Post
Topic
Board Trading Discussion
Re: Trading Tricks For Newbies
by
awik p
on 16/06/2019, 06:33:58 UTC
Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.
using 30% of the initial capital you have to trade will be better for the newbie, newbies should not think of big profits. because for them the experience must take precedence and using 30% can be the best and make it an experience for trading. new if you have a large profit and master the experience can continue to increase capital
I think 30% is a logical number, at least we have to have reserve capital to anticipate markets if that are not suitable with analysis. so we learn to survive first. for the first time I suggest choosing the safest coins to trade