Post
Topic
Board Trading Discussion
Re: Hello traders
by
coinplus
on 19/05/2018, 16:46:20 UTC
Crypto trading is promising high profit even we can make profit up to 100% amonth, and no others kind of investment offer this return except crypto trading, that why many more people interesting in to it , and try to make money from it. But become succesfully trader is not easy, should be through long proccess and patient to learn more thing to make better trading strategy. To become expert trading we should be learn about technical and fundamental analysis, and also psychology of trading.

There's no such thing as promising especially since we're dealing with a controversial and unregulated technology here. Trading cryptos is a high risk venture and you should never jump in the water with both feet.
Controversial, unregulated, high risk does not mean you can still not trade it and make a lot from it, but the idea of it all is to be able to know how to minimize those risk by knowing every quality decision to make at every certain point in time which you obviously will not be able to make if you are not vast in the knowledge of trading. I have seen so many people who just opted into trading with no knowledge and simply just ended up messing it all up. It is something that requires being careful but does not mean you cannot do well as a trader with the right skill and strategy.
Yes, I feel a lot of people including the OP are missing the point. For instance, driving a sport car at top speed on a busy road is risky, but that does not mean you cannot get to your destination is you are a pretty good driver who can handle sport cars.

Same applies with trading, the fact that it is risky does not mean you cannot trade it; all you just need to do is to learn how you can at least not end up crashed and burned in the process by knowing what you are doing. Those who have tried trading the cryptocurrency market without knowledge can pretty much attest to that.