Quote from: emberbekas on July 20, 2019, 12:57:43 PM

Quote from: smajler on July 16, 2019, 08:36:47 PM

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment?

If I am new and have found this forum then I will read all the things needed as a beginner through the appropriate board to begin my journey in this crypto world. In addition, I will explore the internet to find things related to cryptos.

Very wise words smajler. I would add to that learn all you can about trading in stocks and forex so you can buy Bitcoin at the right times. Forex is a good one because it is also manipulated by governments so you can learn how to deal with that.

I would recommend you read Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas. I thought it was a book about trading techniques but it was not. It was a book of psychologically why we make decisions we do when buying, selling and trading stocks or anything else like Bitcoin. It was tremendous in setting me free from a lot not just in trading but in life.