New users within the crypto space should understand that crypto trading is different from gambling where a mere prediction can yield result.
Crypto trading is different from gambling but they are of both high risk. Trading = highly risky
Gambling = highly risky
As you can lose in trading, so can you lose in gambling.
1. Learn about the volatile market
Yes. But also better to trade less volatile coins like bitcoin that is not volatile like many altcoins.2. Learn how to analyze chart
You can learn how to analyze market and still be losing if you do not use the right strategies. 4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.
This happens to me frequently. It still happened today. I have won over $50 and later the position went bearish and I lost. It is not good to be greedy. What I noticed is that the losses I have before can result to this. If you know you are losing, just stop trading for that day. 