Topic: if you want to learn how to trade then start NOW - page 2. (Read 207 times)
Yes now its good times to learn crypto trading because all coins already oversold, and the price big probability to going up multiple times in a few month. The price of BTC been drop more than 1/3 even other altcoin dropped more than 1/10 , and in this price level will more easy to make profit.
for instance if you have started trading last year, if you closed your eye and chose an altcoin to invest in then no matter what you chose it would have gone up and you would have made profit.
That's a great point, so many people who invested last year proclaiming themselves to be experts, when a pin in a piece of paper would have had the same returns. I'd like to see their returns so far this year. Anyway, you're right, learning to trade with small amounts is the key, just don't forget to treat those small amounts as you would your life savings, otherwise you're not really learning anything. No point taking bigger risks just because you're trading with less, defeats the object - as tempting as it may be.
i always say that the best way of learning "how to trade" is to start doing it yourself. you won't learn anything by following others, reading stuff online and doing nothing. you have to get your hands dirty.
one of the good things about cryptocurrency market is that the exchanges allow you to start trading with a small amount. there are even exchanges out there that allow orders as small as 0.00001000BTC which is about 6 US cents! you can invest about $10 and start your trading journey and gain experience.
so why NOW is the best time?
it is the best time because prices are falling and there isn't any pumps going on in the altcoin market. for instance if you have started trading last year, if you closed your eye and chose an altcoin to invest in then no matter what you chose it would have gone up and you would have made profit. but that doesn't make you an expert. instead it gives you a false sense of being an expert which will be more harmful in the long run when the dumps come (you can see how many people are currently crying about it on bitcointalk and telling everyone how they should have "patience" which is a big mistake).
BUT if you start now, you have to make good decisions otherwise you lose money. so you learn the most important lesson and that is decision making for example in choosing the right entry point and the right exit point.
and if you make the wrong mistake there is no safety net (pump) to cover your ass. which is why you will be forced to learn. and that can help you in the long run.
and know this: even in this dropping market you can still make profit
one of the good things about cryptocurrency market is that the exchanges allow you to start trading with a small amount. there are even exchanges out there that allow orders as small as 0.00001000BTC which is about 6 US cents! you can invest about $10 and start your trading journey and gain experience.
so why NOW is the best time?
it is the best time because prices are falling and there isn't any pumps going on in the altcoin market. for instance if you have started trading last year, if you closed your eye and chose an altcoin to invest in then no matter what you chose it would have gone up and you would have made profit. but that doesn't make you an expert. instead it gives you a false sense of being an expert which will be more harmful in the long run when the dumps come (you can see how many people are currently crying about it on bitcointalk and telling everyone how they should have "patience" which is a big mistake).
BUT if you start now, you have to make good decisions otherwise you lose money. so you learn the most important lesson and that is decision making for example in choosing the right entry point and the right exit point.
and if you make the wrong mistake there is no safety net (pump) to cover your ass. which is why you will be forced to learn. and that can help you in the long run.
and know this: even in this dropping market you can still make profit
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