Post
Topic
Board Trading Discussion
Re: Beginners mentally about trading
by
john_egbert
on 25/02/2025, 09:44:03 UTC
It is possible in these conditions;
- IF the market trend is bullish-
- IF they choose the right coins, like bitcoin

This means that not everyone will be able to earn money. Unless they trade at the right time and make a good choice of trading pairs. Since they are newbies, they mostly rely on luck, not on their knowledge and skills. That is also a reason why they shouldn't assume they will become profitable. That is also the reason why they should work hard exploring the market and finding effective strategies, as this will be the ticket to success.

Anyone should rely on knowledge, first and foremost.
It's hard to understand for a newbie, maybe, but it's essential to get this concept inside the head. And keep it there.