Guys, I am rather new to trading. Initially when I did get into crypto currencies my idea was to select a few coins and HODL until their value appreciated and maybe cash out some tokens whenever i am in need of money. Little did I know I was in for a big surprise few months into crypto currencies the market was so volatile.
However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
Can you take the no real money trade for atleast 3 months? And this is just the practice period and not the study. Though you can mix the theoretical and application approach for better learning, one can attest that you really need patience to have a discipline. This is to test your emotions and greed in ways to be objective at all times. However I believe that emotions can be tame in the real arena.