Post
Topic
Board Trading Discussion
Re: How to maintain profitability in crypto trading
by
Twentyonepaylots
on 07/05/2023, 22:21:53 UTC
~snip~

I know, there are some professional traders who will like to add to this topic to help people over there so that there will be progress in constant profits making, your opinion is highly welcome.


I will suggest that those traders to be not become greedy in take a decision in trading since our greediness can make our profit from 50% to -50% in a short time. We need to have a clear mindset to do an analysis of the market. Also choosing the correct asset is crucial too since there are a lot of crypto become scams after a few months or a few years, Bitcoin will be the best option for this.


Agree with these since in trading, emotions are at high stake and if we let those emotions to take us, it will result to us being greedy and just really wanting to earn without proper planning. Everything goes into proper planning before you go on trading such as knowing really what you are investing to so that you can study its market and assess how profitable it can be. Also, you should plan how to handle different emotion and situation since these things can be of big factor and effect in the decisions that we do in trading. So, to maintain profitability in trading you should continually seek for better plan and do something to make it work best for you to achieve greater success in trading.