Trading can be a wonderful venture, but it comes with its share of dangers.
One of the primary risks is financial loss.
The volatile nature of financial markets means that everyone suffers loss.
Irrational decision-making is another pitfall; fear and greed can lead to impulsive actions that erode capital.
Overtrading, where traders make excessive trades, often results in losses
Lack of knowledge is yet another issue;
trading without a solid understanding of markets and strategies can be disastrous.
To navigate these dangers, traders must educate themselves, practice sound risk management, and exercise discipline in their trading activities.
Bitcoin trading carries many risks, especially if trading short term. Apart from that, if you only have a little capital, trading will not provide big profits. One way to use small capital but can provide big profits is by trading futures, but the risk is very high and I do not recommend doing this.
But as you said that trading has huge potential, yes I agree but it applies to those who hold bitcoin for a long time. The short-term trading that I do often ends in losses, maybe I'm still inexperienced and have poor analysis. But I continue to learn so that I can trade correctly and can make a profit from trading