Post
Topic
Board Trading Discussion
Re: Risk management
by
TheUltraElite
on 20/07/2023, 14:04:19 UTC
True it is highly recommended to start trading with a small amount of money,
Any amount of money can be used to start trading. Just that your goal should be clear and limited to bitcoin mostly. Day trading less than long term and not going into HYIP/MLM/Signals groups should keep you the safest.

Go with any of the more risky options available and you will be increasing your risk. Depending on your risk appetite, you might get washed out too quickly, but as you gain experience you will able to develop your skills.

Quote
trading alone is so risky that a slight mistake in decision can cost you money,
I dont see the point of "alone" here. We all trade on our own, nobody should be guiding you unless they are a family member teaching you and has good intentions.