Topic: Altcoin trade has 10 gold rules to watch out for. (Read 88 times)

First of all you know that my second article on this subject will be the first 10 golden rules listed. Now it will be a continuation of this 10 gold rule.
Again, remember; As a graduate in economics, I decided to write articles here because I wanted to convey my know-how about the altcoin trade. We will talk about how important behavioral finance is to trade.


Our second 10 gold rules;

1- Do not make buy / sell decisions based on that day's fiasco. The price is too low, waste does not fall, or do not think it is so high that it will not rise anymore.
2- Do not make small calculations. If you really believe that your subcontract will rise, do not try to get it cheap. You may miss the coin while trying to get below the market price
3- Avoid peak and bottom points. Before you get a coin, be sure to look at the chart before you get to coin zirvesinden and you do not know it. You will be surprised when you fall right over. This also applies to the bottom.
4- Do not buy in large quantities at one price. Purchases made for large portfolios are available for a few days and at different prices. So get used to buying and selling gradually.
5- Do not take action when you are not sure. Do not feel obliged to buy or sell yourself every day.
6- Separate your ideas from others. Do not let others influence you after you make our own decisions.
7- Perform transactions by taking a break. Daily trading can dampen the person's ability to make decisions.
8 - Start with small parcels. Instead of risking losing money in an unfamiliar area, try to experience yourself in small quantities.
9- If the order you give for buying or selling, or the position you take, is coming to the point where you are going to miss your sleep, you can give up.
10- Successful trading decisions require the mind to be independent. Given the fear of losing decisions can lead to erroneous results. So do not buy and sell with the money you have accumulated for another job, and do not rely on speculation.



Everyone is grateful for your profits and your support. I hope that will be useful.