Quote from: Ruttoshi on Today at 03:22:18 PM

Quote from: michellee on Today at 01:01:14 PM

Quote from: Jostern on Today at 11:07:21 AM

It is important to stay away from Trading as a Beginner, It is also important to stay away from Trading as a Bitcoin Investor, If you have a future plan it is important to focus more on accumulation, Trading our assets is a terrible idea, I know everyone has there reason for trading that is why it is important to have a good financial plans before Investing in Bitcoin

If he want to trade, he should allocate more money so he will not disturb his investing money. A beginner will curious with so many things about crypto especially if they are actively with their social media.

Even if he allocates more money to trading, that doesn't mean that he wouldn't run at loss in the long run. No matter how big is the money you are using to trade, it's not a guarantee for profits because trading is a high risk practice which shouldn't be encouraged at all. A beginner is a no coiner and it's wrong for them to start their bitcoin investment with trading, because they must run at loss since they lack the knowledge of trading.

It's such people that you cry to you and tell you that you have scammed them by allowing them to buy bitcoin and run at loss. People who adviced into bitcoin for long-term that don't understand that bitcoin is a volatile asset, will put all the blame on you if they see their portfolio depreciating during the dip, talkmore of the ones you told to trade.

It's good that only long-term investment should be discussed with people around us when they come to us to seek for bitcoin knowledge, so that they will be proud of you in future when they succeed in their bitcoin long-term investment.

A beginner will remain a beginner if he starts the wrong way. Bitcoin investment is your preference at all time. Trading is like risking your sweat and how would it feel seeing your supposed mentee running into loss due to Trading. Teach them right and keep of that zeal to trade bitcoin.