Post
Topic
Board Nigeria (Naija)
Re: More capital or more knowledge? - Trading
by
Hewlet
on 18/06/2025, 09:19:54 UTC
People that grow $10 to $10,000 are still humans like you but knowledge is the difference.
Don't just chase money, chase knowledge as priority, that's why I said trading is not all about money.
as uncertain as trading might be, gaining the adequate knowledge on best trading strategy is the only guarantee of long term profitability in trading. capital is important and to an extent, having enough capital might help you manage losses more effectively but over reliance on just capital at the negligence of proper knowledge will of certainty land you in utter ruin.

when it comes to trading, knowledge and capital goes hand in hand to bring about a successful trading, but for the ones that might not have the knowledge of effective trading and have the capital, then it becomes better to just focus on investing in an asset as bitcoin which does not involve any sort of complex knowledge before one can effectively invest. as long as one has the capital, investment is guaranteed and it has proven to be more effective than even trading.