Post
Topic
Board Trading Discussion
Re: Top Cryptocurrency Tips That You Should Know Before Trading
by
ayoubouni95
on 19/09/2019, 04:23:17 UTC
If you want starting to trading you should know some tips. First tip this is you need have good exachenge for your cryptocurrency. If you only start you need have a reliable support 24/7.That for you it is  complete anonymity, only you know that you are traiding. I know one exchange wich have all this, this is  https://exolix.com/.

For effective trading, it is important to understand what type of trader suits you. A scalper or day trader is aimed at fast trades that take 1, 5.15 or even 30 minutes. This is the most difficult type of trading for beginners. A swing trader conducts transactions in 2-7 days. He makes any decision after a thorough technical analysis - usually at the end of the day. A long-term crypto trader or investor is ready to wait a long time for the right moment to make a profit. This is the easiest position to enter crypto trading.
Thanks for the advice. With long-term trading as the easiest position to enter crypto trading, what would you consider as the second step after learning much from long-term trading in order for a newbie trader to start generating more profits aside from the long-term approach?