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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.

This is a positive but negative point that they are not ready to lose money. They tend to get rich in a short time by getting caught in the trap of greed. Newbies entering the market should jump in with a long term mindset. They should start with the amount of capital that they are ready to lose and gradually prepare themselves towards accumulation. Quit the point of profiting with small capital and keep the accumulation process going based on earning capacity. To take the trading platform to a positive and profitable level you need to continue analyzing the market and buying regularly. Even if you are experienced in this platform you will not be able to have a sure idea about the price fluctuations. Only through intuition and prudence can you make positive decisions.

Newbies are more likely to make mistakes after falling into the trap of false propaganda on social media, so you should make investment decisions through your own analysis and take advice from experts. You may get confused in the initial stage make positive efforts to overcome those mistakes.

On the time that you do make up some trading or decided to take up such step for you to deal up with this market and you've been that expecting that you can be able to make sure money or profits, then for sure at the moment that the reality would be slapped into your face would hit hard specially on the time or moment that the market do goes opposite on what you had predicted or speculated. Advice would be:

1. Start to learn the basics when it comes to technical aspects and terms.
2. Demo trade if possible
3. After such familiarization then you can start up with small amount trading.
4. Learn up things on which you cant be able to learn up on theories
5. Continue to learn since market does have different variations.

The most important thing on here is that you shouldnt be rushing up because once you do rush up on learning up things or simply making money then you are that bound into tons of mistakes and if you arent that good when it comes to self control and moderation then you would be that prone into that tons of errors on which it could cause that huge impact when it comes to financial aspect or trading capital. We are all once a noob and its normal that we do commit out mistakes and be able to go with those things but what matter the most on here is that you do able to learn on those mistakes and make yourself that even more better as a trader. It all matters about acceptance and the way you would be able to adapt on such conditions or situations on which you will be making use of it on next time that you would be able to encounter it out.