PlagiarismBhig Daddy BannedI would have advised you to choose Electrum, but since you have already been given the link to a thread that lists various wallets, you are free to make your own decision. However, whatever wallet you choose, make sure it is open source. No matter how cool it may look, you should never choose a closed source wallet. Instead, focus on the security that the wallet provides for your coins. After saying that, I wish you luck in your trading endeavors.
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I would have asked you to go for Electrum but since you have already been given the link to a thread that contains different types of wallet then you can decide for your self but make sure whichever wallet you decide to go for, make sure it's an open source wallet don't go for a close source wallet no matter how cool it may look, remember you should not be considering the designs of the wallet UI but the security that it offers to your coins. With that's been said I wish you the best of luck in your trading journey.
https://loyce.club/archive/posts/6188/61881269.htmlFor educational purposes, it might be acceptable to explain trading to the kids so they will at least understand how their father earns some additional cash, but if they do not have the motivation to engage in real trading, this may be a pointless exercise. The majority of the time, a trader needs to lose some money in order to be serious, and in the case of youngsters, you may be the one to replenish the account when it is blown out, which may prevent them from being serious and committed to learning. I won't focus on legality because if certain websites have KYC age limitations, you can't do much about it, but teaching isn't terrible so
https://loyce.club/archive/posts/6189/61893148.htmlparaphrasing from post:For knowledge sake maybe it is okay to teach the children what trading is at least they can know how daddy makes some extra money but for real trading, this may be an exercise in futility if the child have not shown the zeal to trade because trading is not easy. Most times it takes a trader some lost amount to be serious and in the case of children, you may be the one to refill the account when it is blown out so the seriousness and commitment to learn may not be there. I won't emphasize on legality because if some sites have placed some restrictions there regarding age by KYC then you can't do anything about that but to teach isn't bad so that the child understand financial freedom on early stage.
https://loyce.club/archive/posts/6187/61876896.html
PlagiarismMunir575 BannedAct wisely and invest responsibly because All traders, including seasoned pros, make these errors, for which they ultimately pay a price. The primary prototype that a trader should control is greed. Beginners and traders succumb to greed and overtrade, which leads to blunders. I am aware that keeping is occasionally preferable, which is why they always recommend trading within your means. If you go over budget and trade with your savings, you may be obliged to sell the coins at key moments when keeping them could have been a better choice.
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All traders, including seasoned pros, make these errors, for which they ultimately pay a price. The primary prototype that a trader should control is greed. Beginners and traders succumb to greed and overtrade, which leads to blunders. I am aware that keeping is occasionally preferable, which is why they always recommend trading within your means. If you go over budget and trade with your savings, you may be obliged to sell the coins at key moments when keeping them could have been a better choice. Act and make investments as such.
https://loyce.club/archive/posts/6155/61551769.htmlI'm not aware of any openAI specifically designed for trading. I've come across bots that simply assist you in carrying out your transactions automatically by putting them up beforehand, but they won't carry out the entire trading process, such as making judgments automatically if the market suddenly collapsed. I conceive of these AIs as being similar to guides, but they are unable to forecast the market, offer insightful analysis that is based only on data, and express opinions about trading on the extremely unpredictable cryptocurrency world.
https://loyce.club/archive/posts/6190/61903167.htmlparaphrasing from post:I don't know that there's an openAI that's dedicated to trading. I've known bots that will just help you to do your trades automatically by setting it first but it won't be the one that's going to do the whole thing of trading like giving decisions automatically if the market suddenly fell.
I believe that these AIs are just like guides but they can't predict the market and they can give some good thoughts of analysis but they're all based on facts and they can't really say what they think about trading on a highly volatile crypto market.
https://loyce.club/archive/posts/6168/61684042.htmlYes, there are no issues when kids are learning to trade, but it would be wise to let him wait few more years till he is a full adult before engaging in actual trading. Don't let it backfire on yourself because if he trades now, the risk is larger and he is still reliant on the money his parents gave him. He needs to comprehend the fundamentals of trading. In order to use his money wisely in the future, he must also have a prior understanding of how it feels to generate money.
https://loyce.club/archive/posts/6189/61896125.htmlparaphrasing from post:Actually there is no problem when they learn to trade, but to jump right into trading practice it would be better to wait 3 or 4 years first. The reason is that if he trades now, then the risk is higher, he is definitely still relying on the money given to him by his parents, so don't let it backfire on himself. He must understand what trading itself is all about. He also has to know in advance how it feels to make money so that what he does later will be careful with the money he has. In conclusion, wait 3 or 4 years, even longer after he really understands. Because this is not a game played by children.
https://loyce.club/archive/posts/6188/61884284.html