There are many reasons why people lose their money
BINANCE argues lack of knowledge
Studies and countless explanations
99% of people lose in trades
99% means they lost by selling cheaper than they bought
So for obvious reasons, it means the currency dropped
And dropped so much that the person to avoid further losses chose to sell it cheap.
Or their stop loss managed it automatically
Or some were liquidated
So 99%
Who sold at a low cost.
MEANS that there is no security.
Cryptocurrency is not reliable
Study study study
And even then you can still fail
So is it that difficult??
Well, 99% lose and the numbers speak for themselves.
Are you investing in a business where you have more risk of losing than chances of winning?
Where the gains will be very small and the losses will always be high?
Would you buy something that you know can lose value in just 10 minutes?
99% and you will be the winner?
Well, if you study for years or maybe 3 years
According to Binance. You might win.
So....
What do you prefer? Study for 2 to 3 years and come back
Or waste resources that you will surely lose.
By using logic
No great explanation is needed.
Your chance of winning as a novice
IS 0%
And the experts are not here.
They TRADE in another type of market.
With reliable assets.