Post
Topic
Board Altcoin Discussion
Re: Traders need to learn
by
Polar91
on 06/04/2020, 01:30:46 UTC
One of the core troubles accustomed to traders of crypto currency is their mindset.
Believe me, as a trader, you need to be confident and always trade to win and make profits.
Never have it in mind that you are trading to lose, develop a strong mentality and always dyor
Your mindsets determines what you see on a trade chart anytime
Honestly it is more likely that traders need to learn more about companies/coins they are investing in.
Your attitude and confidence matters for your mental health, not for results and profit
That could work but it requires a lot of time. I personally as a trader prefer to trade different altcoins each time. Once I've made profit at a certain coin, I'm migrating to another altcoins for another opportunity. Also since I'm more on technical analysis instead of fundamental analysis, I prefer to use charts as basis and not on the news that involves that certain coin. Anyways, each one of us has their own strategy. There is no perfect startegy at all.