It is not only beginners who should avoid trading, but also those who have been in the crypto industry for a long time also. Trading carries high risks, and it is not only beginners who can lose money, even people claiming to have good knowledge about trading lose money from trading time to time.instead of focusing solely on advising newbies to avoid trading, it’s better for everyone to understand that trading carries significant risks and that anyone can easily lose money, whether they are experienced or just starting out.as for me, rather than encouraging someone to trade, I would suggest they invest their money in Bitcoin. If someone is already investing in Bitcoin, it doesn't make sense for them to trade, as this could lead to the loss of the Bitcoin investment they have been gathering for the long term. Once someone trades and loses the funds they had planned for trading, they might be tempted to dip into their Bitcoin investment.
Even one of the basic tips of trading is that you have to learn to lose a lot of money to learn and survive in trading. Not only will you lose while learning, but even after becoming an experienced trader, you have a high risk of losing. You will not find traders who have not lost a lot of money. You may find traders who have experienced losing and are now making some profit. However, the number of such traders is very small, because not everyone is ready to lose and cannot survive losing and losing in the end. You will find more failed traders than successful traders who have given up trading due to losing money in the initial stage. I can never advise anyone to get involved in such a practice, rather I will warn them about the high risk of trading and encourage them to stay away from trading.
If you want to get involved in the crypto industry, I will introduce you to Bitcoin investment where you do not have to learn to lose like trading and solve complex problems with market analysis, and even the risk is very low compared to trading. In this case, you have to be a long-term investor and invest consistently. With a very simple strategy like DCA, you will continue to invest and hold for the long term, while also gaining knowledge about risk management and investment management so that you can manage your investments properly. If you are successful in holding for the long term (2-3 cycles or 8-12 years), then your chances of profiting are higher and most of your money is safe here (although no investment is 100% guaranteed to be safe). While I would encourage someone to invest in Bitcoin, I would discourage trading or Bitcoin trading and advise them to refrain.
When we hear about trading, we get a sense of risk in our minds. It seems a bit scary and also exciting when many people make a lot of money with a small amount of money, but do you know that trading is as risky as it is profitable. When a new trader loses his money, his attitude changes immediately about trading. When someone learns new trading, he has to lose a lot of money, because he is not that ignorant about trading in his new state. There are very few people who have been able to make a profit by trading, a trader is always worried which is also risky for the heart. However, I will not discourage any trader, because we do not know who will use his hidden talent through any work and become successful.
However, if anyone wants to invest their money without risk and hassle, then I would definitely advise them to invest in Bitcoin, which was worth over 100k a few days ago, those who bought it for 60k in the past have gained about 40k, you just have to be patient when investing in Bitcoin, if anyone can continue investing through DCA by guessing the market, then they will see bright stars, you should definitely choose a secure wallet while investing in Bitcoin, because you would never want your hard-earned money to be enjoyed by vultures, finally, a smart person will never waste his money in a risky place like trading, if you want to be profitable, investing in Bitcoin will be a wise thing to do.