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Author Topic: Let's not encourage newbies towards wrong practices.  (Read 1143 times)
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April 06, 2026, 02:40:21 PM
 #81

I no fit remember if I been don write on this thread but sincerely the choice of how to use one's coin solely Dey very dependent on the coin holder an the only thing we fit do na to advise and leave the choice for the holder to follow advise or not.

I also agree with op that older members should try as much as possible to always dish out the right advise at all times as you never know who might be secretly following your teachings even without informing you.

As a newbie to the cryptocurrency market and community, you shouldn't be in a haste or rush into trading but to rather take your time to explore the market so we can identify the niche that best suites us as there are several opportunities in the crypto market.

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April 06, 2026, 10:48:06 PM
 #82

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.

Watin you Dey talk for here no Dey out of place shah, e still fall in line well and for some reason, I feel say, e no Dey any body hand to decide people goals. In as much as I believe say the ultimate goal of anybody way Dey invest in Bitcoin suppose start from holding, if a newbie find more potential in having to not hold for long but, leverage Bitcoin volatility and do some short term buy and sell to make profit, e no still bad o. The main thing be say, you fast sabi doings am and the only way to get there na through learning and practicing.

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April 07, 2026, 12:26:20 AM
 #83

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.
Of a truth, Bitcoin is best held, you go stand better chance of profitability when you hold for a long term, but this one no mean say e no get people wey dey actually dey get am clear for trading yeah? And e no mean say people wey choose the path of trading dey do the wrong thing. Everybody get their different goals and expectations from investment. E get people wey their goal na financial independence, while e get others wey their goal na just to dey get their daily 2k from Bitcoin. Wetin matter no be really the path you choose to follow but how you take follow am. E get people self wey go wan hodl for the long term but as time goad on them don give up or quit, so no be say anyone wey just start to invest for Bitcoin, everything don better for the person. Me I go say make everybody stick to their goals, except say your goals dey unrealistic, but if e dey realistic, I no see why not e no go follow am, besides, investment no be for everybody.

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April 09, 2026, 05:20:19 AM
 #84

I no fit remember if I been don write on this thread but sincerely the choice of how to use one's coin solely Dey very dependent on the coin holder an the only thing we fit do na to advise and leave the choice for the holder to follow advise or not.

I also agree with op that older members should try as much as possible to always dish out the right advise at all times as you never know who might be secretly following your teachings even without informing you.

As a newbie to the cryptocurrency market and community, you shouldn't be in a haste or rush into trading but to rather take your time to explore the market so we can identify the niche that best suites us as there are several opportunities in the crypto market.

Although there are various opportunities in crypto, there are also many risks. In that regard, new investors should have a proper idea about the risks. Where to invest, how much time to invest, what kind of income source to invest from, etc. You should also have a proper idea about these issues and make a decision.

Opinions of various experts can be taken. But at the end, you have to make the decision by yourself. Everyone has the ability to understand the right thing with their conscience and logic. So, it is not like you have to accept just anyone's opinion. First, research yourself and gain knowledge, and then you can take opinions from others.

Then you can invest depending on your financial situation and mentality. But finally, I will say one thing, that is, do not invest in any other crypto outside of Bitcoin.

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April 09, 2026, 03:45:50 PM
 #85

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.
You are not wrong with your words, which are very essential keys for newbies to adhere and practice on, because it has more advantages than disadvantages and this will make them to understand that  its important to exercise self-control or self discipline, which will be of support to them to scale through this journey and enjoy the essence of it. And also, its norms for this young ones of this generation to always do what its in their mind, because they believed it to be true and right and until they face with any challenges , that is when they will be seeking for advice to key to. However, it's important to keep learning and learning, if they want to grow and be profitable in their investment.

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April 09, 2026, 05:55:50 PM
 #86

Most times those words come so no one holds the other accountable for their misuse of information. Imagine telling a newbie to hold rather than trade and their desperate nature keeps pushing them into trading and sometimes they will try to implicate another by enforcing validation on them and if they mistakenly consent they shift blames quickly when things turn sour.

I outrightly tell them to hold instead and when they try shifting the focus I find a way to end the conversation while I look for a possible means to leave the premises to avoid someone putting me into something I won't be ready for if it backfires.

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April 09, 2026, 06:13:46 PM
 #87

Well one is safer, except the fact that they are newbies, they are actually old enough to study about Bitcoin and its risks,
If one trades Bitcoin, because of the consideration of a grown Ahh newbie he or she shouldn't talk about his experience in the forum?

You can be inspired, but it's and will always be your decision to make. in this forum people that should search for information are the one's who already know the basics of What your in search for, even if you don't, you should not totally depend on the forum for all information, there are good and bad, all of them are experiences, but if you still go out and search for the one that will fit your personality you will know the one food for you.

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April 09, 2026, 07:24:52 PM
 #88

Most times those words come so no one holds the other accountable for their misuse of information. Imagine telling a newbie to hold rather than trade and their desperate nature keeps pushing them into trading and sometimes they will try to implicate another by enforcing validation on them and if they mistakenly consent they shift blames quickly when things turn sour.

I outrightly tell them to hold instead and when they try shifting the focus I find a way to end the conversation while I look for a possible means to leave the premises to avoid someone putting me into something I won't be ready for if it backfires.

There is something i always tell people who are into bitcoin and they want to teach a beginner about bitcoin and what i tell them is to only teach them the important things they need to know and leave them with the option of either choosing to invest or trade so that in case they encounter any challenge they won't blame you for their misfortune. Newbies are always desperate for quick wealth and that is why many of them end up investing in altcoins that have no future.
    I don't even tell anybody to hold bitcoin, if i have explained bitcoin investment in details, you will have to choose how you want to go about your investment. The reason why i do that is because most newbies do not understand how volatility works so if they encounter a time when the market price is falling, they might get demoralized and even opt to sell their bitcoin and blame you for their losses so your duty is only to educate them but let them have the option of choosing to invest or trade.

R


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April 10, 2026, 09:24:19 PM
 #89

Most times those words come so no one holds the other accountable for their misuse of information. Imagine telling a newbie to hold rather than trade and their desperate nature keeps pushing them into trading and sometimes they will try to implicate another by enforcing validation on them and if they mistakenly consent they shift blames quickly when things turn sour.

I outrightly tell them to hold instead and when they try shifting the focus I find a way to end the conversation while I look for a possible means to leave the premises to avoid someone putting me into something I won't be ready for if it backfires.

There is something i always tell people who are into bitcoin and they want to teach a beginner about bitcoin and what i tell them is to only teach them the important things they need to know and leave them with the option of either choosing to invest or trade so that in case they encounter any challenge they won't blame you for their misfortune. Newbies are always desperate for quick wealth and that is why many of them end up investing in altcoins that have no future.
    I don't even tell anybody to hold bitcoin, if i have explained bitcoin investment in details, you will have to choose how you want to go about your investment. The reason why i do that is because most newbies do not understand how volatility works so if they encounter a time when the market price is falling, they might get demoralized and even opt to sell their bitcoin and blame you for their losses so your duty is only to educate them but let them have the option of choosing to invest or trade.

Exactly, that's the biggest mistake you could ever make especially if things turn out wrongly for the people whom you advise to invest in bitcoin, some people will find it very difficult to trust bitcoin, so you don't have to convince them to invest in it or trade with it. An individual is going to need or requires a long time to acquire knowledge about Bitcoin in order to understand what it's actually means. And with that they will be able to understand little things about it. Some may be thinking that maybe is a way to get rich easily, and they will not be able to exercise patients in order to achieve what they want. Everyone has the right to make their own decisions either to accept and recommend your introduction or to reject, You have to allow them to make their decisions based on their interests or perspective.

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April 11, 2026, 05:10:25 PM
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 #90

Of a truth, Bitcoin is best held, you go stand better chance of profitability when you hold for a long term, but this one no mean say e no get people wey dey actually dey get am clear for trading yeah? And e no mean say people wey choose the path of trading dey do the wrong thing. Everybody get their different goals and expectations from investment. E get people wey their goal na financial independence, while e get others wey their goal na just to dey get their daily 2k from Bitcoin. Wetin matter no be really the path you choose to follow but how you take follow am. E get people self wey go wan hodl for the long term but as time goad on them don give up or quit, so no be say anyone wey just start to invest for Bitcoin, everything don better for the person. Me I go say make everybody stick to their goals, except say your goals dey unrealistic, but if e dey realistic, I no see why not e no go follow am, besides, investment no be for everybody.
I'm a newbie, but before this time I understand that with or without advice, we have decisions to make not only in the Bitcoin investment settings but also in other things of life, no one can forced to do anything, humans can only be adviced that ends it, many beginners are ware that Bitcoin investment is for a long-term but many of them choose they want not because they don't know some of this things, the best path for any Bitcoin investor is acumulating and hodling for a long-term but trading and other short term profit like investing and withdrawing profit when any investor feel like has always been their and there's no amount of advice that can change those who have decided that it is what they want but that doesn't mean that advice in regards to investors flooring good approach should stop.
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April 30, 2026, 09:30:35 PM
 #91

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.



OP thanks so much for your idea of creating such motivating and educational topic, that will also help interesting investors to keep try and being careful with there individual decisions in Bitcoin. Knowledge is said to be power and at the same time it can also mislead people  if it's not properly utilized. What we say and do can harm the young ones in the Bitcoin bword positively or negatively, when it's not clearly understood. We suppose know say people dey watch us and the things we dey do even when we no dey pay attention to it.

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May 01, 2026, 10:35:24 PM
 #92

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.
That is a bad impression to be sending out in the forum, for anyone or the newbies can copied a wrong information towards some practice that can help them, like you say, it's anyone choice to do whatever they want with Bitcoin including trading with it, there are still up coming investors that read through several discussions to learn something from them, it will be a bad idea of misleading newbies from the beginning.
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May 01, 2026, 11:53:09 PM
 #93

That is a bad impression to be sending out in the forum, for anyone or the newbies can copied a wrong information towards some practice that can help them, like you say, it's anyone choice to do whatever they want with Bitcoin including trading with it, there are still up coming investors that read through several discussions to learn something from them, it will be a bad idea of misleading newbies from the beginning.
If the newbies are actually reading through lines from different sources, then they will learn how to compile information together and make right decisions unless they are just asking for random advice and making decisions based on what few people advise them; misinformation is not good, but the real deal lies with the investors to put more effort into asking more questions from different people before making decisions on what to do.

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Yeesha
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May 02, 2026, 09:52:46 PM
 #94

That is a bad impression to be sending out in the forum, for anyone or the newbies can copied a wrong information towards some practice that can help them, like you say, it's anyone choice to do whatever they want with Bitcoin including trading with it, there are still up coming investors that read through several discussions to learn something from them, it will be a bad idea of misleading newbies from the beginning.
If the newbies are actually reading through lines from different sources, then they will learn how to compile information together and make right decisions unless they are just asking for random advice and making decisions based on what few people advise them; misinformation is not good, but the real deal lies with the investors to put more effort into asking more questions from different people before making decisions on what to do.

I strongly believe that the newbies have gone through the rules and regulations that governs this particular forum, but the fact is that sometimes you will need an experience person to help you and also guide you through the forum, just to gain more experience and clarify themselves from some of the things that is unclear to them. Is actually not their fault if the person gives them wrong advice, because there is nothing wrong with asking questions, wise man says "he who ask will never miss the way" especially in the act of acquiring new knowledge and gain new skills and experience in order to survive and last more longer in the forum, and also to avoid silly mistakes. Giving them good advice and teaching them what they need to know, is the best way to avoid making mistakes.

I_Anime
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May 02, 2026, 10:42:49 PM
 #95

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 truth is that everyone knows what works for them . Due to fact that trading is not for  everyone doesn’t means is misleading, folks can literally go into trading as they accumulate and hold Bitcoin for long , you can trade Bitcoin but not with your holding money .

Many at there are using trading for the betterment of their lives . Many are doing good In their trading career just as how many are also doing good in holding bitcoin.

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May 03, 2026, 05:43:37 AM
Merited by Futurexxx (3)
 #96

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.
Op, I totally agree with you on  every single thing you have said on this thread. However, it is always decent or right  to advice newbies or rather direct them the right path to take in their investment decision but most times what really contribute to the problem we are having lately is when the newbies in question got their eyes on quick pay. When they enter with an already existing mindset of making it fast without considering the repercussion that is attached to it. Though it is important we play our roles as the older folks to them on the right things to do but I think they as a newbie also have a more important role to play also to result out a successful outcome in their bitcoin investment journey.

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May 03, 2026, 08:11:33 AM
 #97

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 truth is that everyone knows what works for them . Due to fact that trading is not for  everyone doesn’t means is misleading, folks can literally go into trading as they accumulate and hold Bitcoin for long , you can trade Bitcoin but not with your holding money .

Many at there are using trading for the betterment of their lives . Many are doing good In their trading career just as how many are also doing good in holding bitcoin.
I think the truth is that even though everyone knows their own strengths, most of them cannot make good decisions. Most new investors have a get-rich-quick mindset, they are desperate for shortcuts and make bad decisions. Little knowledge of the crypto market lures them into trading. In the beginning, they get confused and buy with the funds they have and wait for the price to increase.

Some are doing well in their trading careers but they have practiced a lot in the past to get to that point. Sometimes they have lost and sometimes they have made profits and sometimes they have bought the wrong cryptos because of misleading information. The learning period is important during this time, you are more likely to make mistakes. Buy with the extra funds you have and have a long-term investment mindset. As you gain experience the amount of Bitcoin accumulation will be a significant amount and you can start trading in small amounts during that period.











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May 03, 2026, 01:09:17 PM
 #98

I no fit remember if I been don write on this thread but sincerely the choice of how to use one's coin solely Dey very dependent on the coin holder an the only thing we fit do na to advise and leave the choice for the holder to follow advise or not.

I also agree with op that older members should try as much as possible to always dish out the right advise at all times as you never know who might be secretly following your teachings even without informing you.

As a newbie to the cryptocurrency market and community, you shouldn't be in a haste or rush into trading but to rather take your time to explore the market so we can identify the niche that best suites us as there are several opportunities in the crypto market.

I still believe in testing the waters first no matter what it is you’re getting into as a newbie, you shouldn’t just rush in without knowing your way around.
It’s very important to always try to give good advice and when giving out risky moves or ideas in this space always put a disclaimer or warning. There are a lot of newbies who will want to follow what someone they consider a veteran is doing and want to do same. You might think nobody is watching you but unknowingly there are a lot who are.

 
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May 03, 2026, 01:37:43 PM
 #99

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.

Op you are right to be considerate about the people whom may have not grow in knowledge and understanding but however what if you are telling the person what is better and they are telling you to leave them alone with there money how you go do about it?, before you they see people they talk say make them leave newbies to do waiting them like people done really see how some of them responded to there advice but however waiting I go just talk be say if na something way we fit no say our advice go matter for the person make we no stop to they tell them say na investment be the best and to also tell them waiting them go see for trading if na were there greed carry them go.
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May 03, 2026, 06:33:09 PM
 #100

Op you are right to be considerate about the people whom may have not grow in knowledge and understanding but however what if you are telling the person what is better and they are telling you to leave them alone with there money how you go do about it?, before you they see people they talk say make them leave newbies to do waiting them like people done really see how some of them responded to there advice but however waiting I go just talk be say if na something way we fit no say our advice go matter for the person make we no stop to they tell them say na investment be the best and to also tell them waiting them go see for trading if na were there greed carry them go.

With how I understand is that you can never force someone to do what is not suppose to do, someone word can't confuse someone from not investing in bitcoin, because when you want to invest you need to look for knowledge about it first before you start the journey. So anyone that is talking about hash word to you about bitcoin trying to confuse from not investing or scars when you have make your personal research and understand it better you can't be even worried about what someone is saying,  you will just follow your mind and do what you want to do, no one can forces you to invest or invest all decisions is from you no you will do what will favour you out.

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