Quote from: Assface16678 on June 04, 2024, 10:53:53 PM

Quote from: sulendra12 on June 04, 2024, 10:43:50 PM

Quote from: Sakanwa on March 26, 2023, 07:30:36 PM

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

I don't think trading is your go to if you are looking for something to invest. Trading has a high risk of you losing your money if you have no experience or knowledge about trading in the first place. Especially if we are talking about crypto trading where the price sometimes unpredictable and you could lose portion of your money if you are not careful. Stocks and gold would be ideal for you for beginners.

Well, you do have a point, but what if that person really wants to start trading? I know trading is risky and can be dangerous to beginners, but if they do not start anything, they will not be able to learn it and actually earn from it. trading may be risky, but if done correctly with enough knowledge, skills, and experience, a trader will for sure earn a lot and can survive in trading. For the advice that OP is asking, like I said, invest first in honing the skills, gathering knowledge, and building up the experience. For me, these are the three main components a trader should work on, because if a trader will do this, then surely in time that trader could become successful in trading. Losing a trade is common, even for an expert in trading. The thing is, how will traders cope with those losses and how will they handle them?

Hence why I said if you have no knowledge on trading, if you want to learn and at least "safer" method then stocks would be ideal for them. But if you want to go ham with trading and can face the risk that would come then sure go ahead no one stops you. I just said that because many beginners are disappointed with how they begin to trade because lack of knowledge at first because they are new at this trading world.