Post
Topic
Board Altcoin Discussion
Re: Newbie in trading cryptocurrency and forex
by
btcdie
on 30/01/2020, 08:34:35 UTC
Hi guys I would like some guidance and a understanding on trading I’ve been all over the internet and I just don’t know who to trust and get valuable feedback from what are your opinions on trading as a whole and in what direction do I take my first step
My advice if you are a beginner trader that you practice first to control your own emotions, and do not put all your funds. try a small amount first, so you are accustomed to profit and loss. maybe below the initial steps, namely:

  • learn what assets are. especially if you want to have a crypto, learn the basic characteristics.
  • before entering the chart determine what coins / tokens you want to trade.
  • after that you try to choose an exchange with a good reputation and start buying in small quantities. study the chart function, usually on the right side.
  • practice to control your emotions first, and be accompanied by analysis in accordance with the results of the research you are doing.
  • after you get used to your emotions or psychologist. try detailed technical and fundamental analysis, most do this prediction correctly and appropriately, and do it in small to large amounts.

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I used to do it like that, now I'm used to it all.