Quote from: topbitcoin on Today at 06:16:46 PM

Quote from: Allicesmith on August 05, 2021, 01:06:24 PM

Hello Everyone.

I want to know your opinion on margin trading is it good for beginners or not? is there any high chance of losing the money?

I think better start step by step to do trading. If me personally will suggest to do spot trading first. At least we wouldn't get liquidated and can hold the coin if in a bad condition or in lose position. Because in spot trading, as long we not sell our coins yet, we not considered as lose and you can learn about analysis beside trading.

We are supposed to know ourselves then because a reason why a trader suffers losses is of being too confident and pretending that they know everything. We have to stop this kind of attitude as this gives no help but instead this only drives us to a worse end. In fact, even experts can't be consistent in spot trading how much more for noobs.
And for me personally, I'd rather stay where I can see myself was good enough. Trading is not for everyone the same as margin trading.