Newbie traders, work on yourself.

[jrrsparkles]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

Nobody really knows what happens next so it's basically a gut feel that we have to believe that what we are doing, it can pay off or not. There are some basics which we can learn but no one can make us to be profitable in trading unless it happens on it own and that is why gambling is often compared with trading too which is not 100% right but has its resemblances.

[Dzwaafu11]

I will not encourage newbies to get close to any signals trader or with those groups that promote it. You'll learn the hard way with them and you'll be complete dependent on it and at the same time, you're unsure whether it's going to help you or not.

Yeah. A trading signal is not advisable for a professional or newbie trader. Although a professional trader can use it, someone who just joined the market is not supposed to use it or even think of using it because it discourages newcomers from learning; they won’t learn the basic skills and the fundamentals of trading, and it is not going to determine how the market is going because once the user sets it up, that’s how it will work. When the market changes, you won’t know, so for newbie traders, they should just focus and learn the basic things that are needed so they will succeed in their journey into cryptocurrencies.

If they're for free, as long as you won't spend any penny on them I guess it's fine. But when they start to ask you certain amount of money for their signals then you should run away from them.

Even though they didn’t ask for money, I won’t advise them to go near signal’s because, at the end of the day, it will not help them at all. If they request for money, that is when you can even be sure of what they are going to give me as signals since they request for money, but someone wants to offer you some trading signals and claim it is free, then you now think it will be legit, but if he asks for money, then it’s not legit, which doesn’t make sense. If you can accept the one they ask for money, then leave them that is free.

[lixer]

Newbies are in too much of a hurry to trade shortcut rules do not work in everything. Trading is not possible if you don't know it in depth. With own experience in trading signals and trading and a job where you need to be always updated with every ups and downs in price etc. with technical chart tables updated news data at hand which will help you identify trends in the market. Then you can profit from trading.

The fact that newbies are always in a rush to earn money is the reason why so many newbies find failure in trading and then they leave the market by putting all the blame on the market and saying cryptocurrencies are useless, they are a scam, etc., when the reality is that they didn't even learn anything before getting into the market because their only aim was to earn money from trading which they couldn't do since they lacked the necessary knowledge.

This is why, it's not recommended for anyone to start trading before having enough knowledge and understanding of everything even if you have your capital ready. You will eventually lose the capital and then curse the market for it.

Knowledge and experience are two fundamental requirements of trading, knowledge can be gained, and experience will come with time, but if you don't even try and gain knowledge, you are bound to fail.

[synchronym]

Trade must gain enough knowledge about trade. If we don't gain enough knowledge about trade, then if we make a wrong decision, we have to pay a big loss in trading. Newbies often make mistakes, if there is any link about trading through youtube, if they learn from there, they almost make this mistake by trading from there, if they don't have enough knowledge, they lose their own money. So I would like to say to the newbies that it is never right to trade without gaining enough knowledge about trading. When newbies trade, if they lose a small amount of money, if they cannot handle the grief of losing money, then they will not be able to trade well in the future, so they must be patient enough to check the market and trade with a long-term plan.

[AakZaki]

Even when novice traders follow signals, they won't last forever. It could be because the signal accuracy has decreased and other members are no longer using the signal. This means the channel owner will not continue producing signals to share.
traders cannot rely on trading signals, even though they help but at least they should still develop their trading skills. otherwise what happens is just following, and no development is obtained.

That is the mistake of novice traders, not wanting to learn the basic knowledge needed for trading. Because basic knowledge is very important to be able to move to the next level. It's useless to have trading signals but not be able to use them. there are only losses and the signals from the pump group are only signals that provide profits for the group creator.

[boty]

Even when novice traders follow signals, they won't last forever. It could be because the signal accuracy has decreased and other members are no longer using the signal. This means the channel owner will not continue producing signals to share.
traders cannot rely on trading signals, even though they help but at least they should still develop their trading skills. otherwise what happens is just following, and no development is obtained.

That is the mistake of novice traders, not wanting to learn the basic knowledge needed for trading. Because basic knowledge is very important to be able to move to the next level. It's useless to have trading signals but not be able to use them. there are only losses and the signals from the pump group are only signals that provide profits for the group creator.

Most of those who are just starting out in trading make mistakes due to a lack of understanding about trading and they ignore the basic knowledge that they must understand first before starting to enter trading and when they don't have basic knowledge about trading what they do in trading is just following the trend so they experience losses in their trading Yes, those who have trading signals will of course only benefit themselves and will not think about the fate of their followers whether they experience losses or not.

[God bless u]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

So the earlier every newbie interested trader understands that the period  he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes  directly out of your own self-made analytical work.

There are many mistakes of new traders that give him a lot of loss them into trade, they end up wiping out their wealth. The first is to panic too quickly after trading, which means that a little you don't even wait for it and sell it, that is the first step of you have taken the wrong. The second thing is that the investment is less, the less investment you have, the more you are in tension. If you have a lot of investment, you will be able to travel for what you have and you will not panic easily. These two things are very important.

If who control these two things, then he can become a better professional trader, he can quickly change himself out of new trading and create a name for himself in the world of trading. In addition, if one cannot act on these two things, it is better that he does not step into the world of trading because he will have to bear more losses and the chances of receiving benefits from him are less.

[BitcoinTurk]

I will not encourage newbies to get close to any signals trader or with those groups that promote it. You'll learn the hard way with them and you'll be complete dependent on it and at the same time, you're unsure whether it's going to help you or not.

If they're for free, as long as you won't spend any penny on them I guess it's fine. But when they start to ask you certain amount of money for their signals then you should run away from them.

It takes time to learn trading and to determine whether you're okay to stay on it for so long or you're going to choose other ways of remaining in the market such as holding.

Definitely, especially individuals who have just started trading in the cryptocurrency markets should stay away from channels that claim to make money by sharing signals because many people are often defrauded by these signals and this completely prevents the person from improving himself/herself at the very beginning. Even though there are channels or phenomena that share signals for free, I think that the data obtained from them should never be trusted because there is never anything clear about the experience or accuracy of information of the people sharing these signals.

In addition to all this, I would like to add that users who trade in the cryptocurrency markets by following the signals cannot gain real experience and will have difficulty learning how to do research in the market. Someone who trades by following successful and unsuccessful signals will not be able to improve himself/herself in trading in financial markets because he/she will not do research, will not follow price movements and will not be able to face his/her own mistakes for gain an experience.

[AnonBitCoiner]

Even when novice traders follow signals, they won't last forever. It could be because the signal accuracy has decreased and other members are no longer using the signal. This means the channel owner will not continue producing signals to share.
traders cannot rely on trading signals, even though they help but at least they should still develop their trading skills. otherwise what happens is just following, and no development is obtained.

People often use trading signals at start because they have little or no experience and also they are not familiar with the market but it is necessary to get knowledge from these signals as well because no one can completely depended on signals and if someone fully follow the signals then it means that he lack the ability to learn well and he likes to get ready mate materials.

There is no issue if for sometimes people use crypto signals and take help from it but I think if someone look towards signals the whole day for longer timing then what he learned from this? How he will be successful trader? Will he always follow the same signals always and will not learn anything? Taking help from signals is okay but don't be too lazy to fully work according to signals as they don't always work according to the market situations.

[tygeade]

Even when novice traders follow signals, they won't last forever. It could be because the signal accuracy has decreased and other members are no longer using the signal. This means the channel owner will not continue producing signals to share.
traders cannot rely on trading signals, even though they help but at least they should still develop their trading skills. otherwise what happens is just following, and no development is obtained.

Many people mistakenly believe that they can trade and make a profit using other people's tips. But the reality is completely different. You either become a professional who makes a profit using your knowledge and experience, or you lose your money and leave the cryptocurrency market forever.

There has been a ton of stuff that went wrong with humanity after the invention and development of social media for sure, definitely a lot in regards to finances as well. I think it has to be pointed out that we are going to end up with something that has to be a little bit different and it will cause a lot of trouble for us.

I think it has to be because of the social media because it has caused a lot of people to share, back in the day we wouldn't know what others did or how they did it, now we can see what everyone does and how they do it. This causes a lot of people to end up trying to do the same thing. Of course the result will not be the same and this is why there are a lot of people who lose a lot of money as well.

[tvplus006]

...There is no issue if for sometimes people use crypto signals and take help from it but I think if someone look towards signals the whole day for longer timing then what he learned from this? How he will be successful trader? Will he always follow the same signals always and will not learn anything? Taking help from signals is okay but don't be too lazy to fully work according to signals as they don't always work according to the market situations.

The use of signals will be appropriate if you use it as an additional tool for making your decision. Because in any case, you will incur financial losses, and not the one who provided you with the wrong signal. It is for this reason that sooner or later you will have to learn how to make independent decisions.

[Bushdark]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

Nobody really knows what happens next so it's basically a gut feel that we have to believe that what we are doing, it can pay off or not. There are some basics which we can learn but no one can make us to be profitable in trading unless it happens on it own and that is why gambling is often compared with trading too which is not 100% right but has its resemblances.

From one time or the other, many of us here that are good at market speculations had been a newbie and growth is one to the things that had made us to be strong and be a better trader. Since we learn everyday, that had been a way that had been sharpening us to become better everyday by day. Trading at first is never easy and one need to be wise on how we trade and make market decisions. Although there are traders that are not that good and analyzing the market but with time, things will change hand.

[Russlenat]

When you decide to enter the world of trading, make sure that you are good and prepared enough when it comes to your mind and emotions, and your finances as well as you should never trade if you cannot afford to lose your funds. While learning trading takes some time and requires necessary knowledge and experience in the market, some traders do not even think about it as they rely on third party for their trading decisions, or they rely on signals which I think cannot assure the trading success. If you are currently doing this, it’s better not to continue trading at all, otherwise you will only lose your time and money without doing such efforts to work on yourself.

[_BlackStar]

When you decide to enter the world of trading, make sure that you are good and prepared enough when it comes to your mind and emotions, and your finances as well as you should never trade if you cannot afford to lose your funds. While learning trading takes some time and requires necessary knowledge and experience in the market, some traders do not even think about it as they rely on third party for their trading decisions, or they rely on signals which I think cannot assure the trading success. If you are currently doing this, it’s better not to continue trading at all, otherwise you will only lose your time and money without doing such efforts to work on yourself.

Dependence on third parties for daily trading activities or similar is never good for a trader's efforts to grow. What they need is knowledge and experience - they certainly need to learn it themselves instead of just wanting to play it safe without the effort and desire to be able to. Trading lessons are a bit complicated if traders don't really consistently learn them - it obviously takes a lot of time.

Learning to make analysis, learning to draw charts, improving skills and independent practice are some of the things that support trader growth. They cannot allow themselves to fall into a position of comfort and dependence on other parties - of course because traders are budget owners who should be able to do it themselves instead of other people.

[Vaculin]

I don't blame newbies relying on others because they are in the learning stage and I know most of us did this during our novice time. There is no problem with that because this is not a long-term bond between the learner and the teacher, it is soon to get separated when a newbie is ready enough to stand and make their own decision.

Doing alone will take so long which is why having someone accompany us helps to shorten the process which I believe that is great. Just imagine that if someone who is better than you will teach you, you can be good also. Of course, we also have to choose the person who can be trusted and the one who also cares with us, not these signal groups and scammers.

[Ziskinberg]

Being a trader holds a big responsibility to end up with a positive and profitable outcome, which I think will only be possible if one is determined to become a potentially successful trader. With that, trading experiences are highly encouraged more than knowledge and first hand information, as trading is focused on skills and mastery in trading. So if you think you lack all of these traders  potentials, then never rush yourself into trading but find time to learn and understand trading before you decide to gain experiences.

Trading is not like gambling that you have to be lucky to be profitable, but be lucky and skillful as well so you can achieve positive outcome when trading.

[bettercrypto]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

Nobody really knows what happens next so it's basically a gut feel that we have to believe that what we are doing, it can pay off or not. There are some basics which we can learn but no one can make us to be profitable in trading unless it happens on it own and that is why gambling is often compared with trading too which is not 100% right but has its resemblances.

You know trading in the crypto field is the main place for us to generate or get profit. The only problem is that most traders here don't have time to study it properly. What they only heard or watched once is okay with them; what they think is okay, and they understand that they thought it was just that, and they will make money from trading.

So, if you know for yourself that you don't know anything here, you should find out for yourself if you can learn it and really understand it. It's no different from a student studying in school; the only difference is that we ourselves will find a way to learn from it. So the one who will teach us here is also ourselves; how about that? through tools or guidelines that we will learn. If we don't do this, we won't really grow, and in the end, our trading activity will be useless.

[jrrsparkles]

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

Nobody really knows what happens next so it's basically a gut feel that we have to believe that what we are doing, it can pay off or not. There are some basics which we can learn but no one can make us to be profitable in trading unless it happens on it own and that is why gambling is often compared with trading too which is not 100% right but has its resemblances.

You know trading in the crypto field is the main place for us to generate or get profit. The only problem is that most traders here don't have time to study it properly. What they only heard or watched once is okay with them; what they think is okay, and they understand that they thought it was just that, and they will make money from trading.

So, if you know for yourself that you don't know anything here, you should find out for yourself if you can learn it and really understand it. It's no different from a student studying in school; the only difference is that we ourselves will find a way to learn from it. So the one who will teach us here is also ourselves; how about that? through tools or guidelines that we will learn. If we don't do this, we won't really grow, and in the end, our trading activity will be useless.

I disagree, if someone will make profits from studying the trading completely then most traders will dedicate a year or two to study the trading completely then will become a millionaire in another a year or two later.

But trading doesn't work like that, future is unpredictable we can analyse the market trends with the help of technical analysis but we will never see that the market will behave like that as predicted and for your information even if you use different indicators for the same time period you will get different from the previous results so it may give sn insight but there are lots of other factors too influence the market too.

[Cryptmuster]

That is the mistake of novice traders, not wanting to learn the basic knowledge needed for trading. Because basic knowledge is very important to be able to move to the next level. It's useless to have trading signals but not be able to use them. there are only losses and the signals from the pump group are only signals that provide profits for the group creator.

That’s right, the mere presence of a signal does not mean that a beginner will be able to make a profit, they must also be able to use this signal correctly. And besides, no one guarantees that their signal will definitely work. A beginner should invest their energy not in searching for a channel to buy a signal, but in their education, then they would be able to analyze how good this signal is, and perhaps even give up the idea of ​​using these signals.

[kentrolla]

I don't blame newbies relying on others because they are in the learning stage and I know most of us did this during our novice time. There is no problem with that because this is not a long-term bond between the learner and the teacher, it is soon to get separated when a newbie is ready enough to stand and make their own decision.

Doing alone will take so long which is why having someone accompany us helps to shorten the process which I believe that is great. Just imagine that if someone who is better than you will teach you, you can be good also. Of course, we also have to choose the person who can be trusted and the one who also cares with us, not these signal groups and scammers.

I have been through the same situations and the problem at that time was we didn't had a proper guide at that point of time and now we have so many sources which claims to teach the people about crypto trading but it's some random stuff which they do it for money I am talking about YouTube channels which claims to teach them about trading and just run through any random strategy promising higher win rates which are not true. I think awareness is the only thing we need to work on because if you just type anything on internet about trading all you get is some experts claims to teach technique to give hefty returns in short time  that's the problem as the newbie trader's mind is occupied with a aim that they can earn real quick through trading without any understand of the risks associated with it and challenges.