Post
Topic
Board Economics
Re: LESSONS FROM CRYPTO MARKET
by
Webetcoins
on 23/10/2019, 10:02:18 UTC
One of the best lesson I learned from crypto market was to wait for the best opportunity before joining a trade,  never rush over a trade that has left already also I learned that it's best to trade against countless other trade, always take profits no matter the little amount of the profit made
Being patient and profit taking is very essential in trading. It is also important for a trader to have a plan to follow because if you will just go with the flow of the market that you will take profit what the market offers to you then that is not a good trading experience because you do not have a clear stats to follow. Make sure that you set rules for yourself to maintain consistency and also to avoid unnecessary mistakes.
Impatience brings loss. There is no point of hurrying when you understand that you do not have the sufficient skills and required tools for success. It is much better to learn first so that the journey will be a safe one. As is is said, victory loves preparation. I am happy to hear that you learn a good lesson from digital world. Trading demands calm mind and a lot of trust. Moreover, even small earning are earnings.