Quote from: Chachacoin17 on May 31, 2018, 04:27:58 PM

Quote from: Lumada on May 31, 2018, 03:39:37 PM

Quote from: blackandred on May 31, 2018, 03:30:22 PM

it's best to start with a small amount of money . if you do day trading , you should not exceed 5% profit every time . the higher the profit , you may get stuck . in the end , patience is the most important .

It's hard to say when you will get that profit limitation. The best thing to do is sell everytime you have profit within that they or else you will still lose again if wait for that profit limitation.

Crypto experts or newbies should be prepared before investing or trading as there are a lot to be aware of in cryptocurrency industry. It's full of volatility, and wild price movements. It's very important to know what you deal with, keep calm, and to sell or invest at appropriate time. You need to learn to familiarize and study trading methodologies, and in reading the chart to help reduce risks and huge losses.

Don't sell out of panic, learn to analyze when is the right time to buy, hold, or sell and when to take advantage of both rising and falling in market. Traders should learn to choose their style based on the amount of time that can be spent to trading, level of trading experience, and toughness to deal risk factors.