the most important thing in trading is money managements and psychology
so, try to discipline in money managements
i believe you will see the nice result if you discipline on that
Topic: 5 tips for cryptotraders! - page 6. (Read 671 times)
6) Be patient. Understand the 2nd degree volatility inherent in altcoins. To catch a good bull run for exponential returns, you can attempt gridding (increasing the proportion of
your entry multiple times as price goes down), while normally a risky methodology, this can give you astronomical returns for high volatility products.
your entry multiple times as price goes down), while normally a risky methodology, this can give you astronomical returns for high volatility products.
Hello, I would like to give advice to beginning traders, perhaps many people know this, but not all, especially they are relevant for today's market.
5 tips for cryptotraders!
1. Do not buy up everything that see!
Presently very much tokens and every day them to become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.
2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.
3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well and remember patience is the golden rule..
4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.
5. Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people.
I hope someone was useful. Good luck and big profits! BTCBTCBTC
5 tips for cryptotraders!
1. Do not buy up everything that see!
Presently very much tokens and every day them to become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.
2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.
3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well and remember patience is the golden rule..
4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.
5. Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people.
I hope someone was useful. Good luck and big profits! BTCBTCBTC
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