Post
Topic
Board Trading Discussion
Re: How to maintain profitability in crypto trading
by
tjtonmoy
on 11/05/2023, 08:35:09 UTC
1) Decrease your waste

3) Increase your capital:
Distraction is not a bad thing, because when you are constantly making losses instead of wins, it is necessary to distract yourself from the trading and spend some time to ease your brain and get back to the game again. Over doing something is always harmful for everyone.  Take your time, enjoy your life, and then come back to the trading so that you can focus more.

And I don't think you should increase your capital right away.  If you are good at what you are doing, then that's a very different thing.  But when you are starting your journey and willing to make a lot of profit, then that's not a very good idea to just increase your capital right away.  Instead of making profits, you could lose all your assets. So be careful when you do that and take proper steps for your risk management.