Quote from: kawetsriyanto on May 07, 2024, 08:35:31 PM

Quote from: bettercrypto on May 07, 2024, 08:10:43 AM

Actually, it was the other year before they really understood the trading here in the cryptocurrency business field. Trading is a great deal, and there is no shortcut here, honestly speaking. From my own experience, it took me 3 years to fully understand it.

I agree with you. There is no instant way to understand trading, it should be based on a long process of learning. Trading isn't a simple thing that we easily understand, it is a quite complex thing. When we are trading crypto coins, we must understand several things at least:
- When we will buy the coins?
- How to choose the potential coins to trade?
- What our goals?
- What strategy to be applied for our trading?
- When we will take profits?

To understand those matters above, we need to have good knowledge about trading and we require to know much about crypto as a whole. We are also demanded to always update the information about the issues in crypto currently. This will be very helpful to determine what coins to choose and what strategy to be used for our trading.

We also need to know these things to support the continuity of trading for a long period of time:
- How to manage the funds?
- How to improve our mentality in trading?
- How to keep the spirit to trade continuously?
- How to improve the trading skills?

Sure, all of these things won't be achieved/mastered in a short time. I also need around 3 years until I have proper knowledge about trading.

Quote from: bettercrypto on May 07, 2024, 08:10:43 AM

And like everyone else, until now I have never stopped studying this trading because I still don't fully understand it, but I just understand it a little. And that's what an individual trader needs to do.

Yep. Learning about trading must continue, it is something that should never stop. The trends in the market always change, we can't rely on certain strategies on trading. That's why we must always learn it, we sometimes need to change the strategy. We also must know what type of coins that can be more profitable to trade. And there are many other things that must be constantly improved and updated.

I like these questions you made here, and they really make sense. These should be the questions that those who want to learn crypto trading should know first. Not the one who just goes with the flow without even knowing where to go.

This is usually the problem of the majority who enter the crypto space industry. The majority are always in too much of a hurry; they don't think that there is no shortcut to getting rich in life, and even if they know that, they still try to believe that there is a shortcut.