Quote from: RondoAnyar on Today at 07:06:38 AM

Quote from: lightning0 on August 04, 2021, 06:36:38 AM

The reason why investors often lose money; as a novice, I summarized the experience in trading:

1. Investment does not equal speculation
2. Not aware of new market changes
3. Do some price comparisons of several currencies that are promising in the past and this year (you can also search the project keywords in the forum to see everyone's thoughts on this project as a reference)
4. Speculators also lose money. Investors are thorough gamblers. When I didn't buy in, I kept holding. If the currency price drops sharply, we will be finished. Maybe speculators buy at the same time (the speculators who have done the market record will be aware of the red flag warning, bad things will happen, the speculators will take action to minimize the loss, and then wait for the next favorable Opportunity to act again

There are some rules to keep in mind:

1. Never sell because the price looks high. For example, if you look at it from 10 to 20, what should you judge at this time is what is preventing them from 20-50?
2. Similarly, don't buy directly because of the high price in the previous period and a lot of drop. The decline is justified.
3. Never equalize the loss in your current account, as there is a high probability that you will lose more.

We are already in a fickle market, and more often there are no rules to follow, but setting up some own trading rules will reduce my losses.

Hope to communicate with everyone

These points should be remembered and learned by anyone who wants to be in crypto. because basically crypto trading is not as simple as we think. we need a lot of stages and also speculation that is in accordance with the technique so that our assets can be maintained and not lose

If someone asks you what should I buy?
You can answer to buy bitcoin
If you ask you when are they best to trade?
You can answer anytime
If he wants to buy at the lowest price, is now the time to buy?
I should answer: I don't know

Because no one can determine his direction

Here we need to find the latest strategies for trading and imitate them. In this process, we all need to constantly learn to trade to see market changes. One day you find that you don’t need to imitate other trading methods, so congratulations, you got it Very valuable gain.