I have noticed something about some people in this forum...
Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie? You see them saying things like “Bitcoin trading is not for newbies”
None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.
So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.
Thanks.
A newbie may be a newbie to Bitcoin forums but may not be a newbie to Bitcoin. Although he is a late entrant to Bitcoin forums, he may be quite the expert on Bitcoin investment and trading. However, some cautionary advice is given to newbies when it comes to investing in Bitcoin.
If an investor is interested in investing in Bitcoin without directly knowing about the investment risks and the type of investment then some cautionary advice can be given to the investor. All those newbie investors are advised to know about the market condition, risk of investing, long term and short term investment profit and loss etc. before investing in Bitcoin.
Bitcoin trading and investing are basically advised in the same formula but there are some newbie investors who directly invest without following any of these and later face huge losses which are not desirable at all.
You know, its funny how sometimes people assume that if you're new to a forum, you're also new to the subject. But you're right! Even though someone has been around Bitcoin for years, they can be new here. But the amount of people that leap in without completing their homework worries me. We're talking about Bitcoin, after all, not some obscure arcade title. All investors, experienced or not, ought to be aware of the dangers, opportunities, and workings of the market.
So, to all our newbie friends (and not-so-newbie friends), do your due diligence. Really, think carefully before investing your money and make sure you know what you're getting into. And why not impart your knowledge if you're one of those specialists who lurk in the background? You never know, you might prevent someone from making an expensive error. Who am I to say, though? Perhaps some people simply enjoy making their own mistakes.