Post
Topic
Board Trading Discussion
Re: How do I not lose money in trading cryptocurrency?
by
GatotKaca
on 16/08/2022, 11:28:05 UTC
Predictions are not always correct because in my opinion bitcoin is difficult to predict because up and down movements occur due to several factors that make our predictions not always correct, being a trader is not easy and really requires enough experience to learn and remember so as not to make the same mistakes. And it also takes full time to do it and for me being a trader must really do it like a job or a routine activity for good results.
Then prepare mentally, are you ready to accept losses?
what you think about is not just profit, after seeing other people who have made big profits. But the risks must be watched out for, and those with big profits must have tasted the bitterness of being a trader, it takes a strong mentality and patience when losses come.
so the mentality in trading is needed and also not easy to give up, most traders easily give up when their mentality is tested.

the only way not to lose our money in trading is to become a pro trader. this may be difficult because indeed the risk of losing money in crypto trading is very large. but with us being a pro traders then we can minimize that risk.

and the concern of course how to become a pro trader. if we don't try of course we won't get any experience in trading. it will be difficult to develop our skills in trading.
everything is done slowly, and losses will surely be experienced by every trader.