Post
Topic
Board Trading Discussion
Re: Don't trade if you're inexperience rather stake your coins.
by
nelson4lov
on 23/09/2020, 22:26:00 UTC
Does it mean inexperience traders aren't born to trade?.

No. It doesn't. Like every other profession, trading is a skill to be learnt and it's one where you learn from textbook, your experience, other people's experience and also your intuitive. It also takes time and patience to start getting consistent results. The difference between more experienced traders and those who aren't is the fact that they've seen it all in the market ~ flashes crashes, epic pumps, ranges etc. You just have to consistently practice and keep practicing. If it doesn't go as planned, you go back to the drawing board and figure out what you did wrong and the next steps to recovery.



Talking about staking, it's only profitable if the price of the tokens being staked are stable or going higher. Else you'll be right back where you started, in losses.