Quote from: Stable090 on June 22, 2024, 10:13:18 AM

Quote from: Real FB on May 26, 2024, 05:31:02 AM

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

If you are planning to be a trader, then you should be ready to learn and risk your money because trading requires constant learning and practice. If you are practicing, then you are going to be losing money, so before you put your money into trading, the first thing you should do is to accumulate more knowledge about trading and discover the strategy that you will want to be using. Also, as a beginner trader, make sure you deposit and trade a small amount of money because you might likely be losing money in the process of learning how to trade, so the more you keep on understanding it, the more you can increase the amount you will be trading with.

It is true that when a person starts trading he learns and in the process of learning he loses a good amount of money as happened to me when I started trading some time ago. There was nowhere to get guidelines on trading because I was new and didn't know much, I bought coins during the learning process which caused me a lot of losses, and some of the coins I have lost money in are still with me and I have nothing but the hope that they will all go to profit someday.

So the best thing for newbies is to understand the market well, determine the time to trade and learn well, and learn how to set stop-losses. Also, learn all the nuances that are important to learn in trading and invest your money only after that. Also, like me, they may also face losses and wait for a long time to return the invested money.