The risk of learning bitcoin from a trader.

[Joy- maker]

I never had a proper up bringing into bitcoin, because I learnt bitcoin from a trader, and I believe many people here on this forum are victims too just like me.

Here are some risks of learning bitcoin from a trader.
I we just mention few because there are many risks of learning bitcoin from a trader.

1, a trader may only focus on trading strategies, rather than providing  a thorough understanding of bitcoin, because his just in for the quick money making in trading.

2, a trader we make you believe that, trading is the best and the easiest way to make money from bitcoin, and not the other way round.

3, a trader we make you believe on his expertise, which may hider you from carrying out your own research in other to improve yourself. Which am victim of this one, because I was depending on the person who introduced me into bitcoin.

4, a trader may not give you a legit information about bitcoin Volatility, it store of value and it potential returns when you invest in it.

5, a trader can manipulate you emotionally, to influence your decision making when it comes to bitcoin.

6, a trader can make you have over confidence, which may lead you to reckless decision making and poor risk management.

7, a trader can make you believe that with bitcoin trading you can become rich over night which is not true.

[Tonimez]

Learning about bitcoin from a trader is almost worst than not learning about bitcoin. This is because learning from a trader is like learning how to gamble and it comes with addiction. This could lead to financial crisis sooner or later. A trader can only train a trader and cares less about it's effect on the newbie. As an old bitcoin trader or investor, it is better to introduce a person first into bitcoin investment and Hodl strategy than Trading if you actually wish well for the person.

[Odogwu-Blockchain]

If you had such trader before then I think you met the right trader that was teaching you what he learnt from his boss also. A good student will learn from his Master and do lots of research what Master didn't teach him. No Master is wrong teaching you what he knows, at least he is the beginner of your success story even if you student is better than your master tomorrow.

All these you mention are the effects that comes from been a trader either a long or short term trader, it's not easy out there on every trader because they are passing from one traumatic experience to another so it seems you are blaming a trader like they are the cause of your downfall.

2, a trader we make you believe that, trading is the best and the easiest way to make money from bitcoin, and not the other way round.

Which other way round do you mean, so long as you are interacting with the blockchain network using real money is trading, either from chat trading, holding, staking, providing liquidity, blockchain validators. These are all traders.

[Hewlet]

the matter be say the majority of us learned about crypto trading before we even know say bitcoin na the big deal and say holding de more profitable than trading. wetin you expect from a trader? na just trading strategies when fit yield am returns in the short run and nothing more. at the start, e de allowed to do a lot of mistakes including being too focused on trading but with time you go certainly grow to the point where you choose if na trading or investing when you want to focus on.

no be like say all traders are people that are prone to loss or that learning from a trader wont make you a better crypto person. as a matter of fact, if you learn from a trader and start trading, e go help you get some inadept knowledge far above wetin the average long term investor when just learn how to buy and secure him bitcoin go know. check for the forum for instance, people when get the knowledge of trading de more knowledgeable about bitcoin than people when know really sabi how trading de work, no knowledge is a waste but then, in addition to your trading knowledge, it is best to know that the knowledge of trading alone cant place one in the best investment position.

[Gozie51]

3, a trader we make you believe on his expertise, which may hider you from carrying out your own research in other to improve yourself. Which am victim of this one, because I was depending on the person who introduced me into bitcoin.

You probably met someone who is not a teacher and yourself, you are blinded by making money without doing your own personal research to guide you. Anyone who is telling you about Bitcoin will also give you the room for your own research.

4, a trader may not give you a legit information about bitcoin Volatility, it store of value and it potential returns when you invest in it.

Why not. A trader will let you know that Bitcoin is volatile. A trader should also know that Bitcoin can serve as store of value because if he makes withdrawal and leaves it on the wallet, he should see the variations.

5, a trader can manipulate you emotionally, to influence your decision making when it comes to bitcoin.

A trader doesn't manipulate your emotion, he tells you what to do as a trader learning under him then the choice should be yours afterwards.

6, a trader can make you have over confidence, which may lead you to reckless decision making and poor risk management.

That's trading for you but reckless decision is your choice. Keep your emotions under control.

7, a trader can make you believe that with bitcoin trading you can become rich over night which is not true.

Very true. I have seen traders who have made lots of money from it.

[AVE5]

Why not precise on the experience you had from the trader who introduced you into bitcoin maybe we could scrutinize to know where the fault came from instead of listing the risks like you're generalizing it all.
If you ask me, I'll say I don't find it a risk learning about bitcoin from a trader perhaps if the trader is a certified and experienced enthusiast that's exposed to bitcoin and having it to introduce to you, I don't think it'll always be an open page of letting you know investing and trading on bitcoin, how different varieties of earning from it they serves and the risks involved.
It'll be left with you to decide if you want to invest or trade but it'll become an error of he had persuaded you to trade just because he's also trading but if you decides to trade, I think having him as your mentor on your trading ventures will be better for you because you'll be thought with practical experiences instead of theories. Then it becomes an added advantage to you. Then having known the risks and trading mistakes of that your mentor, you can as much be able to discover your own trading strategies and financial management.

[Nangiconference]

To me, if you want to hold Ur bitcoins it does require any special skill, the only factor to consider is the market dynamics, i, e, knowing when the market has fallen for you to buy and reselling when it is up as long as your investment are of long term you would definitely make it.
The trading aspect needs proper attention and professionalism so as not to make wrong decisions that will make you loose your money. Me myself I'm looking for who will teach me crypto trading as a whole. I have a friend who doesn't want t to teach me and he is doing well from it.

[Amphenomenon]

I don't think you did  meet an actual trader to be frank because your points are not valid,they're like as if a newbie is speaking honestly, expect from point 2 and partially point 1, the others are not true, expect you were getting advised from a trader who is a newbie and I won't even actually consider such a person successful in trading. Every other points yiu mentioned is the opposite if how an trader thinks or acts.

A successful trader speaks of the risks involved in trading because they are not performing magic, the only consolation is that their winning rate is greater than their losing rate, but this is not really easy especially for beginners and that's why it's advisable to just HODL rather than trade because that likely would aid higher returns in the long run as you accumulate more.

The majority of every successful trader has lost a lot before they became successful in trading and do as a newbie you taking time to accumulate will yield more for you in the long run than solely putting your all in trading.

I will say trading needs a pretty good enough capital to actually have a fair enough risk management that will still work for you.

[Amphenomenon]

2, a trader we make you believe that, trading is the best and the easiest way to make money from bitcoin, and not the other way round.

Which other way round do you mean, so long as you are interacting with the blockchain network using real money is trading, either from chat trading, holding, staking, providing liquidity, blockchain validators. These are all traders.

Actually all these are different from trading, they are all distinct from each other, here is a different between trading and HODLing
  Trading vs. Hodl - Which group do you belong to?

[Mehmet69]

If you learn about Bitcoin from a traders, you will become a trader. I agree that if you want to become a holder, you have to learn from an investor. But no education is a waste. Even if you did not understand it at first, now you understand what is good and what is harmful for you. Bitcoin is not for short-term investment. If you invest in the short term, you can face losses. Most of the people who trade in Bitcoin face losses. And they often speak against Bitcoin. I am happy to know that you realized your mistake early on. Good luck with your investment journey.

[Frankolala]

Don't believe on everything people tell you, but also DYOR to learn better and to verify. If someone who introduced bitcoin to you is a trader and you don't like trading or don't understand how to trade, you should have learnt more about bitcoin on your own from the internet to get the true picture of bitcoin. Bitcoin is best when you buy and hodli and not trading, because trading is very risky and stressful.

[Cryptomultiplier]

I never had a proper up bringing into bitcoin, because I learnt bitcoin from a trader, and I believe many people here on this forum are victims too just like me.

Here are some risks of learning bitcoin from a trader.
I we just mention few because there are many risks of learning bitcoin from a trader.

1, a trader may only focus on trading strategies, rather than providing  a thorough understanding of bitcoin, because his just in for the quick money making in trading.

2, a trader we make you believe that, trading is the best and the easiest way to make money from bitcoin, and not the other way round.

3, a trader we make you believe on his expertise, which may hider you from carrying out your own research in other to improve yourself. Which am victim of this one, because I was depending on the person who introduced me into bitcoin.

4, a trader may not give you a legit information about bitcoin Volatility, it store of value and it potential returns when you invest in it.

5, a trader can manipulate you emotionally, to influence your decision making when it comes to bitcoin.

6, a trader can make you have over confidence, which may lead you to reckless decision making and poor risk management.

7, a trader can make you believe that with bitcoin trading you can become rich over night which is not true.

At least you got to have a physical teacher in the form of a trader who led you to the current knowledge of Bitcoin and cryptocurrencies that you now possess, no matter how fickle.
It is left for you as a learner to do your own research and homework and trade or read up and see YouTube videos on the subject of Bitcoin so as to broaden your horizon.

Any person can make you believe what they want if you do not know what it is that you really want and as such, I am glad you found this forum which would assist you in growing and practicing whatever knowledge you acquire in the subject of Bitcoin and even other cryptos inclusively.

[Majestic-milf]

 You no go fit give wetin you no get so as the trader learn in a half baked manner, nah so him offer give you and if say you know earlier, nah to make your own research because you no go tell us say you no bin dey use smartphone wey fit access the internet wey you fit use broaden your knowledge.
 The thing be say you sef bin dey in a hurry to make money nah make you no go further. Normal, as you tok for your no.3 point, even though the trader give you beta assurance say him Sabi wetin him dey do but as him no go dey with you 24/7, you fit use that time do some digging.
 

[Pokapoka124]

Everybody get their experience for this crypto space. You pay person to teach you trading, how you expect am to leave the trading strategies wey him dey teach to come dey teach you about bitcoin like say him be CharlesTim or LoyceV. If you won learn those things you fit find those information online for YouTube and other websites but me and you know say na trading classes you pay for because you want earn so why you dey blame the tutor.

[Hatchy]

~snip

I think we all have a personal choice on how we decide to see bitcoin. A traders biase about bitcoin is that he's trading against another currency pair. He doesn't actually have much time to start studying the history of bitcoin before trading them. The only thing that's much important to him is what he sees on his chart and price action of bitcoin. Learning from a trader is not as bad as you speak. Yes you may only be focused on the short term profits made from trading BTC, but if you actually learnt how to trade BTC very well and make money from it, it's then up to you to dive deeper into it and see if you can hold for a long term.

[Gost ms]

I never had a proper up bringing into bitcoin, because I learnt bitcoin from a trader, and I believe many people here on this forum are victims too just like me.

Here are some risks of learning bitcoin from a trader.
I we just mention few because there are many risks of learning bitcoin from a trader.

1, a trader may only focus on trading strategies, rather than providing  a thorough understanding of bitcoin, because his just in for the quick money making in trading.

2, a trader we make you believe that, trading is the best and the easiest way to make money from bitcoin, and not the other way round.

3, a trader we make you believe on his expertise, which may hider you from carrying out your own research in other to improve yourself. Which am victim of this one, because I was depending on the person who introduced me into bitcoin.

4, a trader may not give you a legit information about bitcoin Volatility, it store of value and it potential returns when you invest in it.

5, a trader can manipulate you emotionally, to influence your decision making when it comes to bitcoin.

6, a trader can make you have over confidence, which may lead you to reckless decision making and poor risk management.

7, a trader can make you believe that with bitcoin trading you can become rich over night which is not true.

I think that maybe you were inspired by watching some videos on social media and invested in Bitcoin by jumping into trading. You should have done some research on Bitcoin investment trading.

Trading is a kind of gambling. Because among those who trade, 75 to 80 percent of people invest without understanding. After learning to trade from a trader for 2 to 3 months, they think that they have become a trader. In reality, it takes a lot of time to become a complete trader. You have to spend a lot of time in the market and understand a lot of things. Without thinking about all this, we get addicted to trading and investing without understanding. For this, we lose all our invested money.

Always keep yourself away from short-term investment or trading. Trading or short-term investment is very risky. Always try to invest for the long term. For example, you should try to keep your investment time limit for 8 to 10 years.

[sotelorene]

I never had a proper up bringing into bitcoin, because I learnt bitcoin from a trader, and I believe many people here on this forum are victims too just like me.

Here are some risks of learning bitcoin from a trader.
I we just mention few because there are many risks of learning bitcoin from a trader.

1, a trader may only focus on trading strategies, rather than providing  a thorough understanding of bitcoin, because his just in for the quick money making in trading.

2, a trader we make you believe that, trading is the best and the easiest way to make money from bitcoin, and not the other way round.

3, a trader we make you believe on his expertise, which may hider you from carrying out your own research in other to improve yourself. Which am victim of this one, because I was depending on the person who introduced me into bitcoin.

4, a trader may not give you a legit information about bitcoin Volatility, it store of value and it potential returns when you invest in it.

5, a trader can manipulate you emotionally, to influence your decision making when it comes to bitcoin.

6, a trader can make you have over confidence, which may lead you to reckless decision making and poor risk management.

7, a trader can make you believe that with bitcoin trading you can become rich over night which is not true.

You no even dey specific for waiting you dey talk for here, which one be to learn Bitcoin from a trader, you should let or make us understand the person that wants to learn if he or she is interested in Bitcoin investment or in Bitcoin trading ( gambling), if you meet person wey dey trade to teach you about Bitcoin off course, e dey obvious say na trading en go teach you na because na waiting him sabi. Person wey wan learn about Bitcoin na en know the aspect en wan learn so it is left for the person to say know I don't want to learn about trading I want to learn how to invest and person wey wan learn investment no suppose go meet person wey dey trade to teach am.

Every body get aim and motive why them dey do so kind thing, if e be say the person wey wan learn dey remit money for the person wey dey teach and if this kind dey sup the teacher ( trader) go convince the learner say trading na en be the best because of the small Chopins en dey get but person wey dey genuine go cap you how the whole thing be.

[CryptopreneurBrainboss]

The worst outcome of learning about bitcoin from a trader be say, a trader will make you focus more on short term and not long term investing. A trader will make you want to take profits whenever you have a profits which isn't wrong based on their line of business but that continues habit is building in you to always want to take profit even when you stop trading and have now shifted your attention to investing. Traders no understand the real values of hodling Bitcoin. Then go always see am as a waste of time because say the trading they give them money quicker.

7, a trader can make you believe that with bitcoin trading you can become rich over night which is not true.

That's not a trader but a gambler, be careful of people like this as true traders know say to make profits, you go need work out your ass as trading no easy too because you go need under the strategies wey they involve and you fit lose money too. Trading isn't quick money, no believe anything wey person they tell you concerning this area.

[Cryptoprincess101]

2, a trader we make you believe that, trading is the best and the easiest way to make money from bitcoin, and not the other way round.

This is true because i have really met a trader that was so confident in himself that trading is the easiest way to get rich quick but guess what happened, after some months, that same trader came asking me to lend him money that he entered a trade and lost huge amount of money and i was like i thought you are an expert, how come you lost a lot of money to your trading but the only thing he could tell me was that it was greed that made him lost that huge. They have this kind of ego mentality in them especially at a time when their trades are favorable to them.

[Tonimez]

2, a trader we make you believe that, trading is the best and the easiest way to make money from bitcoin, and not the other way round.

This is true because i have really met a trader that was so confident in himself that trading is the easiest way to get rich quick but guess what happened, after some months, that same trader came asking me to lend him money that he entered a trade and lost huge amount of money and i was like i thought you are an expert, how come you lost a lot of money to your trading but the only thing he could tell me was that it was greed that made him lost that huge. They have this kind of ego mentality in them especially at a time when their trades are favorable to them.

Before I got involved in bitcoin I usually think that investing in bitcoin and other cryptocurrencies only involved trading. This was my biggest fear that led me into not investing until I understood it was not all about trading. I was only able to realise how delicate trading could be because I was already beaten by bet and I understood exactly how miserable my life could be if I venture into trading. A friend later made me understand you can always leave your assets in bitcoin for as long as you can which was how I escaped being a trader. Trading makes you believe you are smart and more intelligent than investors. They believe they understand the market better and read the charts even more than anyone else.

A dog cannot give birth to a goat nor otherwise.