Post
Topic
Board Trading Discussion
Re: Start Trading for Beginners
by
BitBakerr1
on 20/07/2025, 17:39:23 UTC
I wouldn’t recommend trading to anyone unless they have dedicated a lot of time to learning technical analysis and other skills needed for successful trading. It’s important to remember that trading is a very difficult and stressful job. I’ve read analyses showing that only about 10% of traders are profitable in the long run.
When it comes to Bitcoin a it’s much smarter to focus on your main job that generates income and gradually accumulate as many Bitcoin sats  as you can
BitGoba you are right trading is very difficult and if you are not careful as a trader you will lose a lot of money and end up becoming broke, some traders Don't want to dedicated a lot of time to learning technical analysis and other skills needed for successful trading as you mentioned they just want to start trading and start making money forgetting that trading those not work that way, some people this set of people are motivated by others who make huge amount of money from trading and without asking questions about how they start and how there journey was like the jump into trading there by causing there failure without there own hands.

Yeah I will also advise that if you can't handle the stress and tension that comes with trading then is better you focus on accumulating Bitcoin and holding for long term than getting involved in trading, I'm not sure about that your statistic that only about 10% of traders are profitable in the long run, for me I think is more than just 10%, yes trading is difficult but those who delegate their time and resources always achieve success in trading.