Stop discouraging Newbies from Bitcoin...

[BlackHatCoiner]

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.  

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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[deathcode]

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.

[BitDane]

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.

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.

[lalabotax]

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.

[AmoreJaz]

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.

[Lorence.xD]

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.

[BVeyron]

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.

[JoyMarsha]

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.

[lionheart78]

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

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.

[Woodie]

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

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.

[BigBos]

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.

[Humblevirus]

 
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.

[JunaidAzizi]

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 . 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.

[crwth]

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.

[danherbias07]

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.

[GreatArkansas]

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.

[wxa7115]

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.

[Oasisman]

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.

[Ale88]

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.

[reagansimms]

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.