Post
Topic
Board Beginners & Help
Re: Newbies should invest in bitcoin first before thinking of trading.
by
SOKO-DEKE
on 28/07/2024, 14:44:27 UTC

Why do they direct newbies to the wrong path when they know it is a very risky way of increasing your bitcoin portfolio.

I don't see trading as the wrong direction for newbies, but it is now left for newbies to learn how to be self-prepared for trading. If newbies can be calm and learn properly about trading before jumping into trading, they may not lose money, even as a person who has been in the cryptocurrency industry for a long period of time without trading. Once newbies don't have the proper knowledge of how to secure their funds, they can easily lose the money too. If trading is the wrong path, I don't think people will make profits from it, whether you are a newbie or have been in the crypto industry for a long time. Knowledge is power; once you lack knowledge, you are planning to lose.
 
The only advice I will like to give to newbies about trading is that they should not just jump into trading without proper knowledge. I cannot discourage any newbies who are interested in trading, and at the same time, I can't encourage them to join trading. In the crypto industry, there are ways of making profits, but it is left for someone to pick their choice.