To be frank as a newbie or anyone avoid trading especially trading with Leverage. I know there are many Nigerians trading either stock, forex or crypto and its sometimes tempting when they say the figure they make but we usually fail to consider the figure they lost.
This year suppose to be open eye for everyone say na HODLers dey gain m, just see how market dey behave since january though we dey bull season but any small dip you go see news about hundreds millions way traders don lost from leverage while the HODLers dey continue to make profit, traders dey get wins and lost. If you try calculate the total money way don lost for leverage this year you go see say the money don reach billions. JUST HODL
Bro na true talk you talk like this oo, e get one thing self way I con discover recently you see all this traders way they come online con talk about how much them done make for trading and say make people pay money con register for there class make en teach them how to trade and make huge amount of money like am, bro those guys they lie big time, the money them dey take they alright na the money way people con pay for learning and some of those cars them they show people online say na there own na all lie, some of all those people na Yahoo them they do to make money but them go come online they tell people say na trading they give them money, money dey trading oo but no be the way those boys they talk am online en dey, trading hard well well I know some of my guys way done trade tire and them done even stop to trade.
For me oo na to buy Bitcoin dey hold an be the best, long term Bitcoin investment na just the best those people way they do am them dey make money na just for you to they patient and consistent.
If you must trade use only 1 percent of your discretionary income to do that.