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Scraped on 21/07/2025, 03:18:54 UTC
Quote from: Merit.s on July 16, 2025, 05:08:23 PM
Trading is very risky due to the volatile nature of crypto, this is why it is very risky to be a trader. Beginners should not jump into trading thinking that it is a means to make quick profit, because it's the opposite. If you want to be a professional in trading, you must learn be ready to take the risk because running at loss is inevitable.
If someone thinks trading is a quick money making scheme, he or she may find it difficult to make money because they enter the market without sufficient knowledge about trading. Trading is not only about having money and courage, but also requires sufficient knowledge and skills. Knowledge of risk management is necessary to learn because the crypto market is highly volatile, traders can avoid large losses and increase potential profits. Once the basic foundations are mastered, traders can improve their skills and make better trading decisions, and develop strategies over time to develop more effective trading plans.
Once the basic foundations are mastered, traders can improve their skills and make better trading decisions, and develop strategies over time to develop more effective trading plans.
Original archived Re: Start Trading for Beginners
Scraped on 21/07/2025, 03:14:32 UTC
Quote from: Merit.s on July 16, 2025, 05:08:23 PM
Trading is very risky due to the volatile nature of crypto, this is why it is very risky to be a trader. Beginners should not jump into trading thinking that it is a means to make quick profit, because it's the opposite. If you want to be a professional in trading, you must learn be ready to take the risk because running at loss is inevitable.
If someone thinks trading is a quick money making scheme, he or she may find it difficult to make money because they enter the market without sufficient knowledge about trading. Trading is not only about having money and courage, but also requires sufficient knowledge and skills. Knowledge of risk management is necessary to learn because the crypto market is highly volatile, traders can avoid large losses and increase potential profits. Once the basic foundations are mastered, traders can improve their skills and make better trading decisions, and develop strategies over time to develop more effective trading plans.