Post
Topic
Board Bitcoin Discussion
Re: Beginners, you don't need Bitcoin first
by
Twentyonepaylots
on 03/08/2023, 14:53:38 UTC

Newbies don't really need to make an investment immediately in the cryptocurrency because they just carried away with the hype of other people, ideal first they understand how the bitcoin works so they see the benefits of the cryptocurrency itself after on that secure of the accounts, wallets, or asset as possible actually few only teaches this kind of thing because there's no safe in the internet people are still prone with the hacking issues.
Another thing for the newbies not ideal to make a single pot with your investment ideal to scatter so if the other investment does not win you have another resources that could pullback those losses.

I agree with this. If you're just starting out with cryptocurrency, it's essential to understand that you do not necessarily need to jump straight into Bitcoin and other cryptocurrencies. It is normal to fear missing out (FOMO) whenever you see someone who keeps earning from Bitcoin and other cryptocurrencies but remember they were also once a newbie. They were able to be what they are now because of constant learning and experience.

So don't feel like you need to jump straight into trading. Without proper knowledge, your loss will probably be guaranteed. For now, focus and start from the basics to learn, take your time to gain enough knowledge, do your research, and by the time you think you are ready, explore the cryptocurrency with a small investment, still with the caution of its risks.

Beginners can also read the link below that might serve as a guide, and it contains information you need to know about the basics of trading.
https://academy.binance.com/en/articles/a-complete-guide-to-cryptocurrency-trading-for-beginners