The most difficult times - page 4. | Bitcointalksearch.org

Alpha Marine

sr. member

Activity: 686

Merit: 332

Quote from: SquirrelJulietGarden on December 09, 2023, 03:16:59 AM

The most difficulty for newbies are
- Avoid trading Bitcoin.
- Avoid touching altcoins.

It's very difficult for a newbie in the cryptocurrency space to not touch altcoins. I can understand that, it's a rookie mistake. They're green to the industry so they don't know much about it. They do not know why it's best to stick to Bitcoin, they don't know that there are so many altcoins that will remain shitcoins.
They might just gotten the idea that if you buy a crypto coin today, it might make you a millionaire sometime in the future.
So that's an understandable rookie mistake.

The same goes for trading Bitcoin. They already know how to buy and sell Bitcoin. They know how to use an exchange "How hard could it be".
They've already gotten the orientation that crypto trading is the new oil. They feel it's just normal to buy and sell until they start losing so much money and realize there are so many technicalities between buying and selling in trading.

hugeblack

legendary

Activity: 2688

Merit: 3983

Trading does not require extraordinary skill. The rules used are simple and can be learned within several months. Therefore, the difference between beginners and experts is several hours of learning, but obtaining accurate news from sources not available to the public and the ability to analyze market variables to understand trading trends and how it is affected by political and economic factors is what makes you achieve more profits from more experience and knowledge of the basics of trading.

SquirrelJulietGarden

hero member

Activity: 1442

Merit: 775

Quote from: Barikui1 on December 08, 2023, 11:40:07 PM

Trading as a beginner or as an experience traders might gives us different results like the possible outcome of your trade base on your vast knowledge about the craft, but we should not forget that the work we put in even when we are blowing different account defines us

The most difficulty for newbies are
- Avoid trading Bitcoin.
- Avoid touching altcoins.

If they can have bitcoin but avoid trading bitcoin, they will be Bitcoin holders and will easily get profit by holding bitcoin.

When holding, they must hold their bitcoin safely and not store it on centralized exchanges.
Reminder: do not keep your money in online accounts
Recommended wallets

BabyBandit

member

Activity: 238

Merit: 68

The forum of keyboard warriors & crypto pro's!

Quote from: Barikui1 on December 08, 2023, 11:40:07 PM

Trading as a beginner or as an experience traders might gives us different results like the possible outcome of your trade base on your vast knowledge about the craft, but we should not forget that the work we put in even when we are blowing different account defines us.

In every business in life, knowledge about it and what it entails to succeed is always the key.
Someone that has been learning trading for years and someone that just jumped into the market base on the fact that he believes that trading is a get rich quick scheme can never be the same in terms of execution and vast knowledge of how to navigate his or her ways in the market to come out profitable.

The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.

This is true. It's only ourselves that can create our own success no one will put in hard work for us, we need of course do ourselves. Many people today 2023 have forgotten about it because the new world being so curled.
Lucky many on this forum have seen this and don't buying the shit the governments trying to play with us citizens. Crypto is a perfect way around this that's why I love places like this forum. Even tho I don't agree with everyone here about everything, we all agree in the love of bitcoin and decentralized places.

Barikui1

sr. member

Activity: 266

Merit: 205

Trading as a beginner or as an experience traders might gives us different results like the possible outcome of your trade base on your vast knowledge about the craft, but we should not forget that the work we put in even when we are blowing different account defines us.

In every business in life, knowledge about it and what it entails to succeed is always the key.
Someone that has been learning trading for years and someone that just jumped into the market base on the fact that he believes that trading is a get rich quick scheme can never be the same in terms of execution and vast knowledge of how to navigate his or her ways in the market to come out profitable.

The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.

Topic: The most difficult times - page 4. (Read 532 times)