Post
Topic
Board Trading Discussion
Merits 1 from 1 user
Re: Trading not for everyone!
by
CODE200
on 27/09/2023, 02:17:14 UTC
⭐ Merited by fillippone (1)
Trading is not really for beginners because at first they are unsure and unskilled about crypto trading capabilities. Moreover i think they can be efficient if they study trading for few months perfectly.
Also how easy is crypto investing? You can't buy good coins at a dip! So you need to have sure skills to take every step that is profitable.
Moreover you need to be a sufficient time holder to profit in bull markets. In the bull market almost all tokens increase in price, but especially top coins increase in price, so if you hold on to good projects you will get profits.


Well said! Trading is not something that you can just hop on because you wanted to generate income and people tells you so. If you don't understand the risks that comes with it, then you shouldn't probably go into it. Trading requires a lot of time and energy, and without having essential knowledge and skills, you will not survive the market.
Even the most expert traders are still experiencing losses, what more for those people who are just beginners and doesn't have much experience with it. In trading, its either you'll earn or lose a lot of money, but one thing is for sure, you will gain experiences and lesson in which you can use as a support to succeed in trading.  So, if you are a beginner, you should consider doing researches about this matter and build experience because this could help you in the long run. And remember that there is no point in rushing, as what I have said, learning trading takes time.