To invest in education is one of the best way to become successful. But since there is no formal education to learn more about bitcoin, we have to do self study and do read some reviews about trading so we can apply it to our future tradings. Otherwise, you totally depend on your own expereince and that is dangerous. Let us be open minded and be so observant.
Mistakes of some newbies is that they immediately go to battlefield without any weapon. They would immediately buy a coin that is hype and then later on regret because they bought near all time high and they are left with either selling it at a loss or hold on it until such time they would make a profit but it may take weeks or months for them to dispose it so they will be force to sell it at a loss because they don't want to wait that long and then repeat the same mistake again buying a coin that is hype. This will be repeated until such time they learn from their mistakes in which case it would be their greatest teacher.
The first step to becoming successful in trading currency cryptocurrancy is to learn and read more before starting, and also gain experience by risking a small amount in the first trade. Without good knowledge and experience, it is difficult to profit by trading. Bitcoin price changes every day, allowing big profit even in this situation but if you want to profit without being nervous, just hold it. And if you want to be successful in trading, you should be happy to read and improve your skills in it.
Starting with a small amount would be an ideal way of trading because while you are learning, you cannot avoid but make some mistakes maybe it would be selling instead of buying or the other way around, sending to the wrong address and other small mistakes so it would be less risky if you start with a small amount so that in case you made these mistakes, you only lose a small amount. You should focus first on your strategy and if you are already comfortable and profitable with it, that's the time you add to your capital.
