The marketplace is like a battlefield; one misstep can lead to total loss. Not only beginners but even elite professionals must proceed with caution. For beginners, how to win the first battle in contract trading and fully utilize knowledge and experience to profit from the first trade is crucial. The performance during the 'beginner period' will influence the direction of the path in the market and even impact future trading habits.
However, in this industry, which has not yet developed for a long time, there is no systematic learning for beginners. The most crucial requirements for successful trading are past trading experience and understanding of the market; both are indispensable. For beginners, both can only be obtained through personal trading. However, blindly trading often increases the likelihood of failure, leading new entrants into blockchain digital currency contract trading to a situation where trading success requires experience, otherwise failure is likely. Yet, experience can only be gained through trading, which carries a high risk of failure.
Due to incomplete industry knowledge, even self-study cannot lead to a complete understanding of market knowledge, which causes countless novices to give up entering contract trading after struggling for a while during their beginner period. Some novices choose to spend a significant amount of funds to learn experience through practical combat, incurring a hefty tuition fee.
In fact, there are ways to get through the beginner period, and one such method is to approach contract trading differently. Contract trading does not only involve self-directed trading; among the various methods of contract trading, the one most suitable for beginners is contract agency.
Contract agency refers to the authorization developed by major contract exchanges for blockchain entrepreneurs, where contracted brokers with authorization recommend suitable contract exchanges to digital currency investors. Each time a broker makes a recommendation, they can earn a commission when the user trades at the corresponding exchange. Brokers themselves do not necessarily participate in contract trading.
Not needing to participate in contract trading means no need to invest funds. In various communities, novice brokers are usually guided by elite contract brokers, so those without experience can also become contract brokers. Typically, teacher brokers will first explain some basic knowledge and market overview to novices, and if there are any questions, they can directly ask the teacher. Once the novice understands certain knowledge, the teacher will guide them through practical operation until the novice successfully becomes a contract broker.
So there are indeed ways to get through the awkward beginner period. If you don't want to pay expensive 'tuition fees', then novices can try becoming contract agents.
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