Post
Topic
Board Nigeria (Naija)
Re: Trading no be get rich quick scheme
by
Antotena
on 20/03/2025, 18:52:12 UTC
By default self newbie no even suppose dey talk about trading because trading no be something person wey no get better knowledge of crypto go venture into. Any newbie wey you see say dey Interested or en wan enter into trading just know say en don see person wey been don make better profit and him too en wan make that kind profit by all means because of big eye and ignorant and funny enough some of them no be even ignorant na something wey them know how e dey actually work but because say there friend dey do am dey make money them too dey wan do am.

This shouldn't even be about newbie. As a Bitcoin beginner, you have no business with trading Bitcoin because you will lose more than what you plan for. If you are going to start Bitcoin, kindly buy the amount you can purchase from the exchange and hold it for as the time you can, as long as you are not making any loss I think you are good but trading as beginner will make you go mad if you don't have the experience, you can't even make much unless you have big amount.

To OP, you don't even need to be trading Bitcoin because I don't know how much you really have even want to trade Bitcoin. You need large money to make money from Bitcoin, for example if you have $1k and Bitcoin makes 10%, that's when you are going to make $100 and that is very difficult to see in a day, the Bitcoin volatility is very low to be making such kind of profits in today's market. It's better you buy and hold so you can focus on other things of life.