Post
Topic
Board Beginners & Help
Re: Understanding cryptocurrency
by
Essential10
on 17/05/2024, 03:34:21 UTC
In everything there is always a beginner, in political way there are beginner even in the crypto world 🌍 we still have a beginner, so as a beginners in crypto you should know how it works first before you get into it, there was a guy complaining that he lost in trading crypto, and he is telling some of he's friend not to go into crypto just because he lost and he didn't follow the signal, I just want to say that you need to understand how it works first before you start, thank you.
The man who complained that he had lost everything trading was actually supposed to lose his money. The biggest reason is that the person has not mastered the right knowledge about trading for himself. He used to trade just by following one person on social media, for whom he lost all his money trading. Trading is a very complex subject, you need to do a lot of analysis, know a lot and give enough time. If you don't learn by yourself and only follow from one place, you will lose money every time you trade.  It's not that you can't earn from trading but there is a lot of patience and you have to stay away from greed. If you can control greed and patience then you can earn good money from trading in time.