Trading relies heavily on the basic knowledge of trading "buy when cheap sell when prices are high", be patient and not greedy, but most traders are greedy and emotional.
Post
Kaelions
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A young person asked me to teach a few things, but there are no secrets, here are some small tips:
1 - You don't need to understand 100% of candles, just look at the historical weekly price of the crypto to get an average value.
2 - If I have over $500 I would only buy $SOL when it's low and sell when it's high, as it is a reliable crypto for a considerable value for someone who is starting out.
3 - Be patient, it can take days to go down and days to go up. But it always goes up and down.
4 - If you want to be a trader, don’t focus on high profits; the higher the profit, the longer it takes to achieve. Several small profits will take you far.
5 - If I have less than $500 I would only go for $AI, a price that always stays around 0.11 and 0.13, it is a slightly riskier crypto but the value below $500 is worth the risk. Do the same thing I mentioned above. Buy when it's low and sell when it goes up a bit.
6 - The most important:
Never, ever act with emotion to avoid buying high and selling low. Be patient.
Definitely forget the option of 'Futures' or you are out of the game!
1 - You don't need to understand 100% of candles, just look at the historical weekly price of the crypto to get an average value.
2 - If I have over $500 I would only buy $SOL when it's low and sell when it's high, as it is a reliable crypto for a considerable value for someone who is starting out.
3 - Be patient, it can take days to go down and days to go up. But it always goes up and down.
4 - If you want to be a trader, don’t focus on high profits; the higher the profit, the longer it takes to achieve. Several small profits will take you far.
5 - If I have less than $500 I would only go for $AI, a price that always stays around 0.11 and 0.13, it is a slightly riskier crypto but the value below $500 is worth the risk. Do the same thing I mentioned above. Buy when it's low and sell when it goes up a bit.
6 - The most important:
Never, ever act with emotion to avoid buying high and selling low. Be patient.
Definitely forget the option of 'Futures' or you are out of the game!
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