Hello guys, I'm here because am so lost and confused about this whole thing of trading bitcoin or any other market as forex, stocks ...... first, when i started trading bitcoin it because i heard and saw many people talking about it and that you can make a lot of money. I mean yeah at first i made some profits by buying small amounts of bitcoin in Yobit then selling it again when the price goes up, but when day when the bitcoin went down i lost a lot of money.
I didn't quit trading but i moved to forex market. And as all they say technical analysis is the key to win in this market and there's many youtubers showing their money by trading forex anyway I'm not sure of it. The problem lately i watched some people saying that technical analysis is bullshit and I'm really confused
What i want to know is how can i become a successful trader and make money for the rest of my life. Should i learn technical analysis or harmonic patterns......
And which is the best market to trade for a beginner.
I am not that perfect trader and not a newbie either. My tips are don't use other strategies but rather make your own if you will use them then just only a guide and none other than that. Be patience, just like you what have mentioned, after the Bitcoins fall down you lose your money right? Honestly, it is not, remember Bitcoin is volatile if you are willing to wait then you can gain it back or even get a profit, and you can compared this to HODL in which you will wait until the right time before make a sell. And yeah, having a technical analysis and planning ahead will be much helpful for our trade.