My advice - BE CAREFUL
Investment and trading books, articles and videos are made by people who might not actually be winning traders. They make their money by writing "investment materials" and sell it to us, the plebs.
Plus "as traders", most of you will lose money and leave. Some of you might return and lose more money. Some might have learned their lesson the hard way and just HODL Bitcoin. The few who actually put in the most time, effort and who are well-capitalized might make it.
thanks to you for this topic, newbie traders have big expectations for trading, they come to make a lot of money but the majority of them just lose money and then leave, while those who persist definitely have a chance to become an experienced and even professional trader.
like a battlefield, trading activity is that, every trader must have good skills
-> understand analysis techniques, fundamentals, economics, understand how to use trading tools, control emotions, not be lazy to keep learning is the basic foundation that must be owned by every both beginners and experienced traders
(this is an important thing that many professional traders have explained)It is definitely a battlefield, there will be buyers and sellers and they will fight each other to be the right one. Sellers will sell because they think it will go down, and if they sell and the price goes down afterwards that means they won that battle, the buyers are buying because they think they are going to make a profit and if they are right and the price goes up then they made that profit.
So long story short we are talking about a situation where it will be quite possible for people to make a profit like that. I understand it is going to take a while but it will be quite possible for us to just make it work. I believe it is not going to be that much of a problem if you lose a battle, because it is important to win the war instead.
Not everything that we see, read and watch are real and provide trusted and reliable source of information so we better be observant and keen not to be deceived by those who only want to make money and not to help beginners. As much as possible, we should do a research right after one research so we won't fall for deceptive traps.
Not because we're newbies, we will believe in hearsays and fake information. We should be skeptical in absorbing kowledge and legit information and we shouldn't be innocent victims of those who are just pretending to be pros.
It would really be just that right that you should really know and be wary about some information here on the internet wont really be that accurate or trustworthy on which it is really just that right that you should
always make out some verification or indepth review or analysis whether those are real or not. In becoming a trader then learning up with the basics is a must which it isnt only limited on technicals but also in fundamentals as well but we cant really that able to avoid out that this isnt only limited on those things but also there are learnings which could only really be acquired through real experience and this is why
never ever make yourself that get stuck on a single place and always wander around on things that you must learnt up because this market does have lots of variations on which it would really be normal that it
is really needing up that versatility and of course in speaking about learning then it would be a never ending one.
Just dont make yourself in a hurry because this is where usually mistakes and errors do came from on the time that you would be making yourself that too confident on what you are currently dealing with.