Post
Topic
Board Trading Discussion
Re: What did you learn about crypto trading?
by
tippytoes
on 08/05/2022, 22:25:05 UTC
During the time I started trading in crypto, I didn't think of making huge money instead I was thinking how to trade successfully and how to avoid losses so that I can keep my small capital secured. In other word, I was afraid of losses. Spending time to learn and understand technical analysis, the trading view platform,and a market as a whole has shown me that making a living and earning good profit is possible in crypto market.
Most of the time new traders make the mistake at that moment. They thought that it is very easy to earn money by investing in crypto currency. They can not control their self ultimately they lost huge money. So it is very important in trading platform is learning there is no alternative way to get success accept it.

There are many reasons why a trader can earn profit from this market but definitely you need basic information on how to trade crypto at the very least. It is easy to trade, but getting profit is another thing. The simple rule in trading which is, buy low, sell high is actually difficult to execute once you are in the trading market. How would you know it is in the lower price level of the coin or the higher price range. So in this regard, you need to focus on the coin/s you want to trade with and understand their market movement. For sure, there is a reason why they were dumped for certain period of time or come rising after couple of months. That's your goal here, understand their market so you approximately know when to execute your trades.