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Author Topic: Stop discouraging Newbies from Bitcoin...  (Read 1307 times)
Emmanuelex (OP)
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October 03, 2023, 09:59:06 AM
Last edit: October 05, 2023, 03:55:35 PM by Emmanuelex
 #1

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.
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October 03, 2023, 10:11:02 AM
Merited by JayJuanGee (1), Forever101 (1)
 #2

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
Well that's how forums work, you ask something and people answer you, based on what they think is right. And it is a fact that vast majorify of people would have more bitcoin if they just hold what they have, instead of trying to increase it by trading. To be a successful trader you need years of practice and a lot of money spent and that's not something that an average trader is willing to do. Instead, they try trading for few months, lose money and probably never come back so why even start at the first place?


Bitcoin is for everyone, and no one should be left behind.
What trading has to do with it?

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October 03, 2023, 10:12:01 AM
Merited by JayJuanGee (1)
 #3

I don’t think have read about it on this forum that trading isn’t for newbies rather the message I have seen or read here is always “trading is not for the less knowledgeable” and by definition it certainly right that trading is not for those that do not have knowledge and that is why what you will always read from the forum is try to do your own research before trading or better still most will tell you to just invest and hodl bitcoin has that doesn’t need lots of knowledge like trading which you need to learn it’s analysis like the fundamentals and Technical.

Furthermore this is just a public forum where everyone airs there view and that shouldn’t stop you from taking your own decisions. The advice you will get here is just to shape that idea only. If you are advice about something and you feel otherwise go ahead and do as your at wishes. It is your money and your time, even if it gets lost or gain profit it is still you that will use it

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October 03, 2023, 10:23:38 AM
Merited by JayJuanGee (1)
 #4

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
They are not discouraging newbies but encouraging newbies to a right pathway that is helpful to avoid loss and increase chances to get profit.

Trading is not for everyone and it is harder for newbies. If you know most of traders (like 80% or 90%) fail with trading even they have many years for trading, the failed rate for newbies is higher.

People want good things for newbies but you see different things. If you want to trade, let's move on with trading and good luck.

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Bitcoin and trading with Bitcoin is different.

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October 03, 2023, 10:27:58 AM
Merited by JayJuanGee (1)
 #5

Update your title to "Stop discouraging newbie from Bitcoin trading".

People are everyone, not only newbie. Learning and invest in Bitcoin are different to trading Bitcoin. I don't see people are discouraging newbie to learn or invest in Bitcoin, actually it's opposite because there were so many thread discuss about teach Bitcoin to their friends or other people.

The reason for not trading is 90% are in lose.

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October 03, 2023, 10:32:19 AM
 #6

I haven't seen anywhere in the forum where members discourage newbies never to trading bitcoin,  the forum have always recommended newbies to trade bitcoin because is the best for trading among all cryptocurrencies. The forum always encourage newbies not to trade because they just want to make money but should have  knowledge first before going into trading. The forum have always encourage newbies to take the right step to go about trading, and I have seen forum members who give newbies advice who knows nothing about trading instead of them going into trading they should hodl Bitcoin to avoid losing their money.
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October 03, 2023, 11:00:15 AM
Merited by JayJuanGee (1)
 #7

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
I'm not really sure what you mean by discouraging newbies, what kind of discouragement have you heard though? What we are saying though is true, it's not for newbies because,

(a) there are a lot of risk involved in trading, and if you are not ready for it, you are going to lose money
(b) besides money, there are also time in your end, are you willing to spend more time
(c) there are newbies who doesn't want to get to the intricacies and wanted a short cut and think that trading is the way around. Trading is not a get rich quick scheme.

And just don't take it as negative criticism though. Just the facts.

But in any case you really wanted to go into trading, then no one can stop you from doing it.

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October 03, 2023, 11:02:38 AM
 #8

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
Yes, it's true that Bitcoin is for everyone and no one should be left behind, but fact remains that to be a trader it is expected that one needs to have a vast knowledge about how Bitcoin and certain factors that affect the price movement of Bitcoin works, which generally, as a "Newbie" on this forum it is presume for he/her not to have such vast knowledge required for trading, which I guess must be the reason why people discourage newbies in other to prevent him/her from losing his Bitcoin to trading
Secondly, you need to understand that there is a big difference in "showing interest in trading Bitcoin" and "showing interest in learning how to trade", and please don't get mad when people misinterpret or misunderstand you, as that's part of life, and learn each day

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October 03, 2023, 11:24:13 AM
 #9

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.

For sure, there are some accounts here in this forum who are anti-Bitcoin and/or anti-crypto who are going to discourage newbies to get into Bitcoin.

But as the ones like me who are already into this industry, it’s our role to enlighten them with the right information and educating them well about Bitcoin.

Despite that Bitcoin cannot be stopped, these anti-Bitcoinists keep appearing from here and there saying bad stuff about it. You cannot expect everyone to appreciate Bitcoin. There will always be those people who are being negative and/or against it just like in all life aspects and we have to deal with it.

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October 03, 2023, 11:28:39 AM
 #10


Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”


Trading is not Bitcoin so if someone discouraged newbie to trade Bitcoin doesn’t mean they don’t want to introduce Bitcoin to newbie. It’s advisable to hold Bitcoin rather than trade it as newbie due to the volatility which can inflict loss to newbie with reckless trading.

I doubt someone in the forum will discourage newbie to purchase Bitcoin. You should update the title to “Bitcoin Trading” because it’s misleading when you said “ discouraging people from Bitcoin...”

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October 03, 2023, 11:36:59 AM
Merited by JayJuanGee (1)
 #11

OP stop confusing yourself, Buying Bitcoin is for everyone, either newbie or not, but trading isn't for newbie, it's a straight up fact, why fund it hard to believe that the best advice is to tell newbies not to jump into trading?/do you want them to lose their money?

Trading isn't something a beginner should just decide to jump into, even crypto oldies lose money with  trading it is advisable for beginners to stay away from trading and focus more on bitcoin investment, it's easier for beginners to learn about crypto wallet and how to keep their bitcoin safe from scammers and hackers.

But trading is on another Level, beginners will need a lot of time and patience to learn trading and trading is more like gambling, they will have to place a bet on predictions that the market will go up or down and if you are wrong your money is gone so it is not suitable for a beginner to start trading unless they devoted their time to learn about trading first.

Stop mixing things up, Bitcoin investment isn't trading, and it's safer to buy and hold Bitcoin than to engage in trading, there is money to be made in trading but they need a lot of training first, it's not that easy to good at reading charts.

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October 03, 2023, 11:38:30 AM
Merited by JayJuanGee (1)
 #12

I have noticed something about some people in this forum...

Is this actually Bitcoin related?

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

Maybe because it's true in the vast majority of cases? Bitcoin trading can be quite risky, it's important for newbies to be aware of the potential risks involved.

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

The reason behind this advice is usually well-intentioned. I totally agree with you that we've all been newbies at some point and had to start from somewhere. However, I would like to emphasize on "learning and putting in the work." When someone asks generic questions like "How do I start?" on an online forum, it can seem like they're trying to find shortcuts instead of going through the learning process organically. This might not be the best approach for newbies.

Bitcoin is for everyone, and no one should be left behind.

That's true! But, Bitcoin offers far more than mere trading potential.

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October 03, 2023, 11:41:57 AM
Merited by JayJuanGee (1)
 #13

First, topic title should be rewritten to "... Bitcoin trading" as many people recommended.


Second, I don't see reasons to feel bad with encourage or discourage. Because, in life, in cryptocurrency, you have to verify everything includes what you hear, read either they are encouraging or discouraging. So if you only want to read encouraging posts, messages, you will fall in scam communities, Ponzi projects ...

Reading something discouraging is good to wake you up but don't trust, verify.

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October 03, 2023, 11:57:45 AM
Merited by JayJuanGee (1)
 #14

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
Yes, it's true that Bitcoin is for everyone and no one should be left behind, but fact remains that to be a trader it is expected that one needs to have a vast knowledge about how Bitcoin and certain factors that affect the price movement of Bitcoin works, which generally, as a "Newbie" on this forum it is presume for he/her not to have such vast knowledge required for trading, which I guess must be the reason why people discourage newbies in other to prevent him/her from losing his Bitcoin to trading
Secondly, you need to understand that there is a big difference in "showing interest in trading Bitcoin" and "showing interest in learning how to trade", and please don't get mad when people misinterpret or misunderstand you, as that's part of life, and learn each day

Agree as you said that bitcoin does not prohibit anyone from entering there and indeed there are absolutely no restrictions or restrictions whatsoever even though you may arrive late, this is freedom and only you yourself will have full responsibility for everything that will happen to you. Yes that's a very precise fact buddy, knowledge is very important if you want to jump into this investment world because only that will help you achieve real profits. I understand there is a pretty big opportunity in bitcoin in terms of profit and that means at least you have to have pretty good knowledge or at least understand about the cycles that are in it. Maybe I will say stupid to people who are very obsessed with the profits that exist in bitcoin but they do not have any knowledge at all and do not want to learn to build a good plan, how can you come for a profit but do not bring any fishing rod to get it.  We must understand that bitcoin does not always provide any guarantee for profit, and that means in addition to profit, you are also very likely to experience losses there, the way is as you say keep learning to get broader knowledge, and in addition to knowledge you must also have good self-control there so that even if you experience losses you will remain fine and not end up with emotions that can clearly bring you to a worse end.

Yes there may be some members on the forum who give advice but that advice is like discouraging those newbies who just came with strong intentions, honestly I don't agree with the statement that "bitcoin is not for beginners", it's very arrogant. For those who say that anyway before they finally understand about everything in the world of investment like bitcoin they come from someone who doesn't even know anything, and I say initially they are also beginners like those who just came, but the difference is maybe they came first so their knowledge is wider. Their intentions may be good, namely to educate but maybe the way they do it is not right and it seems like telling those who have just come to retreat.
That's right, here we must really be able to understand what exactly is meant, don't easily misunderstand and it's better to take the positives and discard the negatives.

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October 03, 2023, 12:11:27 PM
Merited by JayJuanGee (1)
 #15

Discouraging people from buying and using Bitcoin is one thing.
Telling them to be realistic about the risks involved in Bitcoin trading is another thing.
I know that everyone was a noob at some point and we have to put in some work and make some mistakes in the beginning.
I've never discouraged anyone from using Bitcoin/crypto. I just want the crypto noobs to build the right mindset, when it comes to crypto trading. Having the wrong mindset might lead to bad results and disappointment.
By the way, what exactly do you mean by "Bitcoin trading"? Trading BTC for altcoins or trading BTC for fiat currencies and gift cards? Those are two very different forms of Bitcoin trading.

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October 03, 2023, 12:21:47 PM
 #16

People discourage it because trading is a zero sum game.  If everyone in the world did it, then the price would be "well discovered" (almost flat), but an enormous overhead cost would come from doing so because each trader has to do their research independently (like self custody of Bitcoin, self research of markets is a property that is intrinsically unshareable).

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October 03, 2023, 12:26:19 PM
 #17

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
Do not see it as people trying to discourage you, they are rather trying to warn you and tell you the truth about trading and telling you what some people will avoid to tell you. Newbies to bitcoins need to consider the best way they intend to use in getting more bitcoins. Trading is one way, mining is another and the other way is DCA. From the three, the easiest for a newbie to do is DCA because it does not require as much skills as trading and mining does.

A newbie can become a trader, but they need to learn the basics first.

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October 03, 2023, 12:30:56 PM
Merited by JayJuanGee (1)
 #18

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.

Where did you read in the forum section here that Bitcoin trading is not for newbies? As far as I know, there are many categories of trading here in the Bitcoin industry, one of which is derivatives, futures, margin, perpetual, and leverage trading. These are really not newbies who don't know anything because it really needs those who know trading.

But in spot trading, you can start even if you don't know anything, as long as you just start with small amounts of capital so that it won't hurt your pocket right away. Also, what others are saying here are just reminders for the newbies in this forum, so that the newbies here are aware somehow. That's not discouraging; that's actually caring.


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October 03, 2023, 12:46:35 PM
 #19

Don't take it as if people are giving bad advice or discouraging someone who's asking to trade Bitcoin. Well, don't ask if they don't want to get some tips on what they should do. Because it is not about the discouragement but the concern that the other members are sharing with the new ones. Yes, many would say that they shouldn't trade because they're still newbies. But, there's also some backup with that if they want to trade, do it only with an amount they afford to lose. These people who give their advice are even giving the shortcut to avoid mistakes that have been experienced before.

Bitcoin is for everyone, and no one should be left behind.
I agree that it's for everyone and we all should go up wherever Bitcoin is taking us but trading isn't for everyone just as what it seems you're pointing out.

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October 03, 2023, 01:15:47 PM
Merited by JayJuanGee (1)
 #20

Indeed it really Worth sanctioning of those who are supposed to be idealed on BTC when such a newbie ask for guidelines on how to start up instead of encouragement the new gets discouraged just as OP has expressed.

For those saying here he/she hasn't come across such thread here you can read on and also how I could stand a leaning wall for the newbie who made a request on starting up a BTC investment even though I am not on the professional guidance @ https://bitcointalk.org/index.php?topic=5467797.msg62938560#msg62938560.

Please let's serve and reserve our endivoirs to assist one another in this forum.
Me must know we rises by lifting others.
A "Go ahead or a "Don't go" can either be of encouragement to fit in where one has possession to success or a discouragement of losing your way destined way.

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October 03, 2023, 01:32:33 PM
Merited by JayJuanGee (1)
 #21

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

Actively day trading is not for people who don’t know what they’re doing. Most experienced short term traders incur large losses at regular intervals. Trading is a bad idea for everybody, no matter how experienced you are. Buying bitcoin regularly & holding long term is the only way to get close to guaranteed profits. Short term timescale trading is gambling.

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October 03, 2023, 01:41:04 PM
Merited by JayJuanGee (1)
 #22

There is nothing to hinder a person if he wants to get into trading. We always give advice on what he can do before entering into a trade because trading doesn't look at whether someone is a beginner or a veteran. If a person is not ready to enter trading, he can suffer losses and even a lot if he does not have self-control.

If you read the input from members here, they always advise beginners to learn about trading with indicators, self-control, choosing coins, whether Bitcoin or altcoins and others. They should postpone their plans to enter trading and increase their learning if they don't know more. Bitcoin is for everyone, investing is for everyone but trading is not for everyone. It requires good knowledge and skills in trading so beginners have to learn more.

Don't rush into trading just because you see your friend can make a profit from trading. You have to learn like them so you can benefit too. To practice what you learn, you can use a demo account.

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October 03, 2023, 01:53:52 PM
 #23

Perhaps you are comprehending their messages wrong. As far as I can tell most of the replies to these newbies are encouraging advice and warnings pertaining to how important it is to have background knowledge of Bitcoin and investment before diving into it. I'm not sure how that is discouraging when these "discouraging" replies you are referring to are most likely just warnings of already experienced members as a caution to those who have yet to know what they are putting themselves in.

Bitcoin and any crypto investment can be risky and will cause a lot of effects on an individual, so having forum members that will honestly tell you even the negative side and possible losses that may happen is better than someone sweet talking you and only showing you the good parts.

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October 03, 2023, 01:55:46 PM
 #24

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.

no one excludes beginners on this forum, everyone gives the best advice for beginners, and that is also given by everyone who is experienced in trading and they understand it, they just don't want beginners to experience negative effects from trading because if Experiencing errors in trading will result in losses incurred and have a negative effect on crypto itself

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October 03, 2023, 02:01:28 PM
 #25

I have noticed something about some people in this forum...
Being observant is good.

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
And some, like me, discourage not only beginners from trading, but everyone they can. Because I think that this is no better than roulette and, in fact, is the same gambling. On the other side of the trading glass sits exactly the same “trader” who dreams of becoming a millionaire. It turns out that all traders “play” against each other and the result when everyone makes a profit is impossible. It's like a zero sum game. Only the casino exchanger wins, taking commissions from each transaction. I think trading is overrated.

I expressed my position on this matter and I know that many will not agree with this. Which point of view any reader of this forum should accept is a purely personal matter. Having alternative points of view is very useful in order to see the full (or close) picture.

Beginners are most likely to lose their deposits. Therefore, they are dissuaded. Think of it as a kind of caring. This will not stop those who want to trade. If you want to try the durability of your wallet your hand in this, then go ahead.

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.
Nice statement.

I'll say more. We all live for the first time and no one has the right to teach others how to do it.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
No, no and one more time no. No advice. If you want to learn trading, study everything yourself. Otherwise, it turns out that can’t dissuade him, but have to train him. Smiley

If a beginner is determined to engage in trading, then let him learn everything on his own and not expect that someone will teach him, inform him about the risks and how to avoid it.

Encouragement doesn't consist of complete mentoring of a newbie, and warnings to stay away from trading are not an attempt to discourage.

The trader's wallet is of concern only to its owner - let him do with it as he pleases. He had already been warned.

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October 03, 2023, 02:13:06 PM
Merited by JayJuanGee (1)
 #26

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
There is no prohibition for beginners to trade - but they are only required to gain better knowledge before trading. You should be prepared for the fact that beginners do not have enough knowledge to trade - so it is normal that they ask you not to trade before you have mastered the knowledge of trading.

You can believe or not care what other people say about your desires - including trading. This means you can trade while learning even though people expect you to learn before trading - in fact only people who take risks are successful in trading. Don't be angry - sometimes you have to take your own path to success regardless of whether other people's advice is constructive or not.

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October 03, 2023, 03:02:24 PM
Last edit: October 03, 2023, 03:24:15 PM by retreat
 #27

I don't think it discourages, it's more like giving advice to newbies not to trade carelessly. Because as you know that most of the newbies trade with the thought that they will be able to get a lambo from it overnight and with the seniors giving the statement that "trading is not for newbies" they hope that these newbies can be aware and learn more and prepare themselves first before jumping into trading directly.

R


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October 03, 2023, 03:04:47 PM
 #28

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

Actively day trading is not for people who don’t know what they’re doing. Most experienced short term traders incur large losses at regular intervals. Trading is a bad idea for everybody, no matter how experienced you are. Buying bitcoin regularly & holding long term is the only way to get close to guaranteed profits. Short term timescale trading is gambling.

I disagree with your perspective. Short term trading can be dangerous but it is not equivalent to gambling. In fact, many people who have heavily invested in interday trading and are earning handsome profits from it. All sorts of investments carries a degree of their own risk. The higher the rewards the higher the risk.

Short term trading is well-suited to volatile market and crypto is perfect for that. It's fluctuating nature gives more opportunity than forex and stocks which seem slow in price movement. It comes with a high risk but if someone can master it, it can give them more profit than long term holding.









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October 03, 2023, 03:11:02 PM
 #29

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

Maybe some people discourage newbies, but most people advise newbies to invest in Bitcoin before they start trading in Bitcoin, and I think investing is easier for newbies than trading. Their purpose may be to protect newbies from harm rather than discouragement, because experienced people can also suffer losses in trade. For this reason, newbies can suffer more losses due to inexperience. However, we should encourage rather than discourage newbies, so that their interest in Bitcoin increases, and our discouragement does not drive them away from Bitcoin.

It is a fact that whenever a person is new in any field, he needs experience and knowledge. which he gets from experienced people, but still he may face losses in the early stage when he enters the field and this is where his real experience begins. No trader's experience is complete until he experiences losses as well as profits. Some may aim to explain trading to newbies so that they don't get lost in ignorance at first.



 

 

 

 

 

 


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October 03, 2023, 03:29:21 PM
 #30

Of course it's not right to discourage anyone about Bitcoin. But trading is different. Because he can lose his wealth in few days without experts and less knowledgeable people. But Bitcoin is a future asset that everyone has the right and need to know about.It is not right to discourage anyone in this regard. I think it is important to inform everyone about Bitcoin. So tell everyone to trade? I would discourage everyone on this.
Because to survive there, a lot of patience and knowledge is essential. Ja Kina is not among everyone. It is better to refrain from trading among those who do not have these.

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October 03, 2023, 03:40:25 PM
 #31

Through the years I spent my time in this community, I never read such words and no one in his right mind will ever say that to someone who politely asks some questions regarding bitcoins. most users will actually answer those questions honestly with their concern especially when they want to prevent them from getting hacked or scammed, by giving them the necessary basic information about bitcoins. making this community the best of all others because when someone wanted to troll and answer differently, they are quickly exposed and the OP most likely ended up satisfied with the answers by the veteran members here.

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October 03, 2023, 03:47:38 PM
 #32

I've noticed that in some posts but most of the members here are trying to encourage newbies when they seek help or more information on how to start their Bitcoin trading journey.

All of us here began with low knowledge initially, and as days went by, we gained experience and learned a lot of things. The same thing will happen to newbies in this forum and we should respect and encourage them rather than discouraging them. The only time a newbie's post receives negative responses is when the information they're asking for or the reviews are readily available on the internet and can be found with a simple search. Nevertheless we should support them and lend a helping hand at the beginning of their journey. Smiley)
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October 03, 2023, 03:50:16 PM
 #33

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
Don't mind my words please, but after searching on Ninjastic, I did not find anyone saying --> Bitcoin trading is not for newbies. But I do realize that, those who must have warned someone to not trade in BTC or must have said that Bitcoin trading is not for newbies. This is because, those newbies, might be doing future trading or margin trading, in which there is a high risk of getting liquidated. And it's not that, every senior here bluntly said such words to discourage a newbie but that expert also shared their experience too.

I try my best to give suggestions and guidance to each and every member. Because during the process, I learned a lot of things myself.

The point is, newbies or legendries, if are given suggestions, warnings, and statements, then don't take them as discouraging ones, instead try to find the good part from it, that would help you. You are not depending on others, if you are so dependent on other words then crypto is not for you. (here I said it my self but there is a whole context to my statement).

I hope you are understanding my point.

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October 03, 2023, 04:06:09 PM
 #34

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

Actively day trading is not for people who don’t know what they’re doing. Most experienced short term traders incur large losses at regular intervals. Trading is a bad idea for everybody, no matter how experienced you are. Buying bitcoin regularly & holding long term is the only way to get close to guaranteed profits. Short term timescale trading is gambling.

This is another thing that newcomers to the bitcointalk forum do not grasp because they mistakenly believed that trading was simple because all you have to do is buy and sell. They are unaware that there are factors to take into account, nevertheless. Describe them. of course, extensive trade experience, as, as others have noted here, you can't just rely on educated estimates.

Where do we now find a foundation? Naturally, by employing tool indicators—there are a lot of them—which each of us need be aware of when to use. However, traders disagree on this point because it is not a simple lesson.




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October 03, 2023, 04:10:26 PM
 #35

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
The forum members will always give you advice based on their experience or knowledge. It is up to the newbie to decide to take or reject the advice. I don't think anybody will stop you from making your own decision. That is why members will always tell you to do your own research before making your decision.

Quote
None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in thrk.
A newbie in the forum might not be a newcomer in the bitcoin space. Some newbies in the forum might already know about bitcoin trading. But when a newbie with no experience wants to engage in trading, there is need for members of the forum to warn him about the risk involved. Bitcoin trading shouldn't be the first stage for a newbie because it is very risky.

Quote
So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give  the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
This is a forum and everyone has the right to give his view based on the questions. It is the responsibility of the original poster to choose the advice or comments he wants to accept or reject.

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October 03, 2023, 04:53:05 PM
Merited by JayJuanGee (1)
 #36

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
I need to address this accusation, sorry that I use the word accusation, I can recall few posts about crypto trading from newbies on this forum and I haven't seen any replies that says newbies should trade, they are warned about how risky trading is and some advice the newbies to buy and hold Bitcoin instead.

If you think that I am wrong, you can drop links to few replies that says that newbies should not trade,  I hope they will listen, because many people started as a trader in crypto space and they end up referring it, the truth is trading isn't for everyone, some people find it doable while to some it seems impossible to get.

One day your trading brings profits and another day you are in loss, I have seen guys that lost almost a million dollars to trading and he picked himself up and start from the scratch again until he become a professional, this journey isn't for everyone and when you see people warning newbies about the dangers of trading, it's a very good advice.

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HUGE
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October 03, 2023, 04:56:35 PM
Merited by JayJuanGee (1)
 #37

OP, It's not about discouraging or encourageing. It's about what's advisable what's the right thing. You can just come up & say I wanna be a trader. You have to have basics of trading. How it works, when one should trade, when one shouldn't, what should be avoided in trading etc. Nobody is discouraging. It's proper that newbies should learn before trading. You are right we have to start with something. Totally agree. But if you check statistics, those who trade without fully understanding the core concept end up loosing everything. So one should be prepared. My piece of advice would be, "Start from small, take a step forward, see how that works". If you are confident enough, then gradually increase the trading. But never ever only rely on trading. As I have seen many times, even a experienced trader sometimes losses. So, always have a plan B. Last but not least "Do your own research, when money is involved".
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October 03, 2023, 05:26:59 PM
 #38

Sometimes those things as a Discouragement over the newbie idea in trading is not Discouragement some of them is an advice give to the newbies but they don't comprehend in such way, when you trade you notice that most of the people bringing up their suggestions knows better than some of the newbies because they have experienced some of the things that will lead someone who is novice in trading and someone who is not acquainted with trading, what I will encourage in this aspect of complain of suggestions rendered by people is to read up and also take corrections in what others suggest.

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October 03, 2023, 05:44:46 PM
Merited by The Sceptical Chymist (3)
 #39

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
I don’t think I’ve seen anyone come out on the forum to say that out wide like, “Bitcoin isn’t for Newbies”.

Of course we all had a time to learn before we could even get the most basic of knowledge about Bitcoin or cryptocurrency as a whole. It’s also worthy of note that being a newbie on the forum doesn’t make someone new to cryptocurrency but, just the forum.

Hence, as a newbie to trading, it’s very much a bad idea to go live with hopes to gradually learn the basics from your failures. You might as well get discouraged by the process as, you could be met with a lot of loses than you can handle.

Other than going live and trade with your money, you ought yo take some time out yo study trading, practice on a demo field, develop a strategy and then you could think of going live based on the success of your demo sessions.

.
SPIN

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October 03, 2023, 06:16:53 PM
Last edit: October 03, 2023, 06:28:17 PM by Ruttoshi
Merited by Symmetrick (10), DaNNy001 (5), DubemIfedigbo001 (3), Halab (2), Hyphen(-) (2), Huppercase (2), vapourminer (1), DdmrDdmr (1)
 #40

OP, you are misunderstanding the whole advice that is given to newbie not to trade. Some newbies thinks that bitcoin trading is a get rich quick scheme and they buy bitcoin because they want to go into trading which is not the right option for a newbie who does not understand the fundamental analysis and technical analysis and can't even read trading charts.

For you to start trading you need to learn a whole lot of it. This is why the forum members will say that it is better to buy bitcoin and hodli as an investment, rather than buying for trading which there is a high possibility that you will run at loss. The forum do advice newbies on the right step to take so that there will be no regrets when you engage yourself in activities that will make your lose your coins, like gambling and trading, because they are speaking from experience. A newbie without any experience wouldn't understand this.

It is better to save someone from great loss than to console him, but if you want to trade you can go ahead because it is your bitcoin but don't regret it when you run at loss. Only learn how to trade or trade with money that you can afford to lose because even professional traders run at loss too.

Bitcoin is for everyone, and no one should be left behind.
Bitcoin is not for everyone and but only for people who believe in bitcoin and can sacrifice their funds to invest, because so many people know about bitcoin and are rich but they don't like to buy bitcoin. This is how trading is not for everyone.

.
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October 03, 2023, 06:29:07 PM
 #41

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”Thanks.
Maybe they are trying to warn them that they cannot handle it financially.  Tongue

Jokes asides, Bitcoin trading is for newbies. Experienced people know it's utter bullshit.

It's like a zero sum game. Only the casino exchanger wins, taking commissions from each transaction. I think trading is overrated.
Just notice who's commercialized it. Exchanges and broker firms. Literally in every YouTube channel of a millionaire-guru-claimed trader, there is a referral link. It's a genius hierarchical-based marketing move, which begins from centralized exchanges, flowing into those who're under the impression they're masters of some shit (AKA, gurus), and it ends up to newbies who have absolutely nothing to do with that.

I don't say that trading is fundamentally a scam. I'm referring solely to retail trading, which not surprisingly came up with the rise of centralized exchanges, as if suddenly laymen knew how to predict the future.

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.HUGE.
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deathcode
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October 03, 2023, 09:02:51 PM
Merited by JayJuanGee (1)
 #42

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
It is true that no one immediately reaches the professional level because all professionals must start from beginner level.
Yes, you are right that Bitcoin trading is not only for those who are experts or only for someone who already has a lot of knowledge, but beginners who are just learning also have the right to try Bitcoin trading to give them some experience.

Supporting and advising every beginner would of course be a good thing to do, but we all know that this forum is a gathering place for various types of personalities, different cultures and habits that each member of the forum has, which of course we cannot control to always be supportive as what we want. Everyone has the right to express their opinions on this forum. My advice especially for all beginners, I recommend that you don't get discouraged easily.
For related problems, if there is someone or several people who try to discourage the enthusiasm and effort we put in, then just think of it as part of our mental training. We don't need to be dizzy and hurt or even just give up.
Having the nature of giving up easily or being easily hurt will not allow us to develop better. We must be able to use this as motivation to prove that we are capable and not like what someone says who discourages our enthusiasm and efforts.









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October 03, 2023, 09:24:05 PM
Merited by JayJuanGee (1)
 #43

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

That is the truth and no one can deny it.  Newbies in the industry often ends up in a loss in trading due to the lack of knowledge and learned experience from other traders.  This is also a reminder to newcomers that they must learn the curve of trading first before indulging themselves to trade.

Quote
None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

True, and no one can refute what you stated but would you rather have the loss to learn or learn first to avoid losses? 

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.

Bitcoin is not only for trading and short term profit, Bitcoin is also for holding and long term investment, aside from it being a currency.  Members here are not discouraging any newbie to engage in Bitcoin investment and trading, they are just reminding the newbie to learn first before rushing into something risky and also giving them another option to profit.
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October 03, 2023, 09:31:27 PM
Merited by JayJuanGee (1)
 #44

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.
Yes, indeed, all professional traders definitely started out as newbies. However, I understand why many members here say that trading is not suitable for newbies. In this case, we can definitely see further comments from them. I see a lot of comments that trading is not suitable for newbies and a newbie should not immediately start trading, because this is very high risk. We say this so that newbies don't immediately believe anyone who says that trading is easy and can provide gains easily and instantly. Because there are many in the midset who think that it's easy. So, let's say the true reality. Why is that? Because we want him to realize that as newbies, they may not easily trade as he imagines. I'm sure, even though we say that trading is not for newbies, because we see that they are really still new and don't have any knowledge. Of course, after saying or commenting like that to create a knowledge base according to reality, of course we or these people will advise them to study first, really understand the knowledge and insight about crypto, trading, and others. So that they at least have a good foundation in terms of knowledge, insight, experience from other people, and also risk and emotional management. This is so that they see the reality and prepare for it. Just maybe the language is different.

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October 03, 2023, 09:46:00 PM
 #45

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
I don’t think I’ve seen anyone come out on the forum to say that out wide like, “Bitcoin isn’t for Newbies”.

Of course we all had a time to learn before we could even get the most basic of knowledge about Bitcoin or cryptocurrency as a whole. It’s also worthy of note that being a newbie on the forum doesn’t make someone new to cryptocurrency but, just the forum.

Hence, as a newbie to trading, it’s very much a bad idea to go live with hopes to gradually learn the basics from your failures. You might as well get discouraged by the process as, you could be met with a lot of loses than you can handle.

Other than going live and trade with your money, you ought yo take some time out yo study trading, practice on a demo field, develop a strategy and then you could think of going live based on the success of your demo sessions.

such warning is not to discourage them but to let them know that there are risks involved in this market. as a newbie, you still have a lot to learn so as not to easily liquidate your position. it would take time before you will have the grasp of learning those strategies that will give you profits. as a noob in this market, you need to start small, so you won't get disappointed in case of losses. practice via demo mode is actually different with actual trading but it will give you the feel of how to trade.

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October 03, 2023, 09:56:05 PM
 #46

Maybe it's not like they are discouraging newbie, but more like they are warning them for them they'll have to not stay as newbie before entering the market. They will be needing some knowledge and skills first because if you're gonna trade, it's not only about the profit, your are also risking your funds that you input to enter the market. It's better to receive such warning with advice before starting, but don't get me wrong, losing is also part of the experience when doing trade.

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October 03, 2023, 09:56:39 PM
 #47

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.

I thnk that trading in general is gambling, and ceyptotrading is not an exception, professional trader is in general a risky person, so, I think, the best strategy is long-term hodling... I thnk that this type of investment is great (I'd rather not call it an investment - it's jut like buying something valuable)... As for crypto trading, there are 2 problems:
- really low chance to get a good profit out of short-term deals, especially if the amounts of money are not so large
- all the trading platforms hold your money, so all the assets held there don't belong to the trader: they are held on the accounts of the trading platform. This makes trader's assets vulnerable to the actions taken by staff of the platform.

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October 03, 2023, 10:43:03 PM
 #48

Why are we here then if we are not to help, educate, and inform the newbies of the things they ought to do, and the things they are not to do when it comes to crypto? I think we are all here to help and to spread the knowledge of crypto to one another.

It will be an unwise step for us to keep calm just because we want to sound like good forum members to the newbies whereby we know what's involved in trading in bitcoin when one has no proper skills or knowledge about it. That's a big mistake because the newbie would lose money more than he bargained for.

I don't know how you see it, but I think it will be far better for us to be direct to newbies than to allow them to lose money in trading.

It has been a good idea to inform the newbies beforehand so that they can know the risks involved in trading before they start to lay blame on anyone for encouraging them to trade. If it happens that newbies lose hugely in trading, it will turn out that btt forum members encourage newbies to trade on bitcoin when they are aware that newbies are less knowledgeable about trading.

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October 03, 2023, 10:46:03 PM
Merited by JayJuanGee (1)
 #49

I thnk that trading in general is gambling, and ceyptotrading is not an exception, professional trader is in general a risky person, so, I think, the best strategy is long-term hodling... I thnk that this type of investment is great (I'd rather not call it an investment - it's jut like buying something valuable)... As for crypto trading, there are 2 problems:
- really low chance to get a good profit out of short-term deals, especially if the amounts of money are not so large
- all the trading platforms hold your money, so all the assets held there don't belong to the trader: they are held on the accounts of the trading platform. This makes trader's assets vulnerable to the actions taken by staff of the platform.

There is a fine line that separates trading from gambling and that is risk management.  I believe it is wrong to think that trading is gambling or else gambling and trading would have been under the same industry but it is not.

Quoting a statement from an article to give more difference between trading and gambling
Quote
The main difference between day trading and gambling is that gamblers play available odds while traders strategize based on market trends, price movements, and past performances. Traders often use sophisticated analytical tools and real-time market updates to decide which stocks to buy or sell and how much to spend.
source: https://www.gatewayfoundation.org/addiction-blog/day-trading-gambling



@OP I think there is no wrong in saying that trading is not for newbies since newbies often make mistakes that is given in this article: https://www.investopedia.com/articles/active-trading/013015/worst-mistakes-beginner-traders-make.asp.  Since trading isn't just a buy and sell thing, trader needs to learn a lot of factors that affect the movement of the market, and newbie as the name stated possibly is not aware of these things.

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October 03, 2023, 10:58:32 PM
 #50

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
Probably users that say such are looking out  for anybody that would want to trade for the first time and instead of jumping into the deep end of the pool, the are saying try the baby pool to accumulate some confidence and experience...then go ahead and trade with the big sharks Smiley

Besides they say experience is the best teacher and if someone learnt the hardway and trying to guide others onto the right track of learning risk management, managing emotions etcetera would we say this is bad advice?? Definitely not!!!

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.
Totally true, but trading shouldn't have the same story of I lost money before I knew how to trade...let's change the narrative by learning the skill then attack the markets to make some money!

Bitcoin is for everyone, and no one should be left behind.
Thanks.
Indeed it's for everyone but how you choose to get the Bitcoin would tell if you can survive the markets.

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October 03, 2023, 11:13:20 PM
Merited by JayJuanGee (1)
 #51

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
Can you attach an example that discourages people from being in bitcoin on this forum?
I think in this case we have to be able to distinguish which one is discouraging which one is giving advice because in the end we also know that most of what is discussed here especially when beginners want to try trading is advice where not to try something that is even greater risk.
Try to be more realistic because in the end investing in bitcoin is better than trading. But in this case the way it is conveyed sometimes there are those who use words that are a little harsh but I think that is actually good because in the end the concept of medicine applies here and we need to know medicine will not always be sweet and more bitter but besides that the function of medicine is to heal as well as some of the words of people on the forum when suggesting investment rather than trading.
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October 03, 2023, 11:25:39 PM
Merited by fillippone (1)
 #52

 
I don't think anybody is discouraging anyone in the forum based on my observations, but I don't really know the way you are viewing others opinions in this forum that makes you conclude that they are discouraging newbies from participating in trading. What I know about this forum that is always attracting me to be there all the time and found it unique as a place of learning about Bitcoin and cryptocurrency is that it is a place of interaction where you will get different opinions based on others understanding, so nobody is telling anyone to follow their opinions, but are  just showing the direction so you can find it easy to do your own research. So, mate, no one is discouraging anyone here, but they are trying to build a guideline for other members through opinions.

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October 03, 2023, 11:38:05 PM
 #53

I have noticed something about some people in this forum....
Well, up till now I have not heard any case like this in the other forum members trying to discourage the newbies or the beginners from not involved in trading as it is not for the newbie Grin. Well, all go from the same rank and we know how when a newbie comes to this forum he is involved in the wrong this and hacked or loses their funds because of the greedy nature he follows in the trading. This is how the forum shows performance when someone places questions the other members try their best to give a good and understanding answer. If a newbie comes to this forum and starts asking about trading it shows he is manipulated and the forum members trying to make him save from losing his funds. The only purpose of the forum members is to make it clear that at this stage you just need to learn about trading not ask questions like which coin is best for investment etc, the first thing you should know is to gain the basics of trading and then ask how or which one is best for trading.
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October 03, 2023, 11:42:40 PM
 #54

Can you point out those posts? I think what the members are trying to do is to prevent further losses that can occur to the newbie and that event, where you are losing money due to trading, is the part where it might discourage a newbie from continuing.

It's just prevention and a lot of people have their views on trading because they experienced that. It's not all about just "growing" it's better to address the possible pain points in the future to prevent it.

If the newbie still wants to, he/she should proceed with caution upon reading the sentiments of the members here.

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October 03, 2023, 11:52:51 PM
 #55

It's the first step. "It's not for newbies." I think that sentence is used with different meanings and one of them is that the newbie will try to learn trading first before he goes to war. I don't think they are discouraging them, more like trying to prevent them from losing money by jumping in the middle of a warzone.
Of course, we all come from being a newbie but it's also nice that there are those veterans who give warnings to newcomers so that they won't experience the same way they did. I wouldn't be too sensitive about those kinds of words if I were you but instead use what they share as a weapon especially if we are innocent of something. They've been through it, so most forum members just share what happened to them and I think that's a good thing.

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October 04, 2023, 01:17:52 AM
 #56

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.
(....)
I believe it is just a normal piece of advice from the one who already experienced it, it's not really discouraging, it's up to you how you will accept that advice.
Sometimes this kind of advice will help you stronger and cautious because we all know trading is not a joke, it involves hard-earned money, so you need to protect it.
But since you have a goal, take those advice positively and continue with your goal to become  Bitcoin trader.

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October 04, 2023, 01:29:55 AM
 #57

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
Bitcoin trading is not the same as bitcoin investment or simply an interest in bitcoin, I have never seen anyone on the forum discouraging newbies to become part of this market or learn more of it, however discouraging newbies to trade is something I have seen other members doing, something I have done myself and that I will keep doing it.

The number of newbies that can trade the markets and be successful is incredibly low, and even more importantly those which know how to do that do not need to come to the forum and ask questions that could be solved by a one minute search online or by reading the first pages of a trading book, so those newbies are not ready and it would be a mistake to not give them the best advice possible, which is to not trade for now and learn more about trading before they commit any money to the activity.

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October 04, 2023, 02:49:55 AM
Merited by JayJuanGee (1)
 #58


Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”


I'd love to see a reference on this one, because it is most probably those are the troll accounts who does nothing but to try and discourage everyone, some are even anti-bitcoin. I'd like to give you an advice regarding your issue. Since this forum is open for everyone, you will have to expect positive and negative comments. Now, you might not want to dwell with the negative comments when you can see a lot of a positive and encouraging ones. If you see comments like that, why don't you just skip that one and focus on the others that make sense instead.
Don't get your emotions too attached with the comments around here, toughen up, you'll need that when you are trading.

R


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October 04, 2023, 03:03:55 AM
 #59

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
You are making a big mistake here: mixing bitcoin and trading. If someone asks me about bitcoin I am more than happy to explain why I think it's a great thing; on the other hand if someone asks me about bitcoin trading than of course I would suggest to stay away because the probability to lose money is extremely high. As you say, bitcoin is for everyone, but you should also say that trading isn't.

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October 04, 2023, 03:12:43 AM
 #60

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
Can you quote the post that says so to strengthen your argument.

They do not want to discourage beginners from investing in Bitcoin, but instead direct beginners to provide knowledge about investing in Bitcoin, which is like a double-edged sword. Beginners need a process in investing, the aim is to minimize the risk of loss. The seniors on the forum really support anyone who wants to invest in Bitcoin, they also always direct beginners to the best path so they don't get caught in the risk of loss.

All reliable investors started as beginners, nothing happens instantly without going through a long process. What I often encounter on the Bitcointalk forum is reminding fellow members, not discouraging each other from beginners who want to start investing in Bitcoin.

R


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October 04, 2023, 03:34:45 AM
 #61

Quote from: Emmanuelex
Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie? 

Never allow anybody to discourage you when you know you are doing the right thing in the community, but if they are trying to correct you in some certain things that will make you to lose your coins in trading, don't be angry with them because is for your own good. Don't think that everybody will give you positive answer in the forum, because some users will give you negative answer to see if you can prove yourself as a newbies to improve higher in the community but many newbies has failed in that aspect by saying they don't encourage he or she in the Bitcointalk forum. I will advise you to read more books about Bitcoin and other cryptocurrencies so that it will be easy for you to acquire the knowledge of trading in the market.

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October 04, 2023, 04:36:34 AM
 #62

personally, I've never seen anyone actually ban using bitcoin on this forum. It's just me, I see a lot of people giving advice based on their own experience, and I think it's not to discourage them, but to give them full awareness before they actually use bitcoin.
Many people outside of me encourage using bitcoin, but when those people experience the risks, those people will sometimes blame other people for pushing them into the world of bitcoin, or they will end up saying that bitcoin is a scam.
Apart from that, we also need to make them aware of the risks in this matter, because many are encouraged to join because they see the benefits that other people can easily gain. Apart from that, there are many people who try to take advantage of newbies. So, that's why each point explained is important. that's not to make them discouraged, but to mature their decision in joining the crypto world.

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October 04, 2023, 04:55:17 AM
Merited by JayJuanGee (1)
 #63

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.

That's not try to discourage newbies, but it's sincere advice from experienced people. No one stops newbies if they want to start trading but trading will be very risky if you don't have the knowledge. Everyone just wants to give advice: take the time to learn and improve your knowledge before starting to trade, no one advises you to stay away from trading forever.

If you think that advice is trying to discourage you, ignore it and do what you think is right. Then you will know whether people's advice is good for you or whether they hate you.


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October 04, 2023, 04:58:20 AM
 #64

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.

First of all ,  the forums here you can see,  everyone has a right to give his own ideas,  and if a person gives somone an idea or tell him about something,  it doesn't mean he 100% have to do it. And another thing about the forum is you can also give someone an idea about bitcoin ,  or any nother thing he asks you. If someone is only giving you good talks about the bitcoin,   how could you know the bad effect or the bad sight of its trading,  and everything has some good sight with having bad too.

As you mentioned that people telling you bitcoin is not for newbies,  they didn't even mean that newbies can't trade,  they means that you should learn something about the tradin,  because better late than never,  so you will be took care of loss from the very start. And your trading will be smooth.

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October 04, 2023, 08:06:00 AM
 #65

Bitcoin trading is not for beginners, at least for people who don't know much about market analysis so they can enter the market on time.
Most people follow the signals they get from trading groups on Telegram or WhatsApp so they don't learn anything and just hope to profit from those signals.
And that's what we don't recommend because by relying on signals from other people, they don't learn anything and won't be able to make a profit.
But if they want to learn about trading including analysis and others, we will suggest what they need to learn and not hinder it, as you said.
We don't want them to trade because they get signals. After all, that doesn't educate someone to be able to develop and have the ability to analyze market conditions.
In this forum, they can ask for advice on what they need to learn to trade and I'm sure other friends will provide advice based on their experience so that beginners can learn well one by one.

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October 04, 2023, 09:54:20 AM
 #66

I think you're taking it out of context. Nobody just outrightly tells people that "Bitcoin is not for newbies". Instead, they tell them that it takes a lot of skills and they have to learn.
As a newbie, just getting into Bitcoin and starting trading without any knowledge of trading is like nose-diving from a high heel. It would certainly end badly.

So what they are trying to say is that as a newbie you should learn first before trading. It's not just for newbies but everybody. Before you go into anything at all try and learn first.

R


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October 04, 2023, 10:16:19 AM
Merited by JayJuanGee (1)
 #67

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

From you explaining people aren't discouraging people from Bitcoin but from trading, those are two different things. People are discouraging because trading is a risky business and when you're not successful at it, it'll make your interest in Bitcoin keep on depreciating because you're not getting success in what you initially pick interest in which is trading. But when you pick interest in investing, you won't be discourage to make you want to leave the market and that's why I see people giving encouragement on. They discourage trading but encourage Bitcoin investment. They aren't lying when they say Bitcoin trading isn't for newbie because when you enter the market inexperienced and unprepared, you'll not get the results you envisioned. It's better you have gained some experience before you start trading or better still just keep investing in Bitcoin.

Quote
So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

The encouragement should be about investing in Bitcoin not trading, trading can be profitable but not as much as holding because when you consider other side effects of trading especially when the trader isn't matured in the market, it's better they HODL then trade. Trading can give you the mindset of quick money which isn't something you should be having if you want to make big profits from Bitcoin. Bitcoin is more profitable when you hold as those who were here before you will tell you, that's why they always advice the newbies to accumulate Bitcoin instead of trading for short term gains. The community grows better when we have a Hodling mentality and not when everyone wants to trade Bitcoin to make quick money, it'll actually make the market more unstable.

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October 04, 2023, 10:34:16 AM
 #68

From you explaining people aren't discouraging people from Bitcoin but from trading, those are two different things. People are discouraging because trading is a risky business and when you're not successful at it, it'll make your interest in Bitcoin keep on depreciating because you're not getting success in what you initially pick interest in which is trading. But when you pick interest in investing, you won't be discourage to make you want to leave the market and that's why I see people giving encouragement on. They discourage trading but encourage Bitcoin investment. They aren't lying when they say Bitcoin trading isn't for newbie because when you enter the market inexperienced and unprepared, you'll not get the results you envisioned. It's better you have gained some experience before you start trading or better still just keep investing in Bitcoin.
People try to combine holding Bitcoin and trading, because investing alone will not provide the necessary funds for subsistence, this will be the case if trading is perceived as a source of income. I mean that this is possible when a person has already studied trading well and he sees that over a long period he can make money from it. In this case, you can try to support yourself by trading, and the main portfolio will be on hold and wait for its time. In this case, we are not talking about a beginner who is just learning trading and wants to quit his job to try to make trading his main source of income, because this is almost impossible to achieve in the very beginning.

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October 04, 2023, 10:53:32 AM
 #69

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
OP you said it very nicely. In fact, it's not that experienced people give bad advice or scare newbies.  When it comes to real bitcoin trading what experienced people tell newbies is right but in some cases newbies get it wrong. Experienced people know that Bitcoin trading is not easy but beginners find it easy. Experienced people know that there are many strategies in trading platform, a newbie doesn't know all these strategies in the initial stage. All these experiences have to be gained by spending long hours on the trading platform. But what Op said here should not be discarded, in some cases it is seen that newbies like us are always scared a little. They don't want to teach newbies like us. Here I am not blaming the experienced people what they do is always for our good. But I humbly request experienced people to teach us something good so that we can acknowledge their benefits throughout our lives.

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October 04, 2023, 10:59:10 AM
 #70

I think you're taking it out of context. Nobody just outrightly tells people that "Bitcoin is not for newbies". Instead, they tell them that it takes a lot of skills and they have to learn.
As a newbie, just getting into Bitcoin and starting trading without any knowledge of trading is like nose-diving from a high heel. It would certainly end badly.
Yes, it's likely that he's taken out of context about the warnings that's been said to the newbies. The actuality of trading isn't really for the new ones without experience but no one stops the beginners to test on their own and gain experience from it. While the results aren't really favorable for them, it's given as a tip that they should be prepared for any potential loss which is typical for the new ones. It is a common ground for trading and newbies that they're likely to lose with their very first trades.

So what they are trying to say is that as a newbie you should learn first before trading. It's not just for newbies but everybody. Before you go into anything at all try and learn first.
Exactly, it's just taken oppositely and misunderstood with what he read for those tips that seem to be discouraging the newbies but it's not all about letting them stop wholly because whether someone stops you or not. This is a free market and everyone can enter freely whether it's for trading or holding. You choose what's easy and hard for you.

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October 04, 2023, 11:32:31 AM
 #71

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
This is a public forum and you shouldn't expect everyone to share the same view with you or give you a positive support whenever you ask for advice. Also, I think some of the discouragement from established members was done with good intentions. Most newbies have not suffered loss of any kind, they are often times driven crazy by the idea of making quick money. Just as some of them ends up investing on pump and dump projects without proper knowledge and research, some also are lured into trading without knowing the fundamentals of trading.

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October 04, 2023, 12:50:27 PM
Merited by JayJuanGee (1)
 #72

Quote
Stop discouraging people from Bitcoin...

You just have to ask yourself if it is a bad option to "discourage" someone from making some reckless move, or if we should act like some kind of promoters of Bitcoin, regardless of the fact that in this way we can create not only financial but also various other problems for someone?

People who can't define what Bitcoin is, who can't safely create safe storage or a digital wallet by themselves and people who think that they will get rich overnight with $100 invested should definitely be "discouraged" not to invest in Bitcoin.

An acquaintance of mine asked me a few years ago if it makes sense to invest in Bitcoin, and I answered that it does make sense, but only for people who have an eye for details and the world around them.

Namely, the man (as far as I know) suffered the robbery of his car twice and both times he paid the fine because it was found that he left the car unlocked - otherwise he behaves very irresponsibly in life and I can only imagine how his investment in BTC would end up. The fact that I "discouraged" him is not a bad thing, I did him a great favor.

It's the same here on the forum where there are a lot of confused people, and they shouldn't be encouraged to invest in something so risky and volatile until they learn some things and become responsible people.

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October 04, 2023, 01:36:15 PM
Merited by JayJuanGee (1)
 #73


So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
Well, as long as they will listen, then they will be going on the right path. Unfortunately, most of them move in a different direction and commit mistakes and I think, giving them the right advice doesn't work with them. Maybe I was wrong but the reason why most newbies fail to invest in Bitcoin is because they don't have trust and lack of confidence. Often they commit mistakes because they are not sure about their doings. I'm not is a piece of discouraging but a sort of giving them a warning and helping them avoid it as it is very important that they know the consequences of investing in Bitcoin.

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October 04, 2023, 01:50:56 PM
 #74


So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.


Bitcoin adoption for newcomers as a cryptocurrency or savings is different compared to bitcoin trading for newbies which has an elevated stake in losing their money. That's why experienced people who had been defeated in trading are trying to warn layman not to repeat the same missteps
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October 04, 2023, 02:08:21 PM
 #75

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
I don't think this forum discourages newbies to trade bitcoin. It is definitely good for us if the elder brothers who are in this forum answer anything positively. In order to trade bitcoins, he must acquire knowledge about bitcoins, otherwise he cannot trade bitcoins. There are many newbies who trade in bitcoins to make money and they are in too much of a hurry due to which they face losses in bitcoins. Newbies who want to trade bitcoin should spend some time and be successful in bitcoin trading with patience.

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October 04, 2023, 02:13:07 PM
Merited by JayJuanGee (1)
 #76

Well, as long as they will listen, then they will be going on the right path. Unfortunately, most of them move in a different direction and commit mistakes and I think, giving them the right advice doesn't work with them. Maybe I was wrong but the reason why most newbies fail to invest in Bitcoin is because they don't have trust and lack of confidence. Often they commit mistakes because they are not sure about their doings. I'm not is a piece of discouraging but a sort of giving them a warning and helping them avoid it as it is very important that they know the consequences of investing in Bitcoin.

 Just like every other businesses or investments there’s what we call profit and loss. Business is about profit and loss. We learn and grow from our losses same way we try to be better in our profits, investing in  bitcoin is no exception. Even the gurus of the bitcoin community experience losses too cause  no one is bigger than losing. Just like the OP has said everyone should be given the chance to explore their options and idea in the bitcoin community. Thank God for the internet and YouTube one can acquire so much information and knowledge about bitcoin with just doing their research, we also have classes you can sign up for to better your knowledge in the community.
 Before investing into any business or project, one needs to consider the risk associated with investing in such business, same thing applies to investing in bitcoin they are risk to be taken while in the bitcoin community. That is why it is proper to be enlighten to know how you can manage your risk tolerance. With constant learning and practice a newbie can turn into a professional. Bitcoin learning is open and accessible for anyone who is interested. Due to the popular demand of Bitcoin in the society, it is an life changing opportunity if you know what you’re doing.
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October 04, 2023, 02:21:29 PM
 #77

I don't know why some people discourage newcomers from trading, not just Bitcoin but other financial assets as well.

Instead, they should offer education (although they might not know how to trade themselves). Newcomers can learn about financial assets and what drives them. Understanding psychology (especially mindset) is crucial. After that, they can practice on a demo account to find the best strategy that suits their style. Keeping a trade journal is essential. Once they've established an edge, they can try their hand in the live market.

Trading is a business.
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October 04, 2023, 02:49:49 PM
 #78

People here have already pointed out that there's a significant difference between Bitcoin and trading with Bitcoin. Trading is an involved process and requires some skills and understanding of the market, as well as of the risks because trading can easily go wrong. Bitcoin is a currency which can be used in different ways. Simply buying Bitcoin and holding onto it is much easier than trading it, and using Bitcoin for payments is also an activity that involves much less risk than trading.
So it's not about discouraging people from using Bitcoin, I think it's a precaution meant to help people avoid losing their funds because of being unaware of what they're doing.

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October 04, 2023, 02:53:35 PM
 #79

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
In fact, they don't mean to discourage beginners when they come to this forum, but by saying things like that they are trying to make beginners aware that investing in Cryptocurrency is very risky so when starting out you need basic knowledge and understanding of Bitcoin in order to minimize the risk of loss, seniors in this forum do not want the regrets they previously felt to be experienced again by beginners who want to start investing with bitcoin, especially now that many beginners misunderstand the truth about bitcoin investment.

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October 04, 2023, 03:08:57 PM
 #80

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.

Well, those people are not wrong, Bitcoin Trading is not for a newbie trader. I mean someone is still learning about the basic of trading like chart, signal, .etc, I wouldn't advice them to trade on Bitcoin, because the market volatility and uncertainty is fairly higher than other trading like Stock, or even Forex. It's like, you should learn to walk before you can run, in Bitcoin & Crypto losing your portfolio value up to 5%-10% in just a  single day is not a rare case.

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October 04, 2023, 03:15:23 PM
 #81

I am also a newbie, as a newbie if anyone here in this forum is discouraging you concerning trading maybe the person knows what he's saying, there is a saying that says experience is the best teacher, maybe the person is talking from experience. And there is a difference between correcting someone and discouraging someone, maybe you're confuse about this two words.
I believe everyone on this forum learns everyday, we are all here to learn, share our opinion or idea towards something.
I got an advice from someone here saying as a newbie read more often than making comments

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October 04, 2023, 03:29:56 PM
 #82

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.

Sure Bitcoin is for everyone that's for sure, it doesnt really matter what kind of people or nationality you are you can buy Bitcoin. But at the same time, I kind of understand why members here say that bitcoin trading is not really just something that you could easily start because Bitcoin is probably the riskiest investment that you could make if you compared it to other investments like the stock market, real estate, etc.

So members are just giving some advice to newbies here in the forum, because even though Bitcoin is for everyone you could easily lose money here in cryptocurrency, so I guess it's easy to say that you are going to invest but when you are already investing that is the hard part because most of the time beginners are easily get afraid in the market especially when the market is going down this newbies doesnt have the foundation yet on holding their investment, also if you doesnt have other sources of income you might just end up selling you cryptocurrency if something came up like an emergency because your just depending on cryptocurrency profit, personally that is what happened to me, so when I realize it, I really do my best to have multiple sources of income and it becomes really easy to hold because you have enough and you could just forget about your cryptocurrency when though its pumping or dumping.



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October 04, 2023, 06:13:36 PM
 #83

If we don't take the risk then we will always remain newbies and its obvious that expert must spend the stage of newbies and then they become expert. Those who discourage others are those people who don't get anything from crypto trading and investment and now they are spreading wrong information because if they miss the chance of success so they also cannot see others to be successful.

Newbies should also hear from different people as if they get advice from only a single person then he will talk according to his experience but sometimes experience can be change from person to person. It is not bad to hear the words of others but I will suggest that listen to others after that make research about it through videos and articles so you will easily take the better decisions and better advice from it.
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October 04, 2023, 06:28:21 PM
 #84

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
do forum members actually say that, I might have missed it. what I usually see when newbies ask for advice when they want to start trading are forum members telling the newbie to do their own research first, learn what the risks are, only invest what they can afford to lose, etc... before investing anything, which is very understandable as trading is risky and doing it without any prior knowledge can be devastating for the person who wants to do trading.

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October 04, 2023, 06:55:32 PM
 #85

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
Who said that trading isnt really for noobs? It would really be just that normal that the community would really be saying about trading isnt something that a newbie could easily handle but doesnt mean that they are

really that making someone do stop on doing so.  We know that there are different types of trading on which it could be classified in between spot and futures which people would really be recommending on trying out to avoid futures trading as much as possible specially when you are a noob because it is really a type of trading on which it could really be that in similar with gambling because on the time that you had decided on
making those kind of trades then you are really that susceptible to huge losses because experience and skills wont really be that enough on handling yourself on such condition.

If you do pursue out on this type of career then it would really be taking so much time and effort for you to have a good grasps within this market and this cant really be attained in a short time period.
This is why its really that important to have that realistic goals and targets but at the same time you arent really that making yourself that in a rush or too desperate on achieving it.
Everything does takes right time at the right moment.

R


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October 04, 2023, 07:14:21 PM
 #86

As a newbie, just getting into Bitcoin and starting trading without any knowledge of trading is like nose-diving from a high heel. It would certainly end badly.
Yes, exactly. If someone is uneducated in all the sciences and arts that are necessary for trading Bitcoin or investing in Bitcoin, then it is very difficult for him to fight in the field of cryptocurrency with this knowledge. There is no such thing that you do not know, and it is easy to follow. It is not impossible that you do not know anything, and you will be able to earn profit in the future. And more than that, the market system of Bitcoin is different compared to the investment business, in which if there is no knowledge, whether it is in terms of Bitcoin investment or trading, then it is impossible to walk in it. Because the cryptocurrency market is based on a volitional nature, if you don't understand it well, you will have to face losses instead of profits.

Quote from: Emmanuelex
Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie? 
Sorry, sir, so far I have not seen anyone discouraging newbies not to trade in Bitcoin, but rather explaining to these newbies that this step is necessary for Bitcoin investment or not to ignore this technical point for trading. So it means that they explain to newbies and share their experience to explain to them and give them advice on how to get lessons. So, in my opinion, if a newbie considers this advice and the behaviour of the explainers as discouragement, then no one else can be more foolish than that.

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October 04, 2023, 07:20:32 PM
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 #87

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
Here's the thing. I have never discouraged anyone from whatever they are trying to do. Even if you fail at something, you gain experience from it. So my advice is always to try to do it but don't do it in a way that could have a bad effect on your life. So I can see why people may discourage newbies from Bitcoin trading. In Bitcoin learning or Bitcoin trading, whatever you call it, it is advised to tell them every bit of information. Whether it is good or bad.

So people saying trading is not for newbies could mean something else. It depends on how you take the words. Imagine me encouraging someone to trade. Most of the newbie traders come to this platform to make money. They think that it is a quick money scheme. They can just earn by making trades. It is all profit from here on out. But that's not the case.
Now if they go on and make a loss and not just any loss, they lose everything. Who would they blame? Of course me! Do I want that? Hell nah man. So if you change your perspective, you can see how this goes.
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October 04, 2023, 07:40:52 PM
 #88

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
Here's the thing. I have never discouraged anyone from whatever they are trying to do. Even if you fail at something, you gain experience from it. So my advice is always to try to do it but don't do it in a way that could have a bad effect on your life. So I can see why people may discourage newbies from Bitcoin trading. In Bitcoin learning or Bitcoin trading, whatever you call it, it is advised to tell them every bit of information. Whether it is good or bad.

So people saying trading is not for newbies could mean something else. It depends on how you take the words. Imagine me encouraging someone to trade. Most of the newbie traders come to this platform to make money. They think that it is a quick money scheme. They can just earn by making trades. It is all profit from here on out. But that's not the case.
Now if they go on and make a loss and not just any loss, they lose everything. Who would they blame? Of course me! Do I want that? Hell nah man. So if you change your perspective, you can see how this goes.
Exactly! Just because forum members are telling new members about the possible positive and negative outcomes for Bitcoin, it doesn't necessarily mean they are already discouraging that person, instead they are even being good members by looking out for newbies and sharing what they know. I don't see how OP thought of it as a discouraging thing.

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October 04, 2023, 07:57:11 PM
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 #89

I don’t think anyone is stopping any newbies from buying bitcoin, the only thing that they are doing is given them a good advise that can protect them from making the biggest mistake of their life which they might end up putting the blame on bitcoin rather than putting it on their self.

because when a newbie buys bitcoin today and they happen to get involve in trading in other to increase that their capital if they end up losing it, the next thing that you will hear from most of them is that, they lose all their money because of bitcoin, some might even go up to the extent of calling bitcoin a scam coin that made them lose money.

It’s just a honorable advice which it’s left for the newbie to either take or they can do what they have in mind to do, if a newbie want to go into trading I will advice they learn how to master the market first in other for them to reduce their risk of losing everything small, if they have been able to learn a little trading skill then their is no point in stopping them from taking the risk.

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October 04, 2023, 08:15:13 PM
 #90

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
Actually as a newbie and you feel you have the knowledge about trading its better you just go off and start the trading because asking of advice makes it seem you actually don't know what to do and I actually believe experience is the best teacher so you having your own experience in Bitcoin trading will actually be the best knowledge you would ever get.

I remember when I wanted to start up trading exercise in Bitcoin i was actually advice to have enough knowledge before I started up but I decided to slide the advice and actually went to practice by myself and believe me the experience i had was the one that got me wishing that I actually never actually started without getting prepared.

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October 04, 2023, 10:08:23 PM
 #91

Whoever is caught trying to discourage people from their involvement in bitcoin and crypto entirely, should be considered and enemy of the state.

How on earth should someone who's supposed to be advocating for the change in the centralised financial system be the same person discouraging people from bitcoin purchase, how is the space suppose to grow and gain relevance.

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October 04, 2023, 11:31:36 PM
 #92

I've never seen users discouraging trading is for newbies. Whenever there arises question on newbies involvement into trading, most of the suggestions will be on the risks associated with it. Newbies just get into trading without knowledge and end up losing. Understanding and getting into trading activities will ease them make good profit out of the fluctuation happening with time.

Apart from this, there'll be suggestion to start from smaller amount. This means the risk will be low and it gives the better experience than just learning from someone's experience. Investing little by little will keep things better than just going for big risk.

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October 04, 2023, 11:37:03 PM
 #93

Thing is, it's better to snuff a cinder than let it grow until it burns the whole house.

Sure some of these newbies could be good and could actually make a living off of bitcoin trading/investment, but on that note, how many of these newbies will paperhand on their investments at the first sign of dumping, and would ultimately cause a cascade of newbies selling all their investment in a snap of a finger? It happened in the past, it could very well happen today. While I don't personally side with people who gatekeep bitcoin and are keeping newbies out of the industry for any other reason, I see the logic in some of them being scared of these newbies selling their holdings cause bitcoin wasn't how they thought it would be. Education can only go so far, what other ways do you have in mind to fend off paperhands in this industry?
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October 05, 2023, 04:00:55 AM
 #94

Whoever is caught trying to discourage people from their involvement in bitcoin and crypto entirely, should be considered and enemy of the state.

How on earth should someone who's supposed to be advocating for the change in the centralised financial system be the same person discouraging people from bitcoin purchase, how is the space suppose to grow and gain relevance.

No one is stopping newbies from entering the market, what everyone is trying to tell newbies is to start with the basics instead of rushing to make money. Do you see how anyone can make money and become rich if they have no knowledge? Especially with trading, if you participate in trading without knowledge, it is like gambling.

Knowledge is what newbies need, don't rush into making money with an empty mind. If you think you can make money without knowledge, you are just participating in the market just to be bait for sharks to enjoy.

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October 05, 2023, 04:36:04 AM
 #95

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
You  have only missed those point meaning mate , because what they wanted to impose to those advise is Never invest as newbie instead learn about bitcoin first before putting your money inside.

We have seen those newbies that had been lured here telling that they can become millionaire overnight and thats why they felt being failure once did not got what they are looking.

though there are some that wrongly advising them and that is different case.

Quote
None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.
correct none of us born as professional but we are born to learn and understand and that is what we should look to be important here.

Quote
So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
Never that I discouraged them to invest in bitcoin , but I discouraged them to invest automatically .

Instead I keep telling them to read more first here specially in Bitcointalk in where there are so much knowledge from experts in this market.

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October 05, 2023, 04:40:11 AM
 #96

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.
I have noticed that whenever a new person wants to learn about Bitcoin, everyone is supportive. You might not have noticed that when a new user makes a post to learn about Bitcoin, everyone there is giving him advice. He is then given good advice by everyone, never given bad advice by anyone, or didn't discouraged from investing in Bitcoin. In my opinion no one has ever been told that trading is not for beginners, rather it is said that trading is not for everyone, those who have no money can never trade. So you might have shared a completely wrong decision here, we know everyone was a beginner one day and he became a professional trader because he learned.  
Moreover, when a newbie is interested in Bitcoin trading, everyone gives him good advice, and advises them to understand the market first before investing in Bitcoin. Also you should know that if you don't have money you will never be able to trade and buy bitcoins. And what is said Bitcoin is not for everyone Bitcoin is not for everyone as it is mainly for people who don't know about Bitcoin, in fact those who have little money never invest in Bitcoin.

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October 05, 2023, 04:45:09 AM
 #97

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Bitcoin is for everyone, and no one should be left behind.
Thanks.

Personally, I do not see any disadvantages of trading biteoin for a beginner, but even pros. The fact is that bitcoin is a proven cryptocurrency that will eventually rise in price, no matter how much you buy it. And it's better for beginners to buy bitcoin than some shitcoins, which will then turn out to be a scam. And the Buy Bitcoin and Hold strategy has always been good for all participants of the cryptocurrency market.

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October 05, 2023, 05:42:29 AM
 #98

There are many reasons for this :

1. Some people are just trolling.
2. A lot of people are just negative and selfish human beings.
3. Some people are "greedy" and they do not want other people buying their coins.
4. A lot of people are paid shills, so they get paid to sabotage Bitcoin.
5. Most supporters of other coins, do not want Bitcoin to flourish, because they want people to trade their shitcoin. (competitor)

In the end, no matter what the reason are for this.... nobody can tell you what to do with your life... just make your own decisions and stick with that.  Wink

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October 05, 2023, 05:58:58 AM
Merited by JayJuanGee (1)
 #99

There are many reasons for this :

1. Some people are just trolling.
2. A lot of people are just negative and selfish human beings.
3. Some people are "greedy" and they do not want other people buying their coins.
4. A lot of people are paid shills, so they get paid to sabotage Bitcoin.
5. Most supporters of other coins, do not want Bitcoin to flourish, because they want people to trade their shitcoin. (competitor)

In the end, no matter what the reason are for this.... nobody can tell you what to do with your life... just make your own decisions and stick with that.  Wink


Or, just maybe, trading is indeed not for newbies and someone just should start by simply accumulating it. I don't want to discourage anyone, but it's a good idea to tell someone about all the risks.
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October 05, 2023, 08:15:12 AM
Merited by JayJuanGee (1)
 #100

Bitcoin is for everyone, and no one should be left behind.
Thanks.
Of course Bitcoin is for everyone, that's exactly why it is an open source project that requires no consent from any authority to be a part of it, but mind you that trading isn't for everyone per se, that doesn't mean you can stop anybody from trading, but it is pretty risky and you might lose all of your Bitcoins. Mind you that you don't have to trade Bitcoin before you use it, i mean, it was created to be electronic cash, thus even if you aren't trading or investing, but you are spending Bitcoin, then you're using it in the correct way.

Trading and investment in Bitcoin is just another way of adding to the coins that we already have, but whilst investing is less risky, trading carries a very large risk, and it is right to tell newbies not to trade, it doesn't mean you're discouraging them from Bitcoin, because trading isn't all you can do with Bitcoin.

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October 05, 2023, 12:37:48 PM
Merited by JayJuanGee (1)
 #101

It's crucial to strike a balance between cautioning about the risks and providing guidance. Bitcoin trading can be highly volatile and risky, so it's responsible to make newcomers aware of these challenges. However, this should be done in a constructive and educational manner.

Encouraging newbies to seek knowledge, research, and develop a solid understanding of the market is essential. Sharing resources, recommending reputable sources for learning, and emphasizing the importance of risk management are all positive ways to help newcomers on their journey.
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October 05, 2023, 05:40:39 PM
Merited by JayJuanGee (1)
 #102

I think the general consensus is that anyone interested in trading should at-least have a fundamental knowledge of Bitcoin/cryptos & how they work before they intend to trade.

Unfortunately, due to bad actors, people have promoted Bitcoin as a scam, and people do lose money in trading not knowing any better. Nothing wrong with trading, but at-least understand how the markets work before you begin.

Otherwise people lose a large amount of money, blame it on cryptos & generally ruin the reputation of the community as a whole.

Just my $0.02

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October 05, 2023, 05:44:56 PM
 #103

If someone posts in the forum, many people will reply to it and everyone's opinion will be different.  We should encourage newbies to learn trading, not to trade. Because learning trading in one day is not possible. It takes years to learn trading.  If we ask newbies to invest without knowing it, they will start thinking of it as gambling.  That is, depending on luck, only invest and face losses.  It will be very harmful for them. First they will suffer financial loss and also they will break down mentally and turn away from trading altogether.  Is it good?  Or is it better to learn trading and then invest in trading?  We should give trading tips to newbies.  Inform about hold sale.  Ask the experienced to follow.  Asking to refrain from investing without understanding like a fool.


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October 05, 2023, 05:52:51 PM
 #104

If someone posts in the forum, many people will reply to it and everyone's opinion will be different.  We should encourage newbies to learn trading, not to trade. Because learning trading in one day is not possible. It takes years to learn trading.  If we ask newbies to invest without knowing it, they will start thinking of it as gambling.  That is, depending on luck, only invest and face losses.  It will be very harmful for them. First they will suffer financial loss and also they will break down mentally and turn away from trading altogether.  Is it good?  Or is it better to learn trading and then invest in trading?  We should give trading tips to newbies.  Inform about hold sale.  Ask the experienced to follow.  Asking to refrain from investing without understanding like a fool.
An advice can't be withhold it's only meant for the reader to actually take it as its deem fit because many newbie don't know that the reason why most senior give this advice about trading is because of the experience they have gotten in the field and there is this logic which says experience is actually the best teacher but the only issue is that it would be better to learn from other people mistake and experience so as to avoid committing such again.

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October 05, 2023, 06:18:22 PM
 #105

I think the general consensus is that anyone interested in trading should at-least have a fundamental knowledge of Bitcoin/cryptos & how they work before they intend to trade.

Unfortunately, due to bad actors, people have promoted Bitcoin as a scam, and people do lose money in trading not knowing any better. Nothing wrong with trading, but at-least understand how the markets work before you begin.

Otherwise people lose a large amount of money, blame it on cryptos & generally ruin the reputation of the community as a whole.

Just my $0.02
Of course, exactly as you said. If beginners come to trade, then they must have enough knowledge to get started. Learning how the market works, learning how to do analysis, learning many other things that allow them to make the right decisions.

I'm sure many people get lost just because they want to join in becoming traders. They don't have enough knowledge to begin with and they will just blame anyone when they lose. This happens to most beginners who are just trying out trading, while they don't know what trading is, let alone doing analysis. Learning while trading or trading while learning is good, but don't be greedy.

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October 05, 2023, 06:45:55 PM
 #106

Or, just maybe, trading is indeed not for newbies and someone just should start by simply accumulating it. I don't want to discourage anyone, but it's a good idea to tell someone about all the risks.
It is not a discouragement when you say the truth about trading. It is not indeed for the beginners because they're 100% going to lose their money.
But if they understand that and they have that rule that it is their money and they will trade no matter what the oldies are going to say, fine!
Let them do what they think is right because we're all free what we want to do and what we want to say.


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Altryist
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October 05, 2023, 07:01:36 PM
 #107

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

A beginner needs to start his acquaintance with Bitcoin not with trading but with hold. Because in trading he has a very high chance of soon being left without bitcoins, and if he buys them to hold, then he will have enough time to learn everything about bitcoin and if he wants to engage in trading, then also about trading, but you apparently a mistake section, since this section is not about trading.

There is no need to dissuade or convince anyone about Bitcoin, it should always be a conscious, independent decision. I think that no one convinced you of how good Bitcoin is, you try found information about it and studied it, probably this is basically what happens.

.
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doomloop
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October 06, 2023, 06:16:10 AM
 #108

Bitcoin trading is not for beginners, at least for people who don't know much about market analysis so they can enter the market on time.
You shouldn't say it's not for newbies, but you should only say that it's not for those who lack the necessary knowledge and information about trading and the market because even if someone is a beginner but has learned everything, they can trade effectively.

Most people follow the signals they get from trading groups on Telegram or WhatsApp so they don't learn anything and just hope to profit from those signals.
And that's what we don't recommend because by relying on signals from other people, they don't learn anything and won't be able to make a profit.
I agree with this point and most newbies do that because they feel they will lose their money if they trade themselves because they lack knowledge, however, this is a mistake and they should rather learn everything themselves instead of following those signal groups.

We don't want them to trade because they get signals. After all, that doesn't educate someone to be able to develop and have the ability to analyze market conditions.
It's true that people who follow signals become in habit of doing that and then they completely lose interest in learning the skills and techniques themselves so that they can do their trades without being dependent on someone else.

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October 06, 2023, 03:16:40 PM
 #109

If you’re concerned of someone, you won’t allow them to engage into something which they are unfamiliar with, or to simply expose them to risk. Giving them warnings should not stop them to continue in any crypto activity if they are really eager to do so. Instead of being easily  discouraged, they should be more curious and open with a particular downside. It would be worse filling them with positivity given that there’s really no such thing in the first place. These negative comments or acts of discouragement would make them more aware of what they are into than for them to just continue because of the hype and popularity of this industry. Also in these instances, more people are being negative towards this technology which is what we’re more concerned with to prevent.

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October 06, 2023, 05:34:35 PM
 #110

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.
Trading Bitcoin is not a child play except if a newbie wanted to invest in it, that is buy and hodl else diverting into trading without any prior experience amount to losing their account and get liquidated if trading in future trading this is not to discourage newbies this is from personal experience, personally I only encourage them to learn and acquire knowledge first thereafter they can start trading, to become a professional would require a lengthy period of time depending on how each trader learning process according to statistics 95% traders are loser that tells you that only traders are profitable consistently in a long run and definitely they are experience ones.

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October 06, 2023, 06:10:53 PM
 #111

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.
you don't have to think too much about it, indeed everyone has their own views, but i have never weakened the mentality of beginners to trade Bitcoin or become Bitcoin investors.
In fact, i continue to encourage beginners not to be afraid of trying to invest in Bitcoin, i also remind them to keep asking seniors about anything in the crypto world.  Bitcoin price fluctuations are a natural thing to happen, as an investor, as long as you don't sell your existing Bitcoin - If you have it then you will be safe and safe,

bitzizzix
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October 06, 2023, 06:49:27 PM
 #112

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.
Before you know and understand trading, you should also know and understand this forum. Every time they ask or create a thread, there will definitely be positive and negative comments, and what you have to assess well and understand is that these negative comments are actually for your good because they are telling the truth based on risk and experience.
They don't discourage you, they actually give you good advice because you are a beginner who wants to get involved in trading. And what you need to know is that trading has a lot of risks if you don't learn and understand everything related to trading, so you really have to have basic knowledge before doing it.
And their negative comments are probably based on experience and they don't want you to feel the same way and they know what it takes and what to learn and prepare for after experiencing some things. So, you have to prepare everything before doing it, and actually negative comments are not meant to discourage you.
And my advice, you should learn the basics of trading before starting trading, make sure to learn the basics of trading such as technical and fundamental analysis, risk management, and use of trading platforms, and also start with small capital first.

.
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dothebeats
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October 06, 2023, 07:09:24 PM
 #113

If you’re concerned of someone, you won’t allow them to engage into something which they are unfamiliar with, or to simply expose them to risk. Giving them warnings should not stop them to continue in any crypto activity if they are really eager to do so. Instead of being easily  discouraged, they should be more curious and open with a particular downside. It would be worse filling them with positivity given that there’s really no such thing in the first place. These negative comments or acts of discouragement would make them more aware of what they are into than for them to just continue because of the hype and popularity of this industry. Also in these instances, more people are being negative towards this technology which is what we’re more concerned with to prevent.
You're absolutely right. The feedback and warnings of the members here should not be taken as a bad thing as they are not negative. Instead, they are more of caution or advice from people who are more knowledgeable and have the experience that newbies don't. Members are giving warnings and precautions so the newbies can be more aware and not make the same possible mistakes experienced members did. Instead of seeing it as a discouragement, I see it as a warning and act to make newbies aware of how the system actually works.

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Sexylizzy2813
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October 06, 2023, 10:16:51 PM
 #114

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

I don't think you getting it right here, ok fine let's say you're correct about what you said, and I'll ask has anyone told you to not engage on Bitcoin in this Forum that is not for you as a newbie? If yes point out the person already.
I feel you getting this newbie stuff all wrong because only if you see Newbie as just a rank you won't be saying what you saying, nobody is stopping you as a newbie by rank from trading and believe me people use newbies in replace of new comers to trading, that's how I see it. And if you think you have all it takes to trade then go ahead, don't let words discourage you.

Quote
None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

I agree with you, we all have to start from somewhere to get to our destination, and stop using the word Newbie is like you letting yourself down and you can't do anything big.
The newbie you're always saying is only in this Forum that you're a newbie but outside this Forum you're not a newbie so see yourself as someone who can do something bigger, you might have one or two to teach some of those high ranked members in this Forum.

R


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gunhell16
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October 06, 2023, 10:48:26 PM
 #115

If someone posts in the forum, many people will reply to it and everyone's opinion will be different.  We should encourage newbies to learn trading, not to trade. Because learning trading in one day is not possible. It takes years to learn trading.  If we ask newbies to invest without knowing it, they will start thinking of it as gambling.  That is, depending on luck, only invest and face losses.  It will be very harmful for them. First they will suffer financial loss and also they will break down mentally and turn away from trading altogether.  Is it good?  Or is it better to learn trading and then invest in trading?  We should give trading tips to newbies.  Inform about hold sale.  Ask the experienced to follow.  Asking to refrain from investing without understanding like a fool.

Sometimes there are other newbies who are also stubborn; even if you give them a reminder or advice, they will still insist on what they want. Because most beginners are just in a hurry to get income, they don't think that this is a lesson; instead, others just do it even if they don't have an idea or enough knowledge; they become willing, or it's okay even if they lose their capital to be used in Bitcoin.

Apparently, this class of people is also confusing the definition of Bitcoin in another way that is not correct, so others who are also newbies are planted with wrong information about Bitcoin about this, even though we know that the difference between trading and gambling is very far to treat trading as gambling.


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October 06, 2023, 11:53:06 PM
 #116

Or, just maybe, trading is indeed not for newbies and someone just should start by simply accumulating it. I don't want to discourage anyone, but it's a good idea to tell someone about all the risks.
It is not a discouragement when you say the truth about trading. It is not indeed for the beginners because they're 100% going to lose their money.
But if they understand that and they have that rule that it is their money and they will trade no matter what the oldies are going to say, fine!
Let them do what they think is right because we're all free what we want to do and what we want to say.
The only truth in trading is that it never comes easy. The reality that trading is not about the strategy but the mentality. So if the newbies are going to trade without the guidance of others, they will probably losing their funds.

Well, there are newbies who are arrogant and didn't accept advices in trading. But it doesn't mean we don't try to convince them that trading is not like the way they see it.

For me, newbies is like a child. And if you think the same way I see on newbies, you will probably understand that rejecting the guidance of others especially those profitable ones are just normal. So we don't just give up immediately the first time they refuse.

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philipma1957
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October 07, 2023, 12:21:44 AM
Merited by JayJuanGee (1)
 #117

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.

If you never traded anything starting with BTC is just plain dumb.

No more no less.


If you insist on starting with BTC buy x every week for 20 weeks in a row. make sure you can lose all of it.

Once you buy x each week list it for 5x the price.

Go for 20 weeks and  reassess . If you can't follow that do not trade.


This should work since you very likely will have 20x units of btc at week 20.  If you follow the instructions. If you can't follow them you will be a terrible trader.

Due to a lack of discipline .   I suppose you can tell this to a newbie trader.

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October 07, 2023, 02:45:49 AM
 #118

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.
That's weird. I have seen most people here encourage others to buy bitcoin. Even new newbies. Yes, they do warn them not to start trading right away, and I do agree with them. They should know the market first and learn about it. And then slowly start trading. There are newbies that went all in with whatever they had, traded, did something wrong and lost a lot of money that they couldn't afford to lose. The end result was them blaming crypto currencies for everything. And yes, I have seen most of the people here give them suggestions and how to start.

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October 07, 2023, 04:35:29 AM
 #119



So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.

“Trading is not for newbies”, that is the advice, we do not want to discourage newbies. If you are a newbie and have no knowledge about the market or trading, how will you make money? Will you rely on your emotions and luck to make money? That's why people always try to discourage newbies from entering trading because we want newbies to have knowledge before they want to make money with the markets. If newbies enter the market without knowledge, they will only act as liquidity for others. If you have a lot of money and want to prey on others, you can start trading without knowledge.

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October 07, 2023, 05:36:11 AM
 #120


So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.
Well, I understand and it is not all about hearing advice, some are also warnings and tips to avoid losses. For me, it was better to hear the negative side and disadvantages for at least we have an idea about the consequences to face later. If you can see, many people are careless with their keys/passwords because they are not aware of the possible hacking scenarios, indeed they will secure it if they already know it. Unfortunately, it was too late to realize until they experienced it.

Of course, I will not encourage someone to invest in Bitcoin if they have doubts and uncertainties.



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[15.00000000 BTC]


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October 07, 2023, 05:59:52 AM
 #121

you don't have to think too much about it, indeed everyone has their own views, but i have never weakened the mentality of beginners to trade Bitcoin or become Bitcoin investors.
In fact, i continue to encourage beginners not to be afraid of trying to invest in Bitcoin, i also remind them to keep asking seniors about anything in the crypto world.  Bitcoin price fluctuations are a natural thing to happen, as an investor, as long as you don't sell your existing Bitcoin - If you have it then you will be safe and safe,
I don't think there's anything wrong for beginners to become investors by trying to use a little money as investment capital at first, although beginners also need special guidance as basic knowledge. Because if beginners are immediately advised to trade, I think it will be a little difficult for them even though they both have to use capital at first.

But if you want to become an investor after they have a little knowledge about what they are investing in, I think it would be a good thing to try so that beginners can be more familiar with action rather than just theory. Apart from that, beginners also need to understand more about risk, whether through trading or through investment so that they can open their own minds by choosing good investments and one day they can try to trade more wisely.

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October 07, 2023, 08:52:35 PM
 #122

you don't have to think too much about it, indeed everyone has their own views, but i have never weakened the mentality of beginners to trade Bitcoin or become Bitcoin investors.
In fact, i continue to encourage beginners not to be afraid of trying to invest in Bitcoin, i also remind them to keep asking seniors about anything in the crypto world.  Bitcoin price fluctuations are a natural thing to happen, as an investor, as long as you don't sell your existing Bitcoin - If you have it then you will be safe and safe,
Beginners have zero experience in the space, I could remembered when I was in that newbie shoes, having no impact or confident to push my level to the next, always relenting in indulging in favorable projects because of the fear of FOMO. But I've learnt my mistakes and improved my game, looking how I'm able to stand tall till this present day is a miracle. Never for once have I thought of discouraging beginners because everyone have a lesson to be learned from the system. Consistent studying the market basically pointing to bitcoin because it's a promising project.

R


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October 07, 2023, 11:26:51 PM
 #123

It's great to hear that the forum you mentioned encourages newbies to prioritize education and caution when it comes to trading Bitcoin. Indeed, cryptocurrency trading can be highly volatile and risky, so it's essential for beginners to gain a solid understanding of the market and its dynamics before diving in. Holding (HODLing) Bitcoin as a long-term investment strategy can be a safer approach for those who are new to the crypto space. It's crucial to be well-informed and make informed decisions to minimize the risk of financial losses.

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October 08, 2023, 01:19:22 AM
 #124

It is not discouragement it is a hard-slap truth. People here in the forum are mature people and we ain't babysitting anyone like spoon-feeding everyone, they tell the truth and are direct to the point with no flowery words. What do you expect to say Bitcoin trading is for newbies when the truth is that people who have been trading for a few years are still losing a lot? The problem with newbies sometimes is that they are always after profit without learning it. I also haven't seen anyone discouraging newbies about Bitcoin trading they just tell to the newbie to limit his or her expectations with the truth.
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October 08, 2023, 01:48:09 AM
 #125

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Thanks.
A newbie may be a newbie to Bitcoin forums but may not be a newbie to Bitcoin. Although he is a late entrant to Bitcoin forums, he may be quite the expert on Bitcoin investment and trading. However, some cautionary advice is given to newbies when it comes to investing in Bitcoin.
If an investor is interested in investing in Bitcoin without directly knowing about the investment risks and the type of investment then some cautionary advice can be given to the investor. All those newbie investors are advised to know about the market condition, risk of investing, long term and short term investment profit and loss etc. before investing in Bitcoin.
Bitcoin trading and investing are basically advised in the same formula but there are some newbie investors who directly invest without following any of these and later face huge losses which are not desirable at all.

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October 08, 2023, 01:56:14 AM
Merited by JayJuanGee (1)
 #126

Sometimes, forum members can come across as pretty tough in their responses, but honestly, they're just trying to guide, not spoon-feed the newbies. It's like they're saying, 'You've got to learn, but don't talk too much, just ask when you're really stuck,' you know what I'm saying?

The reality is, we're on a forum, and it's a melting pot of opinions and people. Newbies looking for help or advice should try not to be too sensitive, just focus on getting what they need. Brush off the harsh words and cherish the helpful ones – it's as simple as that.

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October 08, 2023, 07:57:53 AM
Merited by JayJuanGee (1)
 #127

It is not discouragement it is a hard-slap truth. People here in the forum are mature people and we ain't babysitting anyone like spoon-feeding everyone, they tell the truth and are direct to the point with no flowery words. What do you expect to say Bitcoin trading is for newbies when the truth is that people who have been trading for a few years are still losing a lot? The problem with newbies sometimes is that they are always after profit without learning it. I also haven't seen anyone discouraging newbies about Bitcoin trading they just tell to the newbie to limit his or her expectations with the truth.
Right? There's no need to spoonfed newbies or any members here. Sweet words will go nowhere in life and members are just stating facts that are surely useful for those who are new to such. Hence, I don't really see the comments and posts are members being discouraging.

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.HUGE.
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October 08, 2023, 02:24:39 PM
 #128

Sometimes newer users have pre-conceived notions about Bitcoin that aren't realistic.  It's important people appreciate that Bitcoin is not some sort of 'get-rich-quick' scheme, which is what a significant number of new users mistakenly see it as.  Such individuals are often swiftly heading out of their depth and into a world of trouble.  If that can be prevented by getting them to pause, take a moment to learn something first, before diving in and losing everything, that's arguably a good thing.

No one is saying don't get involved.  Just make sure you know what you're doing and that your motivations aren't overly ambitious.  There's little difference between trading and gambling, so know the risks beforehand.


People discourage it because trading is a zero sum game. 

Precisely this.  To expand upon the concept, this means in order for you to win, someone else has to lose.  Your profit is someone else's loss.  If you enter into such an environment without a clue what you're doing, you're almost certainly going to be the loser in that situation.

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.HUGE.
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Mauser
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October 08, 2023, 06:08:06 PM
 #129

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”


Really? Somehow I must have missed all those comments by forum members. My experience on bitcointalk is that more experienced users are usually open to help beginners and will invest their own time to guide them in the right direction. So far I haven't noticed that forum members want to prevent beginners from trading. At least for my own recommendations I always encourage beginners to make up their own mind and give trading a chance. But I also recommend to be cautious with your investment decisions, without any previous experience I don't recommend to go into futures trading or take out loans to buy more coins. The most common recommendation here on the forum is to only use money for trading that you can afford to lose. Everybody who is interested in crypto currency trading should give it a try, just don't use all your money at once and think you will become rich overnight.
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October 08, 2023, 06:25:18 PM
 #130

To trade in the market you must acquire skills I think it is not discouraging for beginners to learn about the market first. There are many new members who see the success of a good trader with little idea and start trading in a hurry and within a few days they become penniless with zero account. That's why you have to proceed with caution using your own skills and analyze the market well there is no end to learning trading. The more time you put into it, the more knowledge you will gain if you don't have complete knowledge about trading then you can never achieve success in trading.

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SPIN

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Mr.suevie
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October 08, 2023, 06:38:58 PM
 #131

you don't have to think too much about it, indeed everyone has their own views, but i have never weakened the mentality of beginners to trade Bitcoin or become Bitcoin investors.
In fact, i continue to encourage beginners not to be afraid of trying to invest in Bitcoin, i also remind them to keep asking seniors about anything in the crypto world.  Bitcoin price fluctuations are a natural thing to happen, as an investor, as long as you don't sell your existing Bitcoin - If you have it then you will be safe and safe,
Beginners have zero experience in the space, I could remembered when I was in that newbie shoes, having no impact or confident to push my level to the next, always relenting in indulging in favorable projects because of the fear of FOMO. But I've learnt my mistakes and improved my game, looking how I'm able to stand tall till this present day is a miracle. Never for once have I thought of discouraging beginners because everyone have a lesson to be learned from the system. Consistent studying the market basically pointing to bitcoin because it's a promising project.
Everyone was once a newbie and have also passed through that phase before and I think it's no new thing to be feeling like the correction you get from members are actually criticising you. The truth is that we get correct because we want to learn and these correction are what makes you a better learner anyone that refused to be corrected can never grow and as a newbie with no knowledge, it is only natural that other members who have more knowledge put you through and also the research you make yourself will determine how fast you can grow past this stage.

R


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October 08, 2023, 07:50:28 PM
 #132

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.

You are right, no one was born a professional, but you must also understand that these knowledge from years of practice and failing. So when newbies are advised to stay away from trading BTC, this is not to scare them but to forewarn them. Before jumping to trading, they should understand what they are going into, and if they are confident enough to do, then they should do it.

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October 08, 2023, 08:01:10 PM
 #133

~snipe~
Right? There's no need to spoonfed newbies or any members here. Sweet words will go nowhere in life and members are just stating facts that are surely useful for those who are new to such.
Most times, that’s what users out here needs, they aren’t open to some good criticism and hope to be pushed towards what could be their fall. Trading has made a lot of people hate the idea of cryptocurrency or should I say Bitcoin because, they are often met with loses and as such, the best form of advice is always that they get to learn first and practice trading with virtual money till they get the hang of it before entering into the live trade.
That ain’t a discouragement to me but, just a hand on your ears to be attentive to reason.
You can be a newbie on the forum but, don’t be a complete newbie to trading, it wouldn’t give you a chance to retrace your steps without doing real damage to your capital.

R


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October 08, 2023, 08:39:27 PM
 #134

I see it differently; in fact, there's a significant amount of support for beginners here, guiding them on what to do and learn when embarking on their Bitcoin journey. The community here is incredibly welcoming to newcomers and even imparts valuable lessons to them.

Numerous threads have showcased the confusion beginners face when starting their Bitcoin journey, and at such times, many experienced individuals in the Bitcoin realm offer advice and encouragement to these novices. This forum is genuinely beneficial and provides tremendous value to anyone interested in Bitcoin.

A contrasting experience might await beginners in other places, such as on social media or perhaps within groups of individuals with high egos. I would strongly recommend steering clear of gatherings where beginners are not appreciated, no matter where they may be.
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October 08, 2023, 08:50:16 PM
 #135

Newbies are not actually discouraged to start trading but trading without sufficient knowledge and less experiences  will only lead to frequent losses than gains. That is the reason why instead of newbies jumping into trading that is clearly for quick profits, why not if they start long term hodling at first that has less risk than trading, and when they can manage already their investments well and can bring decent amount of profits, then they can start trading as well using their capital that they can afford to lose. That way, at least they can minimize from acquiring losses and can have more chances to succeed rather than end up losing on one side.

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October 08, 2023, 09:41:54 PM
 #136

Not all the people doing this discouraging,most of the old trader will help the new traders in the forum.So don’t get demotivated and you are free to ask any help in this forum.We are ready to help you in this forum.The new trader can become the experienced trader by practice of the trading with the few dollars.The many trading exchange provide the demo account to learn the trading by the fresher into their website.It’s better to use that demo account to learn trading by own without paying anyone.
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October 09, 2023, 02:54:59 AM
 #137

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

Thanks.
A newbie may be a newbie to Bitcoin forums but may not be a newbie to Bitcoin. Although he is a late entrant to Bitcoin forums, he may be quite the expert on Bitcoin investment and trading. However, some cautionary advice is given to newbies when it comes to investing in Bitcoin.
If an investor is interested in investing in Bitcoin without directly knowing about the investment risks and the type of investment then some cautionary advice can be given to the investor. All those newbie investors are advised to know about the market condition, risk of investing, long term and short term investment profit and loss etc. before investing in Bitcoin.
Bitcoin trading and investing are basically advised in the same formula but there are some newbie investors who directly invest without following any of these and later face huge losses which are not desirable at all.
You know, its funny how sometimes people assume that if you're new to a forum, you're also new to the subject. But you're right! Even though someone has been around Bitcoin for years, they can be new here. But the amount of people that leap in without completing their homework worries me. We're talking about Bitcoin, after all, not some obscure arcade title. All investors, experienced or not, ought to be aware of the dangers, opportunities, and workings of the market.

So, to all our newbie friends (and not-so-newbie friends), do your due diligence. Really, think carefully before investing your money and make sure you know what you're getting into. And why not impart your knowledge if you're one of those specialists who lurk in the background? You never know, you might prevent someone from making an expensive error. Who am I to say, though? Perhaps some people simply enjoy making their own mistakes.

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October 09, 2023, 03:39:15 AM
 #138

Newbies are not actually discouraged to start trading but trading without sufficient knowledge and less experiences  will only lead to frequent losses than gains. That is the reason why instead of newbies jumping into trading that is clearly for quick profits, why not if they start long term hodling at first that has less risk than trading, and when they can manage already their investments well and can bring decent amount of profits, then they can start trading as well using their capital that they can afford to lose. That way, at least they can minimize from acquiring losses and can have more chances to succeed rather than end up losing on one side.
Yes, this is what newbies should understand. The advice from the forum members give for most newbies is "trading is not for newbies", there is a valid reason behind it and it is not to stop them or for newbies to avoid trading at all. What forum members mean is, knowledge is a must prior you start trading to avoid unnecessary losses. Newbies thought those advice is a discouragement wherein it should be treated as their starting point for their trading journey.

Many newbies disregard the advice they get, preferrably start trading without the knowledge of how to analyze the price movement of the market. Newbies do not realize the consequences of it, it's like getting into war without any weapon.


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October 09, 2023, 04:14:51 AM
Last edit: October 09, 2023, 04:29:36 AM by landheer
Merited by fillippone (1)
 #139

As far as I know, most people on this forum always encourage beginners, that's why there is a beginner and help board, of course it is very suitable for beginners who are just starting to learn about BTC, but I also didn't know if there was one. whether one of the members of this forum is trying to dampen the enthusiasm of beginners or not, but what is clear is that I personally see members of this forum more often saying that for beginners before investing in BTC, knowledge must come first because without knowledge the potential for losses will be greater.
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October 09, 2023, 04:18:14 AM
Merited by JayJuanGee (1)
 #140

What I know is that most people on this forum always encourage beginners, that's why there is a beginner's board and help which is of course very suitable for beginners who are starting to learn about BTC, but I also don't know whether there are members who try to discourage beginners or not, but what is clear is that I personally see members of this forum more often saying that for beginners before investing in BTC, knowledge must be the priority.


True. Some people just confuse discouraging with advice and critical thinking. Doing research before investing and being prepared for losses or long-time bear markets isn't discouraging, it's just something newbies should be aware of at least.

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October 09, 2023, 04:30:15 AM
Merited by JayJuanGee (1)
 #141

~Snip
I don't think there's anything wrong for beginners to become investors by trying to use a little money as investment capital at first, although beginners also need special guidance as basic knowledge. Because if beginners are immediately advised to trade, I think it will be a little difficult for them even though they both have to use capital at first.

But if you want to become an investor after they have a little knowledge about what they are investing in, I think it would be a good thing to try so that beginners can be more familiar with action rather than just theory. Apart from that, beginners also need to understand more about risk, whether through trading or through investment so that they can open their own minds by choosing good investments and one day they can try to trade more wisely.
Beginners or whoever they are are free to use their budget for trading or investing as long as they understand how each works. Trading requires them to stay focused on earning profit in the short term regardless of whether it is day trading or something like that, but investing does not. Investments only require them to buy and hold for a certain period of time without being bothered too much by price volatility, this obviously reduces a lot of psychological burden for beginners who are just starting out.

I tend to advise beginners to invest instead of trading. But if they are interested in trading, then of course they can use a little of their budget to trade while learning. Beginners are required to avoid greed and never have a get-rich-quick mindset in trading, it must be to prevent them from losing control due to price volatility.

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October 09, 2023, 05:12:26 AM
Merited by JayJuanGee (1), fillippone (1)
 #142

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
I'm not aware of anything on the forum that discourages a new member from investing in Bitcoin. However, there are various guidelines given to a new member so that he does not lose and how he can be profitable from Bitcoin. But I think this issue should be taken positively rather than negative aspects. People who have no knowledge of trading or cryptocurrency can get lost anytime. They are warned in advance from that situation so that they don't make any such mistakes. There are many new members who joined crypto without gathering any knowledge and many of them are not in the crypto space today.

As far as I know an investor is most encouraged to invest in Bitcoin. Because investing in Bitcoin is relatively less risky than other altcoins. Bitcoin will continue to be bullish on expectations as more Bitcoin investors grow. There are various discussions in the forum about how an investor can be profitable by holding it for long term. Also, if an investor is financially weak, DCA gives an idea of how to make his portfolio bigger. I think newbies should try to understand those things better.

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October 09, 2023, 05:24:10 AM
Merited by fillippone (1)
 #143

Their no person who have stayed in bitcointalk for years will discourage people over bitcoin investment and whatever newbie put in writing, let me educate you, for you to understand the doctrine of the forum you have to understand the basics needs of forum and the doctrine of forum, by accepting corrections because in this forum many people in the forum have to learn through corrections, no newbie that will not feel that someone criticised him or her, so that is the most important thing I have seen so far in cryptocurrency.

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October 09, 2023, 05:43:32 AM
 #144

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

Nobody discourages new members from trading bitcoin; people try to educate them that bitcoin trading is not for new users because trading is not like bitcoin investment. The reason why they say bitcoin trading is not for new users is that most of the new users here may see it as easy without having fundamental knowledge of it. They will think of trading bitcoin, which is bad and will result in losing their money completely, so the forum users try to tell them they should go and learn about it before they start talking about trading. That is what they mean when they say bitcoin trading is not for newcomers.

Quote
None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

Actually, you need to learn something before you start practicing it, but when we are talking about bitcoin trading here, you cannot just start learning trading today and decide to trade tomorrow. I assure you, you’ll lose because by then you haven’t gotten the knowledge that is required, but if you think what they are saying is not right and you can trade on your own without the knowledge, then good luck.

R


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wiss19
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October 09, 2023, 06:11:09 AM
 #145

If we don't take the risk then we will always remain newbies and its obvious that expert must spend the stage of newbies and then they become expert. Those who discourage others are those people who don't get anything from crypto trading and investment and now they are spreading wrong information because if they miss the chance of success so they also cannot see others to be successful.

Newbies should also hear from different people as if they get advice from only a single person then he will talk according to his experience but sometimes experience can be change from person to person. It is not bad to hear the words of others but I will suggest that listen to others after that make research about it through videos and articles so you will easily take the better decisions and better advice from it.
Taking risks means to invest. We still can move on from being a newbie to experienced, by simply reading and researching. We can as well practice what we have learned using the demo version of some platform. There are people who are into crypto but still discourage others to continue. So, these people can sell early and they will acquire those Bitcoins at cheap rates. It is a kind of tactic but it's only unethical.

People give advice according to their experiences. Sometimes it's not wrong to get advice from one person only because it can already give you the answer that you need and if we seek from others opinions, our decisions can change because they can give wrong information.

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October 09, 2023, 06:42:08 AM
 #146

I can't deny that there are types of users who reply with words that are a little harsher than usual which might make beginners a little uncomfortable.
But believe me there are more friendly people here. Even though sometimes their delivery method is a little unfriendly, believe me it is for the good of the beginner. And it would indeed be better if the way of conveying information, whether in the form of criticism or suggestions, could be in language that was smoother but easier to understand.

But in discussion forums things like this are commonplace. And I actually enjoy the diversity of characters and characteristics of the users on this forum. Because this diversity makes everything more lively and not boring.

But I agree that we all start as beginners. And yes I understand how it felt when I was also a beginner. But what I do is continue to think positively and take lessons from everything I have gone through and encountered. Likewise on this forum. And after I felt how I was treated when I was a beginner, I also learned to treat them as best as I could.
So keep learning and stay enthusiastic. Because remember, sometimes a teacher who is strict with his students actually makes the students smarter. as long as the student continues to think positively about his teacher.

So keep positif thinking

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October 09, 2023, 09:48:27 PM
Merited by JayJuanGee (1)
 #147

...//,,,,

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
...//:::

The forum has a structure oriented to different topics, and in a way no one should be discouraged, in fact that in itself is formative, hence, If you are discouraged by such comments, maybe is not your forum.

There is something that many of those users have in common that you want to defend, laziness, in concesequence...  the issue is how to propose your novitiate.

The forum is in a way a discussion niche par excellence and that requires prior training, let's say what, you have to have a level, at least something basic, that way there should not be so many recurring questions basic questions that are asked on different topics, that is, learn about those topics.

The forum search/boards engine can help you find those relative questions and read, you have to inform yourself, it is very easy to open a new topic and ask, how to start? In fact, if you read the rules of the forum, they state that repetitive topics should not be opened.

Some examples, a classic question is:
How do I get started in trading if I don't have experience?

That question has been asked hundreds of times.

A better question is:
I started three months ago and followed this strategy (source), then my results were: "shows some data", What do you think I'm doing wrong, must I be making some mistakes?

In other words, there are users who are very lazy, do not do the basic task and consequently receive such responses, that in any case to be fair there is always an equivalence in discouragement and encouragement.

And as I mentioned, any slip to any proposal about anything only has to be seen as an opinion from which you only take what really serves you, then if there is a trend in the orientation of those responses, that is, several users are on that same idea, surely some of what they tell you may be right,  but even everything depends on the topic and the board.

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October 10, 2023, 03:01:04 AM
Merited by JayJuanGee (1)
 #148

I don't think it discourages, it's more like giving advice to newbies not to trade carelessly.
Yes, we always want to encourage others about bitcoin. But in some cases it is necessary to warn them. .
1. Newbies here should not go into trade. (First you need to know about bitcoin well)
2. Trying to talk about what is being discussed in the place.
3. Your bitcoin wallet can be hacked. He was given high security.
4. Seek advice from a good expert when buying bitcoin.
5. Investing in the wrong place without understanding is more likely to lose everyone's money.

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October 10, 2023, 05:43:12 AM
 #149

Never that I discouraged anyone either newbie or old timer about bitcoin
but about altcoins and those completely Shitcoins? i kept calling the attention of the people specially my closest friend and family to stay away.
I don't think it discourages, it's more like giving advice to newbies not to trade carelessly.
Yes, we always want to encourage others about bitcoin. But in some cases it is necessary to warn them. .
1. Newbies here should not go into trade. (First you need to know about bitcoin well)
2. Trying to talk about what is being discussed in the place.
3. Your bitcoin wallet can be hacked. He was given high security.
4. Seek advice from a good expert when buying bitcoin.
5. Investing in the wrong place without understanding is more likely to lose everyone's money.
actually you forgot to add in list about "Asking Bitcointalk community about your plans" because for me there is no better place than this forum to help us understand what we wanted to learn.

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October 10, 2023, 06:25:47 AM
 #150

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.

I haven't seen anything on this topic that would discourage a newbie; if you post a question about anything you don't understand, someone will respond with the appropriate information. The reason why they said trading is not meant for everyone is because it depends on how each of us has the knowledge about it and understands how to hold it. We need to know how it operates and how much risk is involved in it. Knowing all of this is very important because without it, trading would be impossible. No one will discourage newbies in the forum other than to offer advice and guidance so that they may understand what their involvement includes and which path they need to take. If they lose money, that is when you will see some newbie whining in the topic claiming they were scammed. Don't be mistaken; this forum is not intended to be rude to any newbie. As you mentioned, we were all once beginners, and this forum will always be there to help us with everything we don't understand.

R


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October 10, 2023, 06:27:49 AM
 #151

I don’t think have read about it on this forum that trading isn’t for newbies rather the message I have seen or read here is always “trading is not for the less knowledgeable” and by definition it certainly right that trading is not for those that do not have knowledge and that is why what you will always read from the forum is try to do your own research before trading or better still most will tell you to just invest and hodl bitcoin has that doesn’t need lots of knowledge like trading which you need to learn it’s analysis like the fundamentals and Technical.

Furthermore this is just a public forum where everyone airs there view and that shouldn’t stop you from taking your own decisions. The advice you will get here is just to shape that idea only. If you are advice about something and you feel otherwise go ahead and do as your at wishes. It is your money and your time, even if it gets lost or gain profit it is still you that will use it

Thank you for stating this. I have not seen a thread on this forum before that claimed trading was not appropriate for new users. As long as you are aware of the risks involved, no one will stop you from doing what you want here. In fact, anything related to bitcoin activities is open to anyone who wants to participate. You can trade with your own money, and no one else will profit from your trading's losses or gains. This is a public forum where lots of people visit to get investment advice for bitcoin or any other crypto currency.

I'm sorry to say this, but from what I've seen, you had nothing to say, which is why you posted about people discouraging newcomers from trading bitcoin in this forum. As you are posting, at the very least you should have the proof or a link to the post in this forum to convince people to believe you. I've been a member of this forum for a long time, and I've never seen any member discourage newcomers from trading bitcoin before; I only know that they warn them about the risk associated with everything in bitcoin.

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October 11, 2023, 03:56:57 PM
 #152

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
Thanks.
Please provide valid proof of such a reply if you are sure of what your saying

None of us here was born a professional trader
Yes, and none of  us just woke up one morning and decided to start trading Bitcoin without any knowledge of it. Definitely if you are my brother and you want to start trading bitcoin when I know you just heard about it for the first time and have no clue or learnt about it, I will discourage you not to trade because I am concerned so you wont lose your money. Stop getting it all wrong no one here discourages anyone to not make good use of the opportunities that comes with  Bitcoin, they all want your success. That is why they encourage newbies to learn how to trade first before thinking of trading with their had earned money. Most persons have had a terrible experience when trading bitcoin because no one to guide and teach them, they went all in because of curiosity, ignorance, and conviction from success stories they have heard.

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October 11, 2023, 04:24:24 PM
 #153

There are people who will discourage newbies on this forum because of the way the newbie wants to take to get their Bitcoin, I will discourage any newbie who knows nothing about Bitcoin, crypto exchanges, and crypto wallets, why will I encourage such people to buy Bitcoin? They will end up losing their money that's why they need ti be discouraged from buying Bitcoin, it's not the first thing to do.

Beginners need to understand the different types of crypto wallets we have in the crypto space, they need to know the importance of recovery seeds and private keys, that's why some people are still storing their Bitcoin on coinbase and other big crypto exchanges, if they understand why Bitcoin are safer in a non custodial wallet maybe they will change their mind?

Trading is also not good for beginners because they will do it wrong, they will make mistakes and it will cost them their money, how can a beginner who is lazy about learning crypto wallets and others learn trading when it's one of the hardest ways to make money in crypto space? If you come across any response that looks like discouraging for newbies, make sure you try to understand what they are trying to prevent.
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October 11, 2023, 05:03:33 PM
 #154

Their no person who have stayed in bitcointalk for years will discourage people over bitcoin investment and whatever newbie put in writing, let me educate you, for you to understand the doctrine of the forum you have to understand the basics needs of forum and the doctrine of forum, by accepting corrections because in this forum many people in the forum have to learn through corrections, no newbie that will not feel that someone criticised him or her, so that is the most important thing I have seen so far in cryptocurrency.

That's true, a bitcoiner will not discourage others about bitcoin because they are all into it, but instead, they always feels happy to see that newbies learn about bitcoin through them all, this is the kind of mindset that every bitcoiners have towards each other including the newbies because they realized that bitcoin is freely for everyone and there's no limitations to the extent on how bitcoin could change life, knowing that everyone experienced today about bitcoin was once a newbie.

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October 11, 2023, 06:36:22 PM
 #155

If we don't take the risk then we will always remain newbies and its obvious that expert must spend the stage of newbies and then they become expert. Those who discourage others are those people who don't get anything from crypto trading and investment and now they are spreading wrong information because if they miss the chance of success so they also cannot see others to be successful.

Newbies should also hear from different people as if they get advice from only a single person then he will talk according to his experience but sometimes experience can be change from person to person. It is not bad to hear the words of others but I will suggest that listen to others after that make research about it through videos and articles so you will easily take the better decisions and better advice from it.
Taking risks means to invest. We still can move on from being a newbie to experienced, by simply reading and researching. We can as well practice what we have learned using the demo version of some platform. There are people who are into crypto but still discourage others to continue. So, these people can sell early and they will acquire those Bitcoins at cheap rates. It is a kind of tactic but it's only unethical.

People give advice according to their experiences. Sometimes it's not wrong to get advice from one person only because it can already give you the answer that you need and if we seek from others opinions, our decisions can change because they can give wrong information.
In every decision we will take, there are risks that we will face and we must be ready to face them in order to achieve the goals we want. Everyone who understands Bitcoin well has of course gone through every process from the start so that they really understand it well. Yes, I agree with you, in the early stages of learning it would be better for us to choose someone who really understands it well to accompany our learning process because everyone is different in the teaching process.

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October 11, 2023, 09:22:19 PM
 #156

That’s already the best advice an old trader can give to a newbie, never trade if you are not capable to do it. Old traders have already been there, trading while they are still newbies but all they got are just inevitable losses and the more they try to trade, the bigger the losses they have endure. This is not to discourage newbies to never try trading, but to warn them that there’s always a danger in trading if you insist to do it without proper knowledge and skills to do it, without making a long preparation prior to trading.
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October 11, 2023, 11:31:03 PM
Merited by JayJuanGee (1)
 #157


Stop discouraging Newbies from Bitcoin...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

They are not discouraging newbies from Bitcoin but rather from trading Bitcoin. Say it as it is.

We all know that trading Bitcoin is riskier than just buying and holding, and that's the close warning that some users are trying to pass on to the newbies who think that trading is an easy pizzi thing and also something that they can start doing and relying on it for a steady source of income. I still remember that some months ago a newbie was asking if he or she could resign from his job and start Bitcoin trading, which he felt was going to earn him a huge amount of profit every day, but it's not correct. Someone also ask if they invest like $1000 in trading, can they earn up to $100 or more on a daily basis. There's a possibility that it could be possible, but there's no certainty that they would make such a profit every day. Some days in trading, you might not even earn a profit, and that's what some experienced members here try to warn newbies about. Even I made some mistakes while I was trading, and at a point, I got upset and stopped trading for some weeks, yet I still put myself together and continued.

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October 12, 2023, 12:07:53 AM
 #158

That’s already the best advice an old trader can give to a newbie, never trade if you are not capable to do it. Old traders have already been there, trading while they are still newbies but all they got are just inevitable losses and the more they try to trade, the bigger the losses they have endure. This is not to discourage newbies to never try trading, but to warn them that there’s always a danger in trading if you insist to do it without proper knowledge and skills to do it, without making a long preparation prior to trading.

It's not that newbies are not capable of trading, it's that newbies are not ready, they need more time to learn more knowledge, experience, and skills before trading. No one should discourage or chase newbies away from trading, but they should also not rush to think that making money from trading is easy. All advice from old traders just want to advise newbies to take it slow and not rush into trading without experience, only participate in trading when they have knowledge and are really ready to trade.

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October 12, 2023, 02:18:42 AM
 #159

some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
I think you have misunderstood this sentence. The sentence ""Bitcoin trading is not for newbies"” true meaning is that newbie shouldn't invest until get knowledge of trading and I think this is very good advice for newbie so that he didn't lose from the start. Newbie should learn how the analysis work, how news affect the btc price and what to do in panic situation and most often newbies didn't aware of it and they start selling in lose when they saw panics selling in the market.

Quote

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.
Newbie should start from holding which is safe and no need of any trading knowledge. This forum is best place for learning but sometimes you will see some discouraging reply also but you have to check what's majority says and take cares about their advice. Newbie can start learning here but before learning if he start trading then high chances that he will loss all before learning.



 

 

 

 

 

 


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October 12, 2023, 02:53:25 AM
 #160

The title of your topic is quite misleading. New members to the forum with little to no knowledge about bitcoin are always welcomed and encouraged as well as being bombarded with relevant information and articles that would help a newbie on the journey towards bitcoin enlightenment.

Being misleading with the heading of your topic wasn’t enough, you now go on to make bogus claims providing nothing but words to back up such claims.
Being advised by other members to acquire more knowledge and experience first before delving into trading, is them literally looking out for you. Does the thought of having to acquire more information and knowledge first discourage you?

I think I’ll reiterate this popular opinion: Bitcoin trading isn’t for newbies.
It’s always best to learn from someone’s mistakes so when  the majority of opinions from other members recommends gaining more knowledge and experience, the last thing you should feel is discouraged.
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October 12, 2023, 03:04:32 AM
 #161

I also hate seeing many people here discouraging newbies to either Learn first or Never invest if you are not ready , because for me if we are talking about bitcoin ? the only knowledge the person should know is that the readiness to wait and risk.
buy now and wait for the bull run.
that is the only essence I believe matter in Bitcoin.
those other advises are for Altcoin or shitcoin investors because they are mostly the one that will fall into wrong decisioning and wrong buying.
but since this is bitcoin section and discussion , then why a need to big knowledge?
just learn your plans and capacity , but just only invest the amount you can carry to lose if ever there is a wrong turn in time.









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October 12, 2023, 03:15:05 AM
Merited by TheUltraElite (1)
 #162

You see them saying things like “Bitcoin trading is not for newbies”

 Those comments are often from newcomers who may not yet see the full potential of trading. It's best to ignore them and not let their negativity affect your belief in the financial success that investing can bring.

In a diverse forum like this, you'll encounter people with various intentions - some genuinely willing to help, and others who seem intent on crushing dreams. Don't let it get to you. If you believe in your path, follow it. Words are just words, but what truly matters is the knowledge you gain on how to trade successfully.

And here's a good point to consider: all those successful traders out there, didn't they start as newbies too?  Keep learning, and you're bound to find the right strategy and information, as it's proven that anyone can become profitable in trading.

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October 12, 2023, 04:27:35 AM
Merited by JayJuanGee (1), Husna QA (1)
 #163

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
That's a warning isn't it limiting beginners from getting involved in trading, you have to separate advice from limiting beginners' interest? They try to say something that happened according to reality that beginners are not advised to get involved in trading when they have not mastered technical or other basic things. There is nothing wrong with that reminder and for me reminding each other is an effort to maintain a level of sanity because we cannot live alone without listening to the advice of other people who are more experienced.

No one is born as a professional trader and that is why reminding each other is an effort to look after each other. Make criticism an effort for us to become more developed and in this online forum we must have thicker skin to respond to every person's criticism. If a person is not ready to accept criticism then this place is not suitable for him and I don't think there is anything wrong with such criticism.

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October 12, 2023, 05:00:44 AM
 #164

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.

Mr. OP, I've never seen a single person discourage learning about newbies. When this newbie came to the forum and was interested in learning about Bitcoin, everyone helped him learn. Also, some people said that trading is not for newbies it is right that actually newbies don't have good idea and don't understand about trading this is said. And the purpose of saying this is so that a new person can learn about trading well and later he can profit. And if a newbie starts trading without knowing about trading, he will definitely lose money and take risk, that's why people agree to trading for newbies. You were also once a newbie and had no knowledge about Bitcoin and trading, but you gradually gained knowledge about them while gaining that experience. So if the newbies invest money there before they learn trading, they will definitely lose their money, that's why people advise the newbies to refrain from trading. Beginners should learn first and trade later, only then they can succeed, this logic should be kept in mind.

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October 12, 2023, 05:20:26 AM
 #165

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.
It’s not discouragement it’s and advice. This forum is a place where the members look out for one another and also they give you the best advice that will help you most especially in the long run. Most of the members have gone through dismissal situations and have made mistakes in the past so they are only advising newbies so they don’t make the same mistakes they did.

I have never seen or read something like trading is not for newbies rather they only advise them not to jump into trading and make sure to have knowledge about it first because most newbies will think trading is easy and doesn’t involve any risk and since people are making profits they would also make the same profits. Nobody was born as an expert true, but we seek knowledge first before we become an expert. Even with all the advice in the end they still need to decide on their own.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
With the risk involved in trading they should not just rush into trading because it will not end well for them, they will end up losing a lot of money. Trading requires knowledge and even experts can not safely say they are going to make profit even with all the knowledge they acquired.

R


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October 12, 2023, 11:40:31 AM
 #166


I think I’ll reiterate this popular opinion: Bitcoin trading isn’t for newbies.
It’s always best to learn from someone’s mistakes so when  the majority of opinions from other members recommends gaining more knowledge and experience, the last thing you should feel is discouraged.

It was not just learning from someone's mistake but our personal mistakes. And it is not just we learn but have to do something to avoid such events. Most newbies come to invest with empty knowledge about it and no wonder why they will lose. We often give advice to DYOR, spend time learning to trade, don't rush- and all we did are a sort of investment warnings but too unfortunate that many we're tend not to listen but instead make their own way.

If they only just know how risky Bitcoin investment is, I could imagine that only a few people could take it. But it is not what we see, more and more newbies come because of this - "instant profit" which is circulated on the internet.




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October 12, 2023, 12:08:07 PM
 #167


I think I’ll reiterate this popular opinion: Bitcoin trading isn’t for newbies.
It’s always best to learn from someone’s mistakes so when  the majority of opinions from other members recommends gaining more knowledge and experience, the last thing you should feel is discouraged.

It was not just learning from someone's mistake but our personal mistakes. And it is not just we learn but have to do something to avoid such events. Most newbies come to invest with empty knowledge about it and no wonder why they will lose. We often give advice to DYOR, spend time learning to trade, don't rush- and all we did are a sort of investment warnings but too unfortunate that many we're tend not to listen but instead make their own way.

If they only just know how risky Bitcoin investment is, I could imagine that only a few people could take it. But it is not what we see, more and more newbies come because of this - "instant profit" which is circulated on the internet.



I strongly agree, you don't rely your decisions and calls on someone's experience. I think some newbies rely too much into someone they consider expert but if they started to study Bitcoin and attain knowledge, they would realize that it's just the basics. It's not wise to risk your money at investment when the investor itself doesn't have any background info. The best thing to do is to explore it to yourself so you can be familiarize to the system without the help of anyone. To be honest, it would just doubt your own decision making when you ask for someone's experience. Just note to newbies that you can start small, if you lose that's fine, if you profit then that's actually good. It's a win-win situation if you do it on your own.

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October 12, 2023, 12:40:24 PM
 #168


I think I’ll reiterate this popular opinion: Bitcoin trading isn’t for newbies.
It’s always best to learn from someone’s mistakes so when  the majority of opinions from other members recommends gaining more knowledge and experience, the last thing you should feel is discouraged.

It was not just learning from someone's mistake but our personal mistakes. And it is not just we learn but have to do something to avoid such events. Most newbies come to invest with empty knowledge about it and no wonder why they will lose. We often give advice to DYOR, spend time learning to trade, don't rush- and all we did are a sort of investment warnings but too unfortunate that many we're tend not to listen but instead make their own way.

If they only just know how risky Bitcoin investment is, I could imagine that only a few people could take it. But it is not what we see, more and more newbies come because of this - "instant profit" which is circulated on the internet.


That's why I don't often and don't give too much advice to newbies.  to me, there is no more useful advice than letting them experience the market and learn their own lessons.  free advice and lessons are often looked down upon and only when they pay with their own money will they appreciate what they learn.  there is no better teacher than personal experience, so let beginners do what they think is right, newbies will be very stubborn so let the market teach them.

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October 12, 2023, 12:50:59 PM
 #169

If they only just know how risky Bitcoin investment is, I could imagine that only a few people could take it. But it is not what we see, more and more newbies come because of this - "instant profit" which is circulated on the internet.

It's unfortunate that many new investors are drawn in by the promise of quick profits and fall into the traps set by scammers. Some newbies even believe in unrealistically high monthly returns, like 10%, which often leads them into Ponzi schemes that capitalize on the popularity of Bitcoin.

Now, when it comes to genuine Bitcoin enthusiasts, it can be frustrating to see some newbies not conducting basic research before asking questions. These questions can often be easily answered through a quick Google search. As a Hero member, I believe that newbies should learn the ropes the hard way instead of being spoon-fed, as this is a valuable tool to help them avoid falling victim to scams in the risky world of cryptocurrency.

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October 12, 2023, 01:00:32 PM
 #170

I can't deny that there are types of users who reply with words that are a little harsher than usual which might make beginners a little uncomfortable.
But believe me there are more friendly people here. Even though sometimes their delivery method is a little unfriendly, believe me it is for the good of the beginner. And it would indeed be better if the way of conveying information, whether in the form of criticism or suggestions, could be in language that was smoother but easier to understand.

But in discussion forums things like this are commonplace. And I actually enjoy the diversity of characters and characteristics of the users on this forum. Because this diversity makes everything more lively and not boring.

But I agree that we all start as beginners. And yes I understand how it felt when I was also a beginner. But what I do is continue to think positively and take lessons from everything I have gone through and encountered. Likewise on this forum. And after I felt how I was treated when I was a beginner, I also learned to treat them as best as I could.
So keep learning and stay enthusiastic. Because remember, sometimes a teacher who is strict with his students actually makes the students smarter. as long as the student continues to think positively about his teacher.

So keep positif thinking
We can't expect everyone to be always at their kind words on giving suggestions and criticisms, because we all know that everyone here has its own way of teaching and sharing their knowledge and experiences on the persons that needs their thoughts and advices. But rest assured that everyone here really aims for the best most especially when it comes to teaching newbies. However, my point is if you can't deal with those harsh words in the forum, then how would you expect to deal with the risks in trading when it's even more risky and dangerous for newbies? So the people here are just motivating those newbies to stay strong and positive minded despite of the high risks in trading, even if it means not using soft words that will encourage the newbies to learn trading.

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October 12, 2023, 02:39:44 PM
 #171

I also hate seeing many people here discouraging newbies to either Learn first or Never invest if you are not ready , because for me if we are talking about bitcoin ? the only knowledge the person should know is that the readiness to wait and risk.
Hmm it is a bit of an accusation really. I think our community is healthy enough to tell newbies to learn first, read first, or explore first rather than 'Just buy and forget it, open it in 5 years'. The sentence "Never invest if you are not ready" isn't that harsh at all, this just means that you need to be ready if you want to invest and don't expect too much. I guess people only discourage someone if they know, from impression that the person who is asking isn't really into crypto or does not read first at all and began asking stuff about crypto, I won't discourage that kind of person, I'll just ignore it and let the my silence talk.

buy now and wait for the bull run.
When you said "readiness to wait" I'm not sure what you really mean by this.
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October 12, 2023, 03:53:56 PM
 #172


I think I’ll reiterate this popular opinion: Bitcoin trading isn’t for newbies.
It’s always best to learn from someone’s mistakes so when  the majority of opinions from other members recommends gaining more knowledge and experience, the last thing you should feel is discouraged.
It is not that bitcoin trading is not for newbies, the thing is that newbies should not rush into trading because of how complex and complicated bitcoin trading can be for newbies. If newbies wants to go into trading it is better for them to take their time and learn to understand it and never to rush to trade with huge amount.  I think newbies starting with a small fraction of capital will be better because this will be an experience that will help them as they proceed in trading . The truth is that  as trading is concerned everyone needs experience,  so it is needful for newbies to learn learn first and not to rush starting with a big capital to trade,  small capital will be better that one can afford to lose.

R


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October 12, 2023, 04:08:07 PM
 #173

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
That's a warning isn't it limiting beginners from getting involved in trading, you have to separate advice from limiting beginners' interest? They try to say something that happened according to reality that beginners are not advised to get involved in trading when they have not mastered technical or other basic things. There is nothing wrong with that reminder and for me reminding each other is an effort to maintain a level of sanity because we cannot live alone without listening to the advice of other people who are more experienced.

No one is born as a professional trader and that is why reminding each other is an effort to look after each other. Make criticism an effort for us to become more developed and in this online forum we must have thicker skin to respond to every person's criticism. If a person is not ready to accept criticism then this place is not suitable for him and I don't think there is anything wrong with such criticism.
Really now? We drag beginners back with "well-intentioned" advice every time they start Bitcoin? We know its risky and fickle. Isnt that the point of trading? If a newbie shouldnt trade without technical knowledge, how will they learn? Learning involves experience, mistakes, and losses. Bitcoin is a passion and future for many.

But this annoying issue continues recurring. Genuine advice is sometimes misinterpreted as discouragement. As you indicated, this site may not suit those who can't take criticism. Let's distinguish criticism from overprotection. The world of Bitcoin is huge, intriguing, and occasionally scary. But lets stop treating newcomers like fragile and let them experience Bitcoin trading's roller coaster.

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October 12, 2023, 05:55:43 PM
 #174

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.

I believe most persons try to make those discouraging remarks maybe because of their experience in trading. trading is not something you will just wake up and want to do as a newbie, considering how volatile the market is.
 you need to have a mentor or somebody you are under his tutelage to guide you on how to navigate the market. So don't really see it as a discouraging remark, just see it some sort of advise as against you going into what you're not well groomed on.
As a newbie without proper knowledge of the bitcoin market, trust me you will blow your account.

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October 12, 2023, 06:11:54 PM
 #175

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
That's a warning isn't it limiting beginners from getting involved in trading, you have to separate advice from limiting beginners' interest? They try to say something that happened according to reality that beginners are not advised to get involved in trading when they have not mastered technical or other basic things. There is nothing wrong with that reminder and for me reminding each other is an effort to maintain a level of sanity because we cannot live alone without listening to the advice of other people who are more experienced.

No one is born as a professional trader and that is why reminding each other is an effort to look after each other. Make criticism an effort for us to become more developed and in this online forum we must have thicker skin to respond to every person's criticism. If a person is not ready to accept criticism then this place is not suitable for him and I don't think there is anything wrong with such criticism.
Really now? We drag beginners back with "well-intentioned" advice every time they start Bitcoin? We know its risky and fickle. Isnt that the point of trading? If a newbie shouldnt trade without technical knowledge, how will they learn? Learning involves experience, mistakes, and losses. Bitcoin is a passion and future for many.

But this annoying issue continues recurring. Genuine advice is sometimes misinterpreted as discouragement. As you indicated, this site may not suit those who can't take criticism. Let's distinguish criticism from overprotection. The world of Bitcoin is huge, intriguing, and occasionally scary. But lets stop treating newcomers like fragile and let them experience Bitcoin trading's roller coaster.
But then again those are just advice and our own take, the final decision is still in their hands. If they are really determine to invest or hold then they will continue to do so no matter what we say. It's not that we are treating newbies like they're fragile individuals, it's more like we're just being honest based on what we know and our experiences that answers their inquiries and questions, if they take that as a discouragement and take it to heart so much so that it pushes them to stop their Bitcoin journey then that's on them.

.
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October 12, 2023, 10:46:50 PM
 #176

It is not that bitcoin trading is not for newbies, the thing is that newbies should not rush into trading because of how complex and complicated bitcoin trading can be for newbies. If newbies wants to go into trading it is better for them to take their time and learn to understand it and never to rush to trade with huge amount.  I think newbies starting with a small fraction of capital will be better because this will be an experience that will help them as they proceed in trading . The truth is that  as trading is concerned everyone needs experience,  so it is needful for newbies to learn learn first and not to rush starting with a big capital to trade,  small capital will be better that one can afford to lose.

I get what you’re saying. If someone new to trading and decides to acquire knowledge while patiently learning the ropes, that person won’t be seen nor tagged as a newbie anymore after having sufficient understanding of what trading entails.
I had thought it was obvious I was speaking figuratively. I do know people are free to hastily and ignorantly involve themselves and their funds with something they are yet to reasonably understand.
Most newbies, perhaps being a bit too eager fail to fully grasp risks involved.

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October 12, 2023, 11:23:37 PM
 #177

Because trading is not foe those who don't have the basic knowledge about it and as a newbie you have not really grounded on the trading so if you went ahead and trade you will loss everything you have and that is why experts are advising people not to trade at the tender age of the trading platforms. If you will trade then you have to know the basic Elements of trading. But if you know that you can do that then no problem.
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October 12, 2023, 11:46:06 PM
 #178


I think I’ll reiterate this popular opinion: Bitcoin trading isn’t for newbies.
It’s always best to learn from someone’s mistakes so when  the majority of opinions from other members recommends gaining more knowledge and experience, the last thing you should feel is discouraged.
It is not that bitcoin trading is not for newbies, the thing is that newbies should not rush into trading because of how complex and complicated bitcoin trading can be for newbies. If newbies wants to go into trading it is better for them to take their time and learn to understand it and never to rush to trade with huge amount.  I think newbies starting with a small fraction of capital will be better because this will be an experience that will help them as they proceed in trading . The truth is that  as trading is concerned everyone needs experience,  so it is needful for newbies to learn learn first and not to rush starting with a big capital to trade,  small capital will be better that one can afford to lose.

I also admit that trading is not for newbies as it will cause them more losses than profits. But I think there is nothing wrong with what OP said, I think instead we should not say that they should stay away from trading. Why don't we tell them to start with the minimum amount to avoid big losses. Because no matter how long you have been in the market or how much knowledge you have, without trading experience you will always be new to trading. Only when we participate in trading and gain experience from it can we become a professional trader. Everyone has a beginning and no one can become a professional trader with a lot of knowledge but no practical experience.

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October 13, 2023, 02:59:34 AM
 #179


I think I’ll reiterate this popular opinion: Bitcoin trading isn’t for newbies.
It’s always best to learn from someone’s mistakes so when  the majority of opinions from other members recommends gaining more knowledge and experience, the last thing you should feel is discouraged.
It is not that bitcoin trading is not for newbies, the thing is that newbies should not rush into trading because of how complex and complicated bitcoin trading can be for newbies. If newbies wants to go into trading it is better for them to take their time and learn to understand it and never to rush to trade with huge amount.  I think newbies starting with a small fraction of capital will be better because this will be an experience that will help them as they proceed in trading . The truth is that  as trading is concerned everyone needs experience,  so it is needful for newbies to learn learn first and not to rush starting with a big capital to trade,  small capital will be better that one can afford to lose.

I also admit that trading is not for newbies as it will cause them more losses than profits. But I think there is nothing wrong with what OP said, I think instead we should not say that they should stay away from trading. Why don't we tell them to start with the minimum amount to avoid big losses. Because no matter how long you have been in the market or how much knowledge you have, without trading experience you will always be new to trading. Only when we participate in trading and gain experience from it can we become a professional trader. Everyone has a beginning and no one can become a professional trader with a lot of knowledge but no practical experience.


I agree with your views and opinions. Instead of always advising newbies to stay away from trading, we should advise them to start with the smallest capital to avoid serious losses. Because we will always be newbies if we do not experience it, whether it is trading or investing. Even if we are long-time holders, when we start trading, we are a newbie. So let the newbies start with what they want, and we just need to remind them to start with minimal capital. We shouldn't be harsh when giving advice as if we're pushing them away like the OP is thinking.

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October 13, 2023, 07:11:01 AM
 #180

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
Well that's how forums work, you ask something and people answer you, based on what they think is right. And it is a fact that vast majorify of people would have more bitcoin if they just hold what they have, instead of trying to increase it by trading. To be a successful trader you need years of practice and a lot of money spent and that's not something that an average trader is willing to do. Instead, they try trading for few months, lose money and probably never come back so why even start at the first place?


Bitcoin is for everyone, and no one should be left behind.
What trading has to do with it?
People in the forum do not like beating around the bush, instead they tell exactly direct to the point even if it means discouraging the newbies from trading because they aren’t supposed to trade in the first place. These people do not discouraged these newbies from bitcoin, but they want to simply warn those newbies not to engage in trading because they are still highly susceptible to losses. And knowing newbies when they suffer consistent losses, they end up blaming bitcoin, and refuse to admit that it’s their lack of knowledge and wrong mindset that made them suffer from trading losses.

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October 13, 2023, 10:29:53 AM
 #181

It is not that bitcoin trading is not for newbies, the thing is that newbies should not rush into trading because of how complex and complicated bitcoin trading can be for newbies. If newbies wants to go into trading it is better for them to take their time and learn to understand it and never to rush to trade with huge amount.  I think newbies starting with a small fraction of capital will be better because this will be an experience that will help them as they proceed in trading . The truth is that  as trading is concerned everyone needs experience,  so it is needful for newbies to learn learn first and not to rush starting with a big capital to trade,  small capital will be better that one can afford to lose.

I get what you’re saying. If someone new to trading and decides to acquire knowledge while patiently learning the ropes, that person won’t be seen nor tagged as a newbie anymore after having sufficient understanding of what trading entails.
I had thought it was obvious I was speaking figuratively. I do know people are free to hastily and ignorantly involve themselves and their funds with something they are yet to reasonably understand.
Most newbies, perhaps being a bit too eager fail to fully grasp risks involved.


Understanding and entering the emotional and financial rollercoaster of trading, especially in Bitcoin, requires mental strength, right? Exploring such a region with the goal to learn and adapt requires courage. The cryptocurrency market fluctuates, confusing even the most experienced traders.

How do we create an environment where learning and failures are actively encouraged? A location where the “newbie” and “seasoned trader” divide isnt so clear and isolating? Building a community where support, education, and mentorship are openly available could reduce judgment and promote collective progress in cryptocurrency trading.

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October 13, 2023, 11:05:49 AM
 #182

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
Well that's how forums work, you ask something and people answer you, based on what they think is right. And it is a fact that vast majorify of people would have more bitcoin if they just hold what they have, instead of trying to increase it by trading. To be a successful trader you need years of practice and a lot of money spent and that's not something that an average trader is willing to do. Instead, they try trading for few months, lose money and probably never come back so why even start at the first place?


Bitcoin is for everyone, and no one should be left behind.
What trading has to do with it?
People in the forum do not like beating around the bush, instead they tell exactly direct to the point even if it means discouraging the newbies from trading because they aren’t supposed to trade in the first place. These people do not discouraged these newbies from bitcoin, but they want to simply warn those newbies not to engage in trading because they are still highly susceptible to losses. And knowing newbies when they suffer consistent losses, they end up blaming bitcoin, and refuse to admit that it’s their lack of knowledge and wrong mindset that made them suffer from trading losses.

Right. You will a lot from here. People in here give both straight, no sugarcoating words and motivation. I think it is better for newbies to be warned upfront about the risks than regret things later. But this is different from discouragement. Maybe, we’ll read a lot of that from here too but it is up to us to filter the information we absorb. We need facts.

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Natalim
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October 13, 2023, 11:12:16 AM
 #183


I also admit that trading is not for newbies as it will cause them more losses than profits. But I think there is nothing wrong with what OP said, I think instead we should not say that they should stay away from trading. Why don't we tell them to start with the minimum amount to avoid big losses. Because no matter how long you have been in the market or how much knowledge you have, without trading experience you will always be new to trading. Only when we participate in trading and gain experience from it can we become a professional trader. Everyone has a beginning and no one can become a professional trader with a lot of knowledge but no practical experience.
If we keep insisting that trading is not for newbies, then we can never expect anyone to become a trader anymore. But it was wrong and besides, all trader has been a newbie before and have less trading knowledge but I believe that learning can't be instant as we can't take all the things we need to know if we just keep on reading and watching videos. But what it gives us more knowledge is to do it in actual. We were once a newbie before we became pro traders, so the claim is wrong. But if we say that trading is not for everyone, that seems right.

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October 13, 2023, 12:34:51 PM
 #184

People in the forum do not like beating around the bush, instead they tell exactly direct to the point even if it means discouraging the newbies from trading because they aren’t supposed to trade in the first place. These people do not discouraged these newbies from bitcoin, but they want to simply warn those newbies not to engage in trading because they are still highly susceptible to losses. And knowing newbies when they suffer consistent losses, they end up blaming bitcoin, and refuse to admit that it’s their lack of knowledge and wrong mindset that made them suffer from trading losses.
It does imply that the people on this forum consistently emphasize the importance of being cautious about risks, without the intention of discouraging anyone from engaging in trading. Our lives are our own responsibility. Let's avoid making decisions that we'll later regret. Informing beginners about the risks involved in trading not only serves as a forewarning but also provides insight into what novices may encounter. Thus, to prevent beginners from becoming disheartened, it's crucial to understand from the outset that trading cryptocurrencies carries relatively high risks.

Certainly, no one is preventing you from diving right into buying Bitcoin, but don't be surprised if the results you achieve fall far from your expectations. This may be because you're following individuals with a high skill level in Bitcoin trading, while beginners are still grasping the nuances of the market prices.
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October 13, 2023, 02:53:44 PM
 #185

If we keep insisting that trading is not for newbies, then we can never expect anyone to become a trader anymore. But it was wrong and besides, all trader has been a newbie before and have less trading knowledge but I believe that learning can't be instant as we can't take all the things we need to know if we just keep on reading and watching videos. But what it gives us more knowledge is to do it in actual. We were once a newbie before we became pro traders, so the claim is wrong. But if we say that trading is not for everyone, that seems right.

Is best to even bring those newbies into the light than pushing them away just because some of us thinks the newbies can't do better or have no idea of trading. I believe that if we start giving those who are willing to learn much attention, that all these talks about not giving newbies the chance to engage in trading won't come up in the first place, ones you see anyone who lacks the knowledge of doing something and wants to learn you teach them if you have what it takes to educate them on what they want to learn rather than casting them out.

R


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October 13, 2023, 08:29:36 PM
 #186

If we keep insisting that trading is not for newbies, then we can never expect anyone to become a trader anymore.
Actually trading is for everyone irrespective of who knows and who doesn't no, but however if someone may said trading is not for newbies perhaps he didn't mean newbies can never trade but however I think what they may be actually saying is that newbies shouldn't rushed into trading while they don't have any knowledge about trading to avoid losing money.

Because most of the newbies normally see trading as an easy way to make money without knowing the dynamics involved, so actually nobody is discouraging any newbies but instead they are actually trying to educate the newbies on what is to be considered before going into it because venturing into something you don't understand you tend to fall into a victim.

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Sexylizzy2813
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October 14, 2023, 12:16:23 PM
 #187

Actually trading is for everyone irrespective of who knows and who doesn't no, but however if someone may said trading is not for newbies perhaps he didn't mean newbies can never trade but however I think what they may be actually saying is that newbies shouldn't rushed into trading while they don't have any knowledge about trading to avoid losing money.

I don't get it, when is the right time to say is time for novice to start trading? Because from what you said is like a newbie have to wait for a particular time before being allowed to trade. Is it not best to let the person in question to show that ambition of getting into trading, ones this has come to light then you having the trading experience should do the needful because time waits for no one, especially when someone is ready to do something and you be the one to say you're not ready. An individual can be ready and not being in a hurry but waiting for you to put him or her through.

Quote
Because most of the newbies normally see trading as an easy way to make money without knowing the dynamics involved, so actually nobody is discouraging any newbies but instead they are actually trying to educate the newbies on what is to be considered before going into it because venturing into something you don't understand you tend to fall into a victim.

Those are the desperate ones, we have them in bulk in this Forum and is the same thing we do talk about new members desperately flying to reach that hight of a legendary members without following the right procedure of this forum, some people thinks the way it works for others is the same way it will work for them.
These are the set of people that deserves this thread topic, they should be discouraged since they don't want to know how to go about things concerning trading.

R


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Best-mary
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October 14, 2023, 12:18:02 PM
 #188

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.

Yeah, I understand your pain. I have seen someone here in this forum discouraging someone from trading. It's really bad but you wouldn't give up either way. Don't let others define you. First what you do is find the basic places you could learn about trading ( some exchanges offer such knowledge) then you can read books and maybe try copy trading if you want

I believe in Crypto| BTC Analyst| Trader in good Cex (Bitget and Binance)
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October 14, 2023, 04:40:05 PM
 #189

Yeah, I understand your pain. I have seen someone here in this forum discouraging someone from trading. It's really bad but you wouldn't give up either way. Don't let others define you. First what you do is find the basic places you could learn about trading ( some exchanges offer such knowledge) then you can read books and maybe try copy trading if you want
Nothing can prevent someone from learning, especially if the intention is born from the bottom of his heart with a good enough spirit. A person will continue to try to learn whatever he cannot do in better ways so that he can do what he really likes. If someone really likes trading, of course the main thing is to learn everything related to trading along with how to use the big exchanges when they want to choose the cryptocurrency that they want to trade. So keep learning without having to pay attention to what other people say.
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October 15, 2023, 05:35:23 AM
 #190

Yeah, I understand your pain. I have seen someone here in this forum discouraging someone from trading. It's really bad but you wouldn't give up either way. Don't let others define you. First what you do is find the basic places you could learn about trading ( some exchanges offer such knowledge) then you can read books and maybe try copy trading if you want

When someone has that motivation of doing something that he loves and you discourage that person I don't think it would be easy to convince him or her to go back to that idea ever again.
The best is never to speak ill about that person's intentions or rather you use supportive words to lift that person up no matter how long it takes before learning and be good at it, is worth it I'll tell you for free.
If someone is ready to trade just encourage and support whosoever that person is rather than killing the person's dream of becoming a better trader.

R


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October 15, 2023, 09:45:30 AM
 #191

Yeah, I understand your pain. I have seen someone here in this forum discouraging someone from trading. It's really bad but you wouldn't give up either way. Don't let others define you. First what you do is find the basic places you could learn about trading ( some exchanges offer such knowledge) then you can read books and maybe try copy trading if you want

When someone has that motivation of doing something that he loves and you discourage that person I don't think it would be easy to convince him or her to go back to that idea ever again.
The best is never to speak ill about that person's intentions or rather you use supportive words to lift that person up no matter how long it takes before learning and be good at it, is worth it I'll tell you for free.
If someone is ready to trade just encourage and support whosoever that person is rather than killing the person's dream of becoming a better trader.
Yes, because if you really want to pursue what you want, whatever anyone say, you will still do it and prove that you can do it.
I see some high rank that gives advice to few newbies asks egarding trading. For me, they are not speaking ill, newbies should never treat it as a discouragement. You see, they have their experience and advising what the newbies need to do first. It is not about stopping but to get more knowledge before doing trading.



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Sexylizzy2813
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October 15, 2023, 11:45:08 AM
 #192

Yeah, I understand your pain. I have seen someone here in this forum discouraging someone from trading. It's really bad but you wouldn't give up either way. Don't let others define you. First what you do is find the basic places you could learn about trading ( some exchanges offer such knowledge) then you can read books and maybe try copy trading if you want

When someone has that motivation of doing something that he loves and you discourage that person I don't think it would be easy to convince him or her to go back to that idea ever again.
The best is never to speak ill about that person's intentions or rather you use supportive words to lift that person up no matter how long it takes before learning and be good at it, is worth it I'll tell you for free.
If someone is ready to trade just encourage and support whosoever that person is rather than killing the person's dream of becoming a better trader.
Yes, because if you really want to pursue what you want, whatever anyone say, you will still do it and prove that you can do it.
I see some high rank that gives advice to few newbies asks egarding trading. For me, they are not speaking ill, newbies should never treat it as a discouragement. You see, they have their experience and advising what the newbies need to do first. It is not about stopping but to get more knowledge before doing trading.

Some may say don't go into trading that you have no idea of what you're getting in, fine that's it but if you think he doesn't know what he's getting into and you have seen it that the in question have that zeal of doing that thing, what stops you from teaching that person?
What I'm saying is that some members just choose not to educate those newbies who wants to get into trading, they have the experience but they just rob it on the faces of newbies that they don't have what it takes to be a trader or getting into trading, which is bad. We learn everyday so no one is above learning.

R


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Nwada001
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October 15, 2023, 11:58:32 AM
 #193

Yeah, I understand your pain. I have seen someone here in this forum discouraging someone from trading. It's really bad but you wouldn't give up either way. Don't let others define you. First what you do is find the basic places you could learn about trading ( some exchanges offer such knowledge) then you can read books and maybe try copy trading if you want
We must not expect everyone to buy into our idea or have the same opinion as us. I believe there are members who will discourage you from partaking in trading as a newbie, and there are also some that will ask you to start. These are people with different opinions, and they have their own reasons for saying whatever they say.
 
Anyone who advises any newbie not to go into bitcoin trading is just looking at the risk perspective and advising the person to play it safe and don't endorse such risk as the newbie might not yet be ready for such.
 
Those advising you to start where ever you can also mean well for the newbie as anyone can learn from anywhere and we don't just know one thing without starting from scratch, so taking a few lessons, maybe start from a demo account for trading, do some reading and reacher, then make your conclusions and start from somewhere. Everyone has their own beliefs and career to chase, so mere words from members can't kill that dream for anyone who is determined.
 
I don't question others judgements. I just give advice based on what I think is right for me to do, and every other person can do the same thing. It's now left for the person in question who wants to engage in trading to choose what's right for him.

R


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MarjorieZimmermanGinger
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October 15, 2023, 02:44:50 PM
 #194

Really now? We drag beginners back with "well-intentioned" advice every time they start Bitcoin? We know its risky and fickle. Isnt that the point of trading? If a newbie shouldnt trade without technical knowledge, how will they learn? Learning involves experience, mistakes, and losses. Bitcoin is a passion and future for many.

But this annoying issue continues recurring. Genuine advice is sometimes misinterpreted as discouragement. As you indicated, this site may not suit those who can't take criticism. Let's distinguish criticism from overprotection. The world of Bitcoin is huge, intriguing, and occasionally scary. But lets stop treating newcomers like fragile and let them experience Bitcoin trading's roller coaster.
Yes and of course that is the answer if someone understands, but beginners' mistakes are not learning to understand people's criticism and they are too quick to take offense. Learning can be done by getting involved in small trades first and I don't think that is limiting for beginners but rather they have to find a way first in order to gain mature experience in trading. The nature of beginners who are lazy and too quickly offended will never make them develop and criticism should be interpreted as a step for them to become more advanced.

Go back to them and if the criticism is considered annoying to them there is no problem because this is an online forum and no one cares if in the end they act like they don't want to be criticized. But wise beginners will correct any criticism made by others because it is actually just a reminder so that they do not make repeated mistakes when involved in trading.

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Davidvictorson
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October 15, 2023, 03:02:49 PM
 #195

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
Bitcoin trading is not for newbies is a statement that is true depending on who is saying it. A newbie can learn how to trade but trading comes with a lot of risk and if the newbie is not well informed or knowledgeable he or she we lose a ton of money. Why many people say that as a newbie it is better to hold your bitcoin down to trade it. Personally I would say that a newbie has to spend a lot of time which trading simulation software until they feel that they have the capital to go in to trading. And this capital must be money that they can afford to lose.

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October 15, 2023, 05:05:59 PM
Merited by fillippone (1)
 #196

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

They're not trying to discourage us, mate. What their try to saying is that we should learn enough about Bitcoin trading before start. since trading carries has a lot of risk, and if we beginners don't understand how to minimize it, it could result in financial loss. That's why any newcomer that comes here and wants to start trading they will advice him to go and conduct additional research so that he can figure out how to start.
Quote

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

Thanks.

Relax, my brother. We also take care of your pain.  No one is born a trader, it's true, but sometimes you have to invest a lot of time learning what you don't understand so that even when you start, nothing will be challenging. Without knowledge, there can be no wisdom in this life since knowledge directs you in the proper route.

Is not that they stop newbie from trading, What people are trying to say is that even though newbie want to trade, let him trade with amount you can afford to lose.

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October 16, 2023, 05:54:10 PM
 #197

I also hate seeing many people here discouraging newbies to either Learn first or Never invest if you are not ready , because for me if we are talking about bitcoin ? the only knowledge the person should know is that the readiness to wait and risk.
buy now and wait for the bull run.
that is the only essence I believe matter in Bitcoin.
those other advises are for Altcoin or shitcoin investors because they are mostly the one that will fall into wrong decisioning and wrong buying.
but since this is bitcoin section and discussion , then why a need to big knowledge?
just learn your plans and capacity , but just only invest the amount you can carry to lose if ever there is a wrong turn in time.
I've never seen anyone discouraging a newbie from buying Bitcoin, they might have asked them to learn the risks before getting involved and I don't find anything bad in that because even if someone is planning to just buy and hold, they still need to at least understand how the market basically moves and that Bitcoin can also drop in price and it doesn't just keep going up because most people start panicking later on if they don't know this fact from the beginning.

However, others and I, always ask newbies to avoid getting into trading before they can learn everything they need to know because buying and holding Bitcoins doesn't fall under the category of trading, it can be called an investment and that might not require a lot of knowledge but trading isn't something that can be done so easily and one surely requires some knowledge before they venture into it.

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November 15, 2023, 07:55:14 PM
 #198

However, others and I, always ask newbies to avoid getting into trading before they can learn everything they need to know because buying and holding Bitcoins doesn't fall under the category of trading, it can be called an investment and that might not require a lot of knowledge but trading isn't something that can be done so easily and one surely requires some knowledge before they venture into it.

During my time or do I say when started I never put interest in trading due to the fear that engulfed me and I was thinking immediately I venture into trading I would lose all my funds but it's not like that, so then what I did was to buy and hold because I was so much interested in spreading the words of bitcoin to people around as a bitcoiner but then few people suggested that I should be a holder ( that is, to lived by example) which I did buy my first bitcoin then and I am still holding till date. Then after that I do have the positive vibes in me that I am now a bitcoin holder or a bitcoiner because I can know what is bitcoin how to secure it especially about the security aspect..

.. all these while I never thought of trading because of the risk involved and I have read some numerous stories on how people lost their funds while trying to trade and I have also came across a post here a user said of how he could become a successful trader after losing his money and he keeps losing, what to do to stop it. Usually as beginners we are always desperate they want to have it when hot instead of to take it easy and plan well towards their trading journey. What i does most times is that I don't actually discouraged any one about their decision to whatever they've decided to venture into because I will also give them the disadvantage and the advantages so that they go and make their final decision and, if there are any resourceful material I don't mind sharing it so that they could learn at least to know and have the idea of what they are about venturing.

Most reputable users trying as much as possible to limit newbies from risking their hand earned money to what they knows they can't master it immediately but due to how hasten they may tends to be they would likely fall into victim causing people to always advise newbies in everything they are doing. Other example is, I know most of the newbies always hunts for airdrop but they can't have this simple sense that scammers are just using airdrop to entice them to be able to phish their wallet that is why it's always advisable or encourageable not to use a wallet were they store their funds to participate in airdrop campaign otherwise they will be scammed. So from what op is saying nobody is stopping newbies not to make progress rather they are encouraging them to be very mindful with the way they go about with trading.

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November 15, 2023, 08:44:48 PM
 #199

Why people always advice newbie against inpending dangers associated with trading, is the Risk involved. In my own understanding I see that those who are educating you on what to do have seen or have come into conclusion to that beyond reasonable doubt that trading is a quick way of loosing your fund. what the old investors have seen in trading, they take it as a priority to teach you about the inpending dangers ahead. But never mind you will not understand. There is a parable that says " what an elder sees while sitting even if a child climbs the higher tree he can never see" meaning that no matter how they explain to you you will not understand until you encounter the dangers before you learn.

But if you are smart you learn from the mistake of another person rather than fall thesame victim before you learn. What ever dey tell you is for your own good. But if you choose trading it's fine but don't forget that holding for long is the best option.

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November 15, 2023, 10:43:45 PM
Merited by KiaKia (2), Abbatty (2), fillippone (1), iBaba (1)
 #200

I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”
When a newbie or someone else wants to start up something in crypto that won't be as profitable for them as they do it, the majority of the forum members will tell them the risk involved and caution them of the steps they are about to take, so that they will be aware of what's ahead of them.

When you find the forum members cautioned more about a particular thing like trading towards newbies, don't take it as the forum members are trying to discourage them but take it to be as advice given to them.

The majority of the forum members here, can't keep quiet to allow the newbies to start trading without first of all, telling them to learn and master it before trading. For us not to tell the newbies that, means that the majority of us here want them to lose their money on trading.

In conclusion, what you should know is that the btt forum is not built on sugarcoating words for the newbies or anyone else when they want to do anything that won't go well with them on crypto. Take the advice on newbies about trading to be advice not as a discouraging word given to them.

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Ever-young
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November 16, 2023, 09:45:16 PM
 #201

I don’t think have read about it on this forum that trading isn’t for newbies rather the message I have seen or read here is always “trading is not for the less knowledgeable” and by definition it certainly right that trading is not for those that do not have knowledge and that is why what you will always read from the forum is try to do your own research before trading or better still most will tell you to just invest and hodl bitcoin has that doesn’t need lots of knowledge like trading which you need to learn it’s analysis like the fundamentals and Technical.

I think I've come across a thread where a newbie posted and was expressing his concern and fear of what turn Bitcoin might take, from the thread, the newbie had just started his Bitcoin journey but had a few uncertainties that only needed the experienced Bitcoiners to guide and teach him how to overcome his fears, but a few persons on the thread literally asked him to quite Bitcoin if he knew he would be exhibiting fear, which is absolutely wrong. Yes of a truth, everyone on this forum have different opinions and ideas about things but then they should also be considerate and know that they didn't get to where they're now in just a sudden flight, there were times they also felt that same pressure and anxiety in their earlier days so forgetting that they ever went through that stage and saying such a thing to a newbie who only needs guidance is totally wrong. I stand to be corrected.

Hypnosis00
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November 16, 2023, 09:59:29 PM
 #202


But if you are smart you learn from the mistake of another person rather than fall thesame victim before you learn. What ever dey tell you is for your own good. But if you choose trading it's fine but don't forget that holding for long is the best option.
That is the best thing to do but some people have thought that what happened to early investors and those who fall into scams will also happen to them making them stay away and afraid of taking the risk.
Well, the lack of education makes their mind closed to see the real potential of Bitcoin, and teaching them is a big challenge.
But on the other side of saying that Bitcoin is risky, it doesn't mean that we discourage newbies but instead, it serves them a warning in order for them not to underestimate crypto, and at least, they are aware of what they gonna do.

R


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November 16, 2023, 11:02:33 PM
 #203

Why people always advice newbie against inpending dangers associated with trading, is the Risk involved. In my own understanding I see that those who are educating you on what to do have seen or have come into conclusion to that beyond reasonable doubt that trading is a quick way of loosing your fund. what the old investors have seen in trading, they take it as a priority to teach you about the inpending dangers ahead. But never mind you will not understand. There is a parable that says " what an elder sees while sitting even if a child climbs the higher tree he can never see" meaning that no matter how they explain to you you will not understand until you encounter the dangers before you learn.

But if you are smart you learn from the mistake of another person rather than fall thesame victim before you learn. What ever dey tell you is for your own good. But if you choose trading it's fine but don't forget that holding for long is the best option.

For those stubborn people who don't want to listen to other people's advice and think we're stopping them from getting into bitcoin. The best way is to let them experience and learn lessons for themselves. Sometimes free advice will not be valued, things paid for in money will be more appreciated. That's why I rarely advise new people because they are very stubborn and always think they are right. I think everyone needs to have experiences and we should let them have those experiences, not prevent them.

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