I spent a lot of effort on learning about trade. I have also experienced many psychological feelings, ups and downs, so I would like to share from the bottom of my heart some tips for beginners or amateur traders:
1. Trade only 1 pair of currency: usdt and altcoin
2. Invest in good altcoins only (1-5 crypto), focus will bring about higher chance of winning. Treat btc as an altcoin and make a speculation with it. Learn how to identify a good crypto in order to hold the coin whenever the storms come.
3. BUY ON RED- SELL ON GREEN. Spend only one third of your money on trading long down waves. Two-thirds of the money should be allocated in the downtrend cycle of this market.
3. Prepare yourself for the great crisis that may happen during 2019-2021. Before that time, you should be flexible to convert your money flow from cash, real estate to gold and valuable assets. During the crisis, we can hold diamond at junk price (for crypto and securities) and buy good real estate at low prices.
How you can predict That in point no. 3. World will face Crisis. You want to say ? That We buy crypto now at junk price and Sell in 2019-2021 year when price will jump in market and we can use that funds to buy Real estate.. Seems You have been mis guided by someone
People makes different predictions about price of bitcoin no one clearly knows what will be the situation in 2019-21. But many expert traders are saying hope fully the price of bitcoin will rise too high at the end of this year and 2019 is going to be the year of bitcoin, we are following the expert suggestions, so I think we should trade long till 2019-21.