As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.
If you are new to trading then you should not trade as soon as you enter 2024, because if you trade there is a high chance of loss. Because most of the traders who face losses in trading are newbies, they suddenly start trading without doing market research and subsequently face losses. So by measuring the market of 2024 you will accept trading, otherwise you will not accept trading.
Yes, invest all the money they have in trading, without thinking, they take entry in trading, but they do not consult anyone, that is, they do not study what they have.
What should you do? When should you buy? When should you sell?
All these things depend on what is happening. Take for example what is happening right now. Man, take entry in solana at almost the price of 23 dollars and how far has it reached? I used to search for it often, so recently I found it two months ago,, it was about 22-23 dollars. Let's see the price now going to be around 100 dollars, so we should first of all pay attention to what time we have to enter and what time to exit trading. These two things are very important.