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Basic Questions about Cryptos / Re: Are you new? So stay away from trading.
« on: December 14, 2024, 06:09:39 AM »I witnessed a lot of online complaints from users who claimed that influencers led them wrongly in trading, because they makes it look easy for them, but it was their fault because only the rude people will follow influencers advice. My main issue is that they portray trading as a poor job. Although trading takes a high risk but it risk can be reduced by doing thorough research before participating, you will definitely going to lose huge money if you lack the understanding of it.I understand why you are worried about influencers giving false ideas about trading. They make it seem easy but trading has big risks. However learning and researching can reduce those risks. It is good to learn before starting to trade because it requires mental toughness, self control, patience and managing risks. Keep learning from trustworthy sources and know your limits. When you are ready, you will be prepared. Trading needs constant learning so get guidance from reliable sources to avoid big financial losses and stress.
I can't handle trading pressure right now, which is what keeps me from practicing it, but I'll keep researching it and hope to begin it soon.
patience is something that beginners should do if they really want to succeed in trading but the problem is they think that trading is just something that can be done without skill, experience and effort.
trading is not an easy matter, the money earned can be lost in the blink of an eye when taking the wrong position, don't be easily provoked by anything on social media, it's all fake.