I overheard my coworkers discussing the idea that new investors in crypto cannot make profits without possessing trading skills. I would like to initiate a discussion on whether this claim is true or false. In my view, this belief is a false notion that is spread by individuals who want to discourage those who are curious about investing in crypto. What is your perspective on this topic?
Guys, I mean what other ways can newbies benefit from crypto investment without having to be a day trader or a professional trader. Because I believe there are other ways to earn aside from trading.
A trader must have experience and strategy to make a profit. Without experience it is never possible to be profitable not only in trading but in all fields people need experience. To be profitable in crypto one must first gain experience about the market and beginners need to know about it first. When a newbie goes to trading he has to know all the things and follow different aspects but he can gain experience and then he can profit. It is true that trading profitably requires experience as well as gaining knowledge and taking advice from good traders. And if a person trades by focusing on all these things then he can definitely profit.