How to Make Money in Crypto and not lose it as beginner

[tech30338]

you are a beginner definitely you'll make mistakes in the start since no one is there to remind you, and sometimes they are the one who will put you in that situation, you know why? there is no perfect recipe for it and since you are a beginner it will happen, tell someone who did not make any mistakes when they are starting, the best thing to do if that happens to you is learn from it, don't stop make things better that's life you need to go forward no matter what happens be strong.

[Wonder Work]

you are a beginner definitely you'll make mistakes in the start since no one is there to remind you, and sometimes they are the one who will put you in that situation, you know why? there is no perfect recipe for it and since you are a beginner it will happen, tell someone who did not make any mistakes when they are starting, the best thing to do if that happens to you is learn from it, don't stop make things better that's life you need to go forward no matter what happens be strong.

Yes, you are right. No one helps in the beginning. It doesn't help with proper guidelines; we must learn from mistakes. The more mistakes we make, the more we learn from them and aim to avoid making the same mistakes in the future. No one teaches someone by hand; you must know yourself and strengthen your foundation. Problems must be faced, and one cannot enhance oneself. Be firm at any moment. The only thing that must be achieved anyway is to smile in victory at the end.

[KingsDen]

Almost every newbie in the cryptocurrency industry sees trading as the easiest way to make money. Even when you advise them that trading is risky, most of them would not hear until they try it out themselves. So many of them regrets after trying it because they would not be patient enough to learn the skill of trading before trying to trade. It is after they must have failed that they will understand that trading is not for everyone.

There is nothing better than learning when you don't know, it is learning that leads to earning. When you have learnt enough, you would not easily lose your money for any fake Project. Learning is also not what is done in a haste, experience also is part of learning. The more anyone stays in a forum like this, the more experienced they get in things about cryptocurrency and Bitcoin in particular.

Yes that's right many people new to cryptocurrency think trading is an easy way to make money but they ignore warnings about its dangers. They mostly lose money because they do not take time to learn and gain experience. Trading requires skill and knowledge which come from dedication and learning. Learning takes time and experience teaches valuable lessons. More we engage with cryptocurrency community and learn better we will be at navigating space and avoiding costly mistakes. Knowledge is indeed power and in this case it is the key to making and keeping our money safe.

I was also a victim as a newbie. Mine happened dramatically. I joined the forum when it was a period of bull run 2021. I ventured into trading, and coincidentally the coins were rising and falling. I'll buy low and allow it rise and cash out, I was happy and thought I have learnt how to trade. This happened until bull run was over, that was when my losses started and I realised I had many things to learn in cryptocurrency trading. But to cut the story short, I finally gave up trading after I thought I have learnt somethings but my emotions failed me.

[Ever-young]

Yes, you are right. No one helps in the beginning. It doesn't help with proper guidelines; we must learn from mistakes. The more mistakes we make, the more we learn from them and aim to avoid making the same mistakes in the future. No one teaches someone by hand; you must know yourself and strengthen your foundation. Problems must be faced, and one cannot enhance oneself. Be firm at any moment. The only thing that must be achieved anyway is to smile in victory at the end.

But as a beginner, you can still reduce the number of mistakes you make before you finally learn how to trade and reduce your losses.
 
I believe one of the reasons why some traders add their mistakes and trading experiences online is for people to watch, read, and learn about them so that they can also avoid making such mistakes again in the future.
 
Mistakes can't be avoided completely, but most times we can use the mistakes made by other traders to enlighten our crypto trading knowledge.

[avp2306]

Yes, you are right. No one helps in the beginning. It doesn't help with proper guidelines; we must learn from mistakes. The more mistakes we make, the more we learn from them and aim to avoid making the same mistakes in the future. No one teaches someone by hand; you must know yourself and strengthen your foundation. Problems must be faced, and one cannot enhance oneself. Be firm at any moment. The only thing that must be achieved anyway is to smile in victory at the end.

But as a beginner, you can still reduce the number of mistakes you make before you finally learn how to trade and reduce your losses.
 
I believe one of the reasons why some traders add their mistakes and trading experiences online is for people to watch, read, and learn about them so that they can also avoid making such mistakes again in the future.
 
Mistakes can't be avoided completely, but most times we can use the mistakes made by other traders to enlighten our crypto trading knowledge.

To reduce your losses in trading the only thing you can do is to avoid doing trade while your knowledge about bitcoin and crypto is so narrow. Since usually you commit mistakes if you have lack of knowledge towards what are those important key points that need to consider before taking your decisions on what coins you are going to trade.

But if you come up on getting a lot of ideas then not rush everything especially taking bad decisions then for sure that later on you can avoid getting wrong actions each trade you made. But also of course we still need to be more careful since we know the market is unpredictable so that means we need to pay attention on our trades even if we know how to do it since market movement doesn't give any guarantee to anyone.

[Pmalek]

Too many people believe trading is something you learn from two or three YouTube videos and after reading a tutorial. But there are so many aspects that beginners don't consider. It takes a lot of time and work to build up the experience to become a good trader, and you will make mistakes even then. In reality, just buying bitcoin or a cryptocurrency you like and holding it is better for most than trying to swap and trade to increase your bankroll.

I wrote, Here Is What Can Happen If You Want to Trade Cryptocurrencies, but You Don’t Know How a few years ago to warn newbies not to take trading lightly.