Post
Topic
Board Trading Discussion
Re: Which knowledge is important for crypto trading?
by
TravelMug
on 30/03/2018, 01:05:59 UTC
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...



The basic knowledge you need in crypto is the technical and fundamental analysis. These two analyses are vital for your investment or trading success. Aside of knowledge there more important things you need to learn in cryptocurrency and that is the virtue of patience. Many people became millionaire because of this virtue.


I have to disagree with you, learning technical analysis? Are you serious? Take years to really perfect this craft dude. Don't go too technical, just a simply knowledge about reading the trend and graphs will be helpful at the beginning.

I guess the first time someone needs to understand or what is important is to see how the price moves and check your emotions out of the door. You need need to be emotional specially in trading because it will make a difference whether in making profits and specially cutting your losses.