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.
I no know if Una do observe all these people way the come radio stations the talk about trading seminars and how people wey dey interested make them text a code to their phone number then them go reserve a seat for them. As in, this people go the talk for radio about how easy trading is, and how you don't have to fear or stress much to be a successful trader in no time.
Seriously, whenever I tune to these stations and hear this people talk I feel sad for the innocent people wey go believe their talks. But go later on realize am when them go done lose enough money wey dem no expect. Abeg make we dey try preach to people about the risks involved in trading more than we talk about the profits we make.
Trading is easy but sustaining yourself there is a lot of challenge. Many propaganda traps are created in online trading and especially it is run by inexperienced people. Young generation is more addicted to these traps by inexperienced people, they create an environment where their classmates tend to enter these trading. I think trading is not for everyone because it requires a lot of subtle knowledge, those who have traded before have gained a lot of experience as well as initiated various analytical drawings. You can also trade but before that you have to take help of a senior person because if you cannot gain experience then there is a possibility of 90% failure in your trading.
The trading method depends on the individual although the young generation is more addicted to it. They think that online trading is a means of making a lot of money and fulfilling their dreams. But they do not pay attention to the trading strategic knowledge that they have to acquire for trading and they fall victim to fraud by trading directly.