I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
Crypto trading don't differ of simply trading. So there are such rules:
1. To make independent decisions;
2. Have a psychological resistant (always follow selected strategy)
3.To perfect own strategy - self-education and knowledges..
4. To identify the patterns between the economic and political spheres that have a direct impact on the investment market (fundamental analysis)
5.Tecnical analysis
6. Risk assessment
For beginners I reccomend to trade cryptocurrencies from Top 10. Do not mess with little-known cryptocurrencies, if you havn't an insider information...