Quote from: Kimonoe on Today at 03:28:25 PM

Quote from: armanda90 on Today at 02:43:55 PM

Quote from: ancafe on Today at 12:13:58 PM

Knowledge will give birth to wholehearted confidence in investing because when you only hear the benefits of the way people are involved in investing, you will not draw conclusions. However, knowledge and courage are needed in facing risks, there is no place to make profits without risk involvement, but people must try to minimize these risks to a smaller extent.

Knowledge is the most important thing how to be success in trading exactly with cryptocurrency, but not all time depend with knowledge only because there are has skill and lucky how to be success as bitcoin investors. Some time after long time researching with some project or new coins for trading but many time miss out with our predicting and lucky some time can make us to earn much profit in cryptocurrency trading. Actually with knowledge can minimize with risk of trading but can't guarantee due how many trader have a lot of experienced in cryptocurrency trading but many time made the same mistake after investing and price drop later. Increasing knowledge is important but some time lucky could be moment help us how to be success in trading.

Investing is pretty simple, we buy the safest coins and hold onto them until the bull season comes. but indeed it would be better to learn first to know before investing, so that we will remain calm in the face of an incident. it's different with trading, knowledge alone is not enough to become a successful trader, experience is needed which we have to practice a lot of real trading. that way later we will have a graph of the progress of our trading system so that it is hoped that we can become professional traders, by trading in a pleasant manner

Basically, whether it's investing or trading, it's still important to learn first,
there is much to learn which is far more important,
besides what you mentioned above managing risks and controlling emotions must also be considered and sometimes people forget this.