Lin5878 Posted May 18, 2020 Share Posted May 18, 2020 Hello everyone, How are you, Hope you all are well, today i want to share with you some cryptocurrency trading and exchange related tips, which is very important for beginner. Put your investment in several coins Warren Buffet had once quoted - “don’t put all of your eggs in one basket”, and that’s very faithful the cryptocurrency market. Hence, you ought to invest in several coins and avoid investing in just one coin to avoid high risk. Every trade cannot guarantee a profit As cryptocurrency is more or less almost like other CFDs like forex or commodity, there are chances of loss also, and nobody can promise to be profitable in every trade. Avoid fear and greed factors Fear and greed are two emotional factors which require to be eliminated in every way possible since these two are liable for bad trades. However, it's impossible to eliminate these factors. Judge your investment with Bitcoin To trade Bitcoin, you'll incur a big amount of fund as an investment; just in case of the adverse market scenario, you would like to understand your investment capability, holding period and loss capability thus you don’t have any significant impact in your lifestyle . Think before investing as any profit/loss you'll afford without deteriorating your social or financial life. Invest before you recognize the danger There are always risk related to cryptocurrency trading despite being well-versed with it. Therefore, you want to calculate the share of risk and the way much which will impact the capital negatively. Also, if the danger is well-calculated and you've got agreed positively in touch , then such traders may choose this type of trading. Some cryptocurrency exchanging tips: If you really want to Exchange your cryptocurrency with the best price then, first of all you need to find out a best cryptocurrency exchanging platform, which will provide you the best price for your cryptocurrency. Such as EXCHANGE qiwi for Bitcoin. yes, exchange qiwi for Bitcoin (обмен киви на биткоин) is also a good platform for exchanging cryptocurrency. But if you want another good exchanging site then my suggestion is first research more then exchange. because all exchange platform is not the same. SO, you can follow these tips for cryptocurrency trading and exchanging cryptocurrency. Thank you for your cooperation. Quote Link to comment Share on other sites More sharing options...
Alick Bannerman Posted May 28, 2020 Share Posted May 28, 2020 There is no special tip at all. It’s all about just simple formula for one to go with to be able to do trading or exchange in smoother way. My personal opinion is around Secure Bitcoin Purchase since nothing else matters, eventually. And that’s where Rocketbit is a very important name in my eyes. One of the simplest, securest and comfortable place to buy Bitcoin from especially for beginners. The support is also equally excellent here which makes it so cool. Quote Link to comment Share on other sites More sharing options...
Suba Posted March 2, 2021 Share Posted March 2, 2021 Very useful tips for novice crypto traders and investors, the need to diversify investment in several cryptocurrencies, you are right that trading will not always be profitable, fear and greed are factors that are difficult to eliminate quickly, especially by novices, of course it will take time to slowly eliminate them, I think there are many trusted crypto exchanges out there and we are not too hard to find. Quote Link to comment Share on other sites More sharing options...
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