They think the hype will last a long time, but we know that most the hype only last for a short time.

[Finestream]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading is not an easy job that you will only say you want to be a trader and then boom, you instantly become one. It could be helpful if you do investing first and once you succeed, you can level up as a trader. That way, you are already exposed to a lesser risk before you proceed to take bigger risk.

However, I would say that if you both experienced doing both, trading is more profitable than investing alone but we should also be aware that it takes long preparation before you can be a good trader, and most likely you will experience losing at first before you can finally profit as a trader.

[arwin100]

That you have a valid point, it is not a day or two just to learn the ins and outs of trading.
But sometimes it would take months to years to have good understanding on this market.
Many newcomers still have the notion that they can earn huge profits if they jump on they hype.
However, they will learn their lessons quick once they taste their first loss in trading.

Of course, there is an instant way to learn trading and crypto market. It requires a lot of time, it can be for some weeks or even months. If newbies/beginners expect to have good knowledge and experience in a short time, it is something impossible. The newcomers who expect to get profits instantly by following the hype, probably will end up with losses. How they know to trade properly if they have lack of knowledge and experience? I am also doubtful about their mentality, I bet they may feel panic when they see the hype suddenly over. They think the hype will last a long time, but we know that most the hype only last for a short time.

Those seeking for instant way will usually can encounter a heavy loss since they might not think the risk of what they are trying to do but instead they will just grab those coin what they think can give them a better profit since this is what people told him to do.

But if he could just follow his own strategy and do more research regarding on what he read also the technicalities of the market for sure he can be more better than any people out there.
Also he just need to became more consistent since this is what actually important if we want to succeed as a trader. It take a lot of time and effort before reaching that and we must open to learn new things everyday so that we can do good decisions on our trades.

[bitgolden]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

The best thing to do as a trader, in 2024 or in any other year, would be reading up on the new trends. I know that people think that they could just end up studying once, be a great trader, and just stay a great trader forever. However, the reality is that you are going to end up with a lot of trouble one way or another if you stop studying. So, learn what the new trends in trading for this year is and you could get a lot better by learning those tricks as well.

I believe that we are going to have some trouble at the early months trying to adjust to them, but we are going to get a lot better with time eventually. This means that we need to end up with some better approach one way or another, and that will surely make it better. This can be done by just giving it some time, keep doing what you normally do, study the new trends first for a few months, then do them small by small after a while, and eventually just do them more and more if you are doing great with them.

[EarnOnVictor]

That you have a valid point, it is not a day or two just to learn the ins and outs of trading.
But sometimes it would take months to years to have good understanding on this market.
Many newcomers still have the notion that they can earn huge profits if they jump on they hype.
However, they will learn their lessons quick once they taste their first loss in trading.

Of course, there is an instant way to learn trading and crypto market. It requires a lot of time, it can be for some weeks or even months. If newbies/beginners expect to have good knowledge and experience in a short time, it is something impossible. The newcomers who expect to get profits instantly by following the hype, probably will end up with losses. How they know to trade properly if they have lack of knowledge and experience? I am also doubtful about their mentality, I bet they may feel panic when they see the hype suddenly over. They think the hype will last a long time, but we know that most the hype only last for a short time.

I suppose you wanted to say there is "no instant way" to learn this in the first line. Trading can't be easy, it is also very risky, and even if you know how to trade, practicality is another issue which needs sensitivity, smartness and wisdom before one can rightly decipher the market movements and suggest the best money and risk management to their trading. This goes a long way with learning as the traders that do not learn well can never get to make the best out of the market. Even if you learned so well, the training of what you learn matters most as that is what inculcates experience in traders. The learning is very easy as most are theoretical, that goes to the initial practising of what you learn, but with time, you get to discover more as you train. Also as a human being, you can form a good trading system when the experience is so much by then.

This is why experience is so crucial to the success of any trader and we should shun any way that proves otherwise or makes us think that trading is easy. There are truly hypes all over the place but in reality when the trader has started trading, such will know that it is not true, so we should be wise about this.

[Questat]

Work on your plan that is what I can say OP.
This 2024 is a good entry for trading but never expect success if you fail to follow what is in your plan. Mistakes and losses are always part of the journey but if this will affect your mentality and change your mindset, that would be the reason for your failure.
 - yes, focus is necessary but one must need more knowledge in order to become successful. Nothing is impossible especially if strongly believe in ourselves and the capabilities we have. Success couldn't achieve quickly which is why we must learn how to be patient.

[Antonil]

The year 2024 is going to be a special year for Bitcoin holders. Because we all know that Bitcoin halving happens every 4 years. Nothing to tell apart, Bitcoin halving means a bull run and a bull run means the price of Bitcoin has risen to an all-time high.
Every coin holder waits for this day.

However, as you wish to trade, you should always remember that by trading correctly you will earn this year, just as if you make a mistake, you may have to pay back all your previous earnings.

So, I think if you are an experienced trader then congratulations. 2024 is waiting for you.

[Mehmet69]

Trading field is not a small subject which can be learned in 1-2 weeks. But if you are really interested then time will not be a big issue for you.

Trading stood with profit and loss as before. It is the same today and it will continue to take such profits and losses in the future. For this I think you need to focus on learning original trading without targeting any year like 2024, 2025, 2026. Which will make you successful one day or the other.

[LarsLind]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

I used to trade actively. Both market swings and with my own bots written in .py.

It's a really tough game, but you can certainly make money if you have adequate know-how. The market is almost saturated at this point and I'd say the only remaining opportunities, at least for arbitrage, is to find more esoteric markets, denominated in foreign currencies. This involves a triangular trade, in which crypto is exchanged between foreign currencies, and will require hooking it up to a currency converter with low latency. Adding to this, there might also be opportunities in those places where market makers get paid. That is: You'll receive commission for offering liquidity. With the right setup, you can definitely exploit the arbitrage here.

This doesn't qualify as trading per se, but it's the one area I found some success. It used to be that you could hook up to Twitter's deck and trade contracts depending on recent news. It'd take the market 2-3 minutes to react, but that time is now limited to seconds. I suspect it's been automated as well, with triggers for certain phrases.

Best of luck, brother.

[South Park]

The best thing to do as a trader, in 2024 or in any other year, would be reading up on the new trends. I know that people think that they could just end up studying once, be a great trader, and just stay a great trader forever. However, the reality is that you are going to end up with a lot of trouble one way or another if you stop studying. So, learn what the new trends in trading for this year is and you could get a lot better by learning those tricks as well.

This is true, people often expect that once they study any subject that they will not need to learn about it ever again and this is wrong, this is like a doctor expecting to not have to learn anything new about medicine and are puzzled their knowledge is now obsolete after a decade of not touching a medicine book, trading is the same, the markets are always changing and evolving, and what worked on the past will not necessarily work on the future, so even those that reached a skill level high enough to make profits, may not be able to do it in the future if they do not keep working on their skills.

[GeorgeJohn]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading is not the beat option and it can only be the best option when you learn and comprehend the systematic of trading and how to overcome the barriers of trading, because you might have the mindset that trading will make you to acquire everything you need this year and you get disappointed because you have not understand the rudiments or rules and regulations of trading before you venture into it, I will advice you to have another means of success especially venturing into investment of cryptocurrencies for future purposes

[usekevin]

This is true, people often expect that once they study any subject that they will not need to learn about it ever again and this is wrong, this is like a doctor expecting to not have to learn anything new about medicine and are puzzled their knowledge is now obsolete after a decade of not touching a amedicine book, trading is the same, the markets are always changing and evolving, and what worked on the past will not necessarily work on the future, so even those that reached a skill level high enough to make profits, may not be able to do it in the future if they do not keep working on their skills.

The market will change based on the demand and the social factors,if any country approves the cryptocurrency.The demand for the cryptocurrency will increase through out the world,So the price of the coin will increase with no doubt.The trader should increase their skills in the trading,So he can easy earn during the bull run in the market.

The price is just an number,analysis of the market was essential one.The price of the bitcoin demand the market movement and the replica of the bitcoin price to the other coin at that particular time.

[Maslate]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Well, if you are a skilled trader and a long term investor as well, then I don’t see any reason that you will not succeed on your finances. But if you are just starting to learn the process in trading, focus more on how you can maximize establishing your knowledge and skills, and when you think you’re capable and sufficient enough, creating a good income will easily follow.

Financial success is actually possible if you are trading in profits consistently, but we all know that trading is also susceptible to losses so trading alone may not guarantee financial success and stability. But if you are trading and at the same time investing in diversified assets, you will eventually gain financial success in the end.

[irhact]

Trading is not the beat option and it can only be the best option when you learn and comprehend the systematic of trading and how to overcome the barriers of trading, because you might have the mindset that trading will make you to acquire everything you need this year and you get disappointed because you have not understand the rudiments or rules and regulations of trading before you venture into it, I will advice you to have another means of success especially venturing into investment of cryptocurrencies for future purposes

An individual can become successful as a trader, we have other individual that have been able to do it as they learnt trading properly before starting to trade. They aren't focusing on making quick money but interested in long term profits. When you learn trading and can be able to interpret the charts, you can make money for a longer duration and not just quick money that you'll waste as you don't know how to manage money when you just start trading but with time you'll learn it.

To succeed in trading in 2024, you have to learn trading and understand it, after that you learn other things that'll make you become more responsible with your money. Learn how to invest into other businesses with the profits you're making from trading so when you don't make profits you can have other sources of income to get money from. Somedays the market won't allow you to make profits and you can't do anything about that.

[AnonBitCoiner]

Trading field is not a small subject which can be learned in 1-2 weeks. But if you are really interested then time will not be a big issue for you.

Trading stood with profit and loss as before. It is the same today and it will continue to take such profits and losses in the future. For this I think you need to focus on learning original trading without targeting any year like 2024, 2025, 2026. Which will make you successful one day or the other.

Yes exactly trading is not possible to be learned in a day or two but it requires some months to be successful in trading but sometimes an expert individuals also loss money because of volatile market. As a newbies traders should be conscious about choosing coins as every coin is not suitable for trading but for getting profit from it you have to keep it longer.

Actually trading needs more time and more energy as well as it is consists of more loss percentage than a chances of winning because if you learned all the things still there will some situations that will be against your thoughts and will deprived you from getting profit. The knowledge for traders never ends so keep getting knowledge and utilize it according to use and market nature.

[AYOBA]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

That's okay, but in order to succeed in trading in 2024, you'll need to understand the principles and the necessary abilities, as trading requires a certain level of expertise. If you truly want to succeed in trading, you must drive yourself to learn more about the industry. If you can watch market tactics and are emotionally ready to take on the danger associated with every investment, trading is a great method to make large rewards. You too can become an expert in trading, in my opinion, if you pay attention to the advice and information shared by some of the other users here.

[justdimin]

in order to succeed in trading in 2024, you'll need to understand the principles and the necessary abilities, as trading requires a certain level of expertise. If you truly want to succeed in trading, you must drive yourself to learn more about the industry. If you can watch market tactics and are emotionally ready to take on the danger associated with every investment, trading is a great method to make large rewards.

It's partly true, but also important to realize that trading is not meant for everyone. I am more of an investor rather than a trader because I am better at analyzing the fundamentals of a project rather than the technical aspects.

If I'm your OP, just allocate it to your bitcoin; don't allocate it to other altcoins that you think will make you a bigger profit. If your goal is to turn the 25k you have into 200k,. You can't exactly get the 200k 000, but at least the 130k-150k you can possibly get.

I mean buying Bitcoins for the 25k is not a bad idea but to think of it, you cannot realistically expect BTC to pump 7x from here to achieve the desired goal of 200k. The only way you do this via BTC is leverage trading or futures because then you can get a 10-20x and hopefully, the price doesn't go down by much so you don't get liquidated.

[Mahanton]

Trading is not the beat option and it can only be the best option when you learn and comprehend the systematic of trading and how to overcome the barriers of trading, because you might have the mindset that trading will make you to acquire everything you need this year and you get disappointed because you have not understand the rudiments or rules and regulations of trading before you venture into it, I will advice you to have another means of success especially venturing into investment of cryptocurrencies for future purposes

An individual can become successful as a trader, we have other individual that have been able to do it as they learnt trading properly before starting to trade. They aren't focusing on making quick money but interested in long term profits. When you learn trading and can be able to interpret the charts, you can make money for a longer duration and not just quick money that you'll waste as you don't know how to manage money when you just start trading but with time you'll learn it.

To succeed in trading in 2024, you have to learn trading and understand it, after that you learn other things that'll make you become more responsible with your money. Learn how to invest into other businesses with the profits you're making from trading so when you don't make profits you can have other sources of income to get money from. Somedays the market won't allow you to make profits and you can't do anything about that.

When in talks about being successful then it is really that something that cant be known yet we dont know on how our fate would really be ending up whether it would be positive or not on which it would really be that basically be depending on how we do deal with things on which it would really be neither be a fail or would really be that a success. People who do have that shot on getting that success is into those people who do make out some step and actions on which they do simply not making any idle situation into the things that they are currently dealing with. Somewhat it does really need up some sort of luck or mix of those being lucky on the things that you are currently dealing with because there are really things in life on which no matter how hard we do try but still it isnt really that meant for us.

If you do have plans on being that a successful trader in 2024 then you should work hard for it, you wont really be making things possible or you would be able to achieve something
if you wont really be doing something of it. You would really be just basically be all in talks but doesnt have the action that you are taking.
Then how things would be possibly be able to attain in that case?

[Mame89]

Trading field is not a small subject which can be learned in 1-2 weeks. But if you are really interested then time will not be a big issue for you.

Trading stood with profit and loss as before. It is the same today and it will continue to take such profits and losses in the future. For this I think you need to focus on learning original trading without targeting any year like 2024, 2025, 2026. Which will make you successful one day or the other.

Yes exactly trading is not possible to be learned in a day or two but it requires some months to be successful in trading but sometimes an expert individuals also loss money because of volatile market. As a newbies traders should be conscious about choosing coins as every coin is not suitable for trading but for getting profit from it you have to keep it longer.

Actually trading needs more time and more energy as well as it is consists of more loss percentage than a chances of winning because if you learned all the things still there will some situations that will be against your thoughts and will deprived you from getting profit. The knowledge for traders never ends so keep getting knowledge and utilize it according to use and market nature.

There is no end to the knowledge of trading for us to learn because we not only learn about trading, but we also have to master the knowledge of the causes of market fluctuations that make prices rise and fall. So make every trade a science and never feel like you have mastered the science of trading because that will make us careless in making decisions. Yes, of course profitable trading is trading in the long term, and owning coins that have bright fundamentals in the future.

What I learned about strategy is that it doesn't have to be technically sound, as long as what you analyze makes sense. You create your most abstract strategies based on lunar cycles and they will work if they align with your goals. Don't forget to organize your risk management. In essence, to enter the world of trading, everyone needs more than just a salary to be financially stable. and I think investing in BTC, and ETH is the smartest and safest choice. But as always, things change every day and all you can do is trade responsibly and monitor the market and re-evaluate your strategy frequently.

[bettercrypto]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

It depends on how determined you are about what you want to do in the crypto trading business. If you can gain various information that can benefit you in the future, I think that will be enough for you to try to start in this field of the cryptocurrency industry.

You probably also know that this industry you entered is not easy, right? You have a lot to consider here. This requires long-term endurance or patience, and you must not be controlled by your emotions either. Your understanding, knowledge, dedication, and passion must be broad and deep so that you can succeed in your desire to enter here.

[Dr.Osh]

what makes someone successful in something is persistence, and continuing to learn. However, the tips for becoming a successful trader this year are the same as in previous years. You need to be consistent in the goals you want to achieve, don't get bored quickly, do in-depth research, be patient, don't be greedy, keep adapting, and much more.
However, the most important thing to emphasize in this case is don't be greedy and try to make the best use of the profits you get. Look for potential projects that can increase your assets even higher, and if you feel that the project has stopped growing, you need to look for another project. Remember, don't be greedy when you have made a lot of profits. Many people do not sell some of the assets they own, even when they have made big profits, and after that, they make big losses.

[retreat]

It is quite difficult to become a successful trader because knowledge alone is not enough, good psychology and good risk management are needed to make trading profitable and with lower risk. To achieve this cannot be done in just a year, it takes years to achieve this, by learning from a lot of experience in the market to be able to find the right position in trading. And dedication and discipline are also needed to become a successful trader, because successful people do not come from people who half-ass, but from those who give it their all.

[Dzwaafu11]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Don’t follow what people say that they are looking for financial success in 2024 and think of trading because you see other people around you have financial stability by trading and decide to jump into trading when you don’t have the knowledge of trading. That will be a very big mistake in 2024 for you again. However, jumping into trading without knowledge will make you lose more than you expect because you enter trading without the fundamental knowledge and skills that are required before you trade. And again, it takes a year to become a professional trader; therefore, I will advise you to not trade if you don't have any skill about it before it will not favour you.

So I will advise you to learn trading and use the money you have to invest in bitcoin and any other good or potential project that you have knowledge about that will generate you some money later. Perhaps you will.I would like to join the trading community after learning about it.

You probably also know that this industry you entered is not easy, right? You have a lot to consider here. This requires long-term endurance or patience, and you must not be controlled by your emotions either. Your understanding, knowledge, dedication, and passion must be broad and deep so that you can succeed in your desire to enter here.

Exactly. And that is why I told the OP that he should not jump into trading because he sees other people making money from it. Those people may have been in the game for a very long time now, but patience and control over your emotions are another very important thing a trader needs, and it’s compulsory for a trader who wants to be a successful trader because without these two things, there is no way you will be able to make money in the market. Furthermore, there is a lot of risk in the trading business. The OP should understand that trading has a higher degree of losing money than crypto investment.

[Mate2237]

This nice. I will also advise you to invest and also trade so to balance the equation. One thing in human life is determination and once you determine and put it into action definitely you must achieve it. But before you start your trading, you need to learn and know the basic elements of trading and some of them are. Knowing the entry point and exit point. These are most two important things in trading before others were added into it.

You have to know that there is risk in trading and you have to learn well before starting the trade and you have to start with a small amount like 200 USA dollar.

[Sanitough]

Trading brings a higher risk so you need to give it a long term preparation when it comes to acquisition of knowledge, skills and strategies so that your trading performance will never end up a mess but a successful and profitable one. By learning trading, you also need to be more skilled in reading charts and market patterns so you will be aware when is the best time to trade and when is not.

However, no matter how skillful you are in trading, you cannot expect 100% guarantee that you will end up with massive profits. Trading is unpredictable and could sometimes lead you to unexpected losses, that’s why trading needs to be cautious and be more prudently watchful on your trades.

[radjie]

This nice. I will also advise you to invest and also trade so to balance the equation. One thing in human life is determination and once you determine and put it into action definitely you must achieve it. But before you start your trading, you need to learn and know the basic elements of trading and some of them are. Knowing the entry point and exit point. These are most two important things in trading before others were added into it.

You have to know that there is risk in trading and you have to learn well before starting the trade and you have to start with a small amount like 200 USA dollar.

To be able to understand the trading strategies for beginners, it spends highly recommended to a small amount of capital first, so that you can understand the ups and downs of market prices and can adjust to obtain a small profit above the purchase price.  Don't be too hasty in targeting big profits, so you can get used to minimizing the risk of loss.  Everyone can be successful in crypto trading, the main key is to focus and have experience first

[BabyBandit]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

You read, read, read and read more, you try and try you will fail and fail. But you never give up once you reach your goal and if you not give up you will reach your goal!


Here you got a excellent answer of how you can go.

What you need is dedication, self motivation and most importantly knowledge.

Trading requires knowledge and patience and only the strongest minded people succeed in trading. It takes more than just waking up and deciding to become a trader. You can achieve success if you are mentally prepared and committed towards achieving your goal as i believe that is the first step towards achieving success.

Go through some comments on the link below you could find some useful information that will help on your journey.
https://bitcointalk.org/index.php?topic=5436046.0

[rojan]

A trader is successful only when he can control himself. If you have enough knowledge and technical analysis about crypto then you can definitely succeed in trading. If the market suddenly turns bearish, one cannot panic and make wrong decisions. Because you may face huge losses due to this fear of yours. Usually for a trader it is always the same. But if you are a successful trader then you can definitely hold Bitcoin for 2024.

If you want to become a successful trader by trading, you need to have good experience about trading, besides, you should always keep an eye on the market so that you can get a good idea about the market. If you don't have any idea about trading, it will be very difficult to make money from trading. Everyone does trading.  Can't Succeed Newbies to trading often fail to profit from training because they make wrong decisions.

[Volimack]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

The best way to start a business is to compartmentalize business plans. and to complete those fragmented plans in phases. With Entry 2024 you will never trade in the beginning. Trading requires a lot of knowledge and experience no one can trade easily in one day and one month. It takes a lot of time to understand the movement of the market. Invest in bitcoins from here and learn more about trading.

[Bushdark]

This nice. I will also advise you to invest and also trade so to balance the equation. One thing in human life is determination and once you determine and put it into action definitely you must achieve it. But before you start your trading, you need to learn and know the basic elements of trading and some of them are. Knowing the entry point and exit point. These are most two important things in trading before others were added into it.

You have to know that there is risk in trading and you have to learn well before starting the trade and you have to start with a small amount like 200 USA dollar.

To be able to understand the trading strategies for beginners, it spends highly recommended to a small amount of capital first, so that you can understand the ups and downs of market prices and can adjust to obtain a small profit above the purchase price.  Don't be too hasty in targeting big profits, so you can get used to minimizing the risk of loss.  Everyone can be successful in crypto trading, the main key is to focus and have experience first

Patience is one of the ways we can stay safe in the market and we should not allow greed to make us to over trade or keep trading without plans. We can make money from the market if we know how to plan our trades and don't over trade in the market.
Crypto trading is profitable but not to all because not everybody knows how to find there way and take the right decision in the market to make money for themselves as a trader.

[yudi09]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Choosing financial success with trading is not easy because trading requires many things to pay attention to when doing it.
You can trade, but long term or I call it investment. Buy and hold until a certain time limit. Is it for a year or more or when the selling price has reached a large profit.
Be careful when choosing coins. Avoid coins that follow trends.

[ajiz138]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Choosing financial success with trading is not easy because trading requires many things to pay attention to when doing it.
You can trade, but long term or I call it investment. Buy and hold until a certain time limit. Is it for a year or more or when the selling price has reached a large profit.
Be careful when choosing coins. Avoid coins that follow trends.

That is a difficult thing, if you start of course in trading will definitely experience losses and there are still many factors from the cause of the loss, then the success of trading feels a little more difficult but I believe there are people capable of doing that.

Trading requires a strong mentality while investing long-term I call it has little risk especially in bitcoin as long as he does not sell they will not lose, while choosing a coin on a trend then he might get into FOMO.

[goldkingcoiner]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

As a veteran trader since 2012, let me tell you about the pitfalls and how to avoid them:

1. Do not flip flop between trades (buying and selling then buying again and selling again and so on...). You will grind your money away with trading fees, even if you do not make any trading losses. And those fees can add up faster than you realize.

2. Do not buy/sell on "feelings" or on short term FUD or FOMO news that you might see on social media or the news.

3. Practice trading on a test server with test Bitcoin/other cryptocurrency. You will likely lose money in your first years of trading before you you learn how to trade on a profit. Better to lose fake money than real money.

4. Do not listen to any influencers/trading signals/insider groups. They are all scams.

5. Buy on lows and do so incrementally. DCA is your friend if you need a simple tactic.

6. Losing Bitcoin is worse than losing the dollar worth. 1 BTC = 1 BTC. Its better to have more Bitcoin, even if the fiat price is dropping.

[Strongkored]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

What opinion do you expect? because if you have decided that trading will be your focus this year then do it consistently and continue to add trading skills because it is very necessary and also continue to be aware of market conditions because traders will really need the latest developments that occur in the market, and never consider trading as easy if you are already profitable because at other times you are very likely to experience losses, and profits and losses are two things that are difficult for you to ignore.
You can try to reduce the risk of loss by acting carefully every time you want to open a position.

[FinePoine0]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you are new to trading then you should not trade as soon as you enter 2024, because if you trade there is a high chance of loss. Because most of the traders who face losses in trading are newbies, they suddenly start trading without doing market research and subsequently face losses. So by measuring the market of 2024 you will accept trading, otherwise you will not accept trading.

[passwordnow]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus.

It is going to be a tough road for you as trading sounds simple when you hear success stories and trades from the people who are making a living from this. But when the reality hits you, you're going to have the hardest time of your life and that's why it's important that you have a strong heart when you do so because you'll never know if you might give up on the mid run of your trading journey as a beginner. But no one's going to stop you experiencing all of this and if some strategies will develop you, strive for it because only you are the one to see how you'll work on your own trading activities and potential success in the nearest future.

I'm gathering information on how to go about it. Your opinion will be highly appreciated.

It's best to experience it on your own while reading some materials about the strategies that you may come up with especially with what everyone is saying about and that's the technical analysis. You will have to take time in learning all of those and also prepare your pockets of it to be full. So, just go ahead and trade and experience how this market is so very quick and volatile and you'll adjust on it eventually.

[sujonali1819]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If trading is the only area of your focus then focus on it. Learn more and more about trading. Success in trading actually varies on several stuffs like Knowledge, skills, trading strategy, etc. You can focus on these things for better results.

1. Learn and gather more knowledge about crypto.
2. Set a budget for trading.
3. Always start from lower investment
4. Always try to divide your investment into several parts. Don't invest all in one
5. You should also focus on Risk management strategy.
6. Stay updated with the crypto news
7. Control emotion during trading.
8. Learn about technical analysis
9. Always think about long-term investment.
10. Don't panic, don't be greedy, and always try to exit the trade at the right time.

Best of luck for your 2024 journey.

[Dimitri94]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading is an important platform for financial success but in trading a trader must know various things related to trading. If a trader thinks that he is good at trading then he should definitely trade for him. The current crypto platform is much more positive than other times. If trading in front of the bull market, there is less risk, so the probability of profit of the trader increases. The most important thing a trader needs to focus on in trading is to control his greed. Any asset in the crypto market can grow many times, but even if it makes a profit of 10 to 15 percent in one trade, if the trader does not withdraw that money, he will lose. The trader “must be satisfied with his small profit.

[Fara Chan]

If you are new to trading then you should not trade as soon as you enter 2024, because if you trade there is a high chance of loss. Because most of the traders who face losses in trading are newbies, they suddenly start trading without doing market research and subsequently face losses. So by measuring the market of 2024 you will accept trading, otherwise you will not accept trading.

I think all beginners can trade while doing their own research by trying to get to know more coins and then choosing several coins that they think are the best to trade this year. Because research while learning which is also accompanied by practice is the more appropriate thing to do because it is very complete overall for beginners. This means that everything that continues to be studied carefully for a certain time will definitely produce very good goals because even though trading is not something trivial for anyone, trading is also not something that is that difficult for everyone to understand. So anyone can do it well as long as they have the basic knowledge for it.

[tygeade]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading is an important platform for financial success but in trading a trader must know various things related to trading. If a trader thinks that he is good at trading then he should definitely trade for him. The current crypto platform is much more positive than other times. If trading in front of the bull market, there is less risk, so the probability of profit of the trader increases. The most important thing a trader needs to focus on in trading is to control his greed. Any asset in the crypto market can grow many times, but even if it makes a profit of 10 to 15 percent in one trade, if the trader does not withdraw that money, he will lose. The trader “must be satisfied with his small profit.

I do believe that there are way too many people who think they are good but in fact they are not good, that's the trouble. I understand that people may think that they are going to make a lot of money from trading, and there are some people who do make a lot of money from trading there is no doubt about that, but that doesn't mean that we are going to have anything that would be easy for a newbie, or someone who is not a great trader.

Just because there are people who could make money, doesn't mean you are one of them right now, it also doesn't mean that you can't because if you do put the time and the work in then you can become a good trader that makes profit too, but it is not automatic, you have to grind to get to that point.

[God bless u]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you are new to trading then you should not trade as soon as you enter 2024, because if you trade there is a high chance of loss. Because most of the traders who face losses in trading are newbies, they suddenly start trading without doing market research and subsequently face losses. So by measuring the market of 2024 you will accept trading, otherwise you will not accept trading.

Yes, invest all the money they have in trading, without thinking, they take entry in trading, but they do not consult anyone, that is, they do not study what they have.
What should you do? When should you buy? When should you sell?

All these things depend on what is happening. Take for example what is happening right now. Man, take entry in solana  at almost the price of 23 dollars and how far has it reached? I used to search for it often, so recently I found it two months ago,, it was about 22-23 dollars. Let's see the price now going to be around 100 dollars, so we should first of all pay attention to what time we have to enter and what time to exit trading. These two things are very important.

[shawonngp]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

I don't know you have experienced or not with trading, It seems gambling to you if you have no knowledge in trading, It's difficult but not impossible to learn so research about it before start, But in this year i have different plan, I am buying Bitcoins only and holding because before Bitcoin halving it price can go new ATH.

[yudi09]

-snip

That is a difficult thing, if you start of course in trading will definitely experience losses and there are still many factors from the cause of the loss, then the success of trading feels a little more difficult but I believe there are people capable of doing that.

Trading requires a strong mentality while investing long-term I call it has little risk especially in bitcoin as long as he does not sell they will not lose, while choosing a coin on a trend then he might get into FOMO.

Because we still don't have experience in doing it even though we have studied it in theory. Theory and practice are two sides that will get different results.
In theory we learn techniques so we don't lose, but when we practice it unexpectedly, everything we learn can still result in losses.
This is what makes it difficult to achieve success starting with trading.

Investing in Bitcoin is not as difficult as trading practice. As an initial stage, you need to know the basics of Bitcoin, which involves learning what Bitcoin is, how Bitcoin works, how to buy, how to save and when is the right time to buy.

[ShowOff]

That is a difficult thing, if you start of course in trading will definitely experience losses and there are still many factors from the cause of the loss, then the success of trading feels a little more difficult but I believe there are people capable of doing that.

Trading requires a strong mentality while investing long-term I call it has little risk especially in bitcoin as long as he does not sell they will not lose, while choosing a coin on a trend then he might get into FOMO.

Because we still don't have experience in doing it even though we have studied it in theory. Theory and practice are two sides that will get different results.
In theory we learn techniques so we don't lose, but when we practice it unexpectedly, everything we learn can still result in losses.
This is what makes it difficult to achieve success starting with trading.

Investing in Bitcoin is not as difficult as trading practice. As an initial stage, you need to know the basics of Bitcoin, which involves learning what Bitcoin is, how Bitcoin works, how to buy, how to save and when is the right time to buy.

Of course theory and practice are two different things. You will never be 100% able to apply a theory-based strategy to active trading, and you may even have to adjust it when something doesn't happen as expected. Trading is an activity with a high risk of losing money, but as long as you don't sell it at a low price then you can probably still hope not to make a loss when you sell it later.

Investing is easier, but perhaps it's only easy to say if one doesn't know how. You should never buy at the peak of an increase, it will only make you miss more opportunities to buy at lower prices. Investment requires strategy, as does trading, but short-term trading risks are certainly more difficult to avoid than long-term investments.

[Best-mary]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Trading is a better journey you need to take your time on, don't rush it. You start by using some good products like the smart trend, which could be fine on exchanges. Then, you can go further in studying your chart. How does it move? What time is more effective and so much more. Just take your time, you will get there

[yudi09]

-snip-

Of course theory and practice are two different things. You will never be 100% able to apply a theory-based strategy to active trading, and you may even have to adjust it when something doesn't happen as expected. Trading is an activity with a high risk of losing money, but as long as you don't sell it at a low price then you can probably still hope not to make a loss when you sell it later.

In practice it is difficult because many indicators and strategies need to be adjusted when market conditions change.
Holding back by not choosing to sell when the price is below the purchase price or perhaps the profit is still very small from the purchase price, may still be possible in this type of spot trading. If it takes a long time to hold on the exchange for those who use it because it is not yet profitable, they will risk losing assets when the exchange experiences problems.

Investing is easier, but perhaps it's only easy to say if one doesn't know how. You should never buy at the peak of an increase, it will only make you miss more opportunities to buy at lower prices. Investment requires strategy, as does trading, but short-term trading risks are certainly more difficult to avoid than long-term investments.

The practice of investing is much easier than trading. Just study and learn in detail about the basics such as how to save, when to buy after knowing what Bitcoin is and where it differs from altcoins. For beginners, I don't even recommend trading, but investing.

[ShowOff]

Of course theory and practice are two different things. You will never be 100% able to apply a theory-based strategy to active trading, and you may even have to adjust it when something doesn't happen as expected. Trading is an activity with a high risk of losing money, but as long as you don't sell it at a low price then you can probably still hope not to make a loss when you sell it later.

In practice it is difficult because many indicators and strategies need to be adjusted when market conditions change.
Holding back by not choosing to sell when the price is below the purchase price or perhaps the profit is still very small from the purchase price, may still be possible in this type of spot trading. If it takes a long time to hold on the exchange for those who use it because it is not yet profitable, they will risk losing assets when the exchange experiences problems.

Yes, of course. Refraining from selling below the purchase price is the solution when volatility makes you lose several percent of your total asset value. That's not a problem as long as you can maintain your psychology and not panic, but maybe you have to accept losses if you apply a cut loss.

It is possible that short-term trades tend to change traders' direction and decisions when the trend turns negative. This can result in them experiencing unexpected losses, but if they just buy and hold, then of course volatility is not a scary thing. Moreover, holding assets on centralized exchanges is not recommended if you are not an active trader. Your investment assets should be in a wallet that gives you custody, storing them online or on an exchange is too risky.

Investing is easier, but perhaps it's only easy to say if one doesn't know how. You should never buy at the peak of an increase, it will only make you miss more opportunities to buy at lower prices. Investment requires strategy, as does trading, but short-term trading risks are certainly more difficult to avoid than long-term investments.

The practice of investing is much easier than trading. Just study and learn in detail about the basics such as how to save, when to buy after knowing what Bitcoin is and where it differs from altcoins. For beginners, I don't even recommend trading, but investing.

I think it's okay to recommend beginners to trade as long as they know how it works. Buy low sell high, that is the most basic strategy they need to know. The difficult thing in trading is that when traders expect consistent profits, it is very difficult.

[Adams0001]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

I don't know you have experienced or not with trading, It seems gambling to you if you have no knowledge in trading, It's difficult but not impossible to learn so research about it before start, But in this year i have different plan, I am buying Bitcoins only and holding because before Bitcoin halving it price can go new ATH.

Trading is not a simple skill to master because of the risks involved, which must be taken repeatedly before you can be successful. If you said Trading will be your focus this years, you need to be learning much about it and know the strategic how you will be staking, and you need to know is better you trade with the money you can afford to lose, because Trading is not an investment that you will say he can minimize your risk when you start, I would like you to not focus on one aspect instead, you should be investing so that he can increase your knowledge about different coins. As for me, I believe in investing more than trading because I haven't gained much knowledge about it yet, and I can't say if I start trading I will be profitable, because it is very risky more then investment but if you are lucky you will profitable and change your lifestyle.

[boty]

Trading is not a simple skill to master because of the risks involved, which must be taken repeatedly before you can be successful. If you said Trading will be your focus this years, you need to be learning much about it and know the strategic how you will be staking, and you need to know is better you trade with the money you can afford to lose, because Trading is not an investment that you will say he can minimize your risk when you start, I would like you to not focus on one aspect instead, you should be investing so that he can increase your knowledge about different coins. As for me, I believe in investing more than trading because I haven't gained much knowledge about it yet, and I can't say if I start trading I will be profitable, because it is very risky more then investment but if you are lucky you will profitable and change your lifestyle.

It is indeed not an easy thing to be able to master trading well, we need to study it well to be able to really master it well and even those who can already trade are still learning about trading so that they can trade correctly, in doing so. In trading, of course we have to use capital that we can afford to lose if we make mistakes in the trading we do.

I agree with what you say, of course it would be better if we could trade and also invest and when we get a profit from the trading we do then we can invest to be able to get a profit from both of these things. If we don't have a good understanding of trading, it would be better for us to invest first in order to minimize the losses we will incur and when we want to trade, we can learn it first because it is very risky to trade with only a little understanding of trading.

[synchronym]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

op We who mainly trade must have some budget every year to trade. When we trade in the new year we must trade very carefully. If we don't have enough knowledge about trading then we won't be very successful in trading. Of course best wishes to all so that we can trade well in the new year. We all know that the money we will trade in 2024 will bring great success through trading.

[Essential10]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

I don't know exactly how much trading experience you have. I think learning trading cannot be mastered in a day or two, weeks or months. However, you want to make your 2024 profitable by trading, I hope you capitalize on your extra money and move on to trading. I don't want to get involved in trading 2024 as it will be pretty rickety. Expecting a bullrun at the end of 2024 around the Bitcoin halving, future plans are for me to invest more in Bitcoin at the moment and hold on to it. I would always advise you to hold because holding bitcoins is the least risky of trading.

[tygeade]

Trading is not a simple skill to master because of the risks involved, which must be taken repeatedly before you can be successful. If you said Trading will be your focus this years, you need to be learning much about it and know the strategic how you will be staking, and you need to know is better you trade with the money you can afford to lose, because Trading is not an investment that you will say he can minimize your risk when you start, I would like you to not focus on one aspect instead, you should be investing so that he can increase your knowledge about different coins. As for me, I believe in investing more than trading because I haven't gained much knowledge about it yet, and I can't say if I start trading I will be profitable, because it is very risky more then investment but if you are lucky you will profitable and change your lifestyle.

The biggest issue is that someone who decides to start learning now, will face the big bull run, and they will want to get in, and if they get in then they may even make some money because it will be the bull run, so it's a good period.

However, if we are talking about a situation where people need to keep learning THAT is the best time because you are also making money. If they stop learning, bear will eventually come and they will lose all that they earned, maybe even more and that would be terrible for them. Fill the bucket when it's raining, but do not let it open, just take advantage of the situation and you should be making money and then keeping it. Then you keep on learning more and more about what you should be doing with it.

[IvugeoEvolutionCoin]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you are new to trading then you should not trade as soon as you enter 2024, because if you trade there is a high chance of loss. Because most of the traders who face losses in trading are newbies, they suddenly start trading without doing market research and subsequently face losses. So by measuring the market of 2024 you will accept trading, otherwise you will not accept trading.

Those who want to start trading in new conditions should not start trading now without understanding trading because they do not understand what the market conditions are. When they start trading in new conditions, new people will be disappointed when they see the bad condition of the market and many people will lose all their money.  Chances will be. For newbies I would say never go into trading without knowing about trading because I think trading is much harder than it seems.

[yudi09]

-snip-

I think it's okay to recommend beginners to trade as long as they know how it works. Buy low sell high, that is the most basic strategy they need to know. The difficult thing in trading is that when traders expect consistent profits, it is very difficult.

Fear of being blamed when beginners experience failure and lose money or other means far from what they imagined when they traded after getting recommendations from us.
For investing, I dare to recommend Bitcoin to beginners who have the intention to do so but don't know what assets are appropriate for them to buy.
I am also willing to spend a lot of time with them to explain how to do it from the main things they have to do, such as how to store and maintain assets safely.

[Hypnosis00]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

I don't know you have experienced or not with trading, It seems gambling to you if you have no knowledge in trading, It's difficult but not impossible to learn so research about it before start, But in this year i have different plan, I am buying Bitcoins only and holding because before Bitcoin halving it price can go new ATH.

Trading is not a simple skill to master because of the risks involved, which must be taken repeatedly before you can be successful. If you said Trading will be your focus this years, you need to be learning much about it and know the strategic how you will be staking, and you need to know is better you trade with the money you can afford to lose, because Trading is not an investment that you will say he can minimize your risk when you start, I would like you to not focus on one aspect instead, you should be investing so that he can increase your knowledge about different coins. As for me, I believe in investing more than trading because I haven't gained much knowledge about it yet, and I can't say if I start trading I will be profitable, because it is very risky more then investment but if you are lucky you will profitable and change your lifestyle.

We can't yet determine or assume success already as we begin as there are a lot of things that may change along the journey. Many people become aggressive at the start but later on, they give up after having bad experiences and losses. We can just say success if we consistently make profits over losses and that is find it out after a few months doing this. And I notice that those who are in a hurry never get success and much more for impatient people. Trading style, funds, behaviors --that really matters in trading.

[Out of mind]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you think 2024 new year is right for you to trade, then I think it will not be right at all. First of all trading is a risky business so you may not survive in this business as most of the time the market will face volatility. When faced with volatility there is definitely a chance of losing your money, and you can't control your emotions at that time, so you lose your funds. In that case you plan investment instead of trading plan it will be good and great for you so invest long term and make yourself financially sound.

[cute nmp]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

[JunaidAzizi]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my areas of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Making a plan is not such a big deal everyone can do it at any time and a lot of people decided on 31 Dec but the point which a highlight successful person from the rest is consistently working on it. Trading is one of the best financial plans and I set trading as a goal, not like a beginner but to learn deep as much as possible and raise like a professional one. My friends also decided this and we together started working on it every day. So I suggest you start trading with dedication and do not allow anything to distract you from your plan and goal. This trading will help you in your financial condition and will make it perfect.

[HONDACD125]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

Taking a trading course is also a good idea, but nowadays there are many platforms online where one can easily get information about trading.Every job requires a mentor, but your learning process doesn't begin until you actually get into the field yourself.Wherever one gets the material related to trading one should get it.However, different traders have their own different methods and use whichever one sees fit.Therefore advice should be listened to by all traders and people, but always make your own decision.

I think many things can be easily learned from there for free if one learns online from different channels instead of mentoring a trading course.Our experience gets better and better when we start trading ourselves.However, it is very important to know all the important factors and basics related to trading.I have followed different traders and got trading information from different youtubers and now I am getting a good profit in trading.

[2girls]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

Many years have passed before this, think about how much I have gained and how much I have lost. Starting a new year does not change what you are, but you have to change your method. How do you do trading, what does your concept say and what is it? You can become a professional at it but you will have to put in a little effort and then you will become an expert in it and you will start benefit from this.
year will remain the same but what will you do in this year?

[EarnOnVictor]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

Trading is not child's play and I do feel for those who are starting newly as it might take them long years before they will finally get to be fit to be called a trader. Along the way, a whole lot will be meted to them whether they are fair or not, and they will be met with good and bad products/services and advice, while some will learn wrongly before they find their path towards the right way again, while others will not find their path towards the right direction at all until they are frustrated and quit trading entirely. Above all, the new traders need to learn and train until they become what they want in market trading.

But having a mentor as a new trader is second to none when it comes to luck, such will be so lucky especially if the mentor is a good one that understands trading very well. But the issue with most traders is not learning, but learning rightly. Fine, learning is good and we have seen a lot that learned on their own and are fine with trading, but the truth is that it becomes faster and easier when you have help, and there are many irrelevances that people often waste their time with, but mentorship will disallow that from happening.

[Mahanton]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

Trading is not child's play and I do feel for those who are starting newly as it might take them long years before they will finally get to be fit to be called a trader. Along the way, a whole lot will be meted to them whether they are fair or not, and they will be met with good and bad products/services and advice, while some will learn wrongly before they find their path towards the right way again, while others will not find their path towards the right direction at all until they are frustrated and quit trading entirely. Above all, the new traders need to learn and train until they become what they want in market trading.

But having a mentor as a new trader is second to none when it comes to luck, such will be so lucky especially if the mentor is a good one that understands trading very well. But the issue with most traders is not learning, but learning rightly. Fine, learning is good and we have seen a lot that learned on their own and are fine with trading, but the truth is that it becomes faster and easier when you have help, and there are many irrelevances that people often waste their time with, but mentorship will disallow that from happening.

You should realize this on the time that you do step your foot into this market on which you wont really be just that making yourself having those assumptions that trading is really just that an easy thing to
learn and deal with which we know that it is really that the opposite. There's no such way for it to be easy for someone to be able to acquire up such skills on which we know that this is something a skill
that would be able to gain or get on having that ample or proper time when it comes to learning and skill honing which it wont really be that a short time. Dont making about being successful
first because loses along the way could really affect out that kind of mindset and perceptions towards thing which it would be giving out that kind of discouragement.

If you are planning on being that skillful and successful then you should really be that wise when it comes to the decisions you are making. Just dont make yourself
in a hurry when it come to this because if you do then this is where you would be finding yourself into tons of mistakes.

[Iamcrypticguy]

What you need is dedication, self motivation and most importantly knowledge.

Trading requires knowledge and patience and only the strongest minded people succeed in trading. It takes more than just waking up and deciding to become a trader. You can achieve success if you are mentally prepared and committed towards achieving your goal as i believe that is the first step towards achieving success.

Go through some comments on the link below you could find some useful information that will help on your journey.
https://bitcointalk.org/index.php?topic=5436046.0

Trading needs patience and a high understanding of risk management. Once you understand those, you have an edge.

[deathcode]

If you are new to it then I will suggest you get a good trading course where you could learn some good concepts and strategies which could help you analyze the market and pick the best trading setups .You could also opt for a mentorship program if you find it hard to learn it by yourself ,the mentor can help guide you through and find what suit you best .Think with the right knowledge and skills anyone can become a profitable trader with time.

Many years have passed before this, think about how much I have gained and how much I have lost. Starting a new year does not change what you are, but you have to change your method. How do you do trading, what does your concept say and what is it? You can become a professional at it but you will have to put in a little effort and then you will become an expert in it and you will start benefit from this.
year will remain the same but what will you do in this year?

Yes, skills and experience will help traders become successful. but it all depends on how quickly the trader understands it all. developments experienced by traders are related to the trading process carried out. it is an achievement that cannot be achieved in a short time.
Beginners in trading, are more likely to trade using their estimates, not precise analysis. just enjoy our process of growing in trading. every experience provides a lesson. and we must grow with the experience gained.

[Bd officer]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

OP you are still new so planning to trade as a beginner might be risky. Don't know how much knowledge you have gained about trading. If you can properly analyze the market and trade then you can definitely earn profit. If you fail to analyze the market properly, you will face loss instead of profit. However, those professionals who were once new can slowly analyze the market correctly. You keep trying, hope one day you too can become a professional trader. But as a beginner, investing in Bitcoin is better than trading. If you can invest in Bitcoin and hold it for a long time, you will surely get profit.

[MFahad]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If trading is the only area of your focus then focus on it. Learn more and more about trading. Success in trading actually varies on several stuffs like Knowledge, skills, trading strategy, etc. You can focus on these things for better results.

1. Learn and gather more knowledge about crypto.
2. Set a budget for trading.
3. Always start from lower investment
4. Always try to divide your investment into several parts. Don't invest all in one
5. You should also focus on Risk management strategy.
6. Stay updated with the crypto news
7. Control emotion during trading.
8. Learn about technical analysis
9. Always think about long-term investment.
10. Don't panic, don't be greedy, and always try to exit the trade at the right time.

Best of luck for your 2024 journey.

These are some really valuable and helpful tips if anyone follow them properly i am sure they would help him a lot in becoming a successful trader,
You sum up the whole trading procedure in these 10 Tips.
All of them are good, but I like 1, 2, 4, 6 and 10.
Gathering as much knowledge about tradiing, setting aside a seperate budget, dividing investming between multiple assets, saying updated and exiting at right time. all these are so crucial for a trader.

[bettercrypto]

-snip-

I think it's okay to recommend beginners to trade as long as they know how it works. Buy low sell high, that is the most basic strategy they need to know. The difficult thing in trading is that when traders expect consistent profits, it is very difficult.

Fear of being blamed when beginners experience failure and lose money or other means far from what they imagined when they traded after getting recommendations from us.
For investing, I dare to recommend Bitcoin to beginners who have the intention to do so but don't know what assets are appropriate for them to buy.
I am also willing to spend a lot of time with them to explain how to do it from the main things they have to do, such as how to store and maintain assets safely.

In truth, everyone starts with the basics. As they say, don't feed a baby born with meat right away; milk must be given in the beginning so that it can swallow properly. So it is the same with trading activities when a newbie is just learning them.

So, even if we only know basic knowledge, we can still succeed as a trading activity while we are studying it, and we can also get earnings in crypto trading as well. In fact, there are also many people who experience and do it. Because I only know the basics while I'm still studying them.

[Lantind]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my areas of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Making a plan is not such a big deal everyone can do it at any time and a lot of people decided on 31 Dec but the point which a highlight successful person from the rest is consistently working on it. Trading is one of the best financial plans and I set trading as a goal, not like a beginner but to learn deep as much as possible and raise like a professional one. My friends also decided this and we together started working on it every day. So I suggest you start trading with dedication and do not allow anything to distract you from your plan and goal. This trading will help you in your financial condition and will make it perfect.

Yes, that's right, when someone can carry out the plan they have made consistently, of course they will be able to get maximum results from what they have done. When trading, of course you have to have a plan for when is the right time to trade and do it consistently so you can achieve the profit targets we have set.
When we have decided to trade, of course we have to do it carefully so as not to make a mistake in deciding the right time to enter the market to trade and we have to focus on the trade we are making and not make mistakes that result in losing the money we use in trading.

[crwth]

Personally, I would recommend trading continuously in the market and having a strategy that would adapt to certain kinds of markets whether you need to HODL, Sell, or just wait or something. I am currently using Gunbot for my trading and it's a set-and-forget type of thing and this is the post that I have done. Maybe you could try it or something.

[Bravut]

I think having the right approach to the market, proper risk management and discipline would go along way in shaping you to be a better trader this year 2024.
Is a nice idea to begin trading... than you just holding or doing the buying and selling process but you must be prepared to accept the outcomes of your actions.

[$weetne$$]

I think having the right approach to the market, proper risk management and discipline would go along way in shaping you to be a better trader this year 2024.
Is a nice idea to begin trading... than you just holding or doing the buying and selling process but you must be prepared to accept the outcomes of your actions.

I'll agree with you because without the right approach you won't be making profits from trading, 2024 is going to be a bull year for the market because Bitcoin halving will be happening therefore altcoins will benefits after Bitcoin starts pumping. Bitcoin controls how the market reacts because when Bitcoin is pumping other altcoins will benefit too. How to succeed as a trader in 2024 will depend on how informed you're because new coins will be listed and they'll be producing alot of profits when we trade the coins that'll be coming in 2024. Traders have to be right on time to buy a coins so they can sell when the coins give profits. Don't hoard coins that aren't giving you profits, sell them and try other coin so you can benefits from the money that'll be in the market.

[cryptoWODL]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If a person wants to be successful in trading then he must take trading education. Since you have personally decided that trading will be your only focus you need to acquire detailed knowledge about trading otherwise you will fail to succeed in trading. I think trading is a science the more you know about trading the more success you will get. Trading requires knowledge and a lot of patience. Your first step to achieving trading success is to prepare yourself mentally and commit to achieving your goals.

[kingvirtus09]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

Get deep into learning trading here in the crypto space. Don't just rely on what others say here, it's different that you yourself do your own research on trading. There's a lot to consider here pal. The question here is are you really willing to be successful here?

Is there 100% dedication to your stay here to learn about this crypto trading industry that we belong to? And learn from the mistakes of other traders who have used the wrong strategy.

[Tomcolor]

Practice a lot and be patient to improve your trading skills and you will become a successful trader. There are many people who have been studying trading for a long time but many have not succeeded in trading yet. However this year we might get a bull market so for now you should buy some of the best coins. even if you want to start trading then start with small money then you will experience less money loss.

[Romeotom]

How are you supposed to succeed in trading so quickly? It is not really available at all. If you are investing then bring project biographies then you will get best projects. But if you want to get profit from trading then do more research. How it works, how to visit the market, when trading success. If you want to get ideas from some experienced people then they will help you to do everything easily. Start trading with small capital then add big money slowly.

[Tipeform$]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

If you want to succeed in trading then you must understand all the trading strategies. If you don't have any trading strategy then you will never succeed in trading. We have seen that the market conditions in 2024 are going very well so this year 2024 if you understand some strategies to achieve success then I think you can bring yourself a lot of success in this year 2024. But I want to tell you to always choose good exchange for trading and trade with best coins. But remember never be too greedy in trading platform if you are too greedy you will get hurt.

[Julien_Olynpic]

It is not entirely clear what is the main goal for the author of the topic. Make money on cryptocurrencies or make money through trading. As you know, trading is a high-risk activity associated with the possibility of losing money. I don't think it's a good idea for someone new to trading to invest a lot of capital into trading right away. It is best to first gain experience and trade small amounts. At the very beginning, by the way, scalping helps a lot. Scalping helps to intensify the experience, so to speak. In other words, you will become proficient much faster than on other time frames. If your goal is not to make money through trading, but simply to make money, then I would draw your attention to hodl or retrodrops.

[Sorryfor]

As for trading, I would say that making a profit from it is a fairly difficult matter. But if you follow some strategies, chances are you can earn good amount of profit from here. First of all you need to know the cryptocurrency market properly. Gain proper knowledge about trading beforehand by analyzing the cryptocurrency market well and doing your best as much as possible. Then take the advice of those who are experienced. Then you start trading with a small amount of money that you won't lose much if you lose it. After that it depends on luck. So even if your loss comes first, don't get discouraged, stay strong and stay committed to your goal. Then hopefully you can trade and profit.

[Negotiation]

If you mention only one year here then I can say it is highly impossible to achieve full success by 2024, Now you have to think if you have no previous experience then you will not get success in this one year you may earn some money but you will not get success as a trader. Because one can never become a successful trader within one to two years. If you have tried for a long time in the past it is different.

[freedomgo]

It is not entirely clear what is the main goal for the author of the topic. Make money on cryptocurrencies or make money through trading. As you know, trading is a high-risk activity associated with the possibility of losing money. I don't think it's a good idea for someone new to trading to invest a lot of capital into trading right away. It is best to first gain experience and trade small amounts. At the very beginning, by the way, scalping helps a lot. Scalping helps to intensify the experience, so to speak. In other words, you will become proficient much faster than on other time frames. If your goal is not to make money through trading, but simply to make money, then I would draw your attention to hodl or retrodrops.

While trading can be more profitable than simply investing and long term hodling, but the risk to lose is high as well. So I won’t recommend for someone new to trading to focus on trading alone, you could have just invest a small amount at first and continue doing DCA for long term hodling. When you have gained some profits, now it’s a good idea to explore the field of trading and take some risk through trading at small funds. I guess losing will not be an issue if you only trade on the amount you can afford to lose, but if you consistently lose your funds, that’s another story already. Try to learn from other traders as well before you finally trade on your own.

[Jatiluhung]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

The most important thing is that you can maintain your mentality in trading so that it remains stable. Because I feel that trading turns out to be much more draining on our mentality as traders. And this is where we also need good emotional management in trading. So, besides having to master technical and fundamental analysis, it is also important for a trader to be able to master trading psychology. The actual practice is much more difficult than the theory studied.

Because when we have mastered technical analysis but we cannot control our emotions in trading, a trader can have more losses. Examples of two emotions that can harm a trader are greed and fear.

[bettercrypto]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

How long have you been in the crypto trading industry? Second, do you have knowledge of trading as well? or are you totally new here in this field of crypto space? Because if the guidelines you are following are correct, it is certain that you will succeed in the trading that you are looking forward to in the crypto business industry.

Then you always think that the basics are your first priority. As a trader, you don't need to be an expert just to get a big profit here; it's not like that. As long as you know how to read even just basic charts or graphs in the exchange, you can be sure that in the end you will be successful.

[wallet4bitcoin]

Above everything, get a mentor and go for quality knowledge. The degree of success you will record is directly proportional to what information you have access to and process.

Also note that institutions are also in the business of trading and the trading you seek is closely tied to other traders trading too.


Know that trading is simply making money and this money doesn't fall from heaven but comes from other people trading also.  You nees to know enough and out smart other people to make it

[Fatunad]

Above everything, get a mentor and go for quality knowledge. The degree of success you will record is directly proportional to what information you have access to and process.

Also note that institutions are also in the business of trading and the trading you seek is closely tied to other traders trading too.


Know that trading is simply making money and this money doesn't fall from heaven but comes from other people trading also.  You nees to know enough and out smart other people to make it

If you do see that getting a mentor would fasten up your learning and you do have the funds to spare on paying for such learning then go ahead and i could say that it isnt really that a bad idea, but if you are someone who dont have budget for that or doesnt have the funds then self learning should suffice.Myself considered to be self learning which i didnt really have passed through any mentors or having those group signals or learnings or whatsoever. Everything could really be searched online and its up to you whether you would really be making yourself that be serious on what you are dealing with.
Just dont rush yourself up on how to make money because this would really be just that making you desperate. Always be mindful about on how you would really be able to obtain the skills that you do need.

Market could really be having that tons of different variations or conditions on which it does have that specific approach for you to do so for you to be able to get grasps on such condition.
If you dont have those knowledge and awareness? then what you would gonna do?

[wallet4bitcoin]

Above everything, get a mentor and go for quality knowledge. The degree of success you will record is directly proportional to what information you have access to and process.

Also note that institutions are also in the business of trading and the trading you seek is closely tied to other traders trading too.


Know that trading is simply making money and this money doesn't fall from heaven but comes from other people trading also.  You nees to know enough and out smart other people to make it

If you do see that getting a mentor would fasten up your learning and you do have the funds to spare on paying for such learning then go ahead and i could say that it isnt really that a bad idea, but if you are someone who dont have budget for that or doesnt have the funds then self learning should suffice.Myself considered to be self learning which i didnt really have passed through any mentors or having those group signals or learnings or whatsoever. Everything could really be searched online and its up to you whether you would really be making yourself that be serious on what you are dealing with.
Just dont rush yourself up on how to make money because this would really be just that making you desperate. Always be mindful about on how you would really be able to obtain the skills that you do need.

Market could really be having that tons of different variations or conditions on which it does have that specific approach for you to do so for you to be able to get grasps on such condition.
If you dont have those knowledge and awareness? then what you would gonna do?

Trading needs one to device his own personal experience into a strategy. After having traded for a.while, it'll be easier to coin out what works better for you, if this is done personally, it will attract much costs in the form of trading losses. Hence, the reason why I said get a mentor, the concept of self tutoring via social construct and videos will still expose you to some degree of losses, but a mentor will charge you a one-off and then guide you to success

[Rockstarguy]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

One of the things that makes people to fail in Trading is having the mindset of making money quick from trading, instead of them to learn to get understanding to trade ,their major concern is to make money from trading quick. The first thing to go about trading is not just about getting the money to start up trading, understanding is the main thing to go about trading. There are principles in that traders needs to follow to be successful and it is important for Traders to understand this principle and to follow this principle to become successful. in Trading when this principles are not followed it is impossible to be successful in Trading.

Trading is not just about having capital to start up trading is small about learning because when there is no knowledge about trading it is impossible to get a good result so seeking for understanding and following the rules of trading is just the main thing to be successful as a trader.

[Mauser]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

How is the year 2024 going for you? I hope you started early with trading and could already take advantage of the early bull run. One of the most important things for me as a trader is to stay at least partially invested in the market. It's fine to take some profits, but I would never ever sell all my positions at once. Without any skin in the game we are going to miss out on a lot of opportunities. Which is also some problem newer traders face, they trade too much and accumulate a lot of transaction cost. Some more medium to long term approach can help with that and will lead to big profits during bull markets. The Bitcoin halving is still to come and I think there a lot of upside pressure for Bitcoin to rise long term. Good luck on your trading adventures and don't become discouraged if prices are moving against you. We won't be able to make a profit every week, there will always be times of falling prices and we just need to get used to it. Long term it's really hard to be the profit investors made with crypto currencies.

[moneystery]

Practice a lot and be patient to improve your trading skills and you will become a successful trader. There are many people who have been studying trading for a long time but many have not succeeded in trading yet. However this year we might get a bull market so for now you should buy some of the best coins. even if you want to start trading then start with small money then you will experience less money loss.

just practicing a lot and improving your trading skills will not make you a successful trader because being a successful trader requires not only those things, but also experience, emotional control, market understanding, experience and luck.

just see how professional traders can win a lot of trades, they not only understand what they are trading, but they also understand the market situation and their intuition has been built there. so that when they place a position in the market, they are confident and confident that their position can bring them a profit.

[adpinbr]

Yes, if you want to succeed in 2024 Trading, you should hold on for now, because I see no need for you to go into Trading because bull run it’s on I will advise you to hold on with your capital and stock them until the bull run is over and you may likely make profit as you stock your capital. And wait for the bull run to be over in the next few years that is 3 to 4 years or you can say 2 to 3 years.

Because you don’t have the experience on Trading and this is your best time you want to start because of how you see the markets pumping going high it entice you to go into Trading at this time, so just hold on until the bull run is over then you can go into Trading properly and before you do that make sure you take advice from traders and also make sure you have study the trade, do you want to go into.
 also don’t forget to watch how other trades is and to know when to go into market.

[AnonBitCoiner]

Trading is very risky and as you are going to accept others decision without own knowledge then it will become more risky for you. I think this time is a good time to make investment and keep it longer until it gives you profit of your target.

For financial success there are lots of others ways and trading is not only the way to become wealthy and now if you are getting knowledge and then participate in trading then you will have zero experience and 2024 will be gone.

This is not a time of learning but this is a time for doing something better so instead of learning about trading that is more risky do some investment and take benefit of this successful Year.

[Hamphser]

Trading is very risky and as you are going to accept others decision without own knowledge then it will become more risky for you. I think this time is a good time to make investment and keep it longer until it gives you profit of your target.

For financial success there are lots of others ways and trading is not only the way to become wealthy and now if you are getting knowledge and then participate in trading then you will have zero experience and 2024 will be gone.

This is not a time of learning but this is a time for doing something better so instead of learning about trading that is more risky do some investment and take benefit of this successful Year.

Also, you should put up into your mind that learning it wont really be  that something that have a fixed date or duration or time for you to be able to do so or something that you could be able to say such thing.
You wont really be that making yourself that to be a good trader in a short time, you would be experiencing tons of trial and errors before you could really be able to have a good grasps within the market.
We do know that each person does have that different level when it comes on learning things on which there are ones who are fast learners and there are ones who are average or low ones on which it would
really be that determining on how well you do able to handle yourself into those things.

Profitability will really be that a solid sign whether you do sustain or not. Fail or success on which it will really be that depending on a certain person
on how well he would really be hovering himself into this unpredictable space.

[sulendra12]

Above everything, get a mentor and go for quality knowledge. The degree of success you will record is directly proportional to what information you have access to and process.

If you want to go for the pay route and you can afford that, then it's your right to do it. But some of the traders are self-learner and mostly they know about certain stuff from youtube videos or reading some articles. I have seen some traders on youtube that opens a telegram channel to share about the analysis and stuff also they are offering a private course with some charge of course. If you are into that, then go for it.

[MFahad]

This is not a time of learning but this is a time for doing something better so instead of learning about trading that is more risky do some investment and take benefit of this successful Year.

Why shouldn't one do both? It shouldn't be an issue for someone to make investments that they find safe and also learn trading meanwhile they are managing their investments. One just needs determination and dedication to be able to learn trading because it's all about general interest and understanding of the simple trading principles and one can easily learn other things such as trading practices and how one can do research and analysis.
So I don't think that a person should only do one thing out of both when they can do both simultaneously. Making investments isn't that difficult if one doesn't have enough knowledge, they can invest in cryptocurrencies such as Bitcoin which is a safe option when compared to other cryptocurrencies.

[goldkingcoiner]

As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.

The secret of being a good trader is to throw away your fears. FUD and FOMO must mean nothing to you. Follow your strategy and don't start making new strategies while already executing a strategy. Know the value of your investment. So if you invest in Bitcoin, for example, then you should understand why Bitcoin will keep growing in the future. If you have doubts about your investment, then those doubts will have you panic-selling on the 5 minute chart.

Also be careful where you put your money. Always do your research.

[R100K-Martin-Lunger]

What's most important is that you prioritize learning, focusing on both technical and fundamental analysis to better understand market movements. Implementing sound risk management practices, such as setting stop-loss orders and investing only what you can afford to lose, will be fundamental. Also I recommend having a strategy in place. I have been diversifying and re-balancing my portfolio. Diversifying your investment portfolio can help mitigate risks. Also, stay informed about global economic trends that could impact the crypto market. You can also check out trading simulations so that you can get some valuable practice without the financial risk.

If you would like to discuss this further, you can contact me via my Discord: https://discord.gg/dCvaBZWNcG

[R100K-Martin-Lunger]

A trader is successful only when he can control himself. If you have enough knowledge and technical analysis about crypto then you can definitely succeed in trading. If the market suddenly turns bearish, one cannot panic and make wrong decisions. Because you may face huge losses due to this fear of yours. Usually for a trader it is always the same. But if you are a successful trader then you can definitely hold Bitcoin for 2024.

I agree, success in trading, especially in the volatile world of cryptocurrency, hinges significantly on self-control and knowledge. Understanding technical analysis is indeed crucial for predicting market movements and making informed decisions. The ability to remain calm and rational, even when the market turns bearish, cannot be overstated. Fear and panic can lead to poor decisions and substantial losses. Successful traders distinguish themselves by their capacity to hold onto assets like Bitcoin through the ups and downs, planning for long-term gains rather than short-term fluctuations. Holding Bitcoin into 2024, with a solid strategy and a cool head, is definitely a wise decision.
If you would like to discuss this further, you can contact me via my Discord: https://discord.gg/dCvaBZWNcG