Learning comes before earning

[Abu-Naim]

From the little time   I have been in the trader’s world  knowledge has been one of the legends to the victory of much tremendous traders who are appreciating themself and they're famous...
As a newbie trader, you just have to pay the expense of success  before flexing that the the most important thing,

Nothing is as important as knowledge in anything you are about to start doing, if you have knowledge about anything, it will be more easier to do it and earn or benefit from it. Crypto trading is hard, and it is very profitable but it requires some sacrifices which include learning all the basic fundamentals about trading and know how to avoid losses and stop been greedy and take the little profits you have.

[_BlackStar]

Learning is not enough ... Actions are important and learning is the first action only.... for earning make more action then posts...

OP needs to follow the process - starting with learning and then practicing. Learning takes time - practice takes courage, but he doesn't need to put more budget in the early days. There is no trading course that is without risk in practice - every trader has experienced losses, that is a consequence that any trader needs to consider.

A trader who today would have earned tens of thousands of dollars as profits may have lost thousands of dollars in the process - it has given them experience, and they are even more capable if they manage to learn lessons from past mistakes. Trading is obviously risky - but knowledge and experience will make a trader more realistic about making a profit.

[goaldigger]

From the little time   I have been in the trader’s world  knowledge has been one of the legends to the victory of much tremendous traders who are appreciating themself and they're famous...
As a newbie trader, you just have to pay the expense of success  before flexing that the the most important thing,

Nothing is as important as knowledge in anything you are about to start doing, if you have knowledge about anything, it will be more easier to do it and earn or benefit from it. Crypto trading is hard, and it is very profitable but it requires some sacrifices which include learning all the basic fundamentals about trading and know how to avoid losses and stop been greedy and take the little profits you have.

This can be rewarding once you already know how to handle the market, and yes trading is not that easy.
If you want to be more profitable then you should not skip this part of learning and when it comes to trading, it may take years before you are able to make some real profit and that’s ok because in trading, there’s no easy money. Continue to learn, adapt and adjust, if you think you are losing then better to create another strategy on a different approach, trading is like finding your best strategy to make profit.

[sulendra12]

Many newborn traders have always made these types of great missteps all they just wanted was to flex without hard work and I guess it doesn’t function like that.

If you start earning money just to earn the respect from the others then you won't learn anything and you'll just make yourself really bad right there because your motivation is just to make someone proud instead of learning and making money during that learning phase. I hope that people won't use this reason.

As a newbie trader, you just have to pay the expense of success  before flexing that the the most important thing,

Not everyone have tendency to learn fast especially if you are newbie, just take your time if you are newbie because there is no reason to just do it fast because the stake is money, sacrifice have to be made.

[Botnake]

From the little time   I have been in the trader’s world  knowledge has been one of the legends to the victory of much tremendous traders who are appreciating themself and they're famous...
As a newbie trader, you just have to pay the expense of success  before flexing that the the most important thing,

Nothing is as important as knowledge in anything you are about to start doing, if you have knowledge about anything, it will be more easier to do it and earn or benefit from it. Crypto trading is hard, and it is very profitable but it requires some sacrifices which include learning all the basic fundamentals about trading and know how to avoid losses and stop been greedy and take the little profits you have.

Knowledge becomes your foundation to learning and once you’re able to learn and grow whatever you have gained, that will definitely lead to earning. Of course, you will only earn on what you have learned. So never limit yourself from learning everything, because that will turn as your asset as you will be more capable to a bigger amount of earnings. While learning is vital, earning as well is a must have. If you don’t know how to earn, you will surely have a hard time living the real battles in life.

[Finestream]

It’s always the basic to learn first so you will be competent enough to earn and save. When there’s no learning, you will have no idea how to earn, and you will have no opportunities to earn as well because you’re not knowledgeable on the first place. Learning comes before earning, that is if you don’t want to fall into series of mistakes and losses. Unlike newbies today, they all lose at first before they come to realize to prioritize learning in the first place.

[KingsDen]

-cut-

• Mr A can be an experienced trader while Mr B is an amature trader
• Mr A could be trading with $10k capital while Mr B trades with $100
• Mr A can be emotionally strong when his portfolio is at -70% while Mr B will shiver at -10%

Above all, newbies are always less successful in trading.
-cut-

I don't get your point. You just gave an example how newbies sometimes benefit from being scared easily (or fomoing easily). Yet you say that newbies are less successful.
Are you saying that Mr A is better trader, because he is experienced and stayed calm? Or because he trades with more money?

I was just randomly describing different types of traders that we have and not necessarily comparing them. Although I stated it clearly that newbie traders are much more less successful traders because of lack of experience and patience and many no risk management knowledge. The three instances above are not directly conjucted with one another but for random sample examples.

Mr B might panic sell in -10% while Mr a hodls to -70%. Calmness doesn't matter in that case, in the matter of fact it might have been disadvantage, as Mr B panicked before the markets, and still has %90 left to invest, while Mr A lost majority of his investment

Was used to demonstrate the level of emotional ruggedness. That at -70% a trader could be strong and waiting for reversal while at -10% another could be emotionally down and maybe experiencing a sleepless night.

[justdimin]

Many newborn traders have always made these types of great missteps all they just wanted was to flex without hard work and I guess it doesn’t function like that.

From the little time   I have been in the trader’s world  knowledge has been one of the legends to the victory of much tremendous traders who are appreciating themself and they're famous...
As a newbie trader, you just have to pay the expense of success  before flexing that the the most important thing,

Many newborn traders today do want quick capital and it doesn’t work like that I think one can not just get a land today and complete a building in just a day it is unimaginable you have to start it little by little that is how it has to been done….. I will advise newborns Money should not be what newborns think right now

It's true but it's useless because you can't teach someone if they are not willing to learn. Those who get into the industry just intending to earn money but have no intention to learn about it first will have to suffer in the long run. Even if every one tells them to learn first and then try to earn using their knowledge, they will always ignore what is being said and they will do what they think is right even if they are doing things the wrong way.

On the contrary, those who are genuine with what they do and are wise enough to understand that learning is the first step to success in anything you do in this world, you don't need to keep reminding such people about the importance of knowledge and the power it carries because they would already know about it.

[bangjoe]

Many newborn traders have always made these types of great missteps all they just wanted was to flex without hard work and I guess it doesn’t function like that.

From the little time   I have been in the trader’s world  knowledge has been one of the legends to the victory of much tremendous traders who are appreciating themself and they're famous...
As a newbie trader, you just have to pay the expense of success  before flexing that the the most important thing,

Many newborn traders today do want quick capital and it doesn’t work like that I think one can not just get a land today and complete a building in just a day it is unimaginable you have to start it little by little that is how it has to been done….. I will advise newborns Money should not be what newborns think right now

It's true but it's useless because you can't teach someone if they are not willing to learn. Those who get into the industry just intending to earn money but have no intention to learn about it first will have to suffer in the long run. Even if every one tells them to learn first and then try to earn using their knowledge, they will always ignore what is being said and they will do what they think is right even if they are doing things the wrong way.

On the contrary, those who are genuine with what they do and are wise enough to understand that learning is the first step to success in anything you do in this world, you don't need to keep reminding such people about the importance of knowledge and the power it carries because they would already know about it.

As we know in economic terms or money, that money will come to those who have knowledge and abilities, including in this industry, it is the same in my opinion, and as in principle we need to learn to have knowledge and abilities which means we must understand the learning process that takes time until we can have the ability to benefit from this trading industry, wisdom comes from mature and calm thinking, besides that mentality also has a very big influence in trading.

Yes, never rush in any industry to make a profit, everything needs a process and strategy that we must gain from knowledge, experience and skills.

[Litzki1990]

Must learn because if we don't learn we won't know about it and if we don't know about it we won't earn money. It is normal for new members to make such mistakes because no one wants to work hard to earn money rather everyone wants to take short cuts in earning money. By studying, someone is getting the highest degree in the country and by getting the highest degree, he is involved in one of the biggest jobs in the country. Besides, a friend who was studying at the same time, who was not focused on education, could not sit in that friend's place. He worked hard in his studies that's why he saw the face of success but he who was indifferent to his studies could not achieve success. Without knowing anything about investment or business, I took a shortcut thinking that it would only make a profit, but the result would not be good at all. So before earning money you have to learn and know and apply that subject only then everything is fine.

[Oneandpure]

Knowledge becomes your foundation to learning and once you’re able to learn and grow whatever you have gained, that will definitely lead to earning. Of course, you will only earn on what you have learned. So never limit yourself from learning everything, because that will turn as your asset as you will be more capable to a bigger amount of earnings. While learning is vital, earning as well is a must have. If you don’t know how to earn, you will surely have a hard time living the real battles in life.

All business kinds learning or knowledge is the first important thing to be foundation before able to earn profitable, the same with investing or trading in bitcoin need to get educate and knowledge about bitcoin if want earn profitable later. Have bad viewed right now when some one investing their money in bitcoin lack knowledge and large expectation to earn much profitable, learning about bitcoin and basic information about step by step in trading is very vital if want to be success in trading.

Nothing is as important as knowledge in anything you are about to start doing, if you have knowledge about anything, it will be more easier to do it and earn or benefit from it. Crypto trading is hard, and it is very profitable but it requires some sacrifices which include learning all the basic fundamentals about trading and know how to avoid losses and stop been greedy and take the little profits you have.

Knowledge is the highest caste when starting business, if you want to make a profit you have to hone your skills and continue to learn how to be successful, including investing in bitcoin. To earn much profitable in cryptocurrency is not easy beside have large patience but need knowledge and learn every day from the mistake when investing in bitcoin during have higher price.

[Crypto Library]

Your topic title was have the very valuable words. It is true that always in every where learning always comes before earning. And I personally think that there are also many low skills work that also make some earning but I think it's foolish to do that without learning something good. For example if we talk about the forums bounty hunters then they also makes earing with their spams with the zero skills, and also many of them are not conscious about gain some others good skills. So for them I say if they have the exploration skill and make quality poster they can also do signature campaign that can bring them a good earning.
So I will say that trading are also kinnda same thing here if any person come without learning and they have do some earns in the beginning then I thing they are waiting for the big loss in near future.

[RockBell]

It’s always the basic to learn first so you will be competent enough to earn and save. When there’s no learning, you will have no idea how to earn, and you will have no opportunities to earn as well because you’re not knowledgeable on the first place. Learning comes before earning, that is if you don’t want to fall into series of mistakes and losses. Unlike newbies today, they all lose at first before they come to realize to prioritize learning in the first place.

if learning were not important then we would not have given so much importance to foundation classes when we were taught how to sing, and other courses in the foundation, this shows how important the foundation is, back to trading you learn and you earn that is how it works, and some tricks can even use to even earn but if you don't learn the formal procedures then you will find it easier, and you can take opportunities, there are plenty of them so is just for you to know exactly how to take advantage. there are a lot of mistakes that can be avoided.

Not everyone can handle the risk that investing comes with and they don't want to learn, and there is no miracle that can be performed, is just for you to seat down and be ready to learn and that way you can earn, and you starting does not even guarantee that you will make money.

[Natalim]

As always - knowledge is the key to success. Nobody becomes a good trader without making themselves knowledgeable on this job. Learning is a preparation for a certain thing that we want to achieve and to make it possible. But it was not just learning the basics instead, have to learn more for passive results. For newbies, they have to understand that trading isn't as easy as they think. Earning is quite possible if we really want it to happen, must take priority to learn first before we start trading as this is our ticket to success. Otherwise, never think about earning as it certainly impossible from that situation.

[smelody]

There have no any alternative of learn. Learning makes a man success. For learning of anything must be have honest. Before the learning you might be the selection of subject than can run. Nobody can exper on many things Only one can be targeted and get success.

Many of people's are determined to take any part for establishing thing but time has gone maybe can't. As example if you have money will be make any decisions but what will be done. How and what will start for make more money learning is very important for everyone.

The more you learn the more you earn.

[lixer]

We should not need to be confused that knowledge is very important and a must before investing, trading, or whatever it is. While profit/earnings is the outcome of it.

In fact, old investors and traders continue learning because they want to improve their knowledge and skills as this will also increase their chances of earning. It is very clear to us that what makes us more profitable is that we know what we are doing, we have direction and acted according to our plan and target. That is why it was impossible to reach our goal if knew nothing. And newbies should know what they have to do first prior to starting their crypto journey

It's not confusion that deprives newbie investors of gaining knowledge before they get into the market for trading, it's their hunger for money and profit that makes them do things hurriedly instead of taking it slow which is the actual way of doing things when it comes to financial markets because you can only make full use of the volatile movements of a financial market if you understand everything about it and every single asset available in it.

Most newbie investors have a wrong perception of trading and the cryptocurrency market and they think it's easy to earn money in it and the reason behind this is the influence they get from social media platforms where people keep posting their success stories and profit screenshots while not discussing about the risks and losses one can incur for reckless trading.

[CODE200]

Remember that the lessons to learn in trading shouldn't be expensive or will make you put a hole in your wallet, you just need to be smart at how you will do the learning. One good example would be to be active on this forum, specifically in this Trading Discussion because here you'll be getting a wealth of experience from a lot of people that have done the costly ways to learn and there's a lot of advice that you can apply yourself into. Another thing that you can do to make your learning less expensive in trading is try doing paper trading or a simulated trading where you're trading based on real time charts but you're not earning any money or losing any too, it's quite a boring one and a frustrating tool though because you would wish that your trade wins would be real money but you would probably be more thankful if you did do it then try yourself on real trading because the losses there are real and there's no going back there.

[cute nmp]

Think that is the basic in every profession not just trading one has to learn before earning . Learning takes time and patience but one must learn to become a professional in any field.

[wxa7115]

Remember that the lessons to learn in trading shouldn't be expensive or will make you put a hole in your wallet, you just need to be smart at how you will do the learning. One good example would be to be active on this forum, specifically in this Trading Discussion because here you'll be getting a wealth of experience from a lot of people that have done the costly ways to learn and there's a lot of advice that you can apply yourself into. Another thing that you can do to make your learning less expensive in trading is try doing paper trading or a simulated trading where you're trading based on real time charts but you're not earning any money or losing any too, it's quite a boring one and a frustrating tool though because you would wish that your trade wins would be real money but you would probably be more thankful if you did do it then try yourself on real trading because the losses there are real and there's no going back there.

Newbies on their haste to trade are willing to pay any cost to do so, damaging their opportunities greatly, after all even if someone were to have great trading skills, it is for nothing if they do not have as well the capital to back those skills.

Since the higher your capital, the higher the profits you can get, so by trading so early on their journey they lack the means to protect themselves from suffering huge losses, making the use of demo accounts and paper trading two useful tools to reduce those costs.

[CODE200]

Remember that the lessons to learn in trading shouldn't be expensive or will make you put a hole in your wallet, you just need to be smart at how you will do the learning. One good example would be to be active on this forum, specifically in this Trading Discussion because here you'll be getting a wealth of experience from a lot of people that have done the costly ways to learn and there's a lot of advice that you can apply yourself into. Another thing that you can do to make your learning less expensive in trading is try doing paper trading or a simulated trading where you're trading based on real time charts but you're not earning any money or losing any too, it's quite a boring one and a frustrating tool though because you would wish that your trade wins would be real money but you would probably be more thankful if you did do it then try yourself on real trading because the losses there are real and there's no going back there.

Newbies on their haste to trade are willing to pay any cost to do so, damaging their opportunities greatly, after all even if someone were to have great trading skills, it is for nothing if they do not have as well the capital to back those skills.

Since the higher your capital, the higher the profits you can get, so by trading so early on their journey they lack the means to protect themselves from suffering huge losses, making the use of demo accounts and paper trading two useful tools to reduce those costs.

Exactly but that's not entirely their fault, some of the traders or the people that have introduced bitcoin and trading to newbies are overselling the aspects and benefits of trading without the precaution that trading will be mostly losses if you don't properly do it. That's why I decided to advice the use of those tools, they greatly reduce the cost of learning trading by doing a virtual trade. Maybe if a lot of traders also have a common sense, they'd probably be able to prevent themselves from falling from the same trap that's been the downfall of many newbie traders, if you think that what they're saying isn't true and you have a hint of doubt, do a double checking on what you're planning to do.