Post
Topic
Board Trading Discussion
Re: Avoid trading unless you are sure of what you do
by
muhhentuhhen
on 09/09/2019, 14:58:06 UTC
Yes, I was caught by the volatility of the market.
I was greedy and invested blindly. and certainly it was my huge failure in the first trading, I lost more than 30% of my total assets.
It is very dangerous when you trade without knowledge, practice a lot before betting big!
This is the reason why I always say that being greedy in crypto is not good. Trading is full of benefits but only for those who understand the term of volatility. Green market is sold worthy and red is bought worthy but getting impatient to become successful is worst thing ever. Be confident to earn but don’t be greedy to earn faster or earlier than the fixed time.

Statistically, only 3-8% of traders reach success. It happens as they make many mistakes, better say, they do pay attention to very important moments. The first step of the trader is to study the market, analyze the rate of a particular cryptocurrency. The key point of the transaction is the purchase of an asset. Some traders take risks to use bots, and they succeed, as they get less stress with it.