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Author Topic: What would you tell your younger self to learn this space efficiently?  (Read 441 times)
Antotena
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November 19, 2023, 11:21:54 AM
 #61

Hello,

With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?

Such as: trading, strategies, technical info, learning methods etc etc,

Any help or guidance is appreciated  Cheesy

If I'm young, I will be finding it hard to try understand trading and for that, I will squeeze my pocket, empty and buy bitcoin, I will continue to buy and hold until I had enough and then make sure it's perfectly secured in a hardware wallet where I can get access to and also make sure that nobody have access to it except me. I will also convince my family to do the same which I believe they are going to because going back in time means it will be cheaper and they can purchase them.

However, since having that great days is impossible. Learn trading, understand it and take your time to practice is it either in demo mode and real time mode to understand everything about it, you will enjoy money in bull and bear market but more importantly, look into margin trading and explore more on it with small leverage, you will get most likely the same profits some bitcoin holders will have but then again, you need reasonable amount of capital.

R


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HajiBagi
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November 21, 2023, 06:36:33 PM
 #62

I'd advice myself to not get involved into trading to begin with. Retail trading is just waste of time and money.

The second thing I'd advice myself would be to... Keep learning more about the crypto space. Maybe don't create a dozen of topics asking basic questions which could be answered with a google search, but yeah, with everything considered, there isn't one thing I regret about learning.

(Ok, maybe I convinced myself to buy a little more  Tongue )

Good idea, buddy. If you're new to trading or trying to teach someone how to invest their money, you should learn a lot and avoid getting involved in anything related to it until you've gained sufficient knowledge. Trading is not for the mentally weak, and you need to know what the risks are. You should also keep learning and ask questions about the things you don't understand. If you jump into trading without knowing anything about it, it's like starting a business without knowing anything about it.

.
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TakeItEasy
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November 21, 2023, 07:42:51 PM
 #63

Hello,

With all the knowledge you have everything regarding cryptocurrency, what would you tell your younger self in order to learn the best / fastest to get the most out of this space?

Such as: trading, strategies, technical info, learning methods etc etc,

Any help or guidance is appreciated  Cheesy

I would never tell my younger sell to enter into the cryptocurrency, as I think mostly people have been here who made a lot of money through the crypto but the fortune of mine in crypto is too bad I think, because whenever I have bought a coin its price goes to low and then the market goes green when I sell it. In this way I have been here for more than 10 times it happens to me, which made me so confused in trading.

I would always tell myself as a younger to invest in the real works or real business like that I would manage by myself not by any market, or in which I didn't have any fear of losing money at all. Nor I want to look for it again and again whether the market looks green or red and so on. This would be better for my younger self and even for my upcoming generation.

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December 07, 2023, 01:40:11 PM
 #64

Good idea, buddy. If you're new to trading or trying to teach someone how to invest their money, you should learn a lot and avoid getting involved in anything related to it until you've gained sufficient knowledge. Trading is not for the mentally weak, and you need to know what the risks are. You should also keep learning and ask questions about the things you don't understand. If you jump into trading without knowing anything about it, it's like starting a business without knowing anything about it.

Well suited. The important thing is not to buy when the graph is straight. What must be accepted first is losing in strategy and this is the most dominant thing that happens. especially when prices are high where there is a fear of being left behind. Even if you wait a little longer, at least 1 hour, the price will be different.

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