Quote from: Tankdestroyer on May 28, 2018, 10:28:59 PM

Nice tips you got there but I think your tips are lacking something. One of the most common mistake a newbie does is to invest in only one coin which in the end leads to loss if that certain coin does not perform well. That being said, you should have had included there this: "diversify your investments. Never invest in one coin only and always remember to not put all your eggs in one basket".

Yeah, that is more like diversifying the risk and spreading them across different pairs. It is a great tip for beginners though and those books are some pretty good ones for every beginner to make good use of to be able to build themselves in the journey they are trying to embark on. Trading is not a small stuff, as it is amore of a profession and the need to do it right is always necessary due to the risk involved as well.

Quote from: Nerman on May 29, 2018, 05:08:21 AM

I just wanted to add that experience is very helpful as well. If you do not have any experience in trading I will suggest that before using your real money for trading you try to feel trading by using a demo account. If you are in a rush to trade then do not put in a lot of money. Once you are comfortable then start putting a big money.

It is a good tip and with that at least a wannabe trader can know what to expect in trading before even starting. Problem is that a lot of people do not like reading and they are always looking for the easiest way out most of the time when it comes to trading, but one thing everyone should always understand is that trading requires great effort and you do not want to be caught up making wrong decisions every time or getting emotionally involved.