Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: Understanding cryptocurrency
by
adultcrypto
on 31/05/2024, 23:59:10 UTC
⭐ Merited by fillippone (1)
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.
Trading is not supposed to be the first point of call for anyone going into cryptocurrency. It usually leaves the user with bad experience because the risk is very high. Unfortunately, a lot of us started with trading, hence the reason many have very terrible experiences of losses. Any newbie that started cryptocurrency from the premise of investment and long term hold is truly lucky because his pain will be less especially if the focus is bitcoin alone.

So I agree with you OP that understanding is highly needed for anyone trying to trade and get involved with cryptocurrency. Such knowledge is what