What your opinion?

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What your opinion?

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

Geek LK Answered question June 4, 2024
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An absolute newbie can not understand the rudiments of the market easily without a trusted person or persons guiding the user..
So my advice would be to first and foremost, find a trusted person  as a mentor, he or she could be a friend, family member, a brother or sister.

The above is what I believe is the first thing to do when one is starting out their investment journey in cryptocurrencies, as well as crypto trading, cryptocurrency still looks very complex to many, newbies would make a lot of wrong decisions if he or she doesn’t not have a mentor or tutor.

Geek LK Answered question June 4, 2024
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Trading is not the same as investment, both are risky but trading is riskier. For anyone that wants to be a trader, my advice is to never depend on it, start small and use the amount of money that is lower than the amount of money that you can afford to lose to trade. If you continue to trade, you will know which step to take depending on how trading favours you. But just like gambling, never rely on trading, although trading is not gambling.

Lakshitha Kumara Answered question June 4, 2024
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