Greetings to everyone,please i am new in this forum and I was directed by my friend to join the forum to get information and answers that I need to know about Bitcoin.
The challenge started when a friend introduced cryptocurrency to me and I picked interest about it ,I started making some researches on how to trade and invest in Bitcoin ,I downloaded candle stick bible as directed by my friend so I can have a good knowledge on how to understand the reasons for the formation of each of those candles And the reasons for their existence,
I went through those stress to also learn how to analyze and also to know bullish and bearish moves ,to know when the market is trending and choppy but after all these processes and following those strategies I will still loose my capital . However, my question here is ' what is the best strategy to trade without losing my initial capital ?.
Please friends I need advice and answers to this question because I know we have crypto experts here in the forum who will assist me and also educate me on what I need to know about Bitcoin trading .Thanks .
I'm sorry to hear that you lost your capital trading bitcoin, I mean you should have known that there are a big risk in trading and I will say that it is not for everyone. Obviously, it seems that you still lack the experience even if you says that you have gone a lot to learn and analyze.
There is a dedicated thread here, Trading Discussion, maybe that is where the best place that you can start.
Or if you doesn't want to complicate things on your end to become a trader, maybe what you can do is just simply buy and hold for a long term. So just think about it, at least there is an option for you and you won't go and be stress like every day trying to squeeze and make some profits every day trading.
