Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
I don't think there a special trick that let's you gain confidence overnight and become a good trader. In my opinion the only real way to progress from a newbie is to go and start trading yourself. Reading books about trading and learning all the technical aspects is important and is going to make a difference longterm. But it's not going to take away the need for real work trading experience. Confidence is important as well, if our trading strategy has proven itself. Having confidence without any experience is dangerous, just because we believe something is going to work doesn't mean this is actually the case. Trading doesn't depend on size, you can start small and see how well your strategies are doing. And even if you have no savings at all you could start running a demo account with real world prices. Once you see that your trades are geverating profits the confidence will come on its own.