Post
Topic
Board Beginners & Help
Re: Best trading advice for a beginner
by
Jon_Hodl
on 29/11/2024, 02:12:06 UTC
What advice would you give a newbie that started trading?
The only trade you should concern yourself with is trading your shitty fiat currency for bitcoin and then saving it for 10+ years.

Quote
Let's say he has decided to leave his comfort zone and get his hands on the it.
Are there pitfalls to avoid?
Yes. Avoid shitcoins and thinking that you can make money trading. Just stack sats and hodl for 10+ years.

Quote
Where is the best place to get started with?
Just buy some sats and HODL while you continue to learn.

Quote
Any materials to help grasp the concept faster?
Yes. Here are 21 tools to orange pill yourself: https://www.whatisbitcoin.com/culture/tools-to-orange-pill-friends-family

Quote
Do you mind giving hints on what helped you scale through in your early beginning?
I just bought, moved to a paper wallet, and then let it sit for a long time. It's this simple.