Quote from: Silberman on July 09, 2023, 07:46:02 PM

Quote from: freedomgo on July 06, 2023, 08:39:37 PM

Quote from: Nrcewker on June 28, 2023, 05:50:42 PM

Definitely, if you are a beginner, then you should always keep yourself updated according to the price of the market. At first you should gather knowledge on how trading works and what affects the price of the coin. if you miss the basic points when you are a beginner, then definitely there is a chance that you will make losses in the initial days. The points mentioned in the OP is well structured, but one doesn’t need to follow all. If your basic understanding about the market is clear, then you will easily learn all these features quickly while trading and gaining experience.

In addition to that, even if you follow all these factors, that will still not guarantee that you’ll be a good price predictor since the market alone is always unpredictable. Today, it’s price might be on a surge but the next day, suddenly all those prices have start declining. So you’ll never learn to predict the crypto prices easily. If you can’t predict them well, then just learn to adapt with the market changes. With experience, you’ll get used to it and this unpredictable market will never be an issue anymore.

When it comes to trading there are no guarantees, as not only the market could make an unexpected movement out of nowhere, which was impossible to predict just watching the charts and suddenly you are holding a losing position, but we must also remember that we are not perfect either, so even if you follow a set of regulations in order to diminish the number of mistakes that you make, eventually you are still going to make them anyway, and you need to find a way to solve this once it has happened.

It is true that the market sometimes has unpredictable movements and it is hard to predict even for expert traders,
there is no way to guarantee we will be a good predictor,
very much affects the movement of the market and it is difficult.