Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Road to 100k?
by
pawel7777
on 05/09/2024, 21:10:59 UTC
⭐ Merited by JayJuanGee (1)
why people lose money in trading bitcoin is as result of lack of understanding, when you understand the procedures of Bitcoin trading you will not lost, so many persons that involve themselves in cryptocurrency trading need to learn the trading very well, I think that one of the things that makes us to lose is when trading is due to lack of understanding, but if you pay attention to understand the work you will not lose, trading requires more understanding more information to carry out your functions in trading, so I believe we have to understand such before we go into trading.

Do you understand the "procedures of Bitcoin"? Care to share some light on what those are? If the understanding of such can guarantee profitability in trading, why aren't you filthy rich yet?

Reading posts like this can really be irritating sometimes. Any trading bears an inherent risk of a loss, and Bitcoin is no different. If anything, it's more risky than most of the traditional markets due to its volatility. No amount of knowledge/understanding/experience can prevent you from a loss, as your trading performance depends on the behaviour of other traders and events outside your control.