Post
Topic
Board Bitcoin Discussion
Re: What was your experience trading cryptocurrency?
by
Savemore
on 08/07/2020, 06:53:45 UTC
Fear of going into the experience, for the next time to start will be easier and faster.
I invested some currencies in the year 2018 and I didn't sell them, I plan to buy more this year and I want to invest some money in some markets. I am waiting for a return from them to start again.
Investing is a game of profit and loss, and I do not fear loss.
If you are investing your hard earned money then you should fear about the loss you could encounter if you are taking a risk, not sure what coins you invested to have a bold statement but trading is all about top coins rather than the shit coins we have in the market and you need to be careful what coins you are trading and bitcoin is the only coin that can guarantee a profit in the long run and that cannot be said about majority of the alts.

That is why it is important to remove our emotional attachment to our money especially if it is our hard earned money. Make sure that amount that we will put in trading is the money that we are willing to lose which means that we will not get depressed if we will experience losses. Fear is normal at the beginning because we are still do not have enough confidence to ourselves, but if we want to be a confident trader then we should have courage and determination to study and have knowledge about trading.

It is normal to have ups and down in trading because there is no perfect system. Losses are inevitable but we can lessen it if we have a proper risk and management. Being a trader is fun because I always surpassing my limits where I constantly learning and growing.