Quote from: bitgolden on April 20, 2020, 02:43:20 PM

Quote from: CryptoBeast.mf on April 19, 2020, 03:39:24 AM

1. Monitor the bearish and bullish market carefully
2. Follow the trends going around the crypto world
3. Invest only that amount which we can bear to loss.
And the following things we should avoid
1. Greed while trading
2. Keep the emotions away from trading
3. Don't invest in dump coins

Yes, just stick with basics. If you are more focused on maximizing your chances for making profits then you can simply minimize the risks. Because, risk is inversely proportionally related to profit levels Wink

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Monitoring market always and going as per the trend of the markets are basics of technical analysis. It means you do not need to work hard on minimizing your risks but you should work on maximizing the opportunities to crack profits out of market. When you focus on more depth in technical analysis then you will go achieving what you actually looking for without bothering about how to minimize/eliminate risks.

You should perform technical analysis so well and properly so that you will not have a hard time performing your strategy and plans in trading. Also monitor the market and the factors that can affect it so that you're well-prepared and you can have an advanced vision and perform alternative strategy in trading. Fundamental techniques and skills in trading must be practiced properly and apply it in the actual trading so that you can get a lot of experience and don't be anxious about mistakes, it is normal. In order to become good at trading and minimize the risk, every time you lose a money, you should treat it as a lesson so that you will never do that again. Learning in trading is limitless and you should take every opportunity special.