Quote from: Publictalk792 on Today at 01:36:13 AM

Quote from: KingsDen on July 03, 2024, 09:03:03 PM

Almost every newbie in the cryptocurrency industry sees trading as the easiest way to make money. Even when you advise them that trading is risky, most of them would not hear until they try it out themselves. So many of them regrets after trying it because they would not be patient enough to learn the skill of trading before trying to trade. It is after they must have failed that they will understand that trading is not for everyone.

There is nothing better than learning when you don't know, it is learning that leads to earning. When you have learnt enough, you would not easily lose your money for any fake Project. Learning is also not what is done in a haste, experience also is part of learning. The more anyone stays in a forum like this, the more experienced they get in things about cryptocurrency and Bitcoin in particular.

Yes that's right many people new to cryptocurrency think trading is an easy way to make money but they ignore warnings about its dangers. They mostly lose money because they do not take time to learn and gain experience. Trading requires skill and knowledge which come from dedication and learning. Learning takes time and experience teaches valuable lessons. More we engage with cryptocurrency community and learn better we will be at navigating space and avoiding costly mistakes. Knowledge is indeed power and in this case it is the key to making and keeping our money safe.

I was also a victim as a newbie. Mine happened dramatically. I joined the forum when it was a period of bull run 2021. I ventured into trading, and coincidentally the coins were rising and falling. I'll buy low and allow it rise and cash out, I was happy and thought I have learnt how to trade. This happened until bull run was over, that was when my losses started and I realised I had many things to learn in cryptocurrency trading. But to cut the story short, I finally gave up trading.