Post
Topic
Board Trading Discussion
Re: What did you learn about crypto trading?
by
Desmong
on 12/06/2022, 23:57:52 UTC
Trading is not just to earn but also to learn. If you have learned about markets and traded them for over two years, I believe you have a lot of experience and you have learned a lot about it. Trading can be a deceiving profession because you can earn a lot through this and it could change your living but don't forget the fact that if you do not spend the time to learn, you’ll just waste a lot of time and money.

Sometimes newbie in trading  have the wrong mindset. They are just trying to make money as fast as possible, because they think trading can make them rich quickly which is definitely wrong perception.

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.

I've also learned that Trading is not an easy money machine. It always need your time and effort and most important you have a lot of knowledge, strategies, patience and self discipline. If you are able to enter, you should also determine your trade exit.
During my days in trading, I was able to learn a lots of things about how a trader should trade the crypto market. Although trading is not as easy as we thing but it is important we learn this price action of it so we can get much understanding on how everything works without having to depend on other persons or mentor for more explanation of the market. The cam be confusing at times.