Quote from: milewilda on August 07, 2023, 09:14:37 PM

Quote from: justdimin on August 04, 2023, 06:36:35 PM

Quote from: macson on August 03, 2023, 10:45:04 AM

Quote from: Wind_FURY on July 24, 2023, 08:27:16 AM

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.

Tug of war on which it would really be survival of the fittest and if you cant find yourself that really that good or not able to make out some good decisions towards your trades then you would really be might be having that lots of losses and this is indeed the reality if you do find yourself get engaging with this market on which it is really that indeed composed of buyers and sellers on which it would really be just that normal that you would really be needing to be wise on every buy or sell decisions you would be making.

As a noob, then starting up with the basics of course on which it would really be just that right that you should really know on how to identify between those errors and effective ways on making yourself that sustainable on this very unpredictable field.

Never ever make yourself in a hurry on learning up things and just like on what others been mentioning out that if you rush up then you are prone to errors because you would really be that desperate on making up some steps because you are in a hurry on trying to see those profits which its never been right on having that kind of approach. Study and learn up along the way even if you are using real balance or money and this is why its not ideal if you do make use of huge amounts specially when you are just still starting.

OR, why not carry out the most effective strategy for newbies and just Buy the DIP and HODL? Why play the game of "survival of the fittest" when the game could also be played by simply doing a time-based strategy? We should refuse to become the product, the very people being forced to buy high/sell low, the people who are scammed for affiliate fees, ad revenue and TRADING BOOKS we don't actually need.