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.
A family friend wey know say I de into cryptocurrency call me and de ask me weda people de lose plenty money for crypto trading? I tell am say yes, but na mainly di people wey no get better knowledge and experience about how to trade. She begin to tell me how her son wey de school don squander all di money wey dem send to am for school payments, she say di son finally open up to dem say im enter crypto trading and im don lose all di money. I sympathize with her and I come explain to her say inexperienced people wey de into trading na gamble dem de do, say trading no be wetin person suppose to rush enter, you need diligent learning and mentoring by professionals.
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.
Yes, in this day and age, most people, especially the youth, plan to get rich quick, and they rush to make money from all the trading sites and gambling sites that are currently sponsored on social media. They rush to enter there looking for a get rich quick scheme and lose their money quickly, as a result they become very disappointed, and trading and gambling are not for everyone, only those who are knowledgeable can be recorded in it.
We have continuously seen many families commenting that their sons take money from the family and get involved in crypto trading and gambling. Basically, those young men have no idea about trading, they lose their money while trading, it is because of their misconceptions. That is why every person must have experience to win in trading and gambling, if they do not have experience, they will never win. So it is very important to take advice from professional and experienced people before trading, I think they will definitely be able to give good advice about gambling and trading, since they have gained enough education in these subjects, so they will give good advice.
Those who understand trading well, of course, should follow them and then new people should enter the game of trading and gambling. Yes, we know that many times experienced people lose their money in trading, but in the case of trading and gambling, it is very important for every person to control their emotions. We know that trading is basically a greedy trap where people often lose their money, in that case, emotions should not be allowed. And every person should use a certain amount of money in trading. That is why we say that before trading, trade with the amount of money that you can afford to lose. It is very important for every person to take this idea.