Post
Topic
Board Trading Discussion
Re: My advice If you are here to make money
by
Sayeds56
on 16/12/2022, 11:24:37 UTC
Keep your focus on how to make money.
Dont try to predict Market too much.
What do you mean, mate?
I don't think predicting market trends is a problem. It is the way to know your opportunity to buy or sell. Predicting is a necessary part of trading or investment. If you can't predict the market trends, you don't know when the best time to collect crypto assets and take the profits.

Stay away from btc If you are futures trader btc moving too slow.
Almost all crypto coins move slowly in the current market condition, not only BTC.
If you are not familiar with future trading, sure you need to stay away. But if you know well it, why do you need to stay away?

Most important in crypto is stable income everyday.
If you are trading crypto coins, you can't expect stable income.
For me, the income from crypto trading is always hard to predict. Crypto price is very volatile and the market trend is unpredictable. It is the factor to make it difficult to get a stable income in crypto trading.



Indeed it is very difficult to  generate stable income from trading activities during the bear run unless you are an expert trader and you have experience of working in future market where you can take long and short position but we can generate some income by staking our coins on reliable DEFI projects. I also do staking as well provide liquidity but my preference is always Ethereum based projects which in my opinion is most secure and reliable network.