Re: How to earn monthly income with Bitcoin/Altcoin trading??
To be very honest it is not only the knowledge that will shoot your trade to profit. I dont really mean that knowledge about a certain currency is not required but beside the knowledge, decision making plays a vital role in the success and failure of a trading assignment.
I see both the bitcoin and some of the altcoins with an equal potential to give an X number of profit. For all those people who gives a reason to hold bitcoin for a long term and it will give you a great return. I want to remind something known as time value of money. When you are advising for long term holding then also please calculate the time value. In order to be a cool financial manager.
Your ability to make key decisions still balls down to the knowledge you already have. You absolutely cannot make blind decisions right ?I see both the bitcoin and some of the altcoins with an equal potential to give an X number of profit. For all those people who gives a reason to hold bitcoin for a long term and it will give you a great return. I want to remind something known as time value of money. When you are advising for long term holding then also please calculate the time value. In order to be a cool financial manager.
The only thing with trading is that even with the learning, once you have made your quick research on a coin you may want to add to your portfolio and you are sure of the decisions you want to make, just make them fast instead of contemplating until you get to a point you can no longer buy in.