Trading is good, but most newbies struggle because of lack of experience and skill. The other best option is to Invest. Here are some things you should know1) Research: There's no way around this because this is a very crucial step that a lot of newbies like to skip because "it's not really easy to do"When doing your research, it's important to monitor and check the price history of that asset.The reason for this is that you will start to notice some price patterns that may be helpful in choosing an entry and exit price.2) One solid project is enough. From your research there's going to be a lot of different projects you think will be good however you don't need to focus on choosing too many coins.One good coin is okay, because from the research you need to be able to tell that the coin is bear market resistant as that where a lot of crypto projects may fall off.3) Your initial investment is very important. Having a good sized crypto investment gives the investors an opportunity to make more profits.Someone on social media recommended that a quick way to start investing in crypto is to have a savings account where you save up a little money and then after a while, there's enough capital to start investing.According to the writer of that post, he tried to explain that a good sized investment would start from $5,000 to $20k.4) Buy the Bottom: This is not the easiest thing to do because no one can control how low the price of a crypto asset will be.Buying the bottom means to buy the dip. Most people do the opposite, they "sell the dip". This is because they notice that the size of their investments keeps reducing during a bear market.The idea is to not be keep thinking about the bottom but if a certain project has dipped really low about 70-90%, it may not dip lower than that and even if the price goes below that, at least its close to your entry position.5) Hodl: I can agree this is the hardest part of the equation because this is what separates the winners from others.You need to try to not sell your assets even when a large percentage of your asset is going down.A quick idea to help you do that is to stop checking your crypto portfolio very frequently. You can reduce it to maybe three times a week.But you also need to pay attention to news reports about that asset so that you are aware of big changes surrounding that asset.

This guy shared his story of how he was able to outsmart the market by making almost $1000 in about 15 mins doing these eight things.1) This guy believes a lot of traders especially new traders believe "trading to be complicated" which is why they use too many indicators to decide what price to follow.For him, he did the opposite. He waited for a dip2) He noticed the price of BTC at that time was consolidating for a while and then it went down in price. This opened an opportunity for him to buy other alt coins.3) He started to look for altcoins they have two things: Price drop and Liquidity.A coin should have good Liquidity. Why people say don't trade penny coins is because some penny coins have very low liquidity which means there's not many people willing to buy your coins when you want to sell.It's obvious that some traders like to buy high because of fomo and sell low because of dip. This behavior is terrible when trading. 4) He entered the trade with a good capital with a price target: most traders want to trade with $500 and turn in into $5,000 quick, That will lead to bad losses.He entered the coin at 88 cents and wanted to sell when it hit $1 to $1.3.5) He set a price target because he didn't know where the price of the asset was going. He suggests that using an indicator that shows the support and resistance levels is another to be able to determine a realistic price target.6) He set a stop loss which means he was not risking his full trading capital, he was only risking less than 1% of his capitalSetting a stop loss prevents big losses and it's not a fancy thing to think that you need to take big risks just because you have a big trading capital.7) He set a price alert: Setting a price alert allowed him to be able to check in on the price once it reaches a specific amount.8) The coin went From 88 cents to $1.19 in one day, he sold his coins once it hit the price target he wanted and then he made a gain of $779If you have gained value, please support us with a tip.❤