Trading is something on Evan only learn and master over time. Most of the rules are obvious, but most traders will only learn to apply the after suffering losses.
Five rules very important in trading
- Thread starter hani20980
- Start date
Do not buy coins with high market price because the price can drop at any time. When trading, use a coin with low transaction fee for your transactions. Be patient to let your coins grow before selling it off else you will run at a loss. Don't invest in only one coin. Buy different coins and patiently watch them grow .
Excellent points you raised and I think you've said it all. Cryptocurrency traders always suffer from FOMO and panic buys or greedy sells.
Also having a good fundamental and technical knowledge is very important.
Also having a good fundamental and technical knowledge is very important.
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People that are coming newly into the online space and cryptocurrency at the one likely to possess all the qualities you have mentioned above. I have some experience in the crypto space and I do not panic to sell any of my cryptocurrency I have bought for long-term purpose.
If you are a good trader , what you needed to do is always wait for the market to come down before you buy anything and always make research about the transaction fee.
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