Quote from: maybukaspa on Today at 03:15:20 AM

Quote from: Seaking009 on November 10, 2021, 06:37:03 PM

To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.

I think even understanding the market is not enough, also there is no such tool's that can give you like always a win trade. Trading is like a gambling, sometimes you win and sometimes you lose. What in those two where you will end up? And always only afford what you can lose. Trading requires year's of knowledge in able like to made more wins than losing. Other's always think that crypto is the one gonna make them rich, well for sure others do become rich with trading, but i am so sure not all of them made it to the top.

It is impossible for us to trade crypto without experiencing any losses at all, because crypto movements are very volatile and difficult to predict.
Even though we have good analytical skills and have good knowledge of crypto, this does not guarantee that we will always make a profit.
Because as you said it is normal in trading to experience profits and losses in turn, the most important thing to be a successful trader, we must
be able to reach a stage where the profits we generate are greater than the losses we experience. Therefore to get rich from trading crypto is
not easy, it takes a long time for us to have more wins than the losses we experience. So don't ever think we can get rich instantly from trading crypto,
we must have trading experience first, in order to be able to make the right decisions when trading crypto. Even for professional traders,
they sometimes still experience losses when trading.