Di rate way many people especially di younger ones de take rush enter crypto trading based on wetin dem de hear de very alarming. Unto say dem de find online jobs or side hustles, dem go get misleading information say crypto trading na di place to de make plenty money everyday. When dem rush enter and lose all dem funds, na dat time dem eyes go clear say no be get rich quick scheme and say trading no be for everybody.
This is very true; the rate of young Nigeria youths joint crypto trading is very high and all is because they want to get money as quick as possible.
These newbies don’t know the risk behind crypto trading, they always believe that since Mr A made it through trading, they will also make it and that’s the main reason why they are losing money always because they don’t follow due process before starting their trading journey.
Learning is the first aspect of everything, before you can become a successful trader, you need to lear about its fundamentals and you also need good knowledge of market movement and technical analysis; if you skip all these, you will end up losing money easily in crypto trading.
For traders wey don gather knowledge and experience, make dem try to de tell dem family and friends wey de show interest for trading say e de hard and risky. If dem want to go ahead make dem learn am well, comot greed and emotion for trading matter, also most importantly make dem de use amounts wey dem fit to afford to loose.
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