Post
Topic
Board Trading Discussion
Re: minimise possible losses in trading
by
BlackPanda
on 27/12/2018, 10:19:53 UTC
My opinion is that every single person can become a profitable trader and you do not need to be a specialised trader to make consistent daily profits.
Every single trader can't be profitable at the same time,since trading is just creating money from the loss of other trader so if youa re making money here means someone is losing their money on their hand.
Loss minimization is the second name of profit maximization and it can be done by not trading in the down market. In addition, if there is opportunity to own coins at low cost, it should not be wasted. These are the ways to go good in cryptocurrency market.
If we don't trade when the market is low, we can't get anything. Even though there are still opportunities that we can use, when the market is low, we can buy coins with a larger nominal amount, this is a long-term strategy because we are indeed required to wait for some time. Don't just be quiet because silence won't get anything. The world of trading is indeed hard, but we must be able to try because it will give us many results.