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Basic Questions about Cryptos / Re: Do you really need to be expert to start trading?
« on: January 23, 2024, 02:27:32 PM »A lot of traders won't recommend trading if you're a newbie because the risk is so high. Maybe they can say that because they experienced it.
I see a lot of posts replies that discourage trading.
I just want to clarify that all profitable traders start from newbie and I believe that they also experience loses.
Common, where did you see a thread discouraging newbies from trading? Because the only threads I have come over here are saying newbies shouldn’t trade if they don’t have the knowledge of trading, it is obviously wrong practice to jump into something you don’t have sufficient knowledge about. Trading, however, is a different thing. It is not like investment, where even after investment you can be learning while you have already invested your money in crypto.
Crypto trading must be done by someone who has the knowledge and experience for you to be able to get a profit from trading. Trading carries a lot of risk, and without knowledge, there’s no way someone will be successful in it. Although we all know it’s natural to lose in trading, both beginners and professionals will lose, but if there is knowledge, the risk of losing will be minimized.