As a beginner, stay away from trading and focus more on holding Bitcoin

[debra]

It is true even the Demo trading account don't gives the actually feeling when we do trading with the original fund but it was not wise decision when you are new in this space and want to learn trading it was not a wise decision that learning trading via the original fund at least when we were in the learning phase it should be used for the demo accounts then when we got some knowledge and analysis skill then we can jump into trading.

It is because we have no risks in using demo account. Meanwhile when we try real trading, we can lose our money if we don't do it properly. But for the beginners who don't know anything, using demo account firstly is a wise choice. Then, they can try real trading when they know well the basic things. Anyway, I'm not sure if we will get enough analysis skill from demo account. Analysis skill will be easily obtained when we use real trading.

[PX-Z]

It is because we have no risks in using demo account. Meanwhile when we try real trading, we can lose our money if we don't do it properly. But for the beginners who don't know anything, using demo account firstly is a wise choice. Then, they can try real trading when they know well the basic things. Anyway, I'm not sure if we will get enough analysis skill from demo account. Analysis skill will be easily obtained when we use real trading.

Trying on trading especially on spot is good thing for trials, as long that you use it on tokens or coins that is more stable than those tokens who has more volatility. On spot and with more stable coins can loss minimal or profit too as long you use stop-order.

[Crypto Library]

It is because we have no risks in using demo account. Meanwhile when we try real trading, we can lose our money if we don't do it properly. But for the beginners who don't know anything, using demo account firstly is a wise choice. Then, they can try real trading when they know well the basic things. Anyway, I'm not sure if we will get enough analysis skill from demo account. Analysis skill will be easily obtained when we use real trading.

Yes I know this but when a person really want to start trading and know the trading they must be used the demo features in the start and then when he have at least some skill on TA and FA he should apply on the demo option and then from that result he will also know that how he is doing trading where he is making the mistakes.

And then when he will know all the thing he will start his trading with the real fund.

[Dr.Bitcoin_Strange]

It is true even the Demo trading account don't gives the actually feeling when we do trading with the original fund but it was not wise decision when you are new in this space and want to learn trading it was not a wise decision that learning trading via the original fund at least when we were in the learning phase it should be used for the demo accounts then when we got some knowledge and analysis skill then we can jump into trading.

I believe one of the reasons why trading with demo accounts often feels different is often because traders trade with the consciousness that they have absolutely nothing to lose, thus they don’t critically analyze their trades before placing them. And this isn’t the case when you trade with real funds, because you’ll know that a slight mistake might cost you a lot and so you’ll be careful.

[Crypto Library]

I believe one of the reasons why trading with demo accounts often feels different is often because traders trade with the consciousness that they have absolutely nothing to lose, thus they don’t critically analyze their trades before placing them. And this isn’t the case when you trade with real funds, because you’ll know that a slight mistake might cost you a lot and so you’ll be careful.

I have also same thought about the demo trading features but when I saw a professional trader interview on a news channel my thought change about this demo features because if we goes for learning with the real money there will be just increasing loss amount day by day, and here to acquire the knowledge of trading in some cases you will have to need learning and practicing few months to years+ so I don't think it's wise to use the real money for learning the trading.

[Dr.Bitcoin_Strange]

I have also same thought about the demo trading features but when I saw a professional trader interview on a news channel my thought change about this demo features because if we goes for learning with the real money there will be just increasing loss amount day by day, and here to acquire the knowledge of trading in some cases you will have to need learning and practicing few months to years+ so I don't think it's wise to use the real money for learning the trading.

Demo account is indeed for those who have absolutely no idea of how the market works, its features and how to use or apply them in day to day trading in order to make their trading experience more convenient and productive. I think a few months is just okay for someone practicing with a demo account, you don’t have to use it for years as it’s only there to offer you guidance on the basics of trading, and then you can move on to using a real account. The reason we decide to begin with a demo account isn’t actually to perfect their skills or completely avoid losses, because those losses are inevitable. We do so to prepare our minds and have a good idea of what we are to face in the real trading market.

[Sim_card]

It is true even the Demo trading account don't gives the actually feeling when we do trading with the original fund but it was not wise decision when you are new in this space and want to learn trading it was not a wise decision that learning trading via the original fund at least when we were in the learning phase it should be used for the demo accounts then when we got some knowledge and analysis skill then we can jump into trading.

I believe one of the reasons why trading with demo accounts often feels different is often because traders trade with the consciousness that they have absolutely nothing to lose, thus they don’t critically analyze their trades before placing them. And this isn’t the case when you trade with real funds, because you’ll know that a slight mistake might cost you a lot and so you’ll be careful.

You are right, because trading with Demo account will make you do whatever you like believing that you will not run at loss in real life. Your emotions wouldn't be put to test. It's same thing like playing a game without staking and staking on a game that you are playing. The difference will always be there. Some people can't control their emotions when trading, and some is that they are greedy.

[JISAN]

Everyone, not just beginners, should avoid trading and holding unless they are experts in market analysis. No one can make a good profit on average by trading, besides profit when they lose, on average some equal and some lose. But those holding Bitcoin never lose unless they panic and sell at a loss.

All the traders I have heard so far are losing on average.  Yet they train because it has become their addiction.  So it is not good for anyone to turn trading into an addiction unless they are an expert

[Aanuoluwatofunmi]

By now we should have known what's good for us and what is not, trading is not just what we are going to start doing when we lack the necessary preparation and adequate plan needed for it, another thing we should know is that trading is not what anyone can boast of, because even the experienced ones in trading do fail in their attempts and make losses, but holding for a longer time will always amount to profitability.

[Dr.Bitcoin_Strange]

You are right, because trading with Demo account will make you do whatever you like believing that you will not run at loss in real life. Your emotions wouldn't be put to test. It's same thing like playing a game without staking and staking on a game that you are playing. The difference will always be there. Some people can't control their emotions when trading, and some is that they are greedy.

Yeah! Even with demo accounts, one still needs to know how to control their emotions because without self control, they may not really be able to learn the concepts and basics of trading. Just like you said, the difference will always be there, no matter how many times they use a demo account to practice, if they’re not able to achieve control of their emotion, even if they use a real account, they’ll still encounter losses like they never actually practiced trading at all.

[LogitechMouse]

It is true even the Demo trading account don't gives the actually feeling when we do trading with the original fund but it was not wise decision when you are new in this space and want to learn trading it was not a wise decision that learning trading via the original fund at least when we were in the learning phase it should be used for the demo accounts then when we got some knowledge and analysis skill then we can jump into trading.

I believe one of the reasons why trading with demo accounts often feels different is often because traders trade with the consciousness that they have absolutely nothing to lose, thus they don’t critically analyze their trades before placing them. And this isn’t the case when you trade with real funds, because you’ll know that a slight mistake might cost you a lot and so you’ll be careful.

This is why when I started trading, I didn't try to do it on demo.

If you try trading on Demo account, you will have this feeling of "I can just put my money in a single trade and go all-in, and I don't care if I lose because... it's a demo account." and because of that, you will still not learn from it. I know this isn't the case for most of the traders who are using demo accounts, but for me, I have this kind of feeling hence, I didn't try it at all.

I always believe that you will only learn when you are doing it using your actual money. In that way, you will learn how to control your emotions properly, you will learn the exact strategies that you need because you have real money that you're using, and if you manage to make a single mistake, there's a huge chance that you might lose it all. Demo account for me isn't working.

[Dr.Bitcoin_Strange]

This is why when I started trading, I didn't try to do it on demo.

If you try trading on Demo account, you will have this feeling of "I can just put my money in a single trade and go all-in, and I don't care if I lose because... it's a demo account." and because of that, you will still not learn from it. I know this isn't the case for most of the traders who are using demo accounts, but for me, I have this kind of feeling hence, I didn't try it at all.

It’s always important to identify what really works for you as a trader and also stick by it. Yes there are those who can actually practice using a demo account without feeling reckless with the funds there at all, and if are not told, you wouldn’t even know it’s actually a demo account, and there are those who are not like that, everyone is different in their own ways and it’s good that you discovered where you fall in early and you stuck with what works for you.

[JorvikCoin]

Before investing into bitcoin, you must do your own research first and when you decided to invest, just invest what you can afford to lose.

This is just simple tip for all beginners who wanted to start investing in bitcoin.

[KryptoBull]

Before investing into bitcoin, you must do your own research first and when you decided to invest, just invest what you can afford to lose.

This is just simple tip for all beginners who wanted to start investing in bitcoin.

I agree with this point of view: avoid all pressure from crypto investment. Crypto is only part of the financial market, it has great volatility and we should only participate with the money that we are willing to lose. I know many big funds are putting a lot of money into BTC, even Strategy company is focusing on this asset but they have a better position than small investors.

Crypto investors should have BTC in their accounts, then they can think of altcoins like ETH, BNB, SOL, XRP. Without BTC, they may have to experience a lot of fear in this market.

[debra]

Trying on trading especially on spot is good thing for trials, as long that you use it on tokens or coins that is more stable than those tokens who has more volatility. On spot and with more stable coins can loss minimal or profit too as long you use stop-order.

Yes, for beginners we can use spot trading. We can choose the top coins for the safety purpose. We can minimize the chance of losses if we trade in spot and with top coins. however, we must know the basic things in trading first. So, we also can raise the chance for profits. I think we don't need to use stable coins, it is better to use more volatile coins. This can create a chance of bigger profits.