Hi i am new into crypto world and i want to learn as much as possible so i ask if anyone know what is the basic steps to start and what guide is the best? I understand this is most different from what people think.. but it cant hurt to read it all.
First i just want to buy bitcoin for around 1000€. i will look at youtube today what the best way to do it is, then i want to learn trading but i will wait for that until i have teach myself more. we all start from scratch sometime?
I am so thankful for alll members here that taking their time to help me
All expert trader are came from newbie but they continue trading and never give up even if they experience lose and now they become expert because of so many bad and good experience from thier trading works, so for me if we don't stop learning or if we just continue we will surely learn on how to trade just don't hurry and you will surely learn, because there is a lot of video tutorial from different social media channels, youtube, facebook, twitter, etc., you can start by looking some video tutorial then get learning.
The concern is that novice traders only see the sweet side of expert traders, so they think that trading is a quick way to get rich. If you think like this, you will definitely regret it later, so cultivating a mindset for beginners is very necessary. and if we take a trading class, the main thing taught is usually psychology, then trading techniques and financial management. and so on is experience in trading, because all of this requires a process
Exactly, we can notice how many influencers in social media are scattered and promoting their services by flexing their luxurious cars, houses, and simple luxurious lives, but in reality, that is just the good side. We all know that those influencers mainly got to that level because they attract many newbie traders that will avail of their services, and by then they are earning from them, but some of those influencers are scams or just copying contents and trading signals to other channels. Notice in Telegeram, that's where most scams lurk. If you join different trading groups in Telegram, you will notice that there will be a channel that has the same and exact details in the signals that they are providing. By then, it will be difficult to distinguish which is the legit group or scam. Anyway, my point is that I felt bad for those newbie traders that got inspired by those scam influencers and will eventually lose money because of the wrong guidance in trading, so wannabe traders should have the traits to become cautious and careful in order to avoid scam groups.