Post
Topic
Board Altcoin Discussion
Re: Can you help out a newbie trader please?
by
lornadane
on 03/04/2022, 02:28:29 UTC
               As the title says, will any be so kind as to help an aspiring trader like me? I have read and watched dozens of articles and videos online as long they are free but I still suck at trading and the patterns along with the ways never seem to work. I only do 5x-10x leverage which is why I still have a few left to trade but still, these losses are just so discouraging. I've been in groups about trading but instead of learning I get ridiculed. I try my best but all the information available online are soo intimidating and are bombarding me. I do not know where to focus and I am at the verge of giving up. Making this post is my last push to learn trading. Some may suggest paid knowledge or getting myself a mentor but too bad it's pretty expensive for me right now. I just hope someone here can suggest what I should focus on learning about first or what strategies to focus on first as a beginner. Thank you so much for anyone who would help.

Why do you want to trade? Do you want to lose money? 95% of people lose money trading. You're also trying to use leverage to accelerate your deposit to zero. Trading is a dangerous profession and even if you take a course somewhere, it guarantees absolutely nothing that you will start making money right away. If everything were that easy, everyone would be millionaires by now.

I would recommend you to reconsider your attitude to all this and devote your time to study the crypto industry for further proper investment.

Yes it's true that many people now choose to trade, they think trading is an easy thing.
Even though 60% of them lost a lot of money when they bought the wrong coin for trading.
And I totally agree if we prefer to invest only with coins that have potential.