Post
Topic
Board Trading Discussion
Re: Don't trade if you're inexperience rather stake your coins.
by
goldade
on 07/10/2020, 20:26:11 UTC
Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.

It is absolutely true one shouldn't trade inexperienced. Trading requires certain knowledge of the market and skills and it is imperative that one should take time to acquire all this. It is also true that rather than trading inexperienced, one should stake coins because it is way less risky than trading.
But then, I do believe that it is actually inexperience to think that all coins can or should be staked. An experienced person would know that not all coins eventually give profits when staked and would know which and which to actually stake.