Quote from: OmegaStarScream on October 21, 2021, 12:43:48 PM

Quote from: willhuber on October 15, 2021, 09:36:53 AM

How about trading bitcoin? But of course, you need to first make your technical analysis skills strong, along with risk management. But once you’re able to do that trading can be an option.

Day trading is definitely not something I would suggest, especially for a beginner. It's very likely that you will end up losing your money. HODLing bitcoin is way more profitable. For the long term of course.

Yes. I wouldn't recommend trying day trading to a newbie just yet, but it's not a bad skill to acquire. The day trading bug hits you at some point and it's a great learning experience to realize you can have the ability to make money in this particular market. It does not hurt to practice on certain positions and learn how to identify patterns, high and low confidence levels, etc.