Let's not encourage newbies towards wrong practices.

[Hypnotizer]

On several occasions, I've come across statements like, it's anyone's choice to do whatever they want with Bitcoin including trading with it. We can't deny that fact but let's not also forget that because people choose to follow that path doesn't mean that they're right with what they're doing, moreover Bitcoin is a long-term investment opportunity and it's best to be held for long-term to make more profits than trading with it which is more riskier than holding.

You can’t try to influence much of Long term investment to a Newbie because not everyone can Hodl for long term and that’s why it is always advice to everyone to DYOR before starting anything.

In some cases it is better they learn from experience because experience is the best teacher, everyone that is trading knows that it is very risky and in most cases people lose a lot but they still choose to do it.

Investing or trading is a free choice and that’s why people make use of that phrase to justify it..

Make we no also forget say many people dey here to learn and new for this crypto stuff, you fit done sabi how to manage the risk wey follow trading with Bitcoin but many newbies here no sabi and them still dey find their way around the crypto space, make we no use our statements push them into wrong practice. Atleast them suppose use better strategy as newbies to accumulate Bitcoin no be the other way round.

In this Forum, most of the posts are about long term investments…and as a newbie you’re not supposed to follow what everyone says, you evaluate and DYOR but yes people should still be mindful of what they say..

[Marykeller]

Na person wey like you go tell you what to do, and what not to do, and em go d on you to decide on the part to follow, whether na to trade or to hodl bitcoin for long since na our individual money wey d involve. We know what we want from the crypto space cos there are people who are looking for quick methods of earning from crypto, whereas some wan follow the simple and convenient way wey be to invest and hodl, that's all. By the way no be everybody go like invest for crypto space, there are people wey go prefer trading over investment cos that seems to them as quick to make money crypto even though is more riskier than hodling

[Creeper0]

Your wealth is your freedom, we cannot hand over your wealth. However, we cannot advise you on the proper use of wealth. We cannot give you instructions or orders on the use of wealth, but only advise. Because your wealth is your freedom, we have no right to take away this freedom.

Anything is definitely wrong with Bitcoin, especially trading or short-term investment. If you want to get the maximum results from Bitcoin, I would advise you to invest in the long term. It is not too late, you can definitely enter into long-term investment, at least 2 or 3 cycles.

[Josefjix]

On several occasions, I've come across statements like, it's anyone's choice to do whatever they want with Bitcoin including trading with it. We can't deny that fact but let's not also forget that because people choose to follow that path doesn't mean that they're right with what they're doing, moreover Bitcoin is a long-term investment opportunity and it's best to be held for long-term to make more profits than trading with it which is more riskier than holding.

What do you want to advise someone who said that about his bitcoin, of course whatever he wants to do, let him do. Over the years, ive come to conclusion that, the journey of crypto user is solo, and it is also designed on each person timeline, everyone has his own different story how bitcoin shaped his knowledge, perspective and self control. My ways might be different from yours, my pain also different, gain and losses also different, so if someone sees it that way to do anything with his bitcoin, thats fine.

Make we no also forget say many people dey here to learn and new for this crypto stuff, you fit done sabi how to manage the risk wey follow trading with Bitcoin but many newbies here no sabi and them still dey find their way around the crypto space, make we no use our statements push them into wrong practice. Atleast them suppose use better strategy as newbies to accumulate Bitcoin no be the other way round.

Its better to learn the hard way than soft way, bitcoin itself is hard and not soft to anyone. Who stays strong profits from the market than who feels weak and sell off for survival. The way you are saying is meaning to teaching newbie in a soft way, they might be scared to take risk with your method of teaching, we are not bringing weak investor into the game, we are actually building strong and competent holders, thats the goal.

[Stable090]

On several occasions, I've come across statements like, it's anyone's choice to do whatever they want with Bitcoin including trading with it. We can't deny that fact but let's not also forget that because people choose to follow that path doesn't mean that they're right with what they're doing, moreover Bitcoin is a long-term investment opportunity and it's best to be held for long-term to make more profits than trading with it which is more riskier than holding.

If anybody wants to trade, you shouldn’t discourage them, d only thing wey u suppose tell them na d risk wey Dey involved with trading, if Dey fit properly learn about trading, and they fit manage d risk, then it’s fine. Some people prefer to trade than to hold, and traders Dey wey Dey make money from trading also, no be say na all of them Dey lose, some of them Dey make money also, so just tell them Wetin Dey suppose know, then allow them decide on what they want. Trading Dey more risky than holding, but if u Dey hold bitcoin, risk Dey also. No Dey reason say if u Dey hold bitcoin Dey risk free, just that d risk is lower than trading risk.

[Sunshine1525]

On several occasions, I've come across statements like, it's anyone's choice to do whatever they want with Bitcoin including trading with it. We can't deny that fact but let's not also forget that because people choose to follow that path doesn't mean that they're right with what they're doing, moreover Bitcoin is a long-term investment opportunity and it's best to be held for long-term to make more profits than trading with it which is more riskier than holding.

What do you want to advise someone who said that about his bitcoin, of course whatever he wants to do, let him do. Over the years, ive come to conclusion that, the journey of crypto user is solo, and it is also designed on each person timeline, everyone has his own different story how bitcoin shaped his knowledge, perspective and self control. My ways might be different from yours, my pain also different, gain and losses also different, so if someone sees it that way to do anything with his bitcoin, thats fine.

Let's say you have a close friend or a relative that's choosing a risky method oo getting more Bitcoin and could lose a huge portion of the amount they're risking if not all, would you allow the person try and perish or you'll try to convince such person on using a less riskier method ? I'll be waiting for your reply but left for me I'll try to correct such person with good reasons in details to why he/she should follow the less riskier method.

Make we no also forget say many people dey here to learn and new for this crypto stuff, you fit done sabi how to manage the risk wey follow trading with Bitcoin but many newbies here no sabi and them still dey find their way around the crypto space, make we no use our statements push them into wrong practice. Atleast them suppose use better strategy as newbies to accumulate Bitcoin no be the other way round.

Its better to learn the hard way than soft way, bitcoin itself is hard and not soft to anyone. Who stays strong profits from the market than who feels weak and sell off for survival. The way you are saying is meaning to teaching newbie in a soft way, they might be scared to take risk with your method of teaching, we are not bringing weak investor into the game, we are actually building strong and competent holders, thats the goal.

That's not nice dear Bitcoin is scarce and becoming very valuable as time goes you don't gamble with such assets and risk losing just for experience sake so it would be better to help someone avoid a mistake that would be regrettable than allowing such person perish cause you want them to have an experience, yes experience is the best teacher but if you're in a position to help someone that's willing to give you listening ears avoid mistakes then it's not bad to help out, especially helping those that are still very inexperienced with Bitcoin.

[gracreavix]

I get your point tbh, and I no even disagree say long term holding make more sense, especially for beginners. If we check am well, buying and holding Bitcoin long term dey less stressful and less risky compared to active trading.. Most newbies nor even get the mind to trade yet.  So advising them to focus on accumulation first go actually makes sense.

But still, you gats know say we nor fit remove free will from the matter. Everybody get right to decide how dem wan handle their money. People can still do what they like. They have their choice, and probably would learn from their own experience, since they didn’t listen and learn from other own.

But e still good make discussions here dey more about proper Bitcoin approach sha, because if newbies understand the foundation and proper way first e go help.

[Pi-network314159]

There is no point for someone to teach a newbie a wrong practice knowing the implications of that. Well I see that not everyone can be misleaded by to follow the wrong practice. Most guys are newbies in the forum but does mean they are completely newbie in the real world. Some people still do research to know the risk involved in those things. And if they find error or see the fault involve in it, they will stop or not follow the advice of such person. So the main point is that as a person don't completely rely on advice from a neighbor, you can make enquiry from other people and also try as much as possible to do research on YouTube to compear and contrast the difference and know what to assimilate or not.

[Makus]

If people decide to trade with their bitcoin that doesn't necessarily mean that they are on the wrong track because trading is also part of crypto as well and anybody can choose to trade if that's what they want to do, besides trading is profitable to people that know their way around it. What we really need to tell newbies is to make sure that they gather enough knowledge before thinking about trading crypto or investing and also it is important for them to know that being greedy can be very dangerous to them whether they are into trading or holding bitcoin.

[JimaGod]

On several occasions, I've come across statements like, it's anyone's choice to do whatever they want with Bitcoin including trading with it. We can't deny that fact but let's not also forget that because people choose to follow that path doesn't mean that they're right with what they're doing, moreover Bitcoin is a long-term investment opportunity and it's best to be held for long-term to make more profits than trading with it which is more riskier than holding.

Make we no also forget say many people dey here to learn and new for this crypto stuff, you fit done sabi how to manage the risk wey follow trading with Bitcoin but many newbies here no sabi and them still dey find their way around the crypto space, make we no use our statements push them into wrong practice. Atleast them suppose use better strategy as newbies to accumulate Bitcoin no be the other way round.

The newbies learning about cryptocurrency and we do know very well that they need guidelines before exploring and earning massively in the market. This is not the time to hold back because any slight move in the market,  projects do experience what we call bullish. This is harvesting season where the bull season sets in.

Learning cryptocurrency wouldn't take one day or a week, not even a month because the vast space is enough already and can contain relevant information. We build up and learn from mistakes and look forward to the future.

[L E G E N D A R Y]

Your wealth is your freedom, we cannot hand over your wealth. However, we cannot advise you on the proper use of wealth. We cannot give you instructions or orders on the use of wealth, but only advise. Because your wealth is your freedom, we have no right to take away this freedom.

Anything is definitely wrong with Bitcoin, especially trading or short-term investment. If you want to get the maximum results from Bitcoin, I would advise you to invest in the long term. It is not too late, you can definitely enter into long-term investment, at least 2 or 3 cycles.

Every newbies should have the habit to do that which will help them to grow in their investment and which they have to follow if they truly want to be profitable. Although, not everyone will profit from trading, which is why people are to engage into what is suitable from them and not what will stress them out, which is why its important for every trader to empower themselves by getting to know more and acquire more understanding or idea about trading.

[Sammye3]

Nobody can make decisions for you but yourself, same with bitcoin. It is your responsibility to have proper understanding of the bitcoin ecosystem and best decide whether to go for a long term investment or the trading session.

It entirely depends on your budget and how well you want to manage your finances. Most people look for quick returns on investments while others look for compounding long term profits so they reason differently with a fixed objective in mind.

[Mpamaegbu]

On several occasions, I've come across statements like, it's anyone's choice to do whatever they want with Bitcoin including trading with it.

I nor think sey dat wan be any issue. I sey am as disclaimer to show people sey dem dey at liberty to do wit dem investment whateva wey dem think sey dem want. Na d same thing as telling someone sey – dis is not a financial advice. Na so dat nobodi go use am against u tomorrow sey u advised dem wrongly.

Make we no also forget say many people dey here to learn and new for this crypto stuff, you fit done sabi how to manage the risk wey follow trading with Bitcoin but many newbies here no sabi and them still dey find their way around the crypto space, make we no use our statements push them into wrong practice.

Nobodi go push dem away if dem too go fit devote time to read, research and study. Sadly, many newbies just dey interested in making money and not studying to sabi wetin dey.

[Shadiq]

Regarding Bitcoin, we always advise a newbie to invest for the long term and refrain from trading. We are limited to advice, we do not create any obligations for anyone. He is able to take independent actions with his wealth, whether the action is positive or negative, he is always free with his money.

Especially a newbie should never take very tempting actions that promise high profits in a short time. For example, trading with Bitcoin and gambling with Bitcoin. If a newbie follows these suggestions, it is good for him, if he does not follow them, he will suffer the consequences. Still, he is free!

[Myleschetty]

Nobody can make decisions for you but yourself, same with bitcoin. It is your responsibility to have proper understanding of the bitcoin ecosystem and best decide whether to go for a long term investment or the trading session.

It entirely depends on your budget and how well you want to manage your finances. Most people look for quick returns on investments while others look for compounding long term profits so they reason differently with a fixed objective in mind.

I think some people still treat Bitcoin like a lottery ticket (by chasing short term pump), while some treat it as digital gold, but it is good to always ignore the noise, set personal goals (also work on achieving them by improving our knowledge), and consider what we're willing to lose because Bitcoin was create with the forces of personal responsibility with trust no central bank, and third parties.

[HajiBagi]

On several occasions, I've come across statements like, it's anyone's choice to do whatever they want with Bitcoin including trading with it. We can't deny that fact but let's not also forget that because people choose to follow that path doesn't mean that they're right with what they're doing, moreover Bitcoin is a long-term investment opportunity and it's best to be held for long-term to make more profits than trading with it which is more riskier than holding.

Make we no also forget say many people dey here to learn and new for this crypto stuff, you fit done sabi how to manage the risk wey follow trading with Bitcoin but many newbies here no sabi and them still dey find their way around the crypto space, make we no use our statements push them into wrong practice. Atleast them suppose use better strategy as newbies to accumulate Bitcoin no be the other way round.

If you look at waiting the person talk na true but no be so him suppose talk am because many newbie dey here wey dey learn and they don carry all the people wey dey high rank as their mentor, everybody get right to do whatever they want with their bitcoin even if they want sell but we can not say it because it mean we dry discourage them and we no dey show them how to succeed in bitcoin journey, becoming a good investor is always everyone dream and that is why we should always encourage each other.

Sometimes people fit talk out of anger or the experience wey dey don see before, but telling people say them fit use their bitcoin for trade na better bad influence be that, we all know that na risk thing be that and many people wey dey do that no dey too dey succeed like that, if you want to do trade na your choice but bringing it to forum come dey encourage people no make sense at all.

[Big Dirams]

I think some people still treat Bitcoin like a lottery ticket (by chasing short term pump), while some treat it as digital gold, but it is good to always ignore the noise, set personal goals (also work on achieving them by improving our knowledge), and consider what we're willing to lose because Bitcoin was create with the forces of personal responsibility with trust no central bank, and third parties.

Different individuals with different tastes, some are just using bitcoin to make quick profits and secure their profits and that just the way they do make quick profits despite it not all the time and it even risky but still they keep focusing on such part. Holding bitcoin and having long term plans for it is the positive way one can accumulate more profits from bitcoin due to it volatile price.
 Treating bitcoin as digital gold and holding it for long term gains is actually a smart move, because when we hold for long term market prices wouldn’t be problem to us and we wouldn’t even get worried by daily market prices instead we will focus on the future price.
 The more a holder has high knowledge of bitcoin then the more such holder knowns the possible price to accumulate and the actual market trends to make good profits and fast profits.

[Asiska02]

Your talk really make sense OP, and e go better make we stop their share misinformation about bitcoin wey go affect newbies wey dey come up for the Bitcoin space. Trading no be for newbies at all, and e no go make sense say them jump into am as them join Bitcoin, e go really most end up in disappointment and go really affect their mindset towards bitcoin as a whole. As them dey come, na investing into Bitcoin for the long term be the best advise to give them, all them other choices no suppose follow now as e be say na new people for the space them be and they need a low risk investment wey no go affect their mindset towards bitcoin market in general.

[Zigabel]

On several occasions, I've come across statements like, it's anyone's choice to do whatever they want with Bitcoin including trading with it. We can't deny that fact but let's not also forget that because people choose to follow that path doesn't mean that they're right with what they're doing, moreover Bitcoin is a long-term investment opportunity and it's best to be held for long-term to make more profits than trading with it which is more riskier than holding.

Make we no also forget say many people dey here to learn and new for this crypto stuff, you fit done sabi how to manage the risk wey follow trading with Bitcoin but many newbies here no sabi and them still dey find their way around the crypto space, make we no use our statements push them into wrong practice. Atleast them suppose use better strategy as newbies to accumulate Bitcoin no be the other way round.

Dis na the thing we I dey always advocate for newbies dem, say make dem no dey run enter trading, say na to Hodl sure pass because with that one, you go dey sure say you go fit get profit wey go make sense pass when e be say you dey trade dey loose den later you make small profit again.  Trading sha no really bad oh but e dey too risky and no be everybody dey fit manage am well na why we dey always advise say make pipo leave to dey too involved in trading but dey try run hodling, dat way dia mind go dey say anyhow e be, dem go later still dey able  to make back d money wey be like say dem been loose.

[Sunshine1525]

On several occasions, I've come across statements like, it's anyone's choice to do whatever they want with Bitcoin including trading with it.

I nor think sey dat wan be any issue. I sey am as disclaimer to show people sey dem dey at liberty to do wit dem investment whateva wey dem think sey dem want. Na d same thing as telling someone sey – dis is not a financial advice. Na so dat nobodi go use am against u tomorrow sey u advised dem wrongly.

Make we no also forget say many people dey here to learn and new for this crypto stuff, you fit done sabi how to manage the risk wey follow trading with Bitcoin but many newbies here no sabi and them still dey find their way around the crypto space, make we no use our statements push them into wrong practice.

Nobodi go push dem away if dem too go fit devote time to read, research and study. Sadly, many newbies just dey interested in making money and not studying to sabi wetin dey.

Snr man Sir, I agree with wetin you talk but to an extent because as a snr man wey you be i believe say eh get people for here wey dey look up to you as mentor wey you self no even dey aware of and if you come dey post misleading informations you no know say eh fit influence their decision making concerning Bitcoin?

Even though them done read say no be the right thing be that but their mindset fit be say since our snr man done talk eh fit be say em dey get am clear through that means so make them follow do same too. That's why false information no good especially for space like this, moreover Bitcoin done turn asset and eh no make sense to use am trade because eh dey more risky especially for beginners wey never too get idea about crypto. Infact newbie no suppose put body for that kind thing, so to encourage them to hold na em make sense pass.