Post
Topic
Board Trading Discussion
Re: Very important tips in digital currency trading
by
JohnBitCo
on 16/06/2019, 14:49:39 UTC
It's really a good advice you have given to us here and I think the major problem is been able to keep those tip.  I do believe that majority of us know all this point you have listed but keeping them is the really problems with investments and trading.  For example it is impossible to keep trading when you know that the market is going against you and you are lose.
The most difficult thing is the psychological control when the market starts to appear red because it will be a time when you will be very difficult to calm down and easily fall into a state of panic. I think this rule is only applicable when the market shows signs of new growth and we will make a profit if we can calm down at all times. Of course these tips are useful but for me this is not the best advice because the bear market often brings surprises to everyone.
We all know that there is one prerequisite for the crypto market and that is knowledge about cryptocurrency and the market. It’s history and the way the crypto market works that is the cyclical understanding of crypto market. Having all these on one’s mind, one will never bother to struggle with his or her psychological reasoning. Red is followed by the green.

Learning is most important thing if anyone wants to make money in crypto trading. One example of this is that many people jumped and invested in crypto at the end of 2017 when bitcoin was near all time high. If they had learnt before, they would have known when is the right time of investment in bitcoins and altcoins.