What if I don't know how to trade
Just two simple answers from me:
- Don't trade at this time. never trade if you don't know how to trade
- Learn how to trade before trading exactly
How can I learn how to trade?
Start from understanding about cryptocurrency, exchanges, and also basic skills of trading, its benefits, its loss probabilities, its risks, and it is chance of earning money. Then, you can develop to know which are coins better for trading, which are not, about indicators and other analysis of trading in certain exchanges. Some tutorials on YouTube and other sites are helpful.
Try learning from the simplest thing.
Are you going into trading for the money or for the knowledge?
I am trading using my money and knowledge to earn money, and I am also trading by doing the learning.