CreepyUncleJoe
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October 05, 2023, 12:37:48 PM Merited by JayJuanGee (1) |
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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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Initscri
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October 05, 2023, 05:40:39 PM Merited by JayJuanGee (1) |
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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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|MINER|
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October 05, 2023, 05:44:56 PM |
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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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DaNNy001
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October 05, 2023, 05:52:51 PM |
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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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Falconer
Legendary
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Activity: 2604
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Anonymous crypto exchanger
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October 05, 2023, 06:18:22 PM |
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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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terrific
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October 05, 2023, 06:45:55 PM |
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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 |
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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 |
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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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Yatsan
Legendary
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Leading Crypto Sports Betting & Casino Platform
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October 06, 2023, 03:16:40 PM |
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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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gabbie2010
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October 06, 2023, 05:34:35 PM |
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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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macson
Full Member
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Activity: 1078
Merit: 151
PredX - AI-Powered Prediction Market
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October 06, 2023, 06:10:53 PM |
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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,
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bitzizzix
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October 06, 2023, 06:49:27 PM |
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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
Legendary
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Activity: 3724
Merit: 1354
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October 06, 2023, 07:09:24 PM |
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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 |
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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. 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.
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gunhell16
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October 06, 2023, 10:48:26 PM |
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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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jeraldskie11
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October 06, 2023, 11:53:06 PM |
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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
Legendary
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October 07, 2023, 12:21:44 AM Merited by JayJuanGee (1) |
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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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adzino
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October 07, 2023, 02:45:49 AM |
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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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fuguebtc
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October 07, 2023, 04:35:29 AM |
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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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Yamifoud
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October 07, 2023, 05:36:11 AM |
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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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