Post
Topic
Board Trading Discussion
Re: How do I become a successful Bitcoin investor as a newbies?
by
TheUltraElite
on 24/07/2023, 14:08:44 UTC
the most important thing is to believe in the process by continuing to learn and remain patient.
Being nonchalant about market movements is something that augments patience and helps the trader remain calm through times of bear market. This becomes evident when the swings are happening and the trader still has their long term goal in mind while placing trades.

This is not easy for a newcomer to understand and apply and most of them will fail miserably losing money. But those who manage to get the flow of the market into their hands will be able to profit.

For example, when the market is dropping and you have fiat at hand you start buying the dip. You dont panic and sell off your held bitcoins at a loss.