Quote from: QueenVera on Today at 04:27:42 AM

Quote from: sumant on November 17, 2022, 10:14:55 AM

Best strategy for trading is always to have some extra capital in market for crash. When crash happens in market put buying entry and we will have a good profit in future.

This is a very common mistakes that new traders make, there isn't always any reserve to fall back on when the trade didn't go as planned and this is always frustrating. As a trader that wants to make it in the market, you should always have some extra money just sitting around that can come in useful when the trade goes against you.
The market is very volatile and things can swing the opposite direction from your initial prediction as quickly as possible. My best strategy is trading coins when they're still new and hyped. I try not to fomo into the market but also not to miss out on a great opportunities to make some money with new listings..
New projects are very interesting to trade as the price is at its vulnerable moment that can either give you huge profit or send you packing after losing. This project has to be great ones and not the shit coins been hyped all over social media.

Thats for "traders" though, that should be emphasized a lot. I mean sure if you are a trader always have a backup cash so that you could fix the things if anything goes wrong. However, if you are a long term investor like me, then it would be wiser if you could end up with something a lot better like investing all of your money into something safe.

Cash is something that loses value due to inflation, obviously if you are trading then you are aiming at trading with a return that is higher than inflation, but if you are investing than you should put all of your cash into investment so that no cash would lose its value to inflation neither, thats the difference between trading and investing.