There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?
There are now tools and studies that we can use for us to predict the price of the cryptocurrencies. Professional traders can easily make money in trading world because their knowledge is sufficient and they are using many strategies and techniques.
Tools can only make your life easier by providing you an automated process so that you can still do other things aside from trading. in short , tools are only useful for those busy person that cant do trades oftenly or cant watch the market oftenly. Overall , being knowledable do also helps but the market is still fully unpredictable. you cant just earn a profit more easily even though your a profesional because the market is not revolving on your own hands.