Post
Topic
Board Trading Discussion
Re: Trading as a newbie?
by
Kalam001
on 02/07/2023, 07:10:54 UTC
Recently I have been trying to come up with ways of making some money on the side and thinking of giving trading a go.

I have zero experience and have just been looking on Coinbase at the best and worst performers of the day.

I am thinking of buying coins that are 15% or more down and then selling once they pump 10% and move onto the next one that is 15% down and then again sell at 10% profit and just keep repeating.

Anyone done something similar or will it just lead me to losing my money?
You will lose your hard-earned money or possibly your trading capital if you are greedy, therefore you must be extremely cautious, educated, and wise. If you want to succeed in the trading market, a word of advice would be to be focused, on time, consistent, continually monitor your business, and most importantly, put greediness to one side.