CRYPTOCURRENCY BEST RULES. ALWAYS FOLLOW THESE.
#Patience is the key to success in trading
#Never be panic ,never sell in loss if coin is already dump
#Always wait for right time to buy.
#Sell when you feel good.
#Don't fall in love with one coin.
#Don't worry and cry if market will be sudden dump due to bad news.
#Don't enter in the peak value of coin if you have no idea about the achieved target.
#Don't forget stop-loss on support if coin has multiple supports.
#Don't invest in dead coin.
#Trade at your own risk.
#And last dont regret if you sell a coin and coin goes up afterwards ,profit is always profit ,because in both situation you will regret if coin goes down you will say why i didnt sell and if coin goes up you will say shit ,why i need wait I sell in low price but the thing is profit is always better ,profit is profit ,always set what percentage you want from the particular coin and sell it .Never regret next trade is waiting for you.
IF YOU FOLLOW THESE RULES NO ONE CAN BEAT YOU IN TRADING .
To turn into a simple rule, we need to have capital, knowledge and discipline. These three virtues will give us a successful trade. In order to be a profitable trader;
1. We must have capital because we cannot execute a good trade or buy a position without our capital. Capital is one of the factors of production, the more capital we have, the more we gain money.
2. If we enter the world of trade, knowledge is important. Of course, we should know about the technical side of trading not just only buy and pray later. That is not enough to execute a trade because if we are prepared, a lot of tendency that we lose our money.
3. Discipline must be consistent! People who have this virtue will succeed. A person who can wait and don't have a greediness with their mind will become successful. There is a perfect time for everything and we must have the patience to wait for it.