Quote from: Dorodha on September 18, 2020, 06:10:49 AM

Quote from: ibuddy122505 on September 14, 2020, 02:20:56 PM

Quote from: peterpanda on September 12, 2020, 06:58:54 PM

Trading is the good way to make money but it is so risky for new traders. I will suggest new traders to trade on demo account. More market analysis is needed for being a good trader.

Same here, I strongly prescribe to do a novice trader. Being patient at the start and get into the market slowly. Various things will drop over various times. But, do your practice and wait until you have the money to throw in at the start.

Newcomers usually come to the market without any skill to make money soon after greed so they are more at risk. I agree with you that the first thing a good trader should do is to analyze the market well. Having a good knowledge of the market makes trading risky. Also invest small amounts as the market is not stable no one can say when it will go in which direction even if the price of the currency goes down trader will not suffer much.

I believe that non of us here just come at this platform without any knowledge what crypto is. I do believe also that being a member of this forum could help you a lot by getting information in the past experience of our co members on how they deal with their first trading of cryptocurrency. And as always being a beginner in trading you must not only equipped with knowledge of what is crypto is but you should also study the market and how could you play the game without taking so much token to risk for.