At least the trading must be planned from the beginning, have plenty of time, but also have a lot of money and decide for full time in this business. Indeed, crypto trading is considered to be far riskier. Because, the movement is very volatile, so it makes market participants, must be very careful in making decisions. Here there's no long-term investment term as in stocks which we can leave for years.
After all, this huge loss is a valuable lesson for you and others, so that you can grow discipline in trading. If you lose, you have to dare to cut-loss. Don't always / much hope that the market will reverse direction, so you do not cut-loss and finally lose a lot.
Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital
. Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings about trading. I'm using bittrex.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital
. Some coins are still in hold. I just want to ask what can you give to me an advice or any learnings about trading. I'm using bittrex.
After all, this huge loss is a valuable lesson for you and others, so that you can grow discipline in trading. If you lose, you have to dare to cut-loss. Don't always / much hope that the market will reverse direction, so you do not cut-loss and finally lose a lot.