Post
Topic
Board Trading Discussion
Re: Can newbie become rich with trading
by
Xxmodded
on 04/05/2022, 18:19:44 UTC
****
Yes newbie can, as a newbie don't ever try leverage trading, the best is to trade degen coins or just buy and hold, one thing that I've studied about crypto is that if you are in a coin early enough you are bound to reap immensely from such coin, all newbie need is the right information, get in before the hype, forget about Technical analysis, Fundamental analysis superceed it, lots of newbies made good money from Shiba inu,
leverage trading is not recommended for newbies, I see many newbies who try leverage trading but end up losing because they still lack experience. it's better to be a flexible trader, you only buy when the price goes down and sell when the price goes up, sounds easy but it's actually quite difficult because of that you have to train your emotions and trading skills.
Not good ideas recommended beginner or newbie with higher leverage trading or use future kinds for trading because they still not understand with chance make fund loss. But less expectation with all beginner minds why when entering on cryptocurrency always asking " could be rich with trading? I know is not fault but how come can be rich with less knowledge and little fund bring for trading assets. Better learn step by step and know with risk first before talking about become rich with trading. But is not wrong when have dreaming become rich on cryptocurrency trading.