$BTC $SOL $PNUT
I am a type of value investor. In my previous experience in stock market, value investors will beat traders in any day.
However, in crypto space, a great trader has a chance to beat holders. But to reach that level, you will need a steep learning curve and experience, often with big loss.
How to be the traders that can actually get net profit:
1. Tight money management is the key for short-term trading. Only put 1%-2% max per position. It is different if you plan to hold long-term.
2. Focus on making continuous small profits into substantial gains (except if you see a very promising coin that can net you hundreds of percent).
3. Technical analysis knowledge is essential for entry timing. If that is too hard for you, there are actually many seasoned traders in Square can give you signal and coin analysis for free.
4. Always think twice or even thrice before you press buy or sell. Impulsive buying or selling will lead to disaster.
5. Be brave to take a calculated risk. If you see the coin potential outweighs the risk, go for it.
6. Be humble and always be willing to learn from others. This is work, not a play. You will see that there are so many things to learn about crypto trading.
