Post
Topic
Board Trading Discussion
Re: What advice will you give to a beginner trader?
by
gabbie2010
on 06/09/2020, 15:50:15 UTC
Hey,

I would like to know some advice and information which will be really helpful in my trading journey. I have invested $500 for the start and I am willing to learn and invest more.

The advice I gave myself in these 2 weeks is that If any of my coin investment is going low in price, I just need to hold and wait for it to come back at the profit level.

I am sure we have traders here with vast experience.
Really excited to learn new things.
The bottom line is that did you research well before deciding to invest in that particular coin? is the coin a good coin with future prospect? and not those pump and dump coin, if it is a good coin don't worry about the price declining now the present drop cuts across almost all the cryptocurrencies probably a major price price pullback or correction is being experienced, the choice of hodling the coin is the bet for now after the price correction a massive pumping of the price is imminent definitely you earn some profit in a long run.