Let's not encourage newbies towards wrong practices.

[Nwadiche]

The most important thing is the knowledge they impact in them , but the right decision is left for them to make , before anyone start their Bitcoin investment, I believe they might have had small understanding, them rest action is on them to take , be it trading , investment is usually good for long term , if anyone want to make profit , all they need is just advice and encouragement but the final decision is up them to make.

[JoyceBTC]

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.

It is not an encouragement, it is the simple truth. Those who have sense will understand that maturity means taking responsibility for any decision and action you make, which is what that statement actually means. Everyone has the right to make their own decisions unless they are slaves, where the master makes the decisions for them. As a free man, you can do whatever you want, you are free to do the right thing or do the wrong thing, at the end of the day, the result and consequences will be yours to bare alone.

Yes definitely no one is entitled to make decisions for you since everyone is responsible to take any decision they want. But as for newbies it good for the people who have been old time investors to guide them through, not like they are making decisions for them but they just serve as a guide to help them against making wrong decisions when investing to avoid regrets.

[liasbaa]

The most important thing is the knowledge they impact in them , but the right decision is left for them to make , before anyone start their Bitcoin investment, I believe they might have had small understanding, them rest action is on them to take , be it trading , investment is usually good for long term , if anyone want to make profit , all they need is just advice and encouragement but the final decision is up them to make.

You have to go through many processes before you can benefit from investment. Trading is a short term and risky system but those who have applied this system initially will not get involved in this mistake once again. Even if trading shows the temptation of high profits, it will be a wrong decision for you. If you can get involved in the process of long term investment it can easily lead to fulfilling your expectations. The right decision is a long term investment plan. If you can easily be aware of this before it is too late, it will be good for you. The matter of getting profit in the short term is literally a wrong mindset. If you can move away from the wrong position at such a stage and engage in the long term and right position it is right.

[POPOLUV]

I believe that any newbies that has the opportunity of being in this forum has a mentor or will i say every newbies has some that talk him in to the forum, at such, a newbies could have the basic knowledge on investing in Bitcoin works and also for newbie know all the strategies that can be use to invest and the one that is situable for him as a beginner and when to invest in Bitcoin that he needs to make use his discretionary income to invest gradually by gradually in a longer term, so if any newbies allow himself to deceive by what he sees or hear, is totally left for him because as for I'm still making use the orientation give to me from the day that i was exposed to Bitcoin on it works, i never go contradicted of what i was told about Bitcoin but only upgrade my knowledge day by day.

[Achalugo BTC]

Yes definitely no one is entitled to make decisions for you since everyone is responsible to take any decision they want. But as for newbies it good for the people who have been old time investors to guide them through, not like they are making decisions for them but they just serve as a guide to help them against making wrong decisions when investing to avoid regrets.

People got the right to do whatever they wish and want to do at any given time. But, for newbies it will be of great move if they seek guidance from more experienced and right people, because not everyone are genuine in teaching one about Bitcoin investment, which usually leads some people astray. That is why they also need to do research before concluding on any decision they have made, this will prevent them from being addicted to gambling, so that they won't later regret anything later in life.

[WhoYouCantKill]

The most important thing is the knowledge they impact in them , but the right decision is left for them to make , before anyone start their Bitcoin investment, I believe they might have had small understanding, them rest action is on them to take , be it trading , investment is usually good for long term , if anyone want to make profit , all they need is just advice and encouragement but the final decision is up them to make.

You are very right, its very important for them to have the awareness of how Bitcoin investment works, which will make things easier and more convenient for them, and also its important for them to get information from the right sources, which will help them to keep moving and be able to avoid whatever thing that might lead them into making the wrong decision that will ruined their plans and their chances of becoming profitable in their investment.

[Crypto_Timothy]

Well I argee with you OP, especially when it comes to guiding newbies, just because something can be done doesn’t automatically mean it is the best option for everyone, especially for people still trying to understand the space and as we all know trading Bitcoin carries more risk and without proper knowledge, it is easy for beginners to lose money quickly and spoil thier lives, so att the same time, it comes down to the individual's choice and understanding because holding long-term is generally safer for most people, but not everyone will follow that path. I truly believe if people are showed the right path, they will no be easily influenced like that.

[Out of mind]

The risk of profit from trading is very low, rather it is more likely to be a risky loss if there is a lack of experience. Not everyone can analyze the market, rather newbies do not understand the market, they come to trading greedily to make profits in a short time. To trade, you have to make yourself experienced and have enough money to avoid risks. Trading in Bitcoin may be less risky, but we know that investing is the best compared to trading, the risk is low here. Newbies should learn at the beginning that it is not possible to make much profit by trading, so they should learn well about investment and invest for the future. Newbies are more emotional, as a result of which they can control themselves if they lose by trading, so they should invest without trading at the beginning. When a new user is able to invest and hold on and can increase patience, he can profit from there.

[PremiumcryptoHub]

Yes definitely no one is entitled to make decisions for you since everyone is responsible to take any decision they want. But as for newbies it good for the people who have been old time investors to guide them through, not like they are making decisions for them but they just serve as a guide to help them against making wrong decisions when investing to avoid regrets.

People got the right to do whatever they wish and want to do at any given time. But, for newbies it will be of great move if they seek guidance from more experienced and right people, because not everyone are genuine in teaching one about Bitcoin investment, which usually leads some people astray. That is why they also need to do research before concluding on any decision they have made, this will prevent them from being addicted to gambling, so that they won't later regret anything later in life.

Yes it is true not everyone is sincere in teaching about Bitcoin investment but still it would be a great step for the inexperienced of our Naija Local Board to take advice from some experienced investors and market analysts about Bitcoin investment. Even then there is a need for personal analysis so that they can understand the impact of it in their later life because in my opinion having the ability to invest in Bitcoin through their own analysis will create a mindset for long term investment. So I think every new member should not be completely dependent on their advisor.

[Achalugo BTC]

Yes it is true not everyone is sincere in teaching about Bitcoin investment but still it would be a great step for the inexperienced of our Naija Local Board to take advice from some experienced investors and market analysts about Bitcoin investment. Even then there is a need for personal analysis so that they can understand the impact of it in their later life because in my opinion having the ability to invest in Bitcoin through their own analysis will create a mindset for long term investment. So I think every new member should not be completely dependent on their advisor.

Not that is a bad idea to learn or acquire knowledge from more experienced people than them but it will more better if they also do some research about them as this will make them to learn more faster and keep them on the track of being successful and profitable in their investment and will also keep them in safer position, so that they will be able to avoid whatever thing that will lead them into making mistakes that might ruined their plans and damage their investment.

[Bright0515]

Holding Bitcoin for a long term is profitable but it doesn't mean that those that decide to trade Bitcoin are doing the wrong thing, I wonder what makes you think that way. The crypto market is open for whatever you choose to do with it, be it trading or investment it's your choice to make. There are people that trade Bitcoin and they are able to make it profit from it. The most important thing is to gain enough knowledge in whatever you decide to do and endeavor to practice risk management. It's all about doing what works best for you.

[Zackz5000]

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.

Now if you talk about crypto you dey include other shitcoins which go still bad if person go put there money for there because most of them fit go up today drop to zero that next day but Bitcoin no really dey like that true true Bitcoin investment na long time stuff the risk way dey am for that short time much, secondly mk we also carry am for mind say even for that long time we no still dy sure say we go make profit from am na why them tell us to always use money way even if we loss all the thing no go affect us negatively because we no sure we go make gain for watin we dey invest or not.

[Bryan jessy]

I believe that any newbies that has the opportunity of being in this forum has a mentor or will i say every newbies has some that talk him in to the forum, at such, a newbies could have the basic knowledge on investing in Bitcoin works and also for newbie know all the strategies that can be use to invest and the one that is situable for him as a beginner and when to invest in Bitcoin that he needs to make use his discretionary income to invest gradually by gradually in a longer term, so if any newbies allow himself to deceive by what he sees or hear, is totally left for him because as for I'm still making use the orientation give to me from the day that i was exposed to Bitcoin on it works, i never go contradicted of what i was told about Bitcoin but only upgrade my knowledge day by day.

I also believe, before anyone present in the forum joined, they already had the awareness of what Bitcoin is, though it might not be the basic concept but at least a sort of an overview of Bitcoin, while some persons had the foundation, must are even investors. Believe the fact that not everyone here is new to crypto in general, specially Bitcoin.in quote "not every newbie in the forum is new in Bitcoin trading or investment" some genius exist, however after all these educative threads concerning Bitcoin for beginners and how to go about it, it will sound so unreasonable if someone permit others to take him into how his Bitcoin should be handle or what to do with it.
 
And yes it is everyone choice to do whatever they wishes with their Bitcoin, so it outcome.

[Agathamay]

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.

My brother God bless you for these talks wey you drop and I know the kind suffer wey I face when I start this forum and if you check my account, you go see say I be very serious OG if na by when people discover this forum and sincerely I been run away that time because everything seemed very strange especially for person wey just Dey try catch up the internet lifestyle and that time everybody wey Dey been Dey try to catch up if not for bounty

As I come back after I don Dey observe the forum as a guest not even from my account because I been forget the password and the email access because my phone been loss back then but I finally received that email and later get access to my account and i no go lie, the growth has been really smooth but the kind talk I hear from senior men for the board Dey Make me wonder if these people get another motive about from runners wey all man Dey chase because the way dem Dey take reply person no be small thing


And the local board suppose be where we go cover our nakedness and not leaving it porously open because I think newbie suppose use the local board practice their ways round the forum before hitting the open boards but some people Dey Make the local board a very terrifying place and newbies fit Dey fear

[B-BossMan]

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.

Good. You have a Nice thought and observations, your points on how people approaching Bitcoin differently that got some newbies confused, though we all are individuals differences in terms of learning and a basic understanding .
So the important thing wey newbies supposed to do be say, make them gain basic knowledge of how the bitcoin investment they work before going into Bitcoin trading,i fit do something wey go favour me and e no go work for you. So this forum na the best place,wey they easy and safe place to learn and  ask questions in any difficulties you face here and be growing small small without unnecessary pressures that will make you feel unsatisfied. So every body have thier own methods when it comes to accumulating Bitcoin, so no need to feel confused or even rushing yourself to follow others, as a beginner it's good to invest small small stay and consistently. And an effective method that sooth newbies for accumulation is DCA strategy, which help reduces risk over aperiod of time and build your investment holdings.

[Dr.Bitcoin_Strange]

To encourage a Bitcoin newbie to start trading is not good, except the person already have the inspiration to become a trader, you can not prevent them or try to discourage the person but you can only guide them by advising them to first of learn about trading properly and also practice with virtual cash (on the demo mode) until they have master the best strategy that is working effectively before they must start to trade with real Bitcoin. The reason for such statement is probably to those newbies who already said they want to be a trader.

[Versatile_choice]

Yes definitely no one is entitled to make decisions for you since everyone is responsible to take any decision they want. But as for newbies it good for the people who have been old time investors to guide them through, not like they are making decisions for them but they just serve as a guide to help them against making wrong decisions when investing to avoid regrets.

People got the right to do whatever they wish and want to do at any given time. But, for newbies it will be of great move if they seek guidance from more experienced and right people, because not everyone are genuine in teaching one about Bitcoin investment, which usually leads some people astray. That is why they also need to do research before concluding on any decision they have made, this will prevent them from being addicted to gambling, so that they won't later regret anything later in life.

Whether right people or not it is good to make research after learning, because those who you think they are the right people might even be the one that will mislead you by giving you false information about bitcoin investment that is why we are advised to make research after learning so as to clear some doubt and also to figure out if there's anything that is missing from what we have been thought because knowledge is not limited.

I also come to observe that some newbies don't listen to instructions/ advice apart from the one they are giving themselves, which is very bad. I know some might be doing that for security reasons because nowadays you don't know who to trust and that's also a good reason but as a newbie even without you having the knowledge about bitcoin investment you're supposed to know when they are giving you wrong information about bitcoin investment with the knowledge you have.

[Fiasem20]

Indeed everyone has their own personal decisions to make,there’s a popular adage that says you can lead a horse to water, but you can’t make it drink,meaning you can give advice to a person but you can’t force the person to accept or adhere to the advice.A person who’s blinded by quick profits would always find pleasure in trading no matter the losses and advises people have been giving them.So in most cases I consider encouraging newbies who are trading to quit trading as a waste of energy because your advice might fall on deaf ears.

[Mr Reporter]

To encourage a Bitcoin newbie to start trading is not good, except the person already have the inspiration to become a trader, you can not prevent them or try to discourage the person but you can only guide them by advising them to first of learn about trading properly and also practice with virtual cash (on the demo mode) until they have master the best strategy that is working effectively before they must start to trade with real Bitcoin. The reason for such statement is probably to those newbies who already said they want to be a trader.

Well you are very right why should a preson even want to try to engage or encourage a newbie into trading at some point what some people don’t even understand in the crypto world is been patient yiu find yourself understanding and making progress but trying to rush once in the crypto that just the end of even in the trading cycle things doesn’t work that way…the preson is just doing himself no good than harm but rushing what you are to no which should save you in the future and this one thing most member like to understand infact even in the real world you need to much knowledge and patience to get what you want..maybe this is just the rules of trading ..

[Sticky Bomb]

The most important thing is the knowledge they impact in them , but the right decision is left for them to make , before anyone start their Bitcoin investment, I believe they might have had small understanding, them rest action is on them to take , be it trading , investment is usually good for long term , if anyone want to make profit , all they need is just advice and encouragement but the final decision is up them to make.

You have to go through many processes before you can benefit from investment. Trading is a short term and risky system but those who have applied this system initially will not get involved in this mistake once again. Even if trading shows the temptation of high profits, it will be a wrong decision for you. If you can get involved in the process of long term investment it can easily lead to fulfilling your expectations. The right decision is a long term investment plan. If you can easily be aware of this before it is too late, it will be good for you. The matter of getting profit in the short term is literally a wrong mindset. If you can move away from the wrong position at such a stage and engage in the long term and right position it is right.

The profits from short-term involvement is nothing compared to people who go long-term in bitcoin, its just like scraping the surface. Although we know our bitcoin portfolio isn't guaranteed, but if you can take the risk to put money into bitcoin, it is better you just stay in it for long so that your risk has more possibilities of rewarding you handsomely in the future.

Short-term mindset have robbed many people of better profits which they would've gotten if they went long-term, most still regret their earlier actions and if investors don't do away with targeting short-term profits in bitcoin, their investment would not be very profitable, If at all they don't end up in a loss.