Hi guys I would like some guidance and a understanding on trading Ive been all over the internet and I just dont 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
I've asked this question severally on this forum and I can't find a single straight answer, its risky they kept saying, there will be gains and losses, that's the fact, my own way of trading is buying when bitcoin is down and wait for it to rise and I will sell again and rebuy when its down
No matter how many suggestions you would get but it entirely would depend on yourself about which trading strategy you want to use and how do you want to have profits. Even in trading, there are a number of ways to earn profits. There also are various kinds of trading which includes spot trading, margin trading, futures trading, etc and it would entirely depend on yourself about which trading you want to select to start gaining profits.
I would suggest you to go for lower risk trading which is spot trading. That is the same you are currently doing. But perhaps the profits you would be getting in spot trading with bitcoins might be much lower and in order to start increasing your profits you can move onto some other potential coins who have lower price but higher volume.