Post
Topic
Board Trading Discussion
Re: 16k DOLLARS LOSS IN JUST 1 YEAR
by
AbuBhakar
on 22/10/2023, 16:02:50 UTC
Without knowledge and direction from people who already have experience in the investment field, it is better for us not to try to do it because it will cause us losses in investing and if we have the desire to invest, I think we need to seek knowledge about investment from those who have have experience in this field. You are right, there are two things that can be done in investing, some do it long term or short term, but in my opinion, if we just try it, it would be better if we just try one of them so that it can be easily understood after understanding it, then we will You can try other ways to get profit.

It depends on what kind of trading you want to get involved because you don’t need that kind of technical knowledge if you will just invest on spot market and don’t sold at loss because you can hold your token until the price pump or recover in an event that it suddenly dump once you purchased.

The problem on newbie was they are too greedy and gullible to try risky sector of crypto trading such as futures trading. Crypto is already too volatile in nature and adding leverage on it will surely a killer. Exchange that offers a leverage higher than x20 is already unethical because they are allowing their customers to gamble without knowing the real danger of high leverage.