Post
Topic
Board Trading Discussion
Re: Trading advice for newbies
by
Maslate
on 13/12/2023, 21:47:56 UTC
New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result. As a newbie within the crypto space kindly check the following before you go into trading.

1. Learn about the volatile market
2. Learn how to analyze chart
3. Take your time to practice demo trading before going into real trading.
4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️
No matter how you are going to educate newbies in trading, its undeniable that we will still see them trading like gambling at first. Trading with lack of experience is still like playing gambling, you are just waiting for your luck to favor you so you can win and beat the other players. But as you go on trading every now and then, your knowledge and skills will improve and develop, your strategies will be more enhanced as well, that made you a better trader in the process. Experience will always be the best teacher as they say, and has been proven by everyone that succeeds in trading.