Quote from: cryptoaddictchie on Today at 10:45:42 AM

Quote from: Amphenomenon on January 05, 2024, 08:12:39 PM

Also you shouldn't be disappointed or give up in bitcoin or crypto investment if trading hasn't work for you just try to HODL bitcoin or at least do more proper research on the altcoin you choose to HODL while if you are still have desire to trade, reduce the amount you use in trading, try to avoid risk when necessary and continue to learn to improve your skills and knowledge about trading.

Well leverage trading isnt for beginner and really pose a potential risk. Ive tried it out before and I like how money heing printed when you gain profits from the trade with huge margin but on the other note, its also scary as youll get liquidated. Ive been in the past for so many times and balancing the win and lose I guess its more incline to the losing side. Better to be a spot trader and jump from tokens to tokens to gain profits than doing that.

While leverage trading puts you at a bigger risk than hodling, still beginner traders take on suicidal to trade with leverage as it can give them quick and high profits once they end up with successful trades. However, the problem of these beginner traders is that they trade mostly at loss than in profits, hence hodling could be the best option for them as it can still offer them significant profits in the end, and would become even higher profits depending on what kind of coin they are hodling and how long they’ve been hodling before they decide to sell.