I would choose to learn instead of giving up!

[Ella1 316]

Yes, my friend, you are right.  In order to master trading, there are steps that you must follow first. Learn for several months. Do not put real money. Just do analysis and observation.  There are some platforms that give you a demo account that can benefit from that as well. Then, after you master the analysis and start to understand when the price will rise and when it will decrease, you can start with some money and enter small deals that do not initially look at the big profit.  Do not get carried away by feelings and agitated.  All you have to do is be wise and have some patience, as there is no profit without effort.

[Stefan john 38]

On 8/13/2020 at 5:59 PM, Calvinpriva said:

First trade = Fail

Second trade = Fail

Third trade = Fail again!

 

What would be your next step in that failing situation? When i started trading i only earned profit two times out of my 7 trades! I earned a good profit in 2 days but later in 5 days i lost 10x of the profit that i earned! I don't think if there is any trader who earns profit only and he/she never loses some amount, so it's a normal situation to a trader life but there is a solution to avoid this regularly losing.

 

This was my problem.

I learned about trading by watching tutorials on youtube and reading articles in different blogs, it's really a good way to learn (I hope you know) i learned that trading is profitable and i will earn money (a lot of money) if i will start trading, but i never learned how to trade! I don't know if you understood me, i learned that trading is profitable but i didn't learn the basics of trading!

 

I started trading when i know only one thing, i should buy when the price is low and sell while the price is high so that i can earn a profit! I lost my 5 trades easily by learning only that and watching some tutorials then i thought am ready to trade. After losing regularly i doubted one thing, why i keep losing while am following the (buy low and sell high) formula? 

 

My solution.

So from there, i decided to LEARN again and see why i keep losing while i trade in the right way. And finally, i discovered the reason for me to fail regularly after i LEARN again, make research, and got support from my friends who trade too. The problem was, i learned that i can earn money by buying a coin when it's price is low and sell it later when it grows... But i never learned at which point i can say "Yes, now LTC is low so i should buy... Now BTC is low so i should buy!!!" So i was just buying even if today LTC is $75 then tomorrow dropped to $68 i would just buy because i saw a price drop of $7 !!! But i did wrong because LTC can fall up to $40, right? 

 

Believe me, this problem faces many beginner traders. They just know that formula (buy low, sell high) but they don't know at which point they should buy or sell. So instead of giving up, choose to LEARN! Make research of any coin that you need to trade it, and ask for support from other traders! Don't worry, if you don't know any trader we will support you (we are many traders in this forum) so just ask anything and we will support you. Don't agree to lose your money easily again, losing is there but not regularly

 

Example:

It's just like learning to build a house, you start learning to build a foundation and not learn to build a wall first. And that's how works in crypto, learn coins first (in deeply), know their habits, and then start to trade them.

_________________!

Thanks for sharing my friend useful and very informative information about crypto world. Newbie thinks trading is easy but by learning from this forum i think its not easy. For trading you need much knowledge and experience. Its not as easy as we think. Hard work is always payable so keep hard working. Everyone must be achieved their goals. Wish you all good luck.

[Sapna khan 87]

When you face failure again and again then do not be discouregeous and lose hope .You should learn from your mistakes instead of giving up .Failure are like a teacher of you so learnfrom them ,the  day will come whenyou will be successeded.

[Queen321 0]

Your post is critical to individuals who need to exchange cryptographic forms of money, and I think the main guideline fo an effective merchant is information and learning the fundamentals of exchanging. Learning is the way to progress and you ought not surrender, yet attempt to gain from your slip-ups.

[Spikee 73]

On 8/13/2020 at 6:44 PM, Calvinpriva said:

First trade = Fail

Second trade = Fail

Third trade = Fail again!

Well, if that was me then I would not be demotivated because every mistake are meant to be power that makes us stronger from every aspects if our life. Here, the market is competitive and everyone is intelligent so in this condition our goal should be to increase our knowledge so that we can compete in this market. If we are failed then it indicates that we need more knowledge so we should keep learning until we are success.

[Janii 306]

Its really true that before trading you should get perfect knowledge about the trading,you should know about its risks and benefits so that you can overcome it rather than giving up. Never giveup whenever you  lost  but always take a new start with some experience

[rmdanabogfr123a 26]

Whoever works here, my friend, is the person who is content to face his mistakes here in the forum.  We must learn from our mistakes.  We do not let time come before us and we do not make our mistakes grow, but we must challenge ourselves in the face of difficulties.  Therefore, applying the rules and correct course is the key to achieving success and thank you.  I wish you success and confrontation.  Correct within the forum

[Brimstone 44]

Well, facing some difficulties here in cryptocurrency will help us to understand more by getting some lesson from it, we just need to try and try until we succeed and giving up is not the key to success, it will lead you to failure.

[Zkria 21]

good morning my friends
I am new here and thank you for this valuable and useful information
But I think you must gain knowledge and experience before making money

[Wael154 1134]

Hello dear colleagues, of course you have to never give up that would be the last thing

That is why it is advisable to obtain a lot of knowledge about the world of cryptocurrencies for example in sites like this great forum where and many people who can teach many things about cryptocurrencies

Good luck and big profits for the whole community

 big greeting. 

 

 

 

[The prince 254]

Well said mate, it better you learn than giving up. Generally in life, those who most always succeed are those who don't easily give. You most have to keep learning and hopping to one day be successful. More greetings mates, have a nice day.

[Richa999 26]

@Calvinpriva

Hey friend i hope you are well thank you for sharing your attitude with us there is actually a lot of risk in friend trading and also a lot of benefits if you want to learn trading perfectly i can suggest you you should take trading training from a good trader You can trade. If you can't learn trading by watching youtube tutorials, then you should contact a good teacher and take trading training from him. It will be good for you. Have a good day friend.

[Tulip 10]

It is a very important and useful advice and as I said everyone believes that when trading we buy the currency when it goes down and sell it when its price rises, but in addition to that we have to watch the price chart of the currency you chose and learn to read it because it is very useful for us in trading and investing

[Muhammad Ammar 26]

If you don't give up on something you truly believe in, you will find a way. If we don't succeed in our work is doesn't mean that we should give up on that work. Rather we should learn from our mistakes that we do in our work and behalf of such mistakes we fail. So never lose hope and never give up however we should must learn from our blunders. 

[King080 6]

I think that until the last few months before the halving it was difficult to trade and have constant profits from crypto but this has changed a lot and we are also learning from this experience and the more we learn right now will be better for our profits when the real bull run begins. Giving up is not an option with cryptocurrencies.

[Sulmankhan786 28]

Thanks for sharing this valuable information I am agree with you that we should not give up hope but we should continue the struggle to become successful . We should learn from our failures because these are the best teachers for us. 

[M noman iqbal 428]

This type real life experience show's how hard to do trading, because most of new traders thinks trading very easy and became rich in short period, but when they entires in trading fields and observe deeply then they realizes how tuff to do trading, without any failure I don't think anyone success, so always learn new strategies to avoid loss this forum YouTube Google helps to learn trading tips.

[Calvinpriva 17296]

5 hours ago, Richa999 said:

@Calvinpriva

Hey friend i hope you are well thank you for sharing your attitude with us there is actually a lot of risk in friend trading and also a lot of benefits if you want to learn trading perfectly i can suggest you you should take trading training from a good trader You can trade. If you can't learn trading by watching youtube tutorials, then you should contact a good teacher and take trading training from him. It will be good for you. Have a good day friend.

You are welcome @Richa999. Its true there is a lot of risks when trading, and mostly when trading without knowledge or any trading strategies. That is why we should learn so that we can avoid this risks, or at least we can reduce them. There are many ways of learning trading including watching YT tutorials, online courses from Udemy, and of course by hiring trading teachers from Fiverr.

[Leoresurrected 214]

excellent publication dear friend and I very much agree with you, I would prefer a thousand times to be able to learn than to give up that is why I really like your publication knowledge is the only thing we can take with us and it is the most useful thing we have, we must know how we should do things and make everything flow for us at a certain point. 

[muhammedHm 18]

Yes, he chose to learn. They say knowledge is light, and ignorance is darkness. Therefore, I must learn and seek knowledge even if it is in China 

[Hume 191]

If you really wanted to be successful in life you won't give up whatever happens or however difficult life is. Learning will leads us to success so even if you have experienced a lot of struggles in life, do not give up. As long as you are learning, there are lots of opportunities awaits for you. Trading will be easy if you research about it and study things about it. It will not be complicated for you to enter in that kind of venture if you will learn things about it. 

[Morijin 20]

Thank you for sharing this, I'm a beginner and it has a big help to me while learning more about crypto trading. Yes it is not easy to do crypto trading because sometimes it is stressful you need a lot of patient on this and study the market and spend a lot of time in it, but that is the key to earn crypto, you must not give up easily just because you fail, because that failure is one of the experience you can add for you to success.

[M noman iqbal 428]

This type real life experience show's how hard to do trading, because most of new traders thinks trading very easy and became rich in short period, but when they entires in trading fields and observe deeply then they realizes how tuff to do trading, without any failure I don't think anyone success, so always learn new strategies to avoid loss this forum YouTube Google helps to learn trading tips.

[Johnsmith11 115]

Yes you are right most of the people in this sites ignor the post to read and comment on the topic only.

From my opinion if we read the topic carefully than we got knowledge and information and our skills improve .

So just read the topic and not give up .

[somar91 239]

Greetings to you my friend, you have written a great advice for us, because we need to work hard and learn hard in order to obtain the necessary experience for investing and trading using digital currency and this is necessary in order to avoid losing our balance. Thank you.