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I don't know how it was done many years in the past when learning trading, so I will wait to read the comments of traders with many years of experience.

I've noticed that on my WhatsApp, Telegram, Twitter, and basically all social media websites, there are so many beginner traders with no real live trading experience who should stop giving trading tips to other people rather they just put it out there for whoever cares to listen to them.

I keep asking myself, are these kids doing it wrong? The beginning phase of the trading journey is a time for learning and not talking or trying to show off. These new kids should be quiet and focused on building equity, and other best trading practices that would make them successful traders rather than trying to act cool and successful when they haven't ever made a dollar other than in a demo.

I have engaged with a couple of them in trading conversations, and they beat around the bush, replying with generic responses without any real experience.

Has anyone else here noticed this too?"

It looks like they are just trying to gatecrash into the market, even though this is one of the safest times to enter the market and there is not much time to learn about it. Also, they need to decide what type of trader they want to be. In the short or long trades, a year is the ideal duration for the long trader at the moment. It is a must for them to be able to research a project or coin and stay up to date on its progress through the market during the project's development. Buying and sitting back is dangerous, they should learn and keep learning, always online and well informed.

Yeah this is nothing new. I've experienced this almost 15 years ago when I was trading stocks. I would go to the Yahoo discussions for certain tickers like AAPL and there would be countless people there who pretend to be some pro traders. However eventually if you took their advice you would notice that they don't know what they are doing.

Then went to some trading forum and same thing. Basically people pretending to day trade for a living and posting screenshots of their demo account. I don't know why people do this. Most likely they do it for attention. But its not good because its basically the blind leading the blind pretty much. Hence why you are pretty much on your own in this trading journey.

They can actually think they are pro traders because they just joined the market recently, made some trades and got profit. Quick and easy profit make them think they are actually pro traders but they will be tested more by the market. When the market turns to bearish, have corrections and crashes, they will be washed out and the market will reveal truth about those self-considered pro traders.

Demo account trading is different than with real account with real money. With demo trading, no pressure of losing money, no greed to chase profit and people can apply what they learn for demo trading. They will do more accurate decisions without effects from emotion, greed and fear which they will have to face with real account and real money.

I don't pay much attention to such discussions on social media. that's because most beginners just want to show off with the little trading success they get. maybe it can motivate other beginners, but that kind of thing becomes a joke for experienced traders.

just apply more trying and listening. talk less and share profits. focus on improving your skills. Don't pay attention to other people's chatter, unless someone comes to us privately and wants to discuss it. However, sometimes we need other people's thoughts or experiences to increase our knowledge.

There may be some of them who intend to invite their colleagues to get involved in crypto trading, but when many ask how much profit they get from the trading they do, they only state that the profit is not real.  It's true what Op said, it's best to focus first on understanding how it works before inviting other people to get involved in crypto trading.

I noticed this on social media and it's their way of inviting friends in their circle of friends to join in crypto trading. They may find it easier to invite their friends to join even though they have no real experience in trading. This is a dilemma because they should learn about trading, practice it, share their trading results and invite their friends.

We may think the kids are making mistakes by not learning a trade. But according to them, that is their way of introducing crypto trading to their friends. We can advise them that they want to learn trading to explain it well to their friends. But we can only recommend them and cannot force them.

If they think their actions are right, they will do it anyway. But no matter what, they will later receive the results and see that what they did was wrong. And if they can be wise, they will realize their mistakes and start learning to trade.

Trading platforms with links to social networks play a major role here. For example, you receive credits or free coins if you trade and someone then registers via your link and deposits money themselves - classic referral.
You see this more often at the moment simply because the platforms now want to take customers away from each other and are therefore launching such campaigns.

But what you definitely hear and read about very often now are copy traders. Newcomers to the market in particular are hoping to make big profits - and are not afraid to show off how much they have already won with copy trading  ::)

Yes, I have seen countless of them, and they are becoming increasing every day. Many of them are flooding this forum as well, and this is in the name of the informality of trading, there is no way to test or scrutinize them, if not, there wouldn't be much of them running their mouth on what they have a little knowledge about. Well, "by their fruit, you shall know them." They hardly pass my radar unnoticed but I always leave them to their folly because it is not worth it. Unless they come clean that they want to learn, I just smile at many of the idiocies they propagate on online.

Although we have to give them this, most of them understand the theoretical part of trading, no doubt about that and they might use the idea for some discussions. But with the way they do their constructions, you can still detect the quackery in them. This is why I advise people to always go for real knowledge, you can imagine these people training other traders when they have not even started earning or have the needed experience yet. That can't have a good end, to say the least. Anyone who wants to learn trading should go through the right sources and not be using any random social media nonsense. Lastly, viable websites or verified contacts of professionals who could be their mentors are the primary solution these days.

You should've also included this forum. There are so many I've seen here who don't even trade or are at best unprofitable but they give trading tips 😂. This is why we should always verify whatever anyone says here before taking it to heart.

I've encountered many like that too. Sometimes, someone close to me who knows I'm in this industry tells me about people they think are also crypto investors only for me to discover that they know nearly next to nothing in crypto apart from some mining apps they're going through on their phones. In most cases, these people don't even have a single satoshi to their name. It ludicrous.

In this case, I personally am one of the traders who is in the beginner stage. My experience in trading has not even reached 1 year. So, personally, as a beginner, I prefer to read and respond to comments from pro traders. But the problem is how to differentiate between those who are experienced and those who are inexperienced?

is it from their profit ratio? which they sometimes show off in their trading journals. Because they apparently always record all their trading activities. So that the average profit and loss and all aspects of trading are neatly arranged. So it is easy to evaluate in the future. (that's what I heard). Or is it just from their words that they speak quite convincingly? In fact every time I follow their advice it turns out it works well. And I made a profit on their advice. And I found quality suggestions from my state's Local Board. They were amazing and I learned a lot from them.

      -   Being a trader, especially if you are a beginner or just entering the trading business industry here in the crypto space, you should know what type of individual trader you belong to. It's hard to enter the trading business without knowing where you are categorized as a trader, right?

We also know that it is not easy to learn; no one has learned to read the market in just one week, or anything like that. Now, in the situation that we have now, I can say that this can be a good chance for buyers to invest in the crypto assets that we want to have. From what I see on the chart graph, we are in a short-down trend right now.

Now, if you think that those kids are doing something wrong, I think that's normal, and it's better for them to see what they're doing wrong so they know in the end which mistakes they made and so they know too that should happen to them again.

I think beginners who want to show off their achievements sometimes overdo it and think the beginning of their journey is so impressive and want to get praise. I have encountered many cases of novice traders who feel they have achieved a way to be successful but they forget that the world of crypto trading is not as stable as expected. Maybe only for a month they can show off here and there on social media showing charts, portfolios, etc. But after that, for some reason it was no longer visible, he could have suffered a big loss due to being too confident and not prioritizing the quality of knowledge in trading.

I don't use social media very actively so I don't really encounter things like that. The only social media I actively use is WhatsApp and I don't join many groups apart from work and family groups. In the past, I found discussions like that boring when actively using Telegram.
On Telegram, there are many groups that I don't join but I have been in and the discussions are really long-winded and they each show themselves to be much better about trading.
I chose to leave and deleted the group so as not to be disturbed.

I often see these kinds of talks, but I don't know if they are part of the elders or not. Usually people who are already professionals and have a lot of experience will say they are beginners, even though we already know that they are old-timers in the trading world, on the contrary, those who have just entered or traded will stand out more because they usually behave as if they have been trading for a long time and have become professional traders.
Beginners do things like this perhaps because they are proud of themselves or they are arrogant, pride and arrogance are something that is difficult to distinguish. And maybe they are the first person in the neighborhood to know about trading, so they want to show off something that might be unfamiliar to them.

Social media works on the principle that every controversial news is a trend. For example, you find that a doctor decided to buy Bitcoin and made profits without even learning a single line of programming, How can a farmer delve into trading with single click or by asking artificial intelligence services, How can a student not need to flip burgers in order to pays university fees.

Trading requires knowledge and application of the basics of trading, otherwise it is the quickest way to lose your money.

This is very normal in social media, some are just pretending so other people will praise them. Some are just making predictions and speculations.
Some also claim they are profitable but overall, they are not. Some are only flexing their winnings just to impress other people but they have a lot of losses.

Social media usually amplify things and news. If it is a bad news, it will be amplified worse on social media to result in fear and panic. If it is a good news, it will be amplified but in an opposite way, then cause FOMO.

Knowledge, experience with loss and pain and with market corrections, cycles, bearish years to understand it and most important, to control emotion and psychology better.

No trader will actually understand this The Psychology of Market Cycles (https://fifthperson.com/psychology-market-cycles/) if don't live in the market long enough, don't have profit and loss.

As far as social media is concerned, there are a lot of people who will come online to make claims about what they are not, and some will lie about their identity. There are a lot of lies and fake identities on the internet, and as a wise person, the best thing to do is not to follow any kind of random guide you find on the internet unless you are probably sure of whom the information is coming from. For example, on the forum, there are a lot of reputable members, and when they give out information, we can be sure that it's not misleading information, but there is nothing like that on social media. People are free to say whatever they like, and if the listener, viewer, or reader is not wise enough, they can easily fall victim to the wrong information they get from social media.

When I learned trading, I did not actually rely on any online training from those social networks because there's a heavy amount of wrong and misleading information there, so I didn't fall for it.

Don't follow every trader you see on social media because many are only living fine from the subscription they receive from followers. It is difficult to know a trader who is consistent in profit except they show prove to you but not many traders make profit, that is certain. As far trading is concerned, we should try to learn and be contented with the one we are able to do because there are different hype on trading profit and alot are fake.

I have also seen that. Maybe they are knowledgeable from what they have learned but they lack in experience. Then know how it works that's why they are spreading all those "tips and tricks". But when it comes to doing it in real life, they have no idea what they are doing. They should have learned how it works by experimenting. Because knowledge without experience means nothing. I can read a line from a book without knowing its meaning. But does that have any value? Of course not.

All I can say is, all they want is attention. They share whatever they have learned from the internet or something out of an article. In reality, they have no hands-on experience. It's better to avoid them and build up your own strategy.

When I read this part, it seems like you are talking to a bot or something. If it's like generic responses and no content in general. It's just really sad to see that it's just fluff and not much real interaction or something.

A lot of people seem like they are more interested in a "quick" way of earning money which could lead you to quickly losing it as well.

I have seen some people doing it so that their friends or colleagues join the trading platform with their referral link. In this manner other than trading, they will also make good referral earnings through these referrals. Hence they always share the knowledge that they have, and try their best to pretend that they know everything about trading. It’s always best to not ask anyone about trading. Try to gain some theoretical knowledge and then try to implement yourself, when you trade and gain experience, you will become better.

You can't give what you don't have. This is applicable to all beginner traders who pretend to be more skillful when in reality, they don't even know how to trade and end up profitably. It's like that they don't want to be boastful but they want to brag the thing that they actually don't have. Most likely to show off or just want to prove to other people that they are not a failure so all they need are just to pretend to be real life experienced traders.

In the end, they are not actually fooling the people around but they are fooling their own selves. And generally, no trader will be successful if the mindset turns like that.

It has become the norm these days. Any newbie investor or trader who manages to get a few dollars in profit in their first few trades starts considering themselves experts and starts giving advice and suggestions to others about the market and what they need to do when they don't have much knowledge or experience themselves but only got lucky and got a few bucks out of a cryptocurrency that they have bought that might have been suggested to them by someone else.

A person who listens to such traders and also acts upon their suggestions is to be blamed if they incur any losses because you can't just listen to anyone and make financial decisions when you are not even sure if what they have suggested is correct or not. It's your responsibility to do your own research before you make any trades or investment and your decisions shouldn't solely be based on suggestions.

While these beginner traders are busy trying to show off their potentials in trading, when we all know they are still in the process of learning, the real successful and long term experienced traders are just silent on one side while harnessing their craft in trading. Instead of talking out loud like beginners do, they just do their thing privately, away from the public awareness.

Trend has really become different these days. Whoever who have less knowledge and are less skillful are those that do a lot of talking and bargaining, while successful professional traders just focus on their own private life.

Man cannot learn by himself, but he gets information and knowledge from somewhere. So any platform can be used for learning be it from internet or from a friend or relative. There is nothing wrong if one gets useful information from anywhere and shares it with others. It is not necessary that only a very experienced person has useful information, but anyone can give good information. If newbies share any information and it is wrong then we should correct them.

It is in this debate that new people learn, if we do not teach them and share our experience with them, then how will their experience grow. Of course, you should always make your own strategy, because different people can give you advice, we should listen to everyone's advice, but always make our own decision. However, sometimes new people can give you very useful information that we are not aware of, because they are new and always researching new things.

Whatever the reason for beginner traders, I guess only beginners will understand also. Small achievement can turn big for them, just like small knowledge for them may actually seem that they know even everything. That's how beginner traders nowadays. They have this self-entitlement that even the real experienced traders in the market don't even bother to care.

Instead of talking more in the social media, which I really think will not be profitable for them, they should learn to increase their knowledge and develop more skills in trading. Trading is a battle of mind and skills, so it needs more time to be more proficient in trading and claim as a good and succeed trader.

Well I ahe not noticed this with one even in social media too. But I will say if you notice something like from the kids then you have to call them and caution them to stay clear from the real account then advise them to use demo. Those who are trading with no little experience and without looking for a way to learn before trading are just wasting their resources. Waste of time, energy and Money. How can someone trade and can't answer a simple question when you asked them, that means they trading because someone told that trading is one the best and fastest way to get quick money.

I've been using Telegram for a few years now, but I haven't seen any newbie traders trying to teach others, but I have seen a lot of traders on Tiktok who are trying to be cool mentors. I feel that the most of them are not beginners, but that the majority of them are not lucrative and are simply acting cool. We're here to learn trading, because most of us can't be profitable and only manage to memorize everything, they provide a mentoring merely to make money.

It can also be a personality trait, some people naturally like to show-off, so at any slightest opportunity, they always try to show to the other person that they are more knowledgeable than the next person.

It can also be the excitement associated with learning something new, something which you will like to share to anyone you know.

Newbies like this need to advised to try to keep things to themselves, or even if they want to talk about it, it should be to people with whom a conversation with will add to your knowledge.

f = m _exit V _exit + (p _exit - p _ambient )A _exit
(“A” refers to the area of the engine throat.)
When the rocket reaches space, and the exit pressure minus the ambient pressure becomes zero, the equation becomes:
f = m _exit V _exit

Do you know what kind of equation is this? You can do some research and come up with an answer but does that make you really knowledgeable? Matter of fact, does that make me knowledgeable? Because I don't know anything about it. I have just copied and pasted this piece of information from an article released by NASA. I can say that this is a formula for launching the rocket in the space. But not having experience in this section I really can't tell what does what.
It has nothing to do with trading but I am just trying to make a point.
I can write an article by reading something on the internet and not knowing what it actually does. Everyone can share a piece of knowledge but experience is hard to gain.

Because the experts will open paid courses, signal groups, or they just keep their own tips for their own benefit. I'm not sure there are really experts giving their valuable tips for free on the internet these days.
On the other hand, there are a group of traders who just by luck have randomly guessed the price direction and then forwarded on other traders' tips.

I am that newbie but never trying to bear around the bush because I know my place, I consider myself a newbie, and whenever I put my knowledge in front of anyone, it is totally based on true experience that I have gotten from the trading I have done. And whenever I said something wrong I was corrected by experienced ones. But, one time I did embrace myself, when in 2022 or in 2021 maybe (don't know correctly) when I went to an event and it was my early days of trading (like a beginner) and I was totally into my phone checking it again and again and talking about trading even if the topic was something else.

Well, now in 2023 I came to realize that one of the fellows who was with me in that event the whole time, was an expert trader and I did not know that, I was acting cool like I was managing some big business but he was cool, he was not even checking his smartphone or talking about it. He was totally enjoying that time.

And then I realize I am taking trading wrong, we should talk about it when it is needed and we should not think about it the whole time.

The thing is, if we do it one to one then that's risky, but if we make it public then it's good. What I mean is, if you find a newbie trader, and a veteran trades take that newbie trader under their wing, maybe that veteran is an idiot and the newbie will not learn anything decent and the result will not be good at all.

However, if we see that veteran write how to trade better, or release some videos on youtube, then we would know if it's good or not and that will matter a ton. We should always consider that as the option in the end. I get that we may not end up with anything bigger than that, we just need to make sure that life is a lot simpler on the long run. I get that we could be considering this as a big deal, but we just need to make sure things are fine.

What you describe here is also one of the reasons why well-known and successful traders such as Tone Vays or Brian Beamish (The Rational Investor) now publish little about their trades, but advertise their courses and paid videos much more. This makes it much easier for successful traders to earn money with significantly less risk:

https://i.postimg.cc/tg2Gp48m/screenshot-380.png (https://postimages.org/)
Source (https://twitter.com/amirkhella/status/1191745727510106113)

Of course, you first have to get into a situation where you are well-known enough to be able to offer courses that anyone will book. I also enjoy following Brian's long-term forecasts, as they are always very close to reality.

It's very important to research and verify any crypto related information that we see or hear on the social media, especially for newbies who don't have any experience in cryptocurrency investment and trading. There are lots of things to look out for, inexperienced people who just wants to gain attention and talking about crypto trading that they practically know nothing about, scammers hyping scam projects, hackers directing novices to phishing sites, infact take every information from unverified sites as scams until they're proven otherwise.

Cryptocurrency trading is harder in practical than when analyzing in theory, because in practical you're actually staking your money, and there's a good chance that you can lose it, except for beginners who still do demo trading and think it's easy. So it's important to know the practical experience of a person who's analyzing trading to you.

I even see how they add me to different groups, in which case I simply leave such groups. I’m not sure that this can provide any important knowledge, I think such groups are simply created in order to increase the number of subscribers, this is their real goal. All that can improve your trading results is practice, and trading textbooks, and I am skeptical about all these online experts.

the most ridiculous one I've ever encountered was a beginner who took a screenshot of the exchange account where he was trading and then shared it on social media. I know it may be a matter of pride for beginners, but they don't know how risky it is for them to keep their assets on an exchange where they may not know a crypto wallet to store assets. and they feel very safe leaving their money on the exchange.

A professional trader wouldn't brag about his trading skills and tactics. He will keep it a secret to himself because he is using it to make money daily and will quietly get rich with it. Only unskilled traders will come out and brag about their trading techniques, when they were only lucky to make profit once.

Trading is not something easy but needs time for you to learn and practice to become skillful, so that you can come up with your own strategy of understanding the market. It might take 2yrs or more, but these days newbies join the crypto space today and tomorrow they are trading and claiming to be a pro with no idea of the market. This is why a lot of them run at loss and stop trading.

They do things to make themselves more famous and have more followers. I was also one of the people who was unknowingly put into a channel that talked about trading and I thought it wasn't anything different from what they said.
Usually they have a private group with the pretext that all discussions will be discussed in detail in the private group, including trading signals and they call it a VIP group. They usually ask for some money if we want to enter the VIP group. From here we must have realized what their real goal is and their target is indeed beginners because they are usually easily tempted by the lure of VIP signals.

The reason anyone would do this cannot be far from making money. I have seen this so many times and greenhorns usually do this for a couple of reasons. It is possible they don’t have money to trade so they post their trades online to get someone who’s willing to risk giving them money to trade on their behalf and get a monthly commission for their investment. Some new traders are pretty good and have a history of successful trades, they become greedy and want to x3 their capital but don’t have the funds to do so. Their only option is to attract investors to give them money to trade for an agreed ROI.

You need to prevent others from adding you to different groups in the telegram settings in the Privacy section. And until I set up my telegram, I had to unsubscribe from several dozen groups every day, to which I was added during the day. Thus, spammers increase the number of participants in groups that inherently do not carry anything useful.

Lol, that was a good one. I was trying to solve and figure out what it is for a second and realized it had nothing to do with crypto trading at all and I am like what the hell is the point of this? And then read the rest of the message :D good one, definitely deserved it. I think it's important to understand that you need to end up with something that will be a bit different, we need to end up with something that needs to be a bit more researched.

Unfortunately most articles online are not that much researched and that's why they rarely make it that different, we need to realize that it is not going to be all that easy and can't be handled all that easily. We should consider this situation to be ab it different though, it is just how SEO works for messages and articles.

I don't follow any trading advice from newbies on any social media what I normally watch out for is chart patterns or trade models posted on twitter by experience traders thereafter do my own personal research through back testing of chart to validate and confirm those setup in a bid to practice, learn and apply the models in Live trading, trading is hard I think those newbies were lucky to make some quick profits in a short term that is why they are bragging and giving unnecessary advice , I would listen to advise of seasoned and experienced traders who usually backup their writeup with charts for more research.

Of course I can confirm that. Many novice traders cannot keep quiet and hide from the excitement when making profits from trading. Some of them even show off things that make people around them wonder whether they are making tens of thousands of dollars a month or hundreds of thousands of dollars, but the fact is that they show off too often even if it's only $100 to $1000 a month.

Basically this is only good if they want to become an influencer and profit from it, but without good experience and knowledge then I never really assume they are ready to lose everything. A professional trader will not show off his profits publicly without there being a big intention behind it (like an Influencer), otherwise they hide and only care about their financial privacy.

Social media posted videos and activities will never be reliable all the time. You have to filter out activities that you think are all lies and stick to what has been working and legit. Same with the case of beginner traders, you can't expect from them that they are really well experienced and are profitable in real live trading. Because if they really are, they will not do a lot of talking and brag whatever they can brag, just let their performance do the talking which I think is hard for beginners.

Well, by the time we talk about trading and cryptocurrency, money is already the centre of it. So, what's the difference? But there may really be some who only wants to be a good guy? Then there are who only wants a fame, etc... .

It's crazy if a newbie is already good at trading. How is that even possible? Maybe yes, if they are only faking to be a newbie but the truth is they already have a long years of experience on this field. A real newbie can only get lucky to get a correct trade but I doubt it can be consistent. Although it's true that newbies are mostly greedy. Not only it is wrong, but they also want to risk someone else money.

Sometimes someone who only reads a little and knows little and has little experience will feel that he is quite experienced and has a lot of ability and insight. They feel capable and in the end feel like they know everything. Especially when they get profits in several trading times.

We can't stop them because whatever dragon they are, it's usually based on their personal characteristics like that. And especially in that environment or group, there are a lot of people like that, so they usually don't want to look ordinary and not wow like the others. Therefore, we ourselves must limit ourselves. just let them talk a lot of things about trading that sometimes don't make sense, we don't need to consider that. and even if there is something true about them, just take it as a consideration... Because it might be quite difficult to give advice about the importance of continuing to learn in trading to someone who feels they are already great at trading even though they are still quite new.

You can't expect from beginners to be reliable on what they say. Sometimes, what they say are even the total opposite of what is happening in reality. While they are fond on bragging what they have, even if we know that it's not enough knowledge and skills to be a successful trader, but  let's just leave them on that because they find happiness and satisfaction on what they're doing.

However, we all know as real long time traders that it takes years before we can say that we're good at it. Although some learn faster than the other, but in trading experience will always be the best teacher. Without experience, you will never be realizable in trading.

Expect more during the bull market  ;) There will be a lot of "trading gurus" on social media when the bull market hits and most of their calls will be noticed given that the market is only going up. Market will be flooded with fake trader influencer in the next bull market as they want to gather and widen their follower base. It is somehow alarming given that the new wave of people entering the market will encounter these type of persons, worst case is bringing them doom in cryptocurrency by doing bad calls and asking them for money as an investment. I had seen these fake trader gurus last bull market and it's sad that people will only notice it when it is already bear market where majority of them will become dormant.

Showing off and being arrogant is always difficult for everyone to control. Including when have something unique or an activity that is not yet common, such as crypto trading. Maybe that's why the arrogant traders you have met are long-winded and lack knowledge. Because for them just by knowing crypto trading, maybe it has become a matter of pride. That's why the novice trader becomes arrogant.

It is indeed very difficult not to be arrogant when doing things that only a few people can do and most of us see those who only have a little understanding of trading and when they understand it well I think they will be able to act wiser in dealing with other people.
If they understand about crypto trading and feel proud of what they know, of course they won't feel the losses they will incur in trading if they don't understand it well, so it would be better for them to keep learning well about crypto trading so they don't just be proud of it. what they just found out.

I don't think there is a new trend. It seems crypto is still the same as before. What I'm confused about is "among novice traders". I wonder does this mean that novice traders will dominate the market? I think you understand much better, even I often check Twitter, etc. There is nothing different or brings big changes from the trend. they may be new people who want to flex like motivation to learn trading. This makes more sense than seeing traders starting with a new trend.

We don't know whether it was a mistake or whether it is a new trend among novice traders. If they want other people's curiosity to get involved in trading, they can do it.
I didn't notice that trend among novice traders because I also don't check social media very often. On WhatsApp, Telegram, Twitter and others, no one discusses this trend.
Maybe they feel comfortable sharing everything they do including their trading. I see that today's generation wants to always share what they do with the public. Even if it would provoke a reaction from his friends, they didn't care much about it either.
They only care about how they can get more followers.

Yes, this is the primary thing that would happen once bull market would emerge or would happen on which there would be sudden influx of numbers into those so called gurus or trading experts on which even if they are complete noob, they would really be trying out to decieve out other people that they are really that professionals on which we should really be that careful specially into those new people or noobs who would really be that
dealing up with the market. It is really just that no sense on sharing out speculative approach and tending or asking out for some vip or subscription fees on which surprisingly that there are still people who are really that
get easily fooled out with these fake gurus or even into those old ones on which its never been worth on paying something which you could eventually learn on your own.

Its not new anymore and this has been that relevant or quite common into those previous cycles or runs on which there are those sudden experts claiming that they have some good winning trading rate
which if you wont really be that careful then you would really be that victimized by these people on which it would be not that suggested that you do get yourself that fooled
but well if we do just make use of our own common sense then you would be easily be able to spot it out.

I see posts like this a lot from them on their WhatsApp statuses and other platforms where they have audience. It is their life and they should be at liberty of doing whatever they feel comfortable doing, I do not have a problem with their constant updates provided they ain't forcing their teachings down my throat ;D. Most times, their intentions might be pure, their updates might make them open to criticism from those who are more knowledgeable in the field of trading, this way they learn from those constructive criticisms too. It will only be bad on their part if they exhibit pride while obviously doing the wrong thing.

Most new traders and new investors are interested in trading only by seeing the profits and success of others. Two friends are walking together If one of the two friends earns a certain amount of money every day by trading then his friend will feel that he should also trade and if he trades like his friend then he also earns some amount of money every day. It is from such thoughts that most of the investors or traders show interest in making new investments. For those who have a skilled trader or skilled investor to guide them, the journey of trading may not be difficult but for those who have no one to guide them, the journey of trading is not at all easy. He has to face challenges at every stage of trading and he has to face those challenges only then he can profit from trading.

Knowledge and skills will no longer do the talking these days. Beginner traders are much feeling entitled and it seems that with the little knowledge they know in trading, its like they already know everything about the whole crypto market. That's how beginner traders act these days, the reason why majority of them do not last profitable in the market because their experiences are not deep, their desires are not genuine, and so what they gain are only for temporary, not for long term profitability.

This is the result of the current generation gaining exposure to social media since their birth, for those that were adults or teenagers when they were first introduced to those social networks, there is still some reticence to share everything that is going on with your life, but that reticence does not exist with those people, so even if you tell them that they should tone it down and learn all what they can before they begin to brag about their non-existent results, they are not going to listen and will keep embarrassing themselves as they do it.

Beginner traders have different mindset these days. Instead of harnessing their potential knowledge and skills that will give them an edge in trading, they prefer to act more confident on the current position of their trading activity without thinking that if they fail to enhanced their trading abilities, they will never be successful in trading anymore.

The problem with beginner traders these days is they are mostly hesitant to positive changes and improvements. They feel that what they have is more than enough, that they can be sustainable enough in trading, but reality hits that if you lack the capabilities to trade, you will never be successful and profitable in your trades.

That could be highly possible as we have seen a lot in social media where they flex their trading strategies and claim that those have already made a lot of successful trades, without knowing the fact that those strategies are ineffective and have only contributed losses in trading. If you are weak, you will fall on their traps easily and make you entrust your capital on them and end up losing them all. It's late when you realized that those are just beginner traders who have not proven any significant profits in the trading industry.

Never get deceived with how these newbie traders pretend to be skillful ones. If they really are what they say, they might not be wasting their time lifting their own chair and just focus on what they can do on their trading abilities and skills.

the current bullrun trend is truly overshadowing the risk of trading, almost all market are pumping and therefore the beginner traders might think they are expert because they have series of successful trading from the rather bullish market which might cause massive loss to them once the bearish market hits, after all it just means that they will just trade irresponsibly in the future, and will eventually incur a huge loss once they are caught off guard.
I think this is the thing with the saying that everyone is expert at bullish market because the market is going towards bullrun so its easy to buy at low or when correction happening and then wait it out until the price goes higher.
but im sure that any smart beginner trader would realize such thing and try to find some knowledge about the proper way of trading even though its rather obscure but knowing some basic trading principle helps a lot in this regard.
even learning some experience by reading some good article about trading from the experienced trader might help a lot in this case because after all usually experience is expensive but by just reading other people experience we easily gain some knowledge.

Nowadays people claims to be expert while they are not sometimes they only learn little strategies online and some tips with the terminology they will go out their to create a youtube channel or social media channels to post out their little experiences claiming to be one of the successful traders out there. One thing I do for myself is that I don't easily being affected with what people tends to display out there to impression me or to inspire me just because they are making some cool cash without proof or believe and confirmation and, of curse even if they made such money from trading its their time they venture and they need to earn something good from trading.

But the fact I don't like from them is trying to convince people to subscribe to their channel and pay some certain amount for trading tips and signals they don't even study well is what getting me weird and for that anyone who is joining trading should look out the best people to follow out there because many just uses Demo account to influence newbie traders who doesn't know what trading is all about.

Beginners traders always have the mindset of winning everytime even without having a good skill that could create wealth for them.
I could remember when u started trading, I do have the mindset that I would become rich soon but I was surprised that trading is never a Ponzi scheme. That is when I realized that I would have to work harder and study the market before I keep making consistent profits from the market imitating the lifestyle and method of pro traders.

I would say Beginners Traders should never try to get any trading suggestions or knowledge from any social media platform. There are many traders on social media who present themselves in front of Beginner Traders, who only show trading profits to those who are just starting to trade. Which is actually taken from his demo account but newbies don't understand it. For those who are just starting trading, I would say to them, give yourself time to enter the market in the safest way and try to learn about the market by analyzing yourself. Moreover the Beginner Traders have to decide what kind of trader they want to be for short term or long term. But sadly the truth is that we have Beginner Traders who gain knowledge about trading through social media and then end up in dangerous situations.

With the huge amount of misinformation and fake news appearing on social media every single day, I do not know how any person could take what they read there with any level of seriousness, and what is even worse is that those beginner traders are taking decisions that could affect them for the rest of their lives based on what someone they did not know posted online, which at least to me is insane, and yet this happens all the time. 

Yes there are many who don't really know much about trading but they are very expert in imparting knowledge. It is really very harmful that someone who doesn't know much about trading but still gives various advices but there are many traders who have very good knowledge about trading.  keep but are not able to succeed in trading in real life. I don't think it will hurt if they advise.  New traders should follow veterans on forums.  Don't trust any YouTube channel.  Trading patiently with your own intelligence.  Mastering trading takes a lot of time so be patient and keep trying.

This happens very often, especially in cryptocurrency Telegram and WhatsApp groups. There are even those who are determined to open a VIP signal, but the material they use for their members is taken from Google or even signals from other VIPs. And in the group there are many newbies who are finally tempted by their PNL trading screenshots. This is very unfortunate, but most old traders and pro people are silent and sometimes they focus on trading and their own portfolios. They also rarely show off and tend to be closed when it comes to trading and PNL issues.

I don't think we should take this topic so seriously, and the reason is that whether they are experienced or inexperienced, so far what they are saying is correct, I see no reason why they should be crucified for that. But if what they say is not correct, we can point their attention to it or report them if it is becoming persistent. However, till now, I hardly see anyone writing about trading and investments writing rubbish, they might not be very professional in their constructions but they still write what you still deem as true if you verify externally. In light of this, it mustn't be that everybody is successful in trading before they can contribute here uniquely or not.

Besides, if you are leaving it to those who are so professional in trading, you will hardly see anyone talk about trading and investment together. Is that what the OP wants? Even those who are fronting on social media that they are the trading and investment gurus know little or nothing when it comes to practical success. But the fact that the theoretical part is cheap to convey is where they are hiding.

Beginners who think like that should still be considered normal because they basically still don't have enough knowledge to understand the market and trading more specifically. However, over time, this mindset will definitely disappear with the formation of a better mindset after undergoing several trades like you have done in the past. I would not be surprised to see beginners who immediately think they will win every time through trading, because they just need to ask questions and understand what they have done gradually.

Sad reality, but it's happening. You will notice that in social media, there are a lot of advertisements that are about trading or influencers that are flexing their luxurious lives to attract potential investors and attract many new traders to their channels. What is the purpose? Simply to get profit from them, sad reality again: most of those channels are scams. Try to observe and join multiple telegram channels about bitcoin trading. You will encounter 2 channels that have the same postings, and you will notice that the other one is delayed because it is only copying from another channel. If those beginners in trading rely on this channel, then their trading journey is on the wrong path, and surely they will never get into something. That's why it's most important to not listen to and rely on groups specifically in social media. Yes, it can be a reference, but we should know how to distinguish which is a scam or not.

Perhaps, it was normal because that is what they heard from social media influencers and think that they could make a profit too easily. That is how they brainwash beginners and a pretty working strategy. In fact, that is what I thought before until I experienced how difficult to become a trader in real life.
As we have been brag by some people showing huge income from trading (which was not their money), the more we become aggressive to trade and even the lack of knowledge, we still push ourselves to do it.

Somehow we realized that not all we see on social media are true, most of them are fake. That is why we have to help ourselves not to fall into greed or else, we are like those people who suffer losses first before knowing the truth.

Sad reality about beginner traders, they’re not pro traders but when they start talking, it’s like they can manipulate those innocent people and deceive them with their words of wisdom, but when it comes to performance, for sure they won’t say negativity on the real results of how they trade because that will ruin the good reputation they are forming. When we happen to see this, we should be smart enough not to believe them since they are not actually successful and profitable traders.

While these new traders have a lot to talk and say, those successful traders are often seen silent on one side. Not that they don’t want to meddle, but they just want to focus on what they think is more important that they don’t have even time to correct these fake trades.

This sounds reasonable, because when it comes to growing their portfolio, pros will tend to focus on their portfolio instead of being busy influencing other people, even newbies. And in reality, when they are in a gathering/forum, they prefer to discuss other things rather than trading. I don't know if this is true or not what is happening around you, but I often meet and observe their behavior that they tend to be silent and choose to discuss other things rather than trading issues.

Personally I know there are lots of people out there without much experience and good trading skills but yet they still give advices and lectures, as for me instead of listening to someone who is not well informed and lack good understanding of the market, I would rather go for copy trading so that I can make my cool profit. There are lots of people who make good profit through copy trading from exchange like Bitget.

Copy trading is good if you are actually copying from a professional and successful trader. But if you turn out copying from a fake trader, that will only lose your funds all of a sudden. So my point is learn to trade instead by studying the basics in trading on your own. Eventually, you will gain various experiences in trading, mostly losing for a beginner, but after series of losses I know you will gradually develop your own skills and strategies to make your trades work, and maximize your profit making.

You know what you are saying: most of them are self-proclaimed experts. When that's what you see and notice, don't waste your time on those things. Because, like you said, they don't show that they have the knowledge of crypto trading that you are talking about.

Even now that the bull run is coming again, the so-called expert traders are appearing again on YouTube, who are obviously only using influencers for their personal motives.

For me it is not surprising because everyone can speak freely what they want to say, depending on how other people assess the conversation and how they should behave when they see trading talk by people who don't understand it on social media. Just imagine we are talking about something we don't know and if the listener is intelligent they will definitely know that what they are talking about is a bigger lie than the truth.

Trading may have the same discussion regarding several strategies used, but when discussed by people who do not understand trading, the delivery will definitely be different. Lastly, be wise in viewing any discussion on social media because there are many people who are free to speak according to their wishes.

Not to wonder and anyone can do the same even without experience as they just share based on what they have learned when watching videos and online tutorials.

To question if that is wrong? Definitely, because those tips are unrealistic and never help us to succeed but instead, they lead us in the wrong direction. This time, we have a lot of people claiming themselves to an experts, and too sad to see that many innocent people also have fallen into them. Therefore, I would say that the quality of traders now is not quite good.

just because there is little success in trading, and they share screenshots on social media does not make such traders trustworthy in the analysis or signals provided.
those who share signals also don't know for sure what they are sharing. There is no truth as to whether the signal will be according to plan or not.
If you want to follow trading signals, it is better to find out first what the trading record of the person giving the signal is. I'm not saying all trading signal providers are bad. but some provide analyses that may coincidentally be appropriate.
These are all techniques that can be learned. So we have to master it first so that we don't just seriously follow the signals given. Let's just say the signal is a reference that we can study again.

The saddest part is that we are talking about people who are most likely not making money from crypto or trading but making money from the people who follow them.

Doesn't mean they need to charge those people, they could take ads and that would definitely be a way of making money, if you have lets say 100k followers, you do not have to charge a dime from them, you can just charge other projects to pay you to promote them to your 100k followers, and then have a luxurious life, and act as if you made that much money and living that luxurious life thanks to crypto as well. That is the part that is taking the most time, and you should realize that those people are tricking you, we may see that, but not everyone can see it unfortunately.

So in essence crypto and social media are just marketing tools to find profit gaps and sources of income, and trading is just a side activity or not even one at all. I also observed several VIP social media groups that were not even paid but had many followers and their source of income was collaboration with one of the big exchanges, as you said, by using their large number of followers to make money / usually called referrals. The profits are much bigger if you calculate it and are definitely very stable and have even greater potential. It is more profitable compared to trading which has the potential for losses.

The real traders won't come on social media to show off, they'll prefer to stay unknown and be making their money. When you start to show off on social media, you're doing that as you want to gain popularity or get money from subscribers. You're also putting your wealth to the public as you'll become a target to those individuals that want to steal from others. Real traders don't go around social media making noises, they study the market and make more money.

This new trends is done to gain popularity and they use their popularity to make money, they're not traders as they haven't gained enough experience to be called a professional trader. Block them when they show on your feed so you don't get tempted to want to be like them or join their fake channels. Learn to mind your business and learn, after you're done learning you'll be making profits in the future.

This new generation traders (not limited to traders only) believe so much in the power of social media and their ability to make money from it. Most people who have one form of skill or the other are not even interested in the skills they have, they just want to gather followers/subscribers and make money through their pages and channels.  We are also aware that most of these social media traders use their social media platforms to dish out wrong information and even scam their followers. This is why we have to be careful of what information we digest from social media. 

As a newbie in trading, social media platforms like telegram and WhatsApp channels might not be the right place to learn about trading. There are actually good journals and trading forums to learn from. A good mentor is also a very good advantage if you are lucky to find one.

That's common, maybe they're just making some posts for them to show to their future audience that they can use it to increase their following. This is known for these days and when the market is on the bull run, you expect more of them to come and that's a just another normal day in the market. There is no way to stop them if they keep on doing that but they know what's the reality of what they are doing. I am for that to say that they should stop doing it, stop giving advise when they don't actually trade.

Like you said there's no way to stop them since most of the cryptocurrency enthusiasts these days are also after hype messages and i believe the people OP pointed out are just giving naive crypto investors/traders a taste of their medicine because most of them are only after quick profit.

Getting more followers is just one of the purposes of these so-called influencers while their main purpose is to hype their shady bag, do promotion posts for partnership projects, etc.

Yeah, that's all about the potential money that they're going to milk from their possible sponsors and brand deals. There is nothing new with them. But what we need to do is to educate the people that we know or some random newbies and always make them aware of these things that are happening. And keep them reminded that most of the influencers aren't good with that title that they have but still, their grit and hard work to gain that much followers is recognizable.

This is nothing new, many people take advantage of this opportunity to use group channels as a medium to promote one project or another to followers or members to make money. I don't blame them because they are really good at taking advantage of opportunities or the enthusiasm of beginners to learn crypto, especially Bitcoin, from a channel group. It's just what I regret, quite a few of them promote scam projects which in the end many beginners experience losses and quite a few also share signals which in the end many beginners get trapped because the signals don't match reality.

I think this is in human nature, when they find about something new, they get so excited and immediately want to share about that to other people. without even learning and confirming if that thing is true or not. it is same with new Traders, when they find out about trading and hear from people that there is a lot of profit they immediately start telling their friends and family without confirming that by themselves first.
they hear only half information mostly from youtube influencers or telegram and discord groups.
it is true that there is a lot of profit in treading, but it also requires a lot of hard work, need knowledge and even with hard work and knowledge there is so much risk of loosing in trading. these nw traders miss these points and then end up being disapointed.

Beginner traders have minimal knowledge and want to flex or share their knowledge even though most of their stories are just sceptical, because of clout chase. I don't know if they have different reasons why they keep having a flex with the knowledge they didn't experience some of them are just based on the second-hand knowledge or experience of another trader not really on them, if you want to learn more in trading invest in knowledge and keep it lowkey you don't need to share tons of things in the internet just people who want to know or curious is enough. You can see there's a lot of trading gurus telling they have a higher successful rate and selling their services even though its just a basics.

That happens because people are greedily searching for signals and some people are taking advantage of this by creating fake channels for paid signals. As long as people keep searching for such signals, these groups will exist. It reminds me of a few years ago when ICOs were so popular because people were putting money into those projects like crazy but once people stopped doing it, I think that market has shrunken.

One thing people need to understand is - There is nothing free in this world and people giving signals would make money themselves if they were so successful. So, stop falling for such signal groups and perhaps spend that time learning trading yourself.

Trying to show off or rather putting out information when you know you are still at your early trading stage could actually be misleading because you may end up sharing half baked information which will mean endangering others who are just coming new to trading just like you and when they make mistakes they become discouraged and not interested any longer in trading meanwhile the problem is from the information they met first, usually first impression matters a whole lot, some persons may not be very persistent enough to get a better information as compared to that which they got already.

As beginners it's important you stick to learning first and focus more on becoming profitable and a good trader than rushing to come online and show off what you actually don't don't have.

This is also very dangerous for those showing off, since one of the problem with lies is that if you repeat them often enough you may believe they are the truth, so a newbie trader which tries to make it seem as if they are an expert on the topic will begin to believe they actually are an expert, and this means that when the time comes they will take risks that are too high for their level of expertise and suffer massive losses because of their false beliefs about themselves.

Humanity has never been good at saying "I do not know", it doesn't matter what the topic is, you are not going to hear a lot of "I don't know"s in the world, whatever you are talking about and whoever you are talking to, the rarity of that sentence is not something to scoff at. So, when you see a newbie, trying to boast how much they know, even when they have barely any idea what they are doing, it is just humanity and we should not be considering that as a trouble.

I need to make sure that we are dealing with something easy here, it is going to be fine, it is not going to be a trouble and we just need to make sure that it is going to be newbies and how they are. Ignore them and just let them be, they will soon learn their mistakes anyway.

That's the point and the internet is already full of misleading information that directly hits someone and falls into danger if they follow.
Ideally, as a learner or new to trading, must not just rely on a single source of information and must know the person we've followed. In fact, as you have said, a lot of people pretend to be an expert in the trading field but the truth is they are not, and they are spreading half-baked information to fool people and make them lose.

Everybody was a beginner one day and must have started somewhere to begin his trading career. There are different ways for people to become successful traders, it's not only one way that leads to success. For example, there are courses that teach the basic knowledge of trading, there are also books or YouTube videos or just learn it by talking to a friend who is a trader. It doesn't matter how or where we get the knowledge we need to become a trader, as long as we learn. The same goes for the experience needed to be a professional trader. Nobody can become a good trader alone with theory, there is a difference between reading it in books and experiencing it ourselves. That is why I am also a bit sceptical when someone wants to convince me he is a great trader. How can I verify his track record is legit, or maybe he is just sharing with me his past successful trades and doesn't mention all his losses. Better to be cautious at first and trust over time.

Beginner traders need to know a lot before starting to trade. In fact, there is much to learn about the age. Because you have to learn before investing, you can lose capital if you learn after investing. You can learn to trade from a demo account. Don't take advice from social media. Because there are many scammers on social media, they can lure you and steal your assets.

I think the good traders joined in quickly because they were traders and they were in the trading communities and when a couple of them joined, they let the others know and they made money together. Nowadays, everyone who hears that it is a possibility ends up joining, which results with a lot more people who have never traded before to end up trading, and that's the issue.

Let me put it this way, the electrician that took care of the internet cables in my house back in the day said "they would not let it go wild, someone is pulling the strings of bitcoin price and they wouldn't let us make money", that's the level of people who are joining now, they have no clue, and they are ignorant on the subject and they still trade for some reason.

Educate some random newbies? We can only tell them the fact just like we're doing now cause only those who want to learn will welcome our advice while those who are after profit will always ignore it until they learn the hard way because they believe that once they invest in cryptocurrency recommended by reputable influencer the next thing is making a profit. An example is a certain casino that the forum has warned a lot of gamblers about and some newbies are still the victim of the casino.
These are signs that only a few of them are willing to learn while most of them are after benefits.

That's right, those who are just learning about trading of course they have to look for a lot of information about trading and don't be satisfied with a little knowledge in trading but immediately decide to trade. Of course this will give us problems when we enter into trading, maybe they are the ones who spread trading information. This is only to show that they understand trading well so that they can teach people who want to trade and they take advantage and those who learn with them will certainly lose on the trades they make.

Brands that are just starting out in trading must first learn about the trading they are going to do so that they don't make mistakes that result in them experiencing losses in the trading they do.
Indeed, there is nothing wrong with trying with a demo account, but when we try it with the capital we have, we cannot equate it with a demo account because it is very different and the most important thing is that we have to really understand the type of coin we are going to trade so that we don't experience the risk of loss.

It's totally cool to be a bit wary of trading tips from newbies. Getting hands-on experience is key to rocking the trading game. Patience and really diving into learning tend to pay off more than rushing to give advice too soon.

There are many differences between trading with a demo account and trading with your real account. A dollar loss in a demo account does not affect the mind. But if the real dollar of the real account is a loss, then a different effect takes place in the mind. Which is enough to demoralize a new trader. So I would say newbies should not learn trading from any social media. Do market analysis yourself and get maximum learning with your own demo account.

I always discuss this, when I meet people who want to talk about it, and I feel their ignorance, especially friends who just have fomo when the bull market comes.
join in buying without knowing what you are buying and only listening to influencers.

Yup and everyone just looking tips which may not be for free (I mean that people are ready to pay for it also) to earn quickly instead of grinding and learning.

I am not against gathering data from the market but you must not blindly follow them. Use the data from various sources to get the market sentiment and then use your own analysis to predict which way the market might move and which projects could benefit. Because, no one could care your capital up to the level you usually do.

Recently everyone has been talking about Bitcoin ETFs and I don't know a lot about it but the sentiment clearly shows that a pump is imminent. DYOR.

This is also a trend for beginners when buying crypto, there are many cases where they buy crypto just by relying on fomo and plus there are lots of influencers present at the moment, many influencers only invite them to buy crypto and the profits they get However, many influencers do not discuss risks or educate responsible investing or trading to their listeners or viewers, so that quite a few beginners do not fully understand and often end up experiencing losses.

Yet to truly understand crypto, one must study blockchain technology, as this technology goes far beyond the use of money and finance. Especially if they plan to invest in this sector, because this knowledge will help them in choosing the right project for long-term investment success.

Learning the lesson the hard way will make you more strong and dedicated to your work. When it's your money on the table and you are losing it then you will put more effort into perfecting your skills and learning from your mistakes. So it will be better to use real money instead of demo balance but if you are a beginner then use 1% of your portfolio so that your portfolio won't feel the pain for the losses you will take by making all the mistake. Trust me this is the fastest way to skillup and i know this because i have gone through this.

Whenever the market would be having that upward trend or something that do talks about being bullish then you would actually be able to see up these guys on trying to boast up their gains into those new people who had just recently jumped in too, despite of being a noob then they would really be having those kind of behavior and having those kind of acts on which it is really that somewhat irritating if you are that someone
who are really that aware about their statistics and conditions about their learning and knowledge about trading on which they have just started too. They do love on acting and looks cool and trying out to make their image high in other peoples eyes. If you are someone whose also a noob, then it would be always better that you shouldnt really make yourself that easily believe into those people who do have that kind of approach and
claims about being a professional or expert and later on they would really be asking out for some fee or subscription as if they were really that true experts.  8)

That type of influencer only cares about one thing, the amount of money they are going to make. They think that they are going to make some money and that usually ends up being the trouble, I do not think that we are going to end up with something that would be hard to come by, it is going to end up with something that will not benefit anyone in the world, it should be considered something that would be a lot better.

I hope that we could get to a point where it is not going to end up being unpleasant but at the same time it is not going to be all that crazy neither. Just assume that they are going to make mistakes, influencers will basically do what they always do, it is not really their mistake, but newbies will make mistakes because they will believe those influencers.

In simple terms trading with real money, even if the amount is small, makes us way more committed to make our best effort and to improve our skills as quickly as possible.

Now it is true that trading in this way will imply a cost that we will not have to pay if we used a demo account, but demo accounts will never give you the same kind of psychological pressure that trading with real money can bring, and experiencing that pressure first hand is the best way to not succumb to it, especially when you have to take a difficult decision and this time you are trading with a great deal of your capital on the line.

Actual trading helps us feel what is trading all about and may help us understand why we should need knowledge and skills. Mistakes are a part of our trading journey, nobody is perfect even old-timers. If we put "mistakes" as a reason to be afraid of moving forward, I don't think we need to pursue our trading career. Because it just simply means that we never trust ourselves and the lack of confidence will bring nothing but just a nowhere directions. If we can dare to take risks, then we are prepared to commit mistakes as well.

You are right that in today's age social media should not follow all the tempting things that are shown. Nowadays very few people give good experience and advice to users but most people try to cheat from newbies it must be admitted. However, we have seen a number of social media where good quality advice is provided and traders benefit from taking their advice. If one can start trading by taking the advice of those wise men then surely it is possible to make profit but one should always keep oneself under control otherwise one can lose money at any time. All the hypes that are shown on social media should not be trusted too much as it can lead to losses at any time. But we know trading is always risky, from here most of the time profit is low only due to market volatility but traders who understand well can make profit.