Post
Topic
Board Trading Discussion
Re: Is trading good for beginners?
by
omgitsmehehe
on 19/04/2023, 18:28:24 UTC
Trading is not a get-rich-quick scheme. Most beginners usually want immediate gratification, hence, they venture into crypto trading with little or no knowledge at all. I don't think people who are just starting our in crypto should engage in trading.

They should get a good understanding of the concept before they begin trading. This would obviously take quite a lot of time but it would be worth all the mistakes and errors in the future. Information is power.
Trading is step by step, skipping will only results in losses. Get rich quick scheme is actually not the style of trading, it requires more time before we start making profits in the market, the market is highly volatile and we would only target for the best alternative. Trading for newbies is usually difficult at first, but with constant practice and learning new trading strategies, one will become a pro in less than a year.. understand the concepts of trading, the risks management, the profits and losses and most importantly having good capital to trade.