Please, my beginner sisters, learn well about currencies and trading in them before you invest in them and follow well the currency market, how it goes up and down every day, and give yourself enough time to learn and decide to buy currencies when they go down sharply and sell at the price set for you and do not stop the loss because you will actually lose, work hard and learn, you will not reach anything without effort and learning, life does not give to every hard worker, I have lost and I have won, but use my comment in this field and search and learn as much as possible and do not follow anyone except those who love good for others before themselves
If you are a beginner in cryptocurrencies, here are some important tips:
1. Start learning: Before you invest any money, make sure you understand the basics. Read about cryptocurrencies, how they work, and technologies like blockchain. There are plenty of resources online like articles, videos, and courses.
2. Only invest what you can afford to lose: The market can be very volatile, so don’t invest large amounts at first. It’s better to start with small amounts until you learn how the market works.
For new brothers in trading and those who do not know analysis... There is an effective strategy with a high success rate....
1- Each country has a preferred currency and a time when it is at the peak of buying and a specific time when it is at the peak of selling..
2- It is necessary to know the preferred currency and the time of buying and selling by searching and reading
3- Countries such as Brazil and Latin America in general are active at a specific time when it is at the peak of buying and they are countries with high dealings in digital currencies and influential in the crypto market
4- Try to adapt your trading hours with them.. I mean buy with them during the day and sell with them when they sleep
5- The countries that trade the most currencies are South America and Africa.. They have almost specific currencies... and they often raise the market at the peak of their activity
And most of their buying is in the afternoon and their selling is at midnight
6- In short, try to buy with them and sell with them... I hope the idea has reached
Three mistakes to avoid in trading if you want to win
1.. Don't buy any currency that has risen in the last 24 hours because 99% of them reach the top and after you buy... they will start to collapse 2.. Do not trade too much and reduce the number of your trades and remember that the more experience you gain, the fewer your trades will be. 3.. Do not rush into trading and remember that opportunities never end.. and every time an opportunity is lost, a thousand more opportunities come. $BTC $ETH $XRP
Smart Trading Strategy: How to Avoid Loss in the Cryptocurrency Market?
1. Don't sell at a loss. The first rule in the world of cryptocurrencies is patience. If the value of your cryptocurrencies drops, do not sell them at a loss. Stay calm and be prepared to wait for the market to rise again. History has shown that volatile markets often recover over time. 2. Boost investment in downturns