Quote from: Cherylstar86 on Today at 09:48:20 PM

Quote from: bandungan on Today at 02:46:50 PM

Quote from: Michael63 on June 15, 2021, 10:23:03 AM

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!

My advice is that you try to understand your past failures. because with failure you can learn from those mistakes. besides that, maybe you can try to choose other coins that have more potential. so I think you understand the learning just then you return to trading. good luck

Indeed. In trading there is always risk and you need to know what strategies and techniques to manage your risk. My advice is that you need to have the knowledge first before trading. Trade only with your prepared money for you to not regret something. It is very important that you understand also your past failures because you learn from those mistakes and can give you inspiration. Buy low, sell high and don't be greedy, don't panic and be patient.

Risk management is a must because if you arent careful on handling your finances then you would surely lost it up on a fast way.Greed will most likely comes out directly when you do make successful trades

even when you are just starting or simply being a noob which would poke out that greediness of yours which would result on being too confident on things until you do realize that trading in reality isnt something

simple that someone could able to handle it well or easily.Just gain experience and knowledge while you do trade because this will mold you up as a better trader.