I do want to know if it's possible for a starter to gainfully earn from Crypto trading without having to go through a professional training.
Of course, to make money here in crypto trading you don't need to be a professional trader. I'm not a professional trader, but at least since I have a few years of experience in trading, I can still make a profit, dude.
As long as you know the basic and usual behavior in an exchange that you are running as an actual trader, it is certain that you will experience profit here, as long as you at least know how to read the candlestick and other tools that you can use in trading.
Maybe an additional suggestion from me, when in a day you profit 5% to 10% of the trade, it is better to immediately take profit. Given that the market is not yet conducive and unstable, it will be very prone to manipulation. Be a smart trader without being greedy.
On general sense then it would really be that recommendable on having that kind of behavior when it comes into making actions on whatever situation you might faced on.Having some small percentage profits or gains
on a single day would really be that sensible for you to pull out and close orders and secure that profit for that day rather than waiting up for more which you cant really be that so sure if you could really still make
profits out of that.Trading without any professional knowledge is suicide, you dont even know on how to make positioning and what actions in regards on various
situations you are facing on.Of course you would be needing that knowledge for you to order to sustain.
If you are in this business to grow and not just basing or leaning with your luck, it's important to have the basic foundation and all along you will learn the deeper process that you can use in order to sustain your benefits, but, just like you mentioned it will be suicide or a risky investment if you will continue doing this without any knowledge.
The common mistake of each trader is to position their investment with their emotions instead of taking your call with more basis and factors that affecting the market movements.
Having the right basis will lead you to a profitable side of this business..