Hello All,
I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.
Any help is appreciated.
When trading spot, don't try to make a small profit. Because the fee you pay and the volume difference will also cost you effort. When trading spot, you should set a clear trading plan. If you're someone who likes to surf for a small profit, you have to be on the market all day and not take your eyes off the screen. then your mind will be more stressed and it is not suitable for newbie. You should only buy at a fixed price and hold to sell at a higher price. With that short-term trading strategy, you will learn a lot.