I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.
You need to know enough to set up a cryptocurrency platform. You can never trade if you do not have enough knowledge about cryptocurrency.When you are trading, you have to analyze the coins that you will buy and the coins will recharge well. There is no end to knowing.Cryptocurrency.If you can work hard, you can definitely work on the platform and eat.
What you should know is that trading in cryptocurrencies is not that easy,
that's why knowledge is very important because if we don't have it, it is very likely that we will easily lose money,
besides that as you said above analyzing and of course also doing research on coins is also important
It is not that difficult but you can still lose a lot of money, it is best to study, either through books or educate yourself in some way, what you have to take into account is that in the Bitcoin and cryptocurrency market you must know Handling against volatility, as well as BTC and cryptocurrencies can grow very fast at times, the opposite scenario can occur which is that the fall can be very devastating and the losses can be total, volatility is the additional ingredient that is King in Bitcoin and cryptocurrencies, in fact, is the natural enemy of every economist who comes from the old school.
Theory is one thing for you to study on but the real learning would come from real experience towards the market.Losses would really be always next in line and this is why you should
really be aware on how to deal up with things.
Failing on first time or several times doesnt mean that its over.It would be rather a learning for you to make yourself even way more better.
Just dont easily give up.
You do need to sustain and learn up things along the way and this doesnt only talk about short possible time.