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?.
1. Don't trade
2. Read more and watch trading videos or listen to podcasts with the aim of learning.
3. Choose coins that will last a long time. Don't choose coins that end up in discards.
Theoretically, trading carries a large risk of losing money. Trading requires extra time to control trading activities such as rising and falling prices. We don't forbid it.
So, what do beginners who want to trade do? Three points above are basic for beginners before getting to many other points regarding trading.
It would change overtime considering that not all people would really be that patient on waiting for long time and this is the moment or really just that a normal approach that they would really be finding or looking with those low cap altcoins rather than on sticking into those top ranking ones which movement isnt really that too much and this is something that newbies doesnt like because getting rich is really just that slow. LOL!
Confidence could really be built overtime.