Quote from: Orpichukwu on January 10, 2025, 10:40:49 PM

Quote from: Olatundespo on January 10, 2025, 04:55:39 PM

It is a good decision for beginners to start investing to learn crypto. He started with a small deposit and with a review of the market. If you want to enter the crypto trading, you will need a decent capital. Instead of being fooled by people's posts about making money you should enter the market with a small capital and build yourself up to become a large crypto holder.

Even with people's posts about naming money from trading, the person will need to invest much of his time researching also on the past of those who now celebrate their success to see the stage which they pass before reaching where they are.

I won't even advise someone to start with real money first; instead, they should start by training themselves with a demo account using any broker that allows that before they can practice what they have learnt with little money to test how much they can control their emotions trading with their own money.

It depends on the Cryptocurrency the person channel their attention to, if it's someone that's investing on Bitcoin, you don't need to make much research about the market analysis or look for a broker that allows the operation of a demo account all it just takes is to study and understand Bitcoin here in this space or any other place that would broaden the knowledge and understanding about Bitcoin then make an entry at any point depending on their financial strenth then hold for long-term. Trading is very risky and instead of risking funds on a Cryptocurrencies with high risk factor, I'll advise crypto entusiasts to priotise a less riskier one like Bitcoin, then buy and hold for the future. It's not as if am condeming trading but it is highly risky for beginners in cryptocurrency to start their journey with that, if they need a better investment option then investing on Bitcoin is the right and best approach to it.