Starting out with cash..? Does journaling truly help ?
Just don't get swept up by the hype and don't be swayed by FUD, that's the two of the most important things to avoid when trading Bitcoin or any crypto and most importantly, aside from those two, don't sell based on your emotion. Once you've entered a position, you should exit that position based on whichever strategy you have in place. If you hold a crypto (ex.
BTC,
ETH or
LTC) and these crypto falls in value, you must evaluate the situation first before selling your holdings and yes, journaling really helps.
This is true as a newbie never listen by hearsays and avoid such fuds when planning to invest. The most mistakes also by many is being rule by emotions. As a beginner when trading Bitcoin to always dyor before investing and journaling is a big help in trading. Plan when to buy and when to sell and always take on profit when happy.