Post
Topic
Board Trading Discussion
Re: What's your advice to newbies who wants to trade.
by
Arenga pinnata
on 20/07/2025, 13:48:58 UTC
Not all newbies that will take that advice from you op, there are some newbies that will like to buy coins with huge amount of funds to trade to get access to plenty income which is not by big amount or small amount of funds you use to trade that will guarantee you plenty income, my advice to those that will accept it, Never you go into competition with any traders to use what you can't afford to lose to trade because it will make you not to earn what potential traders are earning from cryptocurrency trading, Learn how to exercise patient when you are waiting for the bullish season to come before you can trade, As a newbie trade with what you can afford to lose in cryptocurrency trading because the market may favour you today and be against you tomorrow to loose what will make you unhappy but don't give up on cryptocurrency trading.
Unfortunately, most beginners usually start trading with enthusiasm and motivation to make a profit quickly. As a result, they often don't hesitate to use a significant amount of capital. While not all are like this, I often see beginners do this. They are careless at first. Only after they experience losses do they begin to learn from their losses.

It's sometimes difficult to advise beginners who are already too eager to jump in and make a profit. This is because they often start with high ambitions, which is precisely what should be avoided from the start. This is why many people suddenly become traders in bullish markets and then give up too quickly. This usually happens because they rush in without proper preparation. So, when they lose, they aren't prepared for the loss and ultimately give up.

However, there are also beginners who are cautious from the start. They even study carefully from the beginning and take their first steps with small capital that they are prepared to lose. It's usually hoped that beginners like this will have a fairly successful path as traders. However, this is quite rare.