I have observe something in this forum, a lot of people that are not trading or have traded before and had great losses which made them run away from trading are still saying trading is a good means of making profit from bitcoin when they know that the chance of making profit from trading is very slim, because only few people can devote their time and resources to learn trading and be successful at it.
Nope. Not for me.
I'm one of the many aspiring traders out there that ended up losing money in trading, but I didn't say that trading is a good means of making money. I'm only saying that trading is one way of making money which really is, but there's a risk on it. I always say that don't go all in on trading when you're starting, and if you aren't ready to lose money in trading, don't even start doing it. Trading is a good way to make money yes, but only for those who are willing to spend time and money learning it. Trading isn't for everybody.
Why do they direct newbies to the wrong path when they know it is a very risky way of increasing your bitcoin portfolio. Newbies should not jump into trading in the beginning because it will slow your chance of investing into bitcoin and increasing your bitcoin stash overtime. If you want to get into bitcoin as a newbie, you should only have investing for a long term in your mind and plan for how you can achieve your bitcoin target overtime by using DCA method to buy bitcoin weekly or monthly consistently and persistently without overdoing it.
A newbie can always try trading and from there, they will decide based on their experience.
Don't discourage newbies not to try trading because at first place, they can do it as long as they're ready for the possible consequences that they might face. Yes, it isn't recommended for them, but they can just try it. Investing in long term if you're a newbie will always be a better option if you want to make more money compared to trading, but newbies can just trade, but the risks are higher for them since they're just new to it. DCA will always be better than trading if you're a newbie, but if they really want to trade them let them experience it.