"Purchase orders are clear, doubts are unnecessary."
Want to get started in crypto trading, but don’t know where to start? Here’s a simple guide to help you understand the essentials and get started effectively!
1. UNDERSTAND THE BASICS 📘
Altcoins: All cryptos except Bitcoin (ETH, SOL, ADA, etc.).
Volatility: Cryptos move fast, be prepared for ups and downs.
Analyse: Two main approaches:
🔹 Technical Analysis: Study the charts (support, resistance, trends).
🔹 Fundamental Analysis: Look for solid projects with real utility.
2. SET A STRATEGY 🎯
Scalping: Small, quick trades to profit from variations.
Swing Trading: Hold your positions for several days/weeks to take advantage of a trend.
Long term investment: Buy and hold (HODL).
📌 Golden rule: Never invest more than you are willing to lose.
3. CONTROL YOUR EMOTIONS 💎
Trading is also mental:
✅ Plan your entries/exits.
❌ Don’t act out of panic or fear of missing out (FOMO).
✅ Always keep a stop-loss to limit losses.
4. TEST AND LEARN 🔄
Start with a small amount to get your hands dirty. Improve your strategies over time by analyzing your successes and mistakes.
🔥 Tip: Set realistic goals and avoid trying to “get rich quick”.
Remember: Purchase orders are clear, doubts are useless. Good luck! 💹