Quote from: rachael9385 on May 11, 2024, 07:22:40 PM

Quote from: Miles2006 on May 07, 2024, 09:40:01 PM

Quote from: jay_cash on May 07, 2024, 05:02:38 AM

New beginners to cryptocurrency trading are often thrown by the complexities of the market. It's crucial for beginners to start with thorough research and education, utilizing reliable resources and seeking guidance from experienced traders. Secondly, practicing with demo accounts can help build confidence and refine trading strategies before committing real funds. Another important tip is that if you spend money, then only a small percentage of your earnings, which is not critical for you to lose.

Well, the reason why you see comments like don’t trade and avoid trade is because any trader who lack the knowledge will not make profit at start and I believe you want to start trade and expect the profit to come so quick, this is normal and common, newly traders expect profit without passing through the learning process. Trading is not guaranteed 100% even an experienced trader can sometimes fail during the process but they’ll never share their experience so you don’t feel scared. When trading get so hard holding can stand as another alternative but I feel the need encouraging anyone who want to trade, note, don’t run after signals and other speculation because sometimes signals can be false and they share those signals for gain not minding your loss or gain but for their selfish interest .

Yes nah the point be that, many people wey no sabi anything about trading them feel like say Bitcoin trading nah one of the quickest way to earn in crypto. Yes I no doubt am say nah the quickest, but the main truth be say if you no get the Bitcoin trading knowledge you no go fit profile for Bitcoin trading, trading no dey easy as many newbies think am because steady you must dey active dey look the price wether e dey go down or e dey come up, and I also feel am say person wey dey trade Bitcoin suppose to get a good strategy.

Your right understanding how to trade is very important for the success of any intending trader who hopes to make profit and making a living from trading whether forex trading or crypto currency trading like Bitcoin trading if one is not having the fundamental of trading that person is going to definitely having a problem with trading Bitcoin because the fact is that trading is risky when you don't have the needed knowledge going about it