Hay, I am New here and know about Bitcoin for the last few years but I lost many times in crypto trading. So my question is that how to trade Securely and profitably?
Sounds like a guaranteed advise you want there? From your words securely and profitable thats depend on your knowledge. No one is safe from a loss no matter how good trader you are and there are some point that you will likely experience some losses and down too. But guess what? Its normal cause everybody make mistakes. Things you need to lessen those are confident and avoid greediness cause thats what really happened to some people.
True. Never expect for profit consistency when you start trading since the market has always been unpredictable from the start which means there are times that even if you want to trade eagerly, the market will not favor your decision, hence you will end up losing if you pursue trading. However, experienced traders have developed their strategies so they can still make profits despite of the negative market response. But even so, losses are sometimes inevitable that even veterans in trading still cannot guarantee profitability all the time.
It is so important as you have mentioned strategy in your comments. So many traders and including some who call themselves professional traders do not know the importance of strategy.
Having a trading strategy does not mean that it will be so technical and very difficult to decode. Strategy in a layman's language could just mean what works for you. There are principles in trading which everybody will apply but at a time there are some certain ways you apply your own principle and it works for you.
Therefore what works for Mr A might not work for Mr B. So you should not expect any already made advice, learn how to trade and develop your own strategy.