At some point, we've all traded crypto.

Either we converted BAT to BTC, or even sold crypto we owned for a higher price than we got it 

Trading is simply buying and selling. It's not different from heading into your nearest Walmart and picking up something you like.

So why is it so hard for beginners to become profitable?

Well, it's because of 3 major reasons, which I will get to in a bit.

(This is by the way, but if you'd like to instantly convert between cryptocurrencies at no fee, Changelly does that for you. Check them out here.)

But I have to clear the air of something before we begin.

Crypto trading isn't a get rich quick scheme, and you've probably heard this a million times.

It takes patience and consistency to stay profitable and keep your head above the waters of losses.

So let's get into those reasons why beginners aren't profitable.

First is the platform they use. You have to decide whether you're a day trader or you're a swing trader before you start. 

Platforms like Binance are great for all trader types, while people looking to instantly exchange the BAT tokens they earned from Publish0x to BTC without fees will be best suited by Changelly.

Most aspiring traders are instantly put off or scared by the charts that professional platforms like Bitfinex provide. Simpler platforms like Binance and Changelly solve these problems.

Second is fees. Most traders are extremely happy when their purchase goes up 1% in a day. So they sell at 1% without realising that the exchange charges a 1.2% fee. So the price that the crypto must move by for the trader to break even must be 1.2%. 

Fees are one of the major reasons why traders aren't profitable. Exchanges like Binance solve this problem with a 0.075% fee while Changelly, an instant Cryptocurrency exchange literally has no fees.

Keeping an eye out on fees will make you know when to take trades and when to stay out.

Lastly is greed and fear. Most aspiring traders want to make that WiFi bread so bad that they take trades once the oscillator says so. They don't do proper TA or read the news, and this makes them suck at trading. Remember that this isn't a get rich quick scheme. Trading takes time and patience.

Thanks for reading! Did I leave anything out? Tell me down below!