Post
Topic
Board Trading Discussion
Re: Is trading good for beginners?
by
jossiel
on 19/04/2023, 19:08:20 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.
With people's success in trading, those that have heard about it are the ones thinking that this is an easy way and a quick get rich scheme wherein they think that they can do it as well.

IMO, nothing wrong with the new ones to engage with trading but they need to understand the risk and the fate isn't with them at the beginning.

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.
And little information is dangerous as they say, that's when someone think he's better than the others by just having the crowd source information.