5 tips to reduce your risk when trading bitcoin and altcoins🔻
1️⃣Have a clear target and a clear stop loss
Remember: trading doesn’t need emotions; only reason and rationality. And you just can’t ignore discipline.
2️⃣ Sometimes it’s better to take a small percent profit per position (especially during the bear market). Yes, you will need to make more positions for significant gains, but the guarantees of the success will be much higher. The truth is that the best traders in the world aim for small and consistent profits. They know this is the only way to success.
3️⃣ Do not trade with money that you need for living expenses. This is called "risk capital" for a reason.
4️⃣Don't be a blind bull. ALL markets are cyclical. Don't be afraid of failures or failures on the market - this is where you can earn more money.
5️⃣ Don’t go for one coin, but invest in multiple currencies. That way you’ll spread the risk.
I like the list: I would even add something:
To Number 5. I totally agree: I would even say that includes going outside of blockchain startups into new projects (nonblockchain) like Hashgraph and Holo. (Holo's ICO predicts 10x-100x ROI)
Yes, I agree with what you say :)
Благодаря за поста ти!Сложи едно фото да се разпознаваме:)Успех!
Харесал си ми всички стари постове,не то прави повече така си губиш енергията за стари неща които вече са изплатени.постът който харесваш трябва да е не по стар от 6 дни🙂Сега си провери пауера и два дни не трябва нищо да правиш докато не бъдеш пак на 100%
Правилата трябва да се спазват.
супер