Are you new? So stay away from trading.

[Dr.Bitcoin_Strange]

Due to the very volatile nature of the crypto market, trading is considered a very bad idea, especially for the newbies in the space, although crypto trading can be exaggerated, thereby making people think and feel like it is actually the easiest way to make profit out of the crypto market, while it is the contrary.

A lot of people may think that trading in cryptocurrency can be a lot easier and many newbies got involved without readying themselves first. While I am not advising anyone to stay away from crypto trading all because there is really a big potential here to make big money, what we should promote is education. One has to learn the basics and then slowly get into the advanced level so as to minimize the risks involved. When one is not inclined to invest on educating himself, it would be good to just HODL for the long-term.

Many newbies have these misconceptions of trading via people who promoted these crypto stuffs online, most of these social media influencers make trading look so easy and that's why I really don't blame some of these newbies who suddenly become very enthusiastic about trading crypto without first acquiring the fundamental and necessary knowledges required to begin trading. Yes, I agree that people should focus more on promoting the need for proper education about trading, at least that way they can know just exactly what they're up against, the risks involved rather than prioritizing the potential benefits involved.

[Themepen]

Many newbies have these misconceptions of trading via people who promoted these crypto stuffs online, most of these social media influencers make trading look so easy and that's why I really don't blame some of these newbies who suddenly become very enthusiastic about trading crypto without first acquiring the fundamental and necessary knowledges required to begin trading. Yes, I agree that people should focus more on promoting the need for proper education about trading, at least that way they can know just exactly what they're up against, the risks involved rather than prioritizing the potential benefits involved.

I strongly think that social media influencers mostly give wrong ideas to those people who are new to cryptocurrency tradin they show that this is very profitable without effort. This incorrect view creates wrong thinking in mind of beginners who mostly start trading without learning basics.

Focus should change from promising big profits to teaching people importance of proper education and understanding risks. Encouraging responsible trading habits will help people to prepare for challenges and hesitancy leading to good and more successful trading choices.

[Dr.Bitcoin_Strange]

I strongly think that social media influencers mostly give wrong ideas to those people who are new to cryptocurrency tradin they show that this is very profitable without effort. This incorrect view creates wrong thinking in mind of beginners who mostly start trading without learning basics.

And that's why it's important for newbies who come into the crypto industry to very conduct an extensive research first before getting involved in any crypto project, regardless of the hype that surrounds that particular project, because these projects survive on hype with zero substance. So one will be making a great mistake by making investment decisions solely on the information they receive online because most of those information received online are mostly false.

[Yamzakid]

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 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.

[Publictalk792]

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 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.

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.

[Gposas]

If you take trading for granted you will lose a lot of money because it is not as easy as investing or gambling. Becoming a smart trader takes a lot of practice and can take years. Your feedback will be important to new crypto users.

Who takes trading lightly? When they come for the first time as beginners, what they have to do is learn, they can try a demo account first, then once they are ready, they can use real money, but it depends on your skills in analyzing the market at any time.

I think this is not something to be afraid of in the title you should avoid it, but give tips on how to trade with good management then manage risk, set what percentage of profit, never be greedy, fundamentals must be strong and much more.

It's not easy to become a professional trader, but at least with what you have done in trading and you have made a profit, that is more than enough, just improving your skills.

Your words are right.... As a newbie, you have alot to do before venturing into trading...
At first, you need the knowledge both from a tutor, research and all possibilities in getting to know how the market works; which ranges from understanding basic candlesticks pattern, basic analysis of the market and comprehending market flow/trend.
As a beginner, you need to dedicate much of your time in it.... But it doesn't end at just gathering the knowledge but also having the experience because even a professional trader loss money....
Trading doesn't respect the fact that you are professional or not, whenever your analysis of the market is wrong you are bound to make losses. That is the reason you also have to get a risk management skill.. and the ability to control your greed and fear index when trading.

As a newbie, you don't have to get scared in venturing into trading rather spend much time in gathering the knowledge and corresponding experience on how the market flows... Then you'll likely see the fun behind trading.

[chachachumbo]

So to get started in trading? what are some good resources to learn from?

[LogitechMouse]

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 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.

I will reword the term "rude" and will change it into "blind". Why? Because only blind people are the ones that are following an influencer's advice. There's a lot of complaints indeed, but these influencers don't care because most of them have only one thing on their mind and that is "MONEY".

To those newbies out there, I'm not saying that don't ever try trading because we all have an opportunity to trade. Just follow the right person though, and always, always learn from the experts. One more is that don't go all in when you're a newbie. Don't invest all of your money at your first try because there's a high chance that you will be losing your money when you're still starting. Experience matters when you want to trade and be successful in trading, and the only way to gain experience is you trade yourself.

Let's not discourage those newbies from trading, and instead let's guide them to be better.

[lepbagong]

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 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.

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.

Most influencers do make sweet promises and sometimes many believe and follow them even though they themselves have not necessarily done it, and it is natural that some people really didn't trust influencers until now because of the many experiences that have happened.
I agree with you more, it is a good idea to learn before starting trading, because this is very complicated and not easy to do in a short time, it takes a process to be able to understand all the movements well, before you finally decide to start trading. Remember experience of trading will be able to quickly know what we need to do.

[laijsica]

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 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.

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.

Most influencers do make sweet promises and sometimes many believe and follow them even though they themselves have not necessarily done it, and it is natural that some people really didn't trust influencers until now because of the many experiences that have happened.
I agree with you more, it is a good idea to learn before starting trading, because this is very complicated and not easy to do in a short time, it takes a process to be able to understand all the movements well, before you finally decide to start trading. Remember experience of trading will be able to quickly know what we need to do.

I agree with you. Following influential traders can lead to financial losses for retail investors. I see that large volume investors have different investment strategies and they diversify their portfolios through various purchases and are ready to take profits as and when the opportunity arises. On the other hand, retail or medium investors have to keep depositing for several years. For them, the risk of trading is high. You should stick with it to understand the market situation and have a habit of buying any size regularly and at the same time keep the mindset of holding. The tendency to trade for profit in the beginning can be a wrong decision. In my opinion, to become experienced in trading, you need to immerse yourself in the market and try to get holding regularly.

[milewilda]

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 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.

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.

Most influencers do make sweet promises and sometimes many believe and follow them even though they themselves have not necessarily done it, and it is natural that some people really didn't trust influencers until now because of the many experiences that have happened.
I agree with you more, it is a good idea to learn before starting trading, because this is very complicated and not easy to do in a short time, it takes a process to be able to understand all the movements well, before you finally decide to start trading. Remember experience of trading will be able to quickly know what we need to do.

This is why you should really be that careful when seeing things around on which you should really be that at least realistic on what you are really that dealing into and make it sure that you wont be getting blinded with sweet words and promises because if you do find out something which seems too good then you should really be that careful when you do tend to make out some engagement. It will really be just that impossible that you cant be able to determine on what are the things which are realistic and which are those are fake ones or really that too deceiving, so better watch out.

[Baofeng]

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 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.

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.

Most influencers do make sweet promises and sometimes many believe and follow them even though they themselves have not necessarily done it, and it is natural that some people really didn't trust influencers until now because of the many experiences that have happened.

Yes, and that's why they are called influencers, not just in crypto though, even in gambling there are a lot and very dangerous if you think that what they said is true. And the thing with this influencers is that they really have that gift of the tongue and talks very convincing.

I agree with you more, it is a good idea to learn before starting trading, because this is very complicated and not easy to do in a short time, it takes a process to be able to understand all the movements well, before you finally decide to start trading. Remember experience of trading will be able to quickly know what we need to do.

Education is the key here in crypto, if you are a beginning, I will tell that the first thing that you should learn is where to put your crypto. So you have to choose a wallet that you have control of. Same with trading, there are a lot of intricacies early on but you should focus on the basics first before diving on more complicated way to trade.

[macson]

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 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.

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.

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.

[LogitechMouse]

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.

I learned how to be patient when I start trading in crypto. Back in the days before I start crypto trading, I was impatient, but not to a point where it takes seconds for me to be impatient. I mean I'm more patient now thanks to crypto trading. When you're starting with trading, you have no skill and experience obviously, so if you want to earn those 2, you need to go out there and trade using your real money. Some recommend using a demo account, but the emotions are completely different.

Speaking of "money earned can be lost in the blink of an eye", just think of the $1.7 Billion amount of liquidation that happened when the market went down out of nowhere.

[Dr.Bitcoin_Strange]

Education is the key here in crypto, if you are a beginning, I will tell that the first thing that you should learn is where to put your crypto. So you have to choose a wallet that you have control of. Same with trading, there are a lot of intricacies early on but you should focus on the basics first before diving on more complicated way to trade.

This is a mistake that a lot of newbies make when they freshly enter the crypto space, undermining the importance of choosing the right wallet to store their assets while only focusing more on the profitability aspect of crypto. They’re often ignorant of the fact that the safety of one’s assets is 100% dependent on where they choose to store their funds, some make the mistake of choosing a centralized wallet or exchange as their storage space without realizing the dangers involved in this act.
An investor’s choice of wallet is just as important as the assets itself because security and safety of the assets should be paramount to every other factor because one single mistake can make you lose several years of investment and accumulation in seconds. So investors should learn to prioritize choosing the right wallet or storage options for their assets.