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Author Topic: Stop discouraging Newbies from Bitcoin...  (Read 1603 times)
BITCOIN4X
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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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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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Marvell1
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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.

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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.
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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happen or be a part of it"

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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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