Cryptocurrency trading is a complex industry to operate in. Many beginners might enter it, thinking that since coins are not mainstream, with a bit of luck they can earn hugely.
The truth is, a decentralized marketplace is even riskier than established ones, such as commodities and stocks. Thus, setting a sound base of knowledge and self-evaluation is vitally important.
Trading might not be for everyone to delve deep into, but with careful preparation, hard work and analysis, anyone can do it. However, a trader needs to know how much he does not know in order to succeed.
That is why we offer articles that provide information regarding the industry but also on how not to make beginner's mistakes https://www.cryptocointrade.com/. Give them a read and keep educating yourself about the crypto world but also what strengths/weaknesses you possess in terms of stress, pressure management, and time handling.
For traders that have been in the game for some time now, what would be your tips for beginners? With the knowledge you have acquired along the road, what would you do differently if you've got a chance to go back to your beginnings?
