Topic: Stop discouraging Newbies from Bitcoin... (Read 1305 times)

For those stubborn people who don't want to listen to other people's advice and think we're stopping them from getting into bitcoin. The best way is to let them experience and learn lessons for themselves. Sometimes free advice will not be valued, things paid for in money will be more appreciated. That's why I rarely advise new people because they are very stubborn and always think they are right. I think everyone needs to have experiences and we should let them have those experiences, not prevent them.

That is the best thing to do but some people have thought that what happened to early investors and those who fall into scams will also happen to them making them stay away and afraid of taking the risk.
Well, the lack of education makes their mind closed to see the real potential of Bitcoin, and teaching them is a big challenge.
But on the other side of saying that Bitcoin is risky, it doesn't mean that we discourage newbies but instead, it serves them a warning in order for them not to underestimate crypto, and at least, they are aware of what they gonna do.

I think I've come across a thread where a newbie posted and was expressing his concern and fear of what turn Bitcoin might take, from the thread, the newbie had just started his Bitcoin journey but had a few uncertainties that only needed the experienced Bitcoiners to guide and teach him how to overcome his fears, but a few persons on the thread literally asked him to quite Bitcoin if he knew he would be exhibiting fear, which is absolutely wrong. Yes of a truth, everyone on this forum have different opinions and ideas about things but then they should also be considerate and know that they didn't get to where they're now in just a sudden flight, there were times they also felt that same pressure and anxiety in their earlier days so forgetting that they ever went through that stage and saying such a thing to a newbie who only needs guidance is totally wrong. I stand to be corrected.

When a newbie or someone else wants to start up something in crypto that won't be as profitable for them as they do it, the majority of the forum members will tell them the risk involved and caution them of the steps they are about to take, so that they will be aware of what's ahead of them.

When you find the forum members cautioned more about a particular thing like trading towards newbies, don't take it as the forum members are trying to discourage them but take it to be as advice given to them.

The majority of the forum members here, can't keep quiet to allow the newbies to start trading without first of all, telling them to learn and master it before trading. For us not to tell the newbies that, means that the majority of us here want them to lose their money on trading.

In conclusion, what you should know is that the btt forum is not built on sugarcoating words for the newbies or anyone else when they want to do anything that won't go well with them on crypto. Take the advice on newbies about trading to be advice not as a discouraging word given to them.

Why people always advice newbie against inpending dangers associated with trading, is the Risk involved. In my own understanding I see that those who are educating you on what to do have seen or have come into conclusion to that beyond reasonable doubt that trading is a quick way of loosing your fund. what the old investors have seen in trading, they take it as a priority to teach you about the inpending dangers ahead. But never mind you will not understand. There is a parable that says " what an elder sees while sitting even if a child climbs the higher tree he can never see" meaning that no matter how they explain to you you will not understand until you encounter the dangers before you learn.

But if you are smart you learn from the mistake of another person rather than fall thesame victim before you learn. What ever dey tell you is for your own good. But if you choose trading it's fine but don't forget that holding for long is the best option.

During my time or do I say when started I never put interest in trading due to the fear that engulfed me and I was thinking immediately I venture into trading I would lose all my funds but it's not like that, so then what I did was to buy and hold because I was so much interested in spreading the words of bitcoin to people around as a bitcoiner but then few people suggested that I should be a holder ( that is, to lived by example) which I did buy my first bitcoin then and I am still holding till date. Then after that I do have the positive vibes in me that I am now a bitcoin holder or a bitcoiner because I can know what is bitcoin how to secure it especially about the security aspect..

.. all these while I never thought of trading because of the risk involved and I have read some numerous stories on how people lost their funds while trying to trade and I have also came across a post here a user said of how he could become a successful trader after losing his money and he keeps losing, what to do to stop it. Usually as beginners we are always desperate they want to have it when hot instead of to take it easy and plan well towards their trading journey. What i does most times is that I don't actually discouraged any one about their decision to whatever they've decided to venture into because I will also give them the disadvantage and the advantages so that they go and make their final decision and, if there are any resourceful material I don't mind sharing it so that they could learn at least to know and have the idea of what they are about venturing.

Most reputable users trying as much as possible to limit newbies from risking their hand earned money to what they knows they can't master it immediately but due to how hasten they may tends to be they would likely fall into victim causing people to always advise newbies in everything they are doing. Other example is, I know most of the newbies always hunts for airdrop but they can't have this simple sense that scammers are just using airdrop to entice them to be able to phish their wallet that is why it's always advisable or encourageable not to use a wallet were they store their funds to participate in airdrop campaign otherwise they will be scammed. So from what op is saying nobody is stopping newbies not to make progress rather they are encouraging them to be very mindful with the way they go about with trading.

I've never seen anyone discouraging a newbie from buying Bitcoin, they might have asked them to learn the risks before getting involved and I don't find anything bad in that because even if someone is planning to just buy and hold, they still need to at least understand how the market basically moves and that Bitcoin can also drop in price and it doesn't just keep going up because most people start panicking later on if they don't know this fact from the beginning.

However, others and I, always ask newbies to avoid getting into trading before they can learn everything they need to know because buying and holding Bitcoins doesn't fall under the category of trading, it can be called an investment and that might not require a lot of knowledge but trading isn't something that can be done so easily and one surely requires some knowledge before they venture into it.

They're not trying to discourage us, mate. What their try to saying is that we should learn enough about Bitcoin trading before start. since trading carries has a lot of risk, and if we beginners don't understand how to minimize it, it could result in financial loss. That's why any newcomer that comes here and wants to start trading they will advice him to go and conduct additional research so that he can figure out how to start.

Relax, my brother. We also take care of your pain.  No one is born a trader, it's true, but sometimes you have to invest a lot of time learning what you don't understand so that even when you start, nothing will be challenging. Without knowledge, there can be no wisdom in this life since knowledge directs you in the proper route.

Is not that they stop newbie from trading, What people are trying to say is that even though newbie want to trade, let him trade with amount you can afford to lose.

Bitcoin trading is not for newbies is a statement that is true depending on who is saying it. A newbie can learn how to trade but trading comes with a lot of risk and if the newbie is not well informed or knowledgeable he or she we lose a ton of money. Why many people say that as a newbie it is better to hold your bitcoin down to trade it. Personally I would say that a newbie has to spend a lot of time which trading simulation software until they feel that they have the capital to go in to trading. And this capital must be money that they can afford to lose.

Yes and of course that is the answer if someone understands, but beginners' mistakes are not learning to understand people's criticism and they are too quick to take offense. Learning can be done by getting involved in small trades first and I don't think that is limiting for beginners but rather they have to find a way first in order to gain mature experience in trading. The nature of beginners who are lazy and too quickly offended will never make them develop and criticism should be interpreted as a step for them to become more advanced.

Go back to them and if the criticism is considered annoying to them there is no problem because this is an online forum and no one cares if in the end they act like they don't want to be criticized. But wise beginners will correct any criticism made by others because it is actually just a reminder so that they do not make repeated mistakes when involved in trading.

We must not expect everyone to buy into our idea or have the same opinion as us. I believe there are members who will discourage you from partaking in trading as a newbie, and there are also some that will ask you to start. These are people with different opinions, and they have their own reasons for saying whatever they say.
 
Anyone who advises any newbie not to go into bitcoin trading is just looking at the risk perspective and advising the person to play it safe and don't endorse such risk as the newbie might not yet be ready for such.
 
Those advising you to start where ever you can also mean well for the newbie as anyone can learn from anywhere and we don't just know one thing without starting from scratch, so taking a few lessons, maybe start from a demo account for trading, do some reading and reacher, then make your conclusions and start from somewhere. Everyone has their own beliefs and career to chase, so mere words from members can't kill that dream for anyone who is determined.
 
I don't question others judgements. I just give advice based on what I think is right for me to do, and every other person can do the same thing. It's now left for the person in question who wants to engage in trading to choose what's right for him.

Some may say don't go into trading that you have no idea of what you're getting in, fine that's it but if you think he doesn't know what he's getting into and you have seen it that the in question have that zeal of doing that thing, what stops you from teaching that person?
What I'm saying is that some members just choose not to educate those newbies who wants to get into trading, they have the experience but they just rob it on the faces of newbies that they don't have what it takes to be a trader or getting into trading, which is bad. We learn everyday so no one is above learning.

Yes, because if you really want to pursue what you want, whatever anyone say, you will still do it and prove that you can do it.
I see some high rank that gives advice to few newbies asks egarding trading. For me, they are not speaking ill, newbies should never treat it as a discouragement. You see, they have their experience and advising what the newbies need to do first. It is not about stopping but to get more knowledge before doing trading.

When someone has that motivation of doing something that he loves and you discourage that person I don't think it would be easy to convince him or her to go back to that idea ever again.
The best is never to speak ill about that person's intentions or rather you use supportive words to lift that person up no matter how long it takes before learning and be good at it, is worth it I'll tell you for free.
If someone is ready to trade just encourage and support whosoever that person is rather than killing the person's dream of becoming a better trader.

Nothing can prevent someone from learning, especially if the intention is born from the bottom of his heart with a good enough spirit. A person will continue to try to learn whatever he cannot do in better ways so that he can do what he really likes. If someone really likes trading, of course the main thing is to learn everything related to trading along with how to use the big exchanges when they want to choose the cryptocurrency that they want to trade. So keep learning without having to pay attention to what other people say.

Yeah, I understand your pain. I have seen someone here in this forum discouraging someone from trading. It's really bad but you wouldn't give up either way. Don't let others define you. First what you do is find the basic places you could learn about trading ( some exchanges offer such knowledge) then you can read books and maybe try copy trading if you want

I don't get it, when is the right time to say is time for novice to start trading? Because from what you said is like a newbie have to wait for a particular time before being allowed to trade. Is it not best to let the person in question to show that ambition of getting into trading, ones this has come to light then you having the trading experience should do the needful because time waits for no one, especially when someone is ready to do something and you be the one to say you're not ready. An individual can be ready and not being in a hurry but waiting for you to put him or her through.


Those are the desperate ones, we have them in bulk in this Forum and is the same thing we do talk about new members desperately flying to reach that hight of a legendary members without following the right procedure of this forum, some people thinks the way it works for others is the same way it will work for them.
These are the set of people that deserves this thread topic, they should be discouraged since they don't want to know how to go about things concerning trading.

Actually trading is for everyone irrespective of who knows and who doesn't no, but however if someone may said trading is not for newbies perhaps he didn't mean newbies can never trade but however I think what they may be actually saying is that newbies shouldn't rushed into trading while they don't have any knowledge about trading to avoid losing money.

Because most of the newbies normally see trading as an easy way to make money without knowing the dynamics involved, so actually nobody is discouraging any newbies but instead they are actually trying to educate the newbies on what is to be considered before going into it because venturing into something you don't understand you tend to fall into a victim.

Is best to even bring those newbies into the light than pushing them away just because some of us thinks the newbies can't do better or have no idea of trading. I believe that if we start giving those who are willing to learn much attention, that all these talks about not giving newbies the chance to engage in trading won't come up in the first place, ones you see anyone who lacks the knowledge of doing something and wants to learn you teach them if you have what it takes to educate them on what they want to learn rather than casting them out.

It does imply that the people on this forum consistently emphasize the importance of being cautious about risks, without the intention of discouraging anyone from engaging in trading. Our lives are our own responsibility. Let's avoid making decisions that we'll later regret. Informing beginners about the risks involved in trading not only serves as a forewarning but also provides insight into what novices may encounter. Thus, to prevent beginners from becoming disheartened, it's crucial to understand from the outset that trading cryptocurrencies carries relatively high risks.

Certainly, no one is preventing you from diving right into buying Bitcoin, but don't be surprised if the results you achieve fall far from your expectations. This may be because you're following individuals with a high skill level in Bitcoin trading, while beginners are still grasping the nuances of the market prices.