Bitcoin trading is very risky but if any newbie wants to try it out, do it with a very small amount of money so you can really see for yourself why I'm saying is very risky
Trading generally is risky, and you don’t have to say bitcoin trading is risky, is it only bitcoin trading that’s risky? people that do trade altcoins, the risk which they are taking not more than that of people trading bitcoin. Don’t be surprise that some newbies might see your post, and they will think it’s only bitcoin trading that’s risky.
Generally trading is risky, but that doesn’t mean even newbies can’t trade, they just have to start gradually, they should make sure they understand what trading is really all about, they should keep on reading about trading, and practicing, with time they will get to understand trading, and as a beginner, always start with little amount of money, because their is high chances of losing the money when learning. But we should know it’s what everyone can do, we don’t have to put fear in people.
Trading with bitcoin is a very big mistake for anybody, not just newbies, it shows lack of patience, but beyond that, it also shows complete lack of understanding of how bitcoin works, its not a get-rich quick scheme, it's also not some kind of a magic trick where you wave a wand and the price jumps up on your order, it takes time and should never be used as a source of getting quick cash, this has made many people bankrupt and is still doing so to people who are refusing to understand that bitcoin market it for investing not trading, if a person is deciding to trade with shitcoins, that is their business as is the losses the will accumulate in the process, but never go into bitcoin with the intention of trading.
I wouldn't support or recommend anybody to go into trading in Bitcoin,it's highly risky and less profitable and Most times considering the violatility of bitcoin and price fluctuation in the markets ,it is very difficult for a trader to minimize his loss talk more of to avoid it as the losses in trading is far more higher than the profits and as such, the trader will be losing more of his capital while gaining little profits from the markets.One bad thing about trading is that it's causes emotional trauma to a trader especially for a newbie that haven't learn how to control his emotions mostly when he is losing out. This is the more reason people should avoid trading and start investing in bitcoin. As a long term investor in Bitcoin, you have a greater benefits to gain from investing while Hodl for a long term,because bitcoin is an assets with great potential that continues to appreciate over time which means as an investor, your funds in Bitcoin will become profitable and valuable to you in the long run.