To trade, you need to have a good knowledge of the market

[raisajahan]

Crypto currency is the large investment and trading platform in the world right now. Crypto currency price is growing day by day for that reason the number of investor is increasing largely. There are many investors who are willing to go for trading in the crypto market. But crypto trading is not a matter of joke. Its a large volume of trading is happening every moment. So trading is risky for new investor who don't have a large knowledge about trading. First of all every one should need to learn practical knowledge about cryptocurrency market. About which currency is good for short term investment and which one is for long term investment. so if any one wants to trade, you need to have a good practical knowledge about the market.

[Rollinginthedeep]

Not just for crypto, but any investment you will make. Anything that involves money, then you should have vast knowledge on the first. Just like on stock market, when I first invested on BTCS, I thought that I know it already since I am into crypto for a while now. But that doesn't seem to be the case. So I did study a lot again on stock market to know more about it.

[gunhell16]

Trading can be profitable now. It is not possible to make a profit by working on earning sites. But if you have the resources or the ability to invest, buy and trade different coins. To trade you need to create an account on any of the authorized exchanges worldwide, plus you can trade there. First you have to have an idea about the coins. To be profitable in trading, you need to have a good idea of ​​the market. What do you think, discuss?

Knowledge is the most important thing in any form of trading whether it is a traditional way or online.
Without this thing, all the profit you are desiring will only become too risky only when you are in the actual trade.
But if you have the right knowledge surely IDEA will only be followed by that.

[Octoalts]

This is indeed very important, because professional traders certainly have high experience and knowledge about the Crypto market. Because with this knowledge they will be easy to choose and analyze which coins will give them a big profit for them to trade.

[sana12981]

Becoming a trader needs a background in engineering, math, or hard science, rather than just finance or business.
Traders require research and analytical skills to monitor broad economic factors and day-to-day chart patterns that have impacts on financial markets.
The ability to focus and concentrate in a fast-moving environment is an underappreciated but crucial skill.
Also, Keeping an Accurate record of the market is important for trading.