Post
Topic
Board Trading Discussion
Re: It is possible to make a profit by trading
by
rhomelmabini
on 20/01/2022, 07:02:58 UTC
Yes. It is possible. In fact, a lot of traders make money from trading. However, trading is very risky, and without proper knowledge, traders shouldn’t trade. If you are a new trader, then you should step into trading with small risks and gradually improve as you get better.
Trading in general aren't that very risky but if you say specifically about cryptocurrency trading then that's where huge risks comes into play. I don't know if anyone are aware but even those who don't have proper knowledge can still trade but having known the basics will definitely have edge over the market. If you're new then stick to spot market and definitely avoid the futures market at all and if you dip your toes in it be sure to know the basics as well such as setting stop-loss feature.