@ChrissCrypto 12 December 2019 more from that month

7 qualities of a good cryptocurrency investor and trader If you've ever planned to become a good cryptocurrency investor, **you should find out what qualities you need to develop in yourself**. Without them, you may not achieve the greatest potential of cryptocurrency investments. *****Be sure to consider improving your habits and skills before you risk your Fiat money on the volatile cryptocurrency market.***** These tips and habits are more suited for people who want to take on active role and become a cryptocurrency traders.   ***Think for yourself*** ***THINK!*** In general, be wary about the "herd mentality" – its common issue for every type of investor -Forex, stock or cryptocurrency – it doesn’t matter. **‘Herd mentality’ is responsible for the speculative bubbles that caused chaos and collapse in the Fiat financial system**. Of course, the so-called market sentiments, bear or bull periods, however, you should make each decision about investing or purchasing certain type of altcoin after researching the subject.   ***Be good with numbers*** **I don’t mean advanced mathematics or linear algebra here**. It's just about getting to know the quantitative variables on the market properly. If you want to trade in more consciously **you should be able to quickly calculate at least the bid-ask spread, and quickly draw conclusions from indicators such as Relative Strength Index (RSI) or volume**. Training in mathematics will significantly facilitate all of your operations on the market.   ***Be disciplined*** **If you haven't developed discipline, you're not ready for a trader's career yet**. Discipline is a necessary condition and applies to all investment-related issues, ranging from improving your own psychological trading approach (such as greed and anxiety) to avoiding impulses based on speculation and intuition.   ***Lifelong learning*** **Successful investors learn throughout their lives**. They constantly watch the news and read articles on markets and modify their strategies based on the latest information. **In the world of cryptocurrency you must be smart and agile if you plan to stay in it for a long time**. Sometimes a simple news can be a catalyst for huge market changes.   ***Realistic expectations*** **As a trader or investor, you should try to aim to earn as much money as often as possible.** But there is a **huge difference between trading based on rational analysis and the expectation that your investment or trade action will be always successful**. ***Traders, who are convinced that every transaction they make is a ‘win bet’, usually fall first.***   ***Diversify your portfolio of assets*** **Successful traders or investors rarely stick to one market or asset class**. Over time, **they become experts on various markets, including stocks, bonds, commodities, indices, currencies**. Use this formula for cryptoworld too. Good knowledge of **different markets or altcoins will allow you to diversify your portfolio**, it will enhance your capacity to understand the whole cryptocurrency ecosystem.   ***Do everything possible*** The last feature is characteristic of all successful people. **The difference between success and failure usually boils down to how many times you managed to get up after something went wrong**. If you want to achieve something in such a competitive and sometimes deterrent environment as the cryptocurrency market, you should do everything in your power to win. Keep reminding yourself why you do this at all and **don't let negative experiences kill your passion**. After all our will to go further pushes us to success. Good luck!     If you're looking for **general information about cryptocurrency**, **crypto news**, **tips**, **guides**, **strategies**, **fintech**, **new technologies**, **trading space**, **crypto investments** and many more? **MyCointainer Insight** is the place to go. We have it covered! Visit **MyCointainer Platform** also feel free to sign up for our **Community** so we can make impact together. https://www.mycointainer.com/insight http://mycointainer.com/ https://www.mycointainer.com/community/ *Follow* ***MyCointainer*** *on* ***Twitter*** *or* ***Instagram*** *and check out our* ***Telegram*** *channel.* http://mycointainer.com/ https://twitter.com/MyCointainerCom https://www.instagram.com/mycointainer_com/ https://t.me/mycointainer **MyCointainer community** **and I remain at your service if you have any questions** https://www.mycointainer.com/   See you soon Christophe WILHELM **https://www.mycointainer.com**   Published with the agreement of **MyCointainer** https://www.mycointainer.com/ Credits photo : **https://www.mycointainer.com/**   Resources https://www.mycointainer.com/ https://www.mycointainer.com/insight