Quote from: GregH37 on October 17, 2018, 09:06:17 AM

Quote from: Herbys on October 16, 2018, 08:30:00 AM

The main thing for every trader is stability.

No need to chase after profits, because at any time you can make a mistake and merge twice as much.

A gradual and steady increase is the key to success and a sign of excellence.

But for this you need a lot of patience.

I would even say a gradual and steady learning phase until you know how to do things right is what is always important. Also, a lot of people tend to want to see themselves making very huge amount of money from trading and they tend to always forget that there is actually no way you can get the best by being greedy or being in a haste to do anything as you will end up being short of learning, building experience and strategy and in that case, you will just be busy gambling your positions in the market, which the last time I checked, a whole lot of people that ended up going that path, things always end up flopped for them.

Absolutely, learning phase is actually one of the things that we really take for granted most of the time in our early days of trading. Sometimes we tend to do some rush learning just because we simply want to end up taking advantage of the market quickly to start making money, and instead we ended up seeing things the other way round and quickly getting frustrated.

Trading cryptocurrency and making profit from it, requires, knowledge, skills, confidence in those skills and discipline and if all these things are lacking, it would be a hard thing to ever come by profit and if you do not end up getting to learn the hard way, you may just chicken out and consider trading not to be your thing.