How do newbies understand trends in crypto world?

[liasbaa]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

Being involved in so many things means you can learn a lot but don't have to spend a lot of time learning. Remember that what you learn practically is more valuable. Get a basic education about Bitcoin and accumulate Bitcoin in line with your income without taking risks initially. Start with discretionary income at the beginning. Analysis the crypto market and increase your earning speed. Find ways to grow Bitcoin holdings for the future.

Build a decent Bitcoin portfolio rather than making profits at the beginning. Make informed decisions about the risks of the altcoin market because the risk is relatively high there.

[Fivestar4everMVP]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

Well, all of this are very easy to follow up on with the right apps on your device, you don't even have to know anybody physically if you don't want to.
So first, you will need to have the coinmarketcap on your device, or coin gecko and both, with this, you can easily track the prices of cryptocurrencies and even get some basic analysis and fundamentals from some of the inbuilt features of the app especially coinmarketcap.

Now, to follow and learn from high level traders and investors, the easiest platform I personally know of is X (formally known as Twitter) you can follow traders and investors on X, you can subscribe to their channels on YouTube to watch their educational contents on trading and investing and so on.

And don't forget yourself in all the process, you will need yourself, don't blindly believe and follow anything the supposed high level traders and investors say or do, learn to carry out research your self, come up with some thing different, develop your own strategy when it trading and choose for yourself how you want to invest incase you are interested in investing.

[Zigabel]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurrencies  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

For you to fit sabi the crypto mata well wey be say you go fit dey do am well dey see small kain profit den inside na for you to follow al dis step dem wey be sy you don write, but no be say you go sbi follow all one time, na small small you go use do am and before you go know, you go don sabi the thing well well.

But no be say you must don sabi everything before you go start to dey come put your money oh, because if you dey wait for dat kain tym, you go fit dey waste your time and time for Bitcoin no dey wait for anybody. you must no know all the technical first before you start, just know the basics on how to buy and sell den Hold and you go fit com dey learn oda things as time dey go.

[Plutomanian]

For you to understand crypto trends, you don't have to use a single approach to it and this is why it is important that we learn more and also have more than two information sources or channels that are reliable when it's going to crypto news and updates, you also have to develop a good insight about the use of market indicators in case you are into trading.

Utilize an opportunity of being a member of platform like this by asking questions that are necessary and as well joining in discussing from what others are delebrating about the market, it is not possible for you to be into crypto and not get updated information and have some reliable sources that will give you some of these feeds that you will need, don't forget that this is also a gradual process for you to acquire knowledge as you grow day by day.

Newbies are new to the space and the least they could for themselves is to ask questions and gain acquaintance with he market because that's the main reason they're here, to maximize their profits ratio and minimize their loss. We both know how challenging the market can be sometimes but it doesn't mean one should relent, rather one just have to keep pressing and understanding the basis until it finally pays off. You work, you learn before you earn in the market, that's how it works and you can not cheat the market.

Opportunities are created everyday in the market and we should be able to understand how it works and be rest assure we're coming for everything bigger in the market, it's just a matter of time before we can learn how to adapt, how to cope with the market because we're not ready for anything called losses when we don't have a roadmap to follow.

[Queen uloma]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

All those things are very important, but newbies also needs to learn risk management and patience early because alot of people rush into market because they want quick profit and that's where they make mistakes, costly one for that matter. See most times protecting your capital and avoiding the wrong decision can be more important than finding the next huge or big opportunity. To learn how not to lose money is a valuable skill on its own .

I agree with you, all these things you’ve mention is very important, risk management and patience are two things every newbie is supposed to learn from day one. Many people go into the market because they want to make quick money, that is where they make costly mistakes. Protecting your capital and avoiding bad decisions is more important than chasing after the next big opportunities. But once you lose your money because of impatience and poor risk management, recovering maybe difficult. Learning how not to lose money is a valuable skill on its own because surviving in the market is the first step to longterm success.

[fredericktaylor]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

All those things are very important, but newbies also needs to learn risk management and patience early because alot of people rush into market because they want quick profit and that's where they make mistakes, costly one for that matter. See most times protecting your capital and avoiding the wrong decision can be more important than finding the next huge or big opportunity. To learn how not to lose money is a valuable skill on its own .

I agree with you, all these things you’ve mention is very important, risk management and patience are two things every newbie is supposed to learn from day one. Many people go into the market because they want to make quick money, that is where they make costly mistakes. Protecting your capital and avoiding bad decisions is more important than chasing after the next big opportunities. But once you lose your money because of impatience and poor risk management, recovering maybe difficult. Learning how not to lose money is a valuable skill on its own because surviving in the market is the first step to longterm success.

It is true that there are some investors who enter the market with the intention of getting rich quickly without proper knowledge, as a result they face financial losses. Achieving success is not an easy work. First of all proper knowledge is needed, along with consistency and long-term investment planning and discretionary‌ money and patience are very important. When an investor invests consistently with proper knowledge and long-term planning and holds it patiently, he does not get disappointed quickly manages investments with confidence and waits for the right time thereby increasing the chances of making money.

[Btcdeybodi]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

As a newbie, you don't need to occupy your mind with trading mentality because you are not yet mentally ready to understand how the market works. All you just need to do is to invest and not to trade then if you have started investing and you still want to gamble some money on trading, you can because by that time you must have learnt some things about the market. The success of a trader basically depends on his technicality to understand market sentiments and apply some basic techniques that needed to help

[Plutomanian]

As a newbie, you don't need to occupy your mind with trading mentality because you are not yet mentally ready to understand how the market works. All you just need to do is to invest and not to trade then if you have started investing and you still want to gamble some money on trading, you can because by that time you must have learnt some things about the market. The success of a trader basically depends on his technicality to understand market sentiments and apply some basic techniques that needed to help

Traders and investors are not the same thing and we have known ourselves to be very straight in the market. This is not time to be relenting but time to focus and become very competitive and advanced because the market is no longer the same as it use to be. We've seen a lot in the market and how it have affected many investors and traders although the ones with proper techniques still end up accumulating profits for themselves. The market is filled with Volatility and the only one can come become more confident in the market is simply sticking to a trend, it doesn't matter if we're in uptrends of downtrend.

[Byebyebtc]

I do feel that some sets of newbies finding its hard to understand Bitcoin should get a mentor it does not have to be a physical mentor or whatever, you can get somebody from YouTube that you can choose to learn fom that's would help with most of information

When I personally started investing in Bitcoin I learned a lot from YouTube before I found out about the forum and I came here and I learned more too, so if someone does not have a physical person to learn from then a reliable content creator on YouTube is a good option as well.

[CryptopreneurBrainboss]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

Newbies don't have to necessarily do everything that you said but the most important thing they should do is to engage in the community and stay up to date and that's how they can understand new trends and be among those that benefit most from the market. The best advice newbies get nowadays is that instead of trying to follow every new trends or hype of the market, they can focus on accumulating Bitcoin from DCA through the funds they must have acquired from other sources of income.

A newbie must not necessarily be a trader anymore, they can become an investor and stand the chance of making bigger gains as they hodl their crypto for the future. It was back in the 2017's that newbies were encouraged to learn more about the trends since we had popular altcoins coming into the industry and making people rich overnight.

But as the market have gotten more mature we have began to see less of those hype instead what is more important now is investing in a project that has fundamental structures and will stand the test of time which Bitcoin is the most popular among them.

[Mia Chloe]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

The thing is trading is actually more of psychology than analysis for most traders what they battle with the most is not really the trades to take but how they would manage or handle those trades. literally if you take a general statistics you'll discover that it is even the major factor that separates experienced traders from the inexperienced ones.

~snip

There is nothing wrong in monitoring your portfolio what is actually more important is buying well and buying right. What actually matters the most is being able to keep your discipline regardless of what you see based on price movement.

[Inior]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

Indeed a newbie needs to know a lot about the market because the amount of knowledge you have is what will determine how far you'll go especially if you're a practitioner of the knowledge you have acquired. But then how would you eat an elephant? "One bite at a time" there is no need to skip any learning process all because you want to have a fast result, that will only make such persons miss the most important point as every knowledge is important because arrogance in learning will only cost you loses.

[Sammye3]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

Learning is not subjective but rather objective, it is not bound to people or mentors as that could only provide a sense of direction and guidance but can never decide for you. There is no two ways about learning, the more you engage in crypto related activities you would encounter new things that no one would tell you.

You can participate in airdrops and learn about wallet connection, launchpool, memecoins, how to detect scams, how the blockchain ecosystem works and many others. These are things that you might possibly not hear from anyone or see anywhere, that is the power of engagement on even the most irrelevant things.

[Cityhunter34]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

As a newbie, you don't have to worry too much. The most important thing in Bitcoin investment is patience, that's exactly what you need when investing in Bitcoin. Nothing more than that. The more time you spend in the space, the more knowledge you gain, because learning is continuous.

As long as you're still breathing, you don't have to bother yourself too much for any reason. Just have a good mentality, and you're good to go with your Bitcoin investment with any problems.

[Franctoshi]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

The journey into the crypto world is actually a journey of gradual process, meaning one step at a time. You don't come in immediately and hope to know or grasp everything immediately. No way. The crypto world, or industry, is like going to the university, where there are different/several departments, such as traders, miners, market analysts, developers, investors, etc. But you can choose to learn as many as you can, or either focus on one thing or just become an investor.

[Solodoski]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

Learning is not subjective but rather objective, it is not bound to people or mentors as that could only provide a sense of direction and guidance but can never decide for you. There is no two ways about learning, the more you engage in crypto related activities you would encounter new things that no one would tell you.

You can participate in airdrops and learn about wallet connection, launchpool, memecoins, how to detect scams, how the blockchain ecosystem works and many others. These are things that you might possibly not hear from anyone or see anywhere, that is the power of engagement on even the most irrelevant things.

Without conviction someone who is forced to learn wont take the process serious. Learning is born from resilience to know much of a thing. In Bitcoin, those who are forced to learn the relevant and sometimes the irrelevant things don't end up taking them serious when it comes to applying what they have learnt. It is those who have the hunger to learn and apply it.

[Out of mind]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

Simply put, the main goal of a new trader should be to understand the market slowly, not to expect quick profits but to learn with patience. Moreover, it is most important to learn the price movements and technical analysis of the market well. Only when the market charts are understood well will a new trader start making profits. It is necessary to observe the market behavior and then start trading since Bitcoin and Ethereum are the two most valuable and reliable coins, so trust and trade on these coins. Basically, we have to remember these things that the key to success in trading is patience, and learning continuously and controlling your emotions, only then will success be achieved in the future.

[Khaleedmaine]

I think a lot of people make the mistake of believing that because Bitcoin isn’t a few dollars anymore, the opportunity is over. That’s like saying the internet stopped creating opportunities after the ’90s. The easy gains are mostly gone, but the long-term potential and the opportunities around Bitcoin are still very much alive.

[Dzwaafu11]

Newbies should learn to invest in bitcoin as they start up and from there they start testing their hands on altcoins. The reason to start with bitcoin is that even when bitcoin price drop, it will raise again anytime soon and that will give them confidence that their investment is still intact. The mistakes in the past was to believe that altcoins will give you return within the next week and if newbie fails to learn that it is a gradual process, they will make same mistake.

I can not advice a newbie to invest in an altcoin it a really too risk for a newbie to invest in altcoin, someone who is even scared of loosing his money in butcoin investmeng does'nt suppose to even near altcoins because that is where the main risk is, anything can happen at anytime. Infact altcoin can disappear at any moment.

so that is why I think it is so important for newbie to stick to bitcoin investment, because of the risk in altcoins, although I don't know why you said newbie can also invest in altcoin but to me it is not advisable.

[Smartvirus]

People do say that Newbies needs to follow market details, monitor hike or crash in price, knowing basic technical  and essential analysis, learning from high level crypto traders and observing the performance of major cryptocurriences  such as bitcoin, Ethereum, also engaging in communities, educating themselves through verified and valid resources and real-world market experience.

This seems like one big phrase that didn’t get anywhere. I truly wanted to understand this but, I was staled, felt like a lot that needed to be said is just left out.

If I’m to say something on the subject of the thread, then you having to understand anything in the crypto space would always come from prolonged studies. Propel with experience achieve many small wins in the crypto space and that’s what you need to do, study and practice while counting your wins. All that you’ve mentioned in the OP are valid indicators and what’s best, you can practice that on demo.