I think I have tried enough to know some basic things about crypto currency since the day I'v join biz industry. Although I know about crypto but I'm not really interested In it because I find it risky. But Right now! I'm in love with it.
The knowledge I just need is how to trade. I don't have any knowledge about trading.
I have a friend who make money per trade up to $100k although he also lose some. But I realize his lifestyle has changed, but he isn't willing to teach me.
I already have a luno account, I dont have the money to start though but i want to know the necessary things before the money comes.
What are the steps to take in Trading altcoin.
My first word to you is BE CAREFUL.
Interest in any venture does not guarantee success. What guarantees success is the requisite knowledge.
Having the right knowledge of trading and having the right tools to trade is what you need.
Of course capital is key. Lol
So let me make a list.
1. Get your Capital ready
2. Settle for an exchange
And get registered on that exchange. Be sure to also get verified.
3. Make deposit into your account on the exchange.
You might want to deposit BTC/ETH/USDT or any other stable coin
4. Decide on the currency pair to trade
5. Do your analysis
6. Keep your emotions under check
7. Use a % of your fund to trade, never use all your fund to trade.
8. Set your stop loss and take profit
9. Good luck