Post
Topic
Board Trading Discussion
Re: What Practical Advice For A Beginner Trader?
by
milewilda
on 29/06/2021, 19:39:20 UTC
I tried trading Bitcoin a couple of years ago but quit after I lost $300. What advice do you have for me if I decide to start trading again? Thank you!

The first advice that should suits a newbie is that, invest what you are capable of losing.
In your initial trading days, don’t start with investing huge amounts.
At first understand the market, and see the movement of the coin.
And yes if you can afford then go for some paid signals, these are almost 90% of the time correct.
Hope this will help you OP and you will earn huge profit by trading.

They wouldnt learn until they do try and test out the market for themselves.They wont really learn if they wont get their hands wet and this is why telling some recommendations wont really be followed most of the time.
People or beginners would be discovering out something when they do experience the market hands on and when it comes to mistake then it would really be a common one.The only thing i do say is about thinking
risk management most of the time because this would be an important factor that would really be helping you out on at least sustaining in the market. Dont get easily discourage with mistakes because
this would be common, always mind off about on how you do learn up and trying out your best to sustain yourself and the rest of knowledge would really be gained on actual experience.