Post
Topic
Board Beginners & Help
Re: Don't start your crypto journey with trading/shitcoin
by
SOKO-DEKE
on 01/06/2025, 13:03:17 UTC

It's good that beginners know the right path to follow when they just come into the cryptospace. Some newbies with zero knowledge of bitcoin thinks is a get rich quick scheme and they rush into trading which is the normal mentality of buy low and sell high which is easy said than done as a naive person in the market. When you rush into trading, you have rushed into throwing your funds into thin air because to be a professional trader take a very long time and lot of hard work. That doesn't guarantee that you wouldn't run at loss as a professional trader.

Nowadays, most people that are coming into the crypto industry are there for quick money, and that is the reason why, once they come in, where they want to put their money is where people are saying they will make that quick money from. But what they don't know is that most selections carry very high risk, especially without proper knowledge.

In particular, when it comes to trading, a person without proper knowledge and skill if they try to trade they will just easily lose their funds. Despite this, many still go for alternative coins. As newbies, they shouldn't even think of investing in altcoins, as they have not yet gained the knowledge to research and determine whether a coin is worth investing in or not.So, the best coin they should focus on investing in is Bitcoin, because it is the only coin that carries less risk.