Post
Topic
Board Trading Discussion
Re: Trading as a newbie?
by
Kimonoe
on 15/07/2023, 03:53:22 UTC
stop those wrong steps of trading or will lost everything soon. Trading is so typical things in my opinion, better for Newbie to stay away from it. Trading needs concentration, focus, Complex calculation, patient as well as a lot of time for monitoring. you need to learn those before start up. I think trading is only suitable for them who are fully expert in this field. Less knowledge, incomplete ideas can destroy your whole career. until that you can invest some good altcoins for your profit
As a newbie trader, one need to be ready to learn always and make quick correction when things get out of hand. If we don't act fast as a trader, we might keep making the same mistake everytime we enter the market. Trading is very risky just like an investor is always advise to be very careful and measure there risk whenever they want to invest in cryptocurrency.
 Like we know that Bitcoin is very volatile, same weay is trading very tempting and misleading when we get lost or we don't know what we are doing. It is good for us to learn everything about trading so that we are not going to be ignorant as a cryptocurrency trader that want to make profits from the market.
This is a big challenge for newbie traders because basically trading is so complicated,
much to be learned besides basic knowledge and skills,
besides that experience is also important and we can get it by trying.
as a beginner, you must be thirsty to learn about trading, because there will be a lot of knowledge that can be absorbed from various sources. but basically will have the same core. including technical analysis, money management, and trading psychology. many are looking for the best technique for trading, but that is a wrong thought, instead psychology must be thickened to get consistent profits, but without leaving TA and money management