Post
Topic
Board Trading Discussion
Re: Trading can ruin you
by
Amphenomenon
on 20/11/2023, 18:19:19 UTC
That is wise and the best choice for the beginners so that there will be no pressure on how you're going to start on this market.
When you buy and just hold for the moment, you'll get to see the picture of the entire market as you start.
By having that initiative, you'll get to have the encourage or discouragement whether you want to pursue trading or not.
Holding for a beginner will not provide any advantage if a beginner wants to engage in trading. Rather, most likely the advantage will be very significant, but only because there will be no loss of money in trading, and holding for a beginner will definitely bring the best result in the long term. It is important that the bulk of the funds be allocated to hold, and a small part of the funds should be allocated to trading, because at first there will definitely be losses, and until the trader receives the necessary knowledge, it will be very difficult to make a profit.
The best is for beginners to learn before Hodling which is more less risky than trading because it takes courage and trust to HODL in order not to be moved by short term news or movements, beginners without any knowledge of hodling will likely sell their bitcoin if they know little or nothing about hodling bitcoin all because of FUD