As the topic says, newbies are always rushing into the cryptospace believing it's a get rich quick scheme when they trade. What's the best advice that you can give to these newbies to help them in their trading journey.
My advice is that newbies should only trade with the amount of money that you can afford to lose and don't use high leverage because trading is very risky. Long term bitcoin investment should be your priority.
There is always a positive trend among beginners, they think that they will be able to make money from trading very easily. But is it really so? Of course not. Many people may have been very excited after seeing an advertisement on social media or any other platform, but in reality, trading is not as easy as it looks from the outside.
Money can be made from trading, but for this, the trader must first increase his knowledge and experience. Even if there is only money, the trader cannot be profitable, he must review various issues well and take decisions, otherwise he will never be able to make profit from trading. I would like to tell traders that before starting trading, gain sufficient knowledge and keep your greed within limits.