As a newbie to crypto currency

[rachael9385]

New beginners to cryptocurrency trading are often thrown by the complexities of the market. It's crucial for beginners to start with thorough research and education, utilizing reliable resources and seeking guidance from experienced traders. Secondly, practicing with demo accounts can help build confidence and refine trading strategies before committing real funds. Another important tip is that if you spend money, then only a small percentage of your earnings, which is not critical for you to lose.

Well, the reason why you see comments like don’t trade and avoid trade is because any trader who lack the knowledge will not make profit at start and I believe you want to start trade and expect the profit to come so quick, this is normal and common, newly traders expect profit without passing through the learning process. Trading is not guaranteed 100% even an experienced trader can sometimes fail during the process but they’ll never share their experience so you don’t feel scared. When trading get so hard holding can stand as another alternative but I feel the need encouraging anyone who want to trade, note, don’t run after signals and other speculation because sometimes signals can be false and they share those signals for gain not minding your loss or gain but for their selfish interest .

Yes nah the point be that, many people wey no sabi anything about trading them feel like say Bitcoin trading nah one of the quickest way to earn in crypto. Yes I no doubt am say nah the quickest, but the main truth be say if you no get the Bitcoin trading knowledge you no go fit profile for Bitcoin trading, trading no dey easy as many newbies think am because steady you must dey active dey look the price wether e dey go down or e dey come up, and I also feel am say person wey dey trade Bitcoin suppose to get a good strategy.

[DaNNy001]

New beginners to cryptocurrency trading are often thrown by the complexities of the market. It's crucial for beginners to start with thorough research and education, utilizing reliable resources and seeking guidance from experienced traders. Secondly, practicing with demo accounts can help build confidence and refine trading strategies before committing real funds. Another important tip is that if you spend money, then only a small percentage of your earnings, which is not critical for you to lose.

Op first of all you are welcome to the forum. E get one talk wey our people dey talk say, learning never ends, even I dey like this I still dey learn everyday. And that Na good sign say person ready to grow for this life. As newbie wey com Jam place like this, your learning speed Na go determines how far you go go. Crypto currency Na something wey no too hard Na we just dey see like say Na one hard thing. Once you learn the basics, you are good to go, you fit start trading and other stuffs, while you still dey develop more experience by physically interacting with the network.

[Mate2237]

As a beginner, I will advise you to learn very well before embarking your trading journey if not you will be dashing them your money dem like. Me to don experienced am so if I see newbie dey tok about trading, I no dey advise am at all. And as a newbie you dey advise another newbies again omen make everyone no go fall inside the trap oh because that please is place dat is very dangerous. Op instead of coaching people on trading why don't you coach them on investment which have less risk. Investment no need too much trading but the basic knowledge about bitcoin is okay to start with before the person need the deep part later when him don know how to buy, sell and others.

Then through there, he can learn how to trade which di thing go even easy for am.

[Loveday422]

All you need is to pay serious attention to the forum and to learn how to make good sentence,also to observe from the senior members how they pay more attention to any topic that drop in this forum and how they follow up the topic,this are what every newbies should do

[Churchillvv]

I'm not a trader but I believe trading has some prerequisites that onr needs to meet you with before they can begin to gain substantial from the market but when a newbie fails to follow this patterns then it turns out to be flaw in them hence being prone to losses.

Here in the forum a lot of people do not like trading as they only buy and hold but if you're convinced enough to go in to trading I will encourage you to do such but you most know the first and don't that are involved before you can dive in fully.

Additionally I have seen that the difference between crypto traders and crypto investors have been made clear to you. Although we can use the world bitcoin instead of crypto investors because the way it seems it's more about holding bitcoin than any other coin.

[sotelorene]

You're very correct to some extent but as a newbie you are advice to abstain from anything trading or engaging yourself in anything that you are not yet qualify to do. Rushing things can lead you to nowhere or a point you will regret your decisions that leads to that point and in order to avoid all these I will advice you calm down, read threads thoroughly, do thorough research and also ask question not just question but relevant ones because if you ask irrelevant question you will see reply that won't be funny.

 Good luck.

[Jegileman]

This year suppose to be open eye for everyone say na HODLers dey gain m, just see how market dey behave since january though we dey bull season but any small dip you go see news about hundreds millions way traders don lost from leverage while the HODLers dey continue to make profit, traders dey get wins and lost. If you try calculate the total money way don lost for leverage this year you go see say the money don reach billions. JUST HODL

As a newbies to cryptocurrency in general, if you don’t come into the market with the intention of trading, the best thing to do is to Hold. As a newbie also, coming into the market with the intention of holding can still be first learned while holding to some coins and watch how the market transgress. Crypto trading and Hodling cryptocurrency are two different things that you need to trade and learn carefully. In as much as holding doesn’t need you to have plenty knowledge on it, you can always learn how to treat your emotions first because they’re very important when it comes to holding. Trading that requires more knowledge, after learning the basics, it isn’t bad to start trading from a demo account before gettin perfect but be ready to lose more money as it can cause you more lost than holding.