Ive been wanting and taking my time to enter the trade game. But before I do, just wanting to know the prod and cons of having a lot of new traders coming in.
Trading is much more safer and easy to learn. Ive been preparing myself for months now and wanted to start my journey here in bitcointalk. But like me? New Traders are comming in fast. Will it be a good sign to our world of crypocurrency? Or will it affect the competition inside?
The number of traders is mostly irrelevant, if you are a really good trader then this means that all of those new traders are not competition for you and you will get their money and that is a good thing for you, if you're a terrible trader then it doesn't matter how many more traders enter the market you're still going to lose your money, so when you look at this from the point of view of your own results the number of traders is irrelevant.