Beginners guide to crypto trading

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Avatar for akohom
Written by
3 years ago

Crypto trading has become the most reliable and profitable market whereby your absence is never and obstacle to earn so I will like to give all beginners so basic tips they are to consider while the venture into crypto trading.

Mind clearing

This is the very first thing a beginner is to do, you need to have a very good perception of the platform because it's all about risk taking and one must have that stable state of mind to trade

Study

What must beginners do often is to jump into the market and start buying commodities. That is very bad because some commodities are on their falling state so you buy them at a higher price only to see that you have made a mistake.

So first thing to do is to study the market, don't go for all the currencies chose those you want to trade and focus on only them, know how they fall and rise.

Start trading

This part is to start your trading, that is after you must have studied the currencies you want to trade with then you know when to buy and when to sell

Just to say if you are certain that the price will rise then you can buy, but don't buy when you are certain that the price will fall because you will be on the losing side.

But not to forget it's all about risk.

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Avatar for akohom
Written by
3 years ago

Comments

nice article bro.carry on.best wishes to you.plz subscrbe my profile

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3 years ago

Nice writing.. Would you like to sub. me?? 🥰

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3 years ago

Good one. I have subscribed to you.kindly do same for me.

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3 years ago

nice

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3 years ago

I'm subscribing to you You subscribe to me

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3 years ago

If you have a friend that already into cryptocurrency trading ask for help and guidance.

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3 years ago

The basic concept of crypto trading and share trading are the same. Its all about studying the chart and tracking the news.

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3 years ago