Quote from: Quidat on August 10, 2021, 08:27:13 PM

Quote from: South Park on August 10, 2021, 06:00:38 PM

Quote from: Xampeuu on August 08, 2021, 06:42:19 AM

My advice is that a newbie should start from investing, and only a little capital is used for trading, so I don't think you will experience a big loss. sometimes there are many novice traders who want to immediately get a lot of money without being based on sufficient knowledge. that's what causes emotional control in trading

While investing should be in theory way easier than trading at the same time it can still produce huge losses for newbies that do not really know what they're doing, and the reason for this is that while in trading you need great technical skill in order to become profitable when it comes to investing you need great emotional maturity, you cannot get scared just because the price of bitcoin is crashing and unfortunately that is not a characteristic that many newbies have, so they can still lose a fortune in the process even if they are just investing their money.

Reading up some theories and apply it on real engagement to gain experience is always been a good tandem or simply its a must thing to do when you are trying to sustain yourself into this market.
Losses is inevitable but with sufficient knowledge and experience then you can actually at least able to handle up yourself into this very volatile and unpredictable market.
You shouldnt expect that you would get perfect trades anytime because there is no such thing for that thing to happen. Do your best to sustain and at least ending up on
positive despite of the losses.

Without a doubt knowledge is key regardless of your preferred method to try to earn money from the markets, however one big problem that I always see with newbies is that they are always trying to skip that step, they want to make the least effort possible and at the same time earn the most money they can, and this combination is very unlikely to be successful because there are people out there that are studying the markets as a profession and you are never going to beat them if you do not commit the same amount of effort and time that they are committing.