Post
Topic
Board Beginners & Help
Re: Reason Why People(Mostly Newbies) Fall Victim To Scams Easily.
by
Markinzo
on 11/09/2022, 14:39:55 UTC
you can trade actively on the side. Could be P2P or actual spot or futures/margin trading on the side to make little profits on the way up.
It's easier said than done.

Trading is one of the most difficult games you'll ever play, because you're competing against a group of individuals who have far more resources, are far more informed, and far more intelligent than you. You'll also be up against those who have insider information, better financial means, and, most significantly, more experience.

If there is anything a newbie can do, it is to forget they can earn at least a penny but rather to survive in the long run -- of course, with the help of educating yourself.

Some other people suggest about trading and telling butterfly words that this is much better than any ponzi schemes because they can actually earn money here but they forget to tell how technical this area is since even if how good we are in trading still this will not give any guarantee that we will be totally get rich if we do trades.

Education is must be a priority to certain individual who want to became a trader because this will dictate their survival especially the market is so unstable and unpredictable.
Trading in the outlook of it all looks juicy for a newbie seeing how an experience and more older person in the business is making profits but would fail to understand that the person might have passed through rigorous and ugly experience of losses to be able to start doing fine in the cryto trading.

Here it's about putting self efforts and making up your mind that it's either a loss or win thing. And it's only when newbie's understand this side by side can they accept and learn from both the good and bad side of trading for them to improve.