Post
Topic
Board Trading Discussion
Re: What are the useful tips for beginners?
by
Ewinsane
on 22/06/2018, 09:46:31 UTC
if you are just a newbie in here, the bets thing that you can do is just to try to avoid having too much feelings while trading, and try to avoid being a greedy guy

Yes that is one way to control the emotional factor while trading. Adding about the skills, I would say a newbie should be well versed about the technology he/she wants to invest in and the market situation by which I mean to say he/she should have the perfect market knowledge. Also some knowledge about economics and finance would not be bad either.
Initially, a beginner needs to learn enough information to understand what exactly he wants to do. in any case, at the same time as theory, you need to engage in practical activities, but this requires a small start-up capital.
Could not agree more. This is what the new guys in the market should have before investing. They should have this ability to evaluate the profitability and risk related to the crypto. Besides, perfect information is something very needed in the crypto market and is a way to earn some good money.

Moreover the initial investment should be a small investment to just have a glimpse of the market. Once you are experienced enough, you would be well off in the end.