Quote from: Judith87403 on January 04, 2025, 10:00:34 PM

Quote from: Crypto Inferno on November 21, 2024, 08:04:18 PM

What advice would you give a newbie that started trading? Let's say he has decided to leave his comfort zone and get his hands on the it.
Are there pitfalls to avoid? Where is the best place to get started with? Any materials to help grasp the concept faster? Do you mind giving hints on what helped you scale through in your early beginning.

Actually, I don't look at trading and I have no idea about how trading works. but before you go into trading I hope you're aware of the risk that are involved in trading? However if it is your first time of being in this crypto space I will advice you start from crypto investment like bitcoin investment so that your first appearance in this crypto space will not be a regret to you, because this trading aspect you're talking about requires enough knowledge before you could think of getting started. isn't what you just wake up one day and decide to start trading, no it never works like that so just make sure you're doing the right thing this is the only advice I have for you.

You are right, in fact, a new user should not go into trading first, because trading is never an easy thing, to survive here you have to learn and know everything about trading first. And for this reason, starting trading first is not the right way for a newbie.
A newbie should start with investing first, especially Bitcoin investment using DCA. If a newbie starts investing in Bitcoin in DCA at the first stage, and decides to keep it uninterrupted for the long term, it gives a newbie a stable entry point, by reducing the impact of market fluctuations.
However, a newbie should start small, and learn trading gradually, and practice on a trading demo account. Success cannot be achieved from trading first, so it is necessary to learn everything before starting trading, and the crypto space should be started from a safe place as possible, such as Bitcoin investment using DCA.