How to avoid losses when investing in crypto currency

[Good-Person]

I used binance, bundle Africa, luno but binance seems to be my favourite cryptocurrency exchanges for now. I have not been able to get others . I still prefer to use binance most of the time.

I guess that Binance offers a wide range of tools and indicators that might not be offered by other kind of exchanges. I would use Binance, but my account is not verified in there.

 

[Sincerem]

I guess that Binance offers a wide range of tools and indicators that might not be offered by other kind of exchanges. I would use Binance, but my account is not verified in there.

You should try and verify your account with your national identification number and it seems a lot of people may not be particularly interested to use binance for their technical analysis , tradingview is the best because the site/app is mainly dedicated for that

 

[Sotherefore]

When I say "learn it yourself" I don't mean you will teach yourself. Of course you have to learn from someone who is knowledgeable and from there you can apply your own strategy.

You said I should learn it by myself, I was believing that you said I should get it from YouTube and other online platform. I believe it will be very difficult for me this way . I can't get trusted platform for this.. I have to pay if possible

 

[Chibson]

You said I should learn it by myself, I was believing that you said I should get it from YouTube and other online platform. I believe it will be very difficult for me this way . I can't get trusted platform for this.. I have to pay if possible

If you are not able to get the required information to learn yourself, then you have to pay people to do so for you if you have the money. I like to get my information myself and learn it.

 

[Sotherefore]

If you are not able to get the required information to learn yourself, then you have to pay people to do so for you if you have the money. I like to get my information myself and learn it.

I have some people that can help me in forex and cryptocurrency. The man is willing to charge me $100 to take me on full class on forex . But I believe it is very high , I was expecting something like 50 US dollars for each then I can raise money and pay $100 for forex and crypto currency at the same time.

 

[Chibson]

I have some people that can help me in forex and cryptocurrency. The man is willing to charge me $100 to take me on full class on forex . But I believe it is very high , I was expecting something like 50 US dollars for each then I can raise money and pay $100 for forex and crypto currency at the same time.

it is always very important for you to ensure that the people you are paying are experts in what they do. If you have the money you can learn it but you need to realise that forex is risky.

 

[Monster Masterpiece]

In the bear market, you have to keep in mind to convert your assets to USDT and the green market does reverse operation unless there are offline commitments.

 

[Sotherefore]

it is always very important for you to ensure that the people you are paying are experts in what they do. If you have the money you can learn it but you need to realise that forex is risky.

Forex and crypto currency is risky , you can't only consider the risks associated with forex alone and abandoned cryptocurrency. But experts are still making profit in this area of online business , don't you think so ?

 

[Chibson]

Forex and crypto currency is risky , you can't only consider the risks associated with forex alone and abandoned cryptocurrency. But experts are still making profit in this area of online business , don't you think so ?

I know that forex and crypto currency are risky ventures. But personally I prefer cryptocurrency because the risks are lower in my own opinion. May be the reason is because I have more knowledge of cryptocurrency than Forex.

 

[Sotherefore]

I know that forex and crypto currency are risky ventures. But personally I prefer cryptocurrency because the risks are lower in my own opinion. May be the reason is because I have more knowledge of cryptocurrency than Forex.

Hmmm. I don't understand why you said that cryptocurrency is much more easier . Cryptocurrency as I understand is much more volatile than forex. With good learning process all of those market can be traded profitably.

 

[Chibson]

Hmmm. I don't understand why you said that cryptocurrency is much more easier . Cryptocurrency as I understand is much more volatile than forex. With good learning process all of those market can be traded profitably.

I said in my own perspective. personally I like cryptocurrencies and the fact that I have some knowledge about it is something that makes me like it more than forex. Forex is not bad but for me crypto is better.

 

[Good-Person]

You should try and verify your account with your national identification number and it seems a lot of people may not be particularly interested to use binance for their technical analysis , tradingview is the best because the site/app is mainly dedicated for that

Binance requires you to have your documents in English language and I do not have any. This is why I have not been able to create an account in there as of now.

 

[tyrim88]

There is no way to avoid losses in investment. You just have to balance those with gains. That is the only way you come out on top.

It takes several years of practice as well.

That is definitelly true about investment,but on the other hand one need to take calculated risk inorder to aviod needless losses,sometime greed is one of the reason most persons encounter loss in cryptocurency trading.

 

[Sotherefore]

I said in my own perspective. personally I like cryptocurrencies and the fact that I have some knowledge about it is something that makes me like it more than forex. Forex is not bad but for me crypto is better.

Currently I am on a forex class and from all indication I think forex is even much more simpler than cryptocurrency because of it less volatility . In all the same you can choose the one that you have the interest to do , that is what matters.

 

[Chibson]

Currently I am on a forex class and from all indication I think forex is even much more simpler than cryptocurrency because of it less volatility . In all the same you can choose the one that you have the interest to do , that is what matters.

if you think forex trading has lower volatility then that is good for you but you need to understand that forex is riskier than cryptocurrency. I prefer cryptocurrency any day any time.

 

[Chibson]

That is definitelly true about investment,but on the other hand one need to take calculated risk inorder to aviod needless losses,sometime greed is one of the reason most persons encounter loss in cryptocurency trading.

I quite agree with your assertion. it is very important to take calculated risks and at the same time you need to be very disciplined. Sometimes discipline can save you from a lot of losses.

 

[tyrim88]

I quite agree with your assertion. it is very important to take calculated risks and at the same time you need to be very disciplined. Sometimes discipline can save you from a lot of losses.

That is just it,once a person has encounter loss in the market,as this can normally happen,and the trend continue,the best thing to do is to pulse and then stop the trading for the day,then you can continue the next day,so that you can go and refresh and restrategise.

 

[Chibson]

That is just it,once a person has encounter loss in the market,as this can normally happen,and the trend continue,the best thing to do is to pulse and then stop the trading for the day,then you can continue the next day,so that you can go and refresh and restrategise.

if I make a lot of losses in such market I can even wait for the period of one month or some weeks before I resume again. That's what I usually do in the cryptocurrency market.

 

[Sincerem]

Binance requires you to have your documents in English language and I do not have any. This is why I have not been able to create an account in there as of now.

Every official document are always written in English. However I don't know the country you are residing presently probably you are using French or any other language , but official document can't be written in local language.

 

[AruneBend]

You need to do careful research before investing in any cryptocurrency. You must be careful when you trust people on the internet. Many people say random things just so they can earn some cash. Also, don't invest money you can't lose. It should be your hobby or something like that. Everything could change in a matter of seconds.