I'm new to the idea of bitcoin trading in general, and I was wondering how people actually get into it? It sounds like a lot of people have some sort of background in economics or finance, or work in trading in their day jobs and use btc trading as a sideline, are there a lot of people like this? Do people learn by losing money and then figuring out where they went wrong and correcting it?
I'm interested to hear people's stories.
Having a background about economical and market related terms isn't necessary for a person who wants to do trades, at least in my case.
If a person really wants to learn the art of trading, they will seek deeply about all the information they can get. But of course, reading is not enough if they will not put themselves in the actual scene.
Like you stated in the last part of your post, yes failures from trading experiences making us a good trader. There is no trader who doesn't experience loss in my own point of view.