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Author Topic: Stop discouraging Newbies from Bitcoin...  (Read 1307 times)
CageMabok
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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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Josefjix
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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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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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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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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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Victorik
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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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bayu7adi
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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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usekevin
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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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