Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: As a newbie to crypto currency
by
Pi$$
on 24/03/2025, 18:02:20 UTC
⭐ Merited by Callido (2)
New beginners to cryptocurrency trading are often thrown by the complexities of the market. It's crucial for beginners to start with thorough research and education, utilizing reliable resources and seeking guidance from experienced traders. Secondly, practicing with demo accounts can help build confidence and refine trading strategies before committing real funds. Another important tip is that if you spend money, then only a small percentage of your earnings, which is not critical for you to lose.
Based on the urge to make quick money after they have seen results, they tend to quickly invest money into the market with putting little or no effort to learn and master how the market works especially in the aspect of using a demo account, many newbies take it as wasting of time when they trade on their demo account because they have just one drive and motivation on their mind [to make money] they forget about the foundation and the mastering of the markets
so i will advice all content creators, motivational speakers ETC to not just talk all about the results, but should also talk about the phases of learning every newbie has to face in order for them not to be filed with regrets.