Post
Topic
Board Trading Discussion
Re: Don't trade if you're inexperience rather stake your coins.
by
ipanks
on 27/09/2020, 10:13:14 UTC
There are risks involved in doing business it is not possible to do business without risk there are many traders who do not know about the market in which case they lose a lot of money. Therefore for those who have less business skills and inexperience it is better to do long-term business without risking the coins the risk here is low and investing in bitcoin currency does not require skill.
In general, investing does not require skills, but it does require money. But a good and correct investment is to do research on the digital currency or Bitcoin that you want to invest in, you must know the details. Don't just invest without having future plans. Entering at the right time will be more profitable when starting to invest. Keep in mind, however, that investing in cryptocurrency carries a high risk.
Investing requires knowledge to know which coin you can buy. Without knowing the right coin, I don't think you can make a profit in the investment. Investing in bitcoin will also need knowledge because you must know when you can buy bitcoin. Most people say they invest in bitcoin, but when the price is down, they panic and sell their bitcoin at any lower price. We need to have a plan in the crypto investing because it will allow us to sell our assets when the price is at a high price.