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Author Topic: Learning comes before earning  (Read 1009 times)
EarnOnVictor
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February 10, 2024, 08:26:42 AM
 #101

I don't view it as the OP viewed it, I do not think that intending traders would want to trade and earn but not learn, how is that even possible? You can only do what you know. We can only say that the minds of some of them are fixed on the money they want to make than the learning, but no one will want to trade without learning, they will not do the magic, it is not possible. Also, it could be misconstrued if some people are learning but because they do not have anything good to show for it, people will think they are not learning or not doing enough, but this may not be the case with many people.

Many are just trying their best but have no way out, and if you look around you, you might see enough people who had tried to trade, learned it and trained about it for months or even years but abandoned it when it was not working for them. For this, as much as I value learning and encourage people to learn, I do not like it when we make it look as if people are just lazy or unwilling about it, it is not always like that. Trading itself is very tough and can be so frustrating. It is only a few that will make it through it. That's just the truth.

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February 10, 2024, 09:23:19 AM
 #102

~snip~
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
~snip~


I agree that we should sacrifice our time and our money but we can reduce that when we have someone teach us and when we want to learn in real experience we can use demo trading to reduce our cost. it's true that many people come here to get quick profit that's why we should increase our patience and lower our greed even top traders still lose in trading. Encourage our friends that trading in cryptocurrency is not a quick profit method rather than it's a great place to take the opportunity to change our life. 

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February 10, 2024, 09:47:55 AM
 #103

I absolutely agree with the OP.  This may be because there are many advertisements or videos that show how easy it is to going into the trading world. They think as trading guarantees income without hard work.  Finally they are frustrated with what they face through when entering to trading, they really  fell very deep.  They not know to be the great traders must have spent a lot of time and money to find their style in trading.  It seems like that's what the video and ads owners are hiding. This always be the worst beginner for new traders.
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February 10, 2024, 05:42:10 PM
 #104

I absolutely agree with the OP.  This may be because there are many advertisements or videos that show how easy it is to going into the trading world. They think as trading guarantees income without hard work.  Finally they are frustrated with what they face through when entering to trading, they really  fell very deep.  They not know to be the great traders must have spent a lot of time and money to find their style in trading.  It seems like that's what the video and ads owners are hiding. This always be the worst beginner for new traders.
If we decide to enter trading just by seeing advertisements about how easy it is to make a profit in trading, of course this is the wrong decision in entering trading, because if we see people who are successful in trading, of course they have studied it well. have been around for a long time and understand trading well and when we enter trading of course we have to learn how to analyze the market and the moment to enter the market so that we can gain profits in trading and also we don't need to see too many advertisements about trading if we don't understand it well, there is It's good for us to learn it first so that we don't make mistakes that result in losses.
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February 11, 2024, 10:32:14 PM
 #105


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


FROM…… OGSMALL OP NO RUSHING IN LIFE


All the capital we want to use for trading has to come from somewhere. It's not like we can make one trade without money and then have a big bankroll to start trading in larger scale. So, having some form of income is important if we want to give trading a try. It doesn't matter if it's a job, money from our family or just some savings. We need to have capital foundation that we can use for trading. The next step is than to make sure we don't lose that capital again and will grow it over time. Going for the most risky trades just so we can try and make the highest possible return is usually what leads to losing money. That's why I would recommend anybody to keep investing in ourselves and learning more about trading. Even a veteran trader who has been doing it for 10 years can still learn something new. And learning doesn't always have to cost money. If we exchange ideas and strategies with other traders on the internet, we can learn from each other for free. The most important factor is commitment and time, that will make up for any other shortfall.
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February 11, 2024, 10:58:41 PM
 #106

For a responsible investor, learning should be the first focus before trying to attempt profit making. But we all know that the new generation of investors these days are not giving much emphasis on learning but instead they take shortcuts and jump into chasing profits. And that’s very wrong because that will only put them into consistent and inevitable losses in the future.

But as the old folks say, let them learn from their mistakes. Once they see their losses are not healthy anymore, then they will surely shift directions and change their perspectives in life.
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February 11, 2024, 11:59:44 PM
 #107

Earning is a result of how knowledgeable and skillful you are. One should learn first in order to gain an impressive outcome. Just take a look at the early investors and traders in the forum, for sure they started from a scratch and decide to take most of their time learning their their desired career. It’s not easy since there will be a lot of hardwork and sleepless nights that will be experienced at first but we all know that before you become successful into something, you should put some sweat and even tears to it.

Now they are already reaping their rewards and live their success. But without learning at first, they won’t surely reach their current position in the forum and won’t live their goal’s success.

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February 12, 2024, 01:08:05 AM
 #108


I agree that we should sacrifice our time and our money but we can reduce that when we have someone teach us and when we want to learn in real experience we can use demo trading to reduce our cost. it's true that many people come here to get quick profit that's why we should increase our patience and lower our greed even top traders still lose in trading. Encourage our friends that trading in cryptocurrency is not a quick profit method rather than it's a great place to take the opportunity to change our life. 
demo trading as much as its data nearly identical to the real world trading still arguably lacking in giving that first hand experience of trading with demo account there's no emotion involved here, no money risked, surely people will be cool headed, if they lose they could swept it under the rug but with real money, someone gonna be stressed, panicking at the slightest market movement, as well as gonna be depressed when they are losing money. demo trading good to get the grasp of how things work, how the UI works, also how the whole platform works.
but overall for real trading its still lacking, start out real trading with low capital like just ten dollar and try to trade, it gives better impression, but I do agree with your statement about increasing patience and lower greed, it really is the key to profit.

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February 12, 2024, 04:41:25 PM
 #109

In every field including earning, it is most important to know and gain knowledge before achieving anything. Whatever you do, you must give more importance to knowing before doing it. Nowadays, there are many newbies who invest in haste hoping for higher returns and end up losing out. So as a newbie you should have a clear idea about what you want to do. Let's say if you want to invest then you try to know details about investment. Then in the beginning if you have a trusted person around you or you know who is good at investing then you can invest in a small scale with their advice. In the beginning though you may lose some money but you will definitely learn something from here. Then maybe you will start profiting from here slowly. So before doing anything it is necessary to get detailed knowledge about it. Emphasize learning.

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February 12, 2024, 07:39:48 PM
 #110

A fundamental truth in the world of cryptocurrency trading is to learn before you earn. Cryptocurrencies are dynamic in a dynamic world. The market is almost unstable. It is most important to gain knowledge about blockchain technology, market trends and different cryptocurrencies. It is very important to acquire knowledge on fundamental and technical analysis, competent management and market dynamics before investing and making decisions. You can acquire the skills of a successful trader by being conscious of prioritizing education through continuous learning.

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February 12, 2024, 08:38:37 PM
 #111


I agree that we should sacrifice our time and our money but we can reduce that when we have someone teach us and when we want to learn in real experience we can use demo trading to reduce our cost. it's true that many people come here to get quick profit that's why we should increase our patience and lower our greed even top traders still lose in trading. Encourage our friends that trading in cryptocurrency is not a quick profit method rather than it's a great place to take the opportunity to change our life. 
demo trading as much as its data nearly identical to the real world trading still arguably lacking in giving that first hand experience of trading with demo account there's no emotion involved here, no money risked, surely people will be cool headed, if they lose they could swept it under the rug but with real money, someone gonna be stressed, panicking at the slightest market movement, as well as gonna be depressed when they are losing money. demo trading good to get the grasp of how things work, how the UI works, also how the whole platform works.
but overall for real trading its still lacking, start out real trading with low capital like just ten dollar and try to trade, it gives better impression, but I do agree with your statement about increasing patience and lower greed, it really is the key to profit.
Demo trading is really that not that bad if  you are really just that starting up but dont make yourself that be confident once you do have that positive outcome on dealing up on demo
then dont try to reflect it out on doing in live trading because it would really be that a totally different thing. This is why it would really be better that you should really be that realistic
when it comes to things because if you are really that hopeful or being that too positive then it might be resulting into those too much expectation on which it might
be resulting on something negative ahead. You would really eventually learn up those other things once you do step your foot into the real world of trading which having that real balances.

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February 12, 2024, 09:10:16 PM
 #112

A fundamental truth in the world of cryptocurrency trading is to learn before you earn. Cryptocurrencies are dynamic in a dynamic world. The market is almost unstable. It is most important to gain knowledge about blockchain technology, market trends and different cryptocurrencies. It is very important to acquire knowledge on fundamental and technical analysis, competent management and market dynamics before investing and making decisions. You can acquire the skills of a successful trader by being conscious of prioritizing education through continuous learning.
In any case, before we decide to start, of course we have to study it first and in crypto, of course we have to keep studying it even though we have been able to get profits from trading or investing because if we feel that we have had enough of the profits we have been able to get and don't study it anymore then It's possible that we won't be able to make a profit from the next trade we make, because even though we already know well about crypto, we still have to study continuously so we can anticipate losses that might occur.
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February 12, 2024, 09:52:55 PM
 #113

According to education, it stipulated that education is success, so before you benefit from education you most understand the concepts of bitcoin, so therefore bitcoin is the beginning and master of them all in cryptocurrency, so for you to be successful in cryptocurrency investment you advocate time to learn the primary things that is behind the success of investment.

From my theory and perspective I think its cordial to learn and understand the foundation of anything that concerns cryptocurrency before expecting earning, actually if you create your part well in cryptocurrency you will be beneficiary for its investment, nobody who has understand the concepts of bitcoin very well that is not benefiting or earning from bitcoin right now, so therefore learning is necessary and important.
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February 14, 2024, 12:12:40 AM
 #114

Newbies tend to underestimate the power of learning before you think of earning in the trading world you must learn and unlearn,how do you expect to gain from something you don't have any knowledge about
For example you having the idea that mining gold can make you filthy rich but you don't know the process,or how mining of gold works you end up consumed in your own expectations.
Self acclaimed Gurus should also emphasize on this  aside showing there luxurious lifestyle that makes some newbies think trading is a one day job or bed of roses.
L comes before EARN to make it LEARN so don't skip the process, build yourself even Gold goes through fire before it becomes gold of worth

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February 19, 2024, 10:45:07 AM
 #115

In any case, before we decide to start, of course we have to study it first and in crypto, of course we have to keep studying it even though we have been able to get profits from trading or investing because if we feel that we have had enough of the profits we have been able to get and don't study it anymore then It's possible that we won't be able to make a profit from the next trade we make, because even though we already know well about crypto, we still have to study continuously so we can anticipate losses that might occur.

New coins are getting launched with new technologies therefore we can't stop learning because we have to learn the new techniques that the new projects are launching with. The market is big and it'll keep increasing then we have many types of projects, making profits from a majority of them can be done when we learn first before we think about earning. When you what to start trading, you can't trade and be profitable when you haven't learnt anything about trading because if you do that  you'll lose. Learning will give you lessons that you'll need to make you to start earning from.the profits that you make from the market. if you don't learn first earning will become very hard for you.

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February 19, 2024, 11:23:54 AM
 #116

Just imagine a job seeker failing to get hired because lack of education and experience. It is a mere fact that we need to invest first in proper education in order to get a higher chance of winning the competition. Perhaps, it was a prerequisite that we needed to acquire before landing a better job.

Just imagine how a businessman becomes successful. Indeed, they work hard on studying how the business operates so well. It all means that there is a big hope of earning money when we have experiences and learnings. Working hard in building knowledge and strategies is the key to success, and that is how we've paid off.
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February 19, 2024, 11:45:47 AM
 #117

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.

Crypto trading is not something that you can succeed at without the knowledge that comes with it. Anyone who enters the market without knowledge will eventually leave because there will be no progression in what he or she does, and trading is not as easy as people think. So any newbie trader who jumps into trading without learning it fundamentally will not succeed in the fact that in anything we do, not only trading, we must have the knowledge before we can be able to succeed in that thing. So, it surprises me when I see someone trading without the key knowledge of trading because I assume those people are not gaining anything; they always lose because trading is not like gambling, where we will say they may be lucky and win.

R


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February 19, 2024, 12:32:51 PM
 #118

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.

Crypto trading is not something that you can succeed at without the knowledge that comes with it. Anyone who enters the market without knowledge will eventually leave because there will be no progression in what he or she does, and trading is not as easy as people think. So any newbie trader who jumps into trading without learning it fundamentally will not succeed in the fact that in anything we do, not only trading, we must have the knowledge before we can be able to succeed in that thing. So, it surprises me when I see someone trading without the key knowledge of trading because I assume those people are not gaining anything; they always lose because trading is not like gambling, where we will say they may be lucky and win.
Trading is a very difficult thing, I don't know how much luck works here, I think you have to be very expert in trading, you can't do anything in trading by luck. There are some fortunes which are given by God and they are different things but you cannot blame fortune in case of financial or other losses.  Because you have to make your own destiny. If you live a lazy life and panic when you are not an expert in anything, your luck will not bring you success.

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February 20, 2024, 03:15:44 PM
 #119

It's a simple piece of advice given and it's cool that way cause currently now the market is not funny and it was never funny even to those that are expert ,
 Do you know that you will enjoy trading the more if you get to acquire more knowledge of it before entering and luckily you can be paid for it like you trading for a particular organisation, yes is possible, so don't at rush everything has a time and purpose
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February 24, 2024, 07:19:18 PM
 #120

Quote from: husencoe
Finally they are frustrated with what they face through when entering to trading, they really  fell very deep.  They not know to be the great traders must have spent a lot of time and money to find their style in trading.  It seems like that's what the video and ads owners are hiding. This always be the worst beginner for new traders.
That is why is very good to learn some of the things that is helping traders to stay long in their crypto trading and, if you can learn crypto trading from those that have been in the trading over some years, their impart will give you some opportunity to win big in the future because you have achieved some skills that will lead you to success.  

But some beginners that will settle down to learn from potential traders to know when to trade and when not to trade not to regret because, if you can be perfect in all those tactics, I believe you will go higher in your crypto trading.

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