Post
Topic
Board Beginners & Help
Re: Newbies should invest in bitcoin first before thinking of trading.
by
YOSHIE
on 29/07/2024, 15:31:38 UTC
Newbies should invest in bitcoin first before thinking of trading.
My understanding is that for beginners, don't be reckless in doing both, don't rush, it's best to learn about the risks and understanding of investing and trading in crypto first with those who are experts in the real world or on this forum, it is important before acting in crypto investment activities.

Investing if a beginner doesn't understand the market or the type of crypto he wants to invest in is useless and can be risky, recently many exchanges like Binance have eliminated several types of crypto, If that happens, the type of crypto you have invested in could have fatal consequences and you could experience real losses. For this reason, learning and understanding the opportunities for the coins you want to invest in is very important, including Bitcoin investment, currently the price is unstable, it can fall far or well, the point is to learn and understand both methods.