Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
I do think that newbies should just concentrate on learning and increasing their knowledge about bitcoin and altcoins, before thinking about trading. I even think that they should start with investments first, take it one step at a time before finally venturing into bitcoin trading.
Bitcoin trading is not like gambling, where you don't need any special skills or knowledge to engage in, you actually need to study how supply and demand works in cryptocurrency market, know how to speculate, understand how chart works, them finally to face the risk of losing all your coins, it's a lot to take in.
I'm not a newbie and I'm not trading bitcoin yet, I'm still warming up to it, hopefully anytime soon, I've gained some knowledge to give me a head start. But if a newbie, wants to jump right into trading, why not, so far he has considered the risks involved.