Quote from: SamReomo on July 02, 2024, 08:38:34 PM

Quote from: Silberman on July 01, 2024, 08:41:43 PM

Lamentably, there are many people that believe otherwise, they think about trading as an easy way to get rich and with little effort, not realizing that trading is incredibly difficult to do it right, since you are competing against traders all around the world

Quite true, but someone who's a newbie doesn't understand that and that's why they get their accounts emptied within days. As a trader you have to think better than most traders and investors in order to make profitable trades and especially when you're competing against top level traders.

Not only traders but there are manipulators who manipulate the market from time to time. There also exist the owner of pump and dump groups who inspire newbie traders with hope that they'll get a coin pumped by 100% to 1200% or even more but actually they have bought the coin when it was already dumped and now want the newbies to add liquidity to a pair so they can exit with 50% to 80% profit or more.

If you are a beginner in this trading market, you should only start using spare funds so as to get the grasp of what's going on. Sooner or later, you will understand that it is not easy to earn profits from this market.