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?.
A newbie always looks for ways to do successful trade but they need to understand that you need to learn how to manage your risk first. Your gains from 10 trades can be lost with one single bad trade. To overcome these hurdles you need to first build a money management strategy that you can use for trading. Your strategy won't be perfect at first but it will be developed over time You need to have at least a money management strategy that will give you confidence that your losses can climb up to a certain percent. Your balance will not go down to zero if you follow your money management strategy.