Quote from: Out of mind on Today at 03:40:33 AM

Quote from: Justin999 on January 18, 2024, 01:49:30 PM

Trading is something where you need to know analysis, money management, analysis risk, maintain loss, Control Your Emotions and so on. Well I believe its good to have your own stretegy rather than following others. But everyone has different mindset, so are for their trading Strategies. Can you share yours, so that other one could learn from you and can do improvement in himself? Thanks

Trading is a place where you can never succeed if you don't take risks. You should always control yourself before trading, you should not be emotional, you should also analyze the market and you should organize everything well. You always have to start trading with patience otherwise you may face loss at any time and also don't be emotional but you have to be patient. You have to accept that you can experience volatility in the market at any time or you will never succeed in trading. To start trading you need to have enough money. If you start trading with little money and you lose it, you will be emotional, so you need enough money. And start trading with some money from what money you have otherwise you can lose everything so always plan well.

That depends on what kind of "risk" the person is raking. Because if he or she is taking risks on the most stupid shitcoin anyone could find in the internet without DYOR, then he/she truly deserves to lose his/her money. I'm Bitcoin-only, but I know that there might be other coins that might also be good HODLs that could perform better than Bitcoin, BUT those should be the kind of coins that have skilled and trustworthy developers behind them. As an illustration on my conviction towards Bitcoin, if Bitcoin was hard forked away from the Core Developers, I might start looking for the door out.