2 Tips That Will Skyrocket Your Crypto Trading Profit

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Avatar for emitheo
4 years ago

While crypto trading is such a skillset that needs to be mastered over a period of time, as a new trader, there are a few tips that can be of immense help to you when trading.

I present to you the 2 most effective tips to help you make more gain when trading.

1. Realistic Expectations

Having a realistic expectation when trading when help you make profit than otherwise. Example, focusing on having little as 10%-20% profit of your capital is much more achievable than you think as opposed to focusing on making 100% of your capital, which will require extra research.

So, most people who make more money in a bull run will lose all in a bear run.

2. Trading Interms of Risk & Return/Interms of Money

Using this tip, if you are placing a trade with with a Risk amount (R), you should be able to make a Reward amount (R) as well.

Thank you for reading and don't forget to upvote this if you find it helpful.

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Comments

Cryptocurrency trading is very tricky. You must always check the value of your cryptos. You must know when to let go or when to hold on.

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4 years ago

That's true also

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4 years ago

Alright thank you so much for this great informative article.. It will be of help to some of us here.. Keep us posted! Kindly subscribe to me.. I just subscribed to you.

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4 years ago

I'm glad you found it helpful. Done subscribed to you.

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4 years ago