Post
Topic
Board Beginners & Help
Re: Newbies should invest in bitcoin first before thinking of trading.
by
stadus
on 11/07/2024, 21:52:49 UTC
[...]

Do we have anybody that has made success through trading, come and clear my doubt. I know that we have long term investors that are still hodling with huge profit.

Let's discuss.
Long investors from yesterday have nothing to do with long investors of today, because the first were early adopters, while the ones of today are late adopters.
Of course, but the fact that they managed to hold bitcoin at a long uncertain years, that will promise them massive profits when they decide to sell.

However, it's a good idea to keep newbies from trading first but should learn first on how to deal with an uncertain market first before they decide to invest nor trade. Both have their certain risks associated so one should do their due diligence to study the market first before they decide to risk their funds for bitcoin.