To be successful trader

[MaMooN]

1-   Only invest what you can lose.
2-   Always pay attention to Bitcoin.
3-   Never put all your eggs in one basket. Diversify.
4-   Don’t be greedy.
5-   Don’t invest blindly.
6-   Categorize your investments and look at the long picture.
7-   Always learn from your mistakes.
8-   If you are doing any active trading, set stop losses.
9-   Learn how to read charts

[Danus]

Very good advice, but many can not overstep themselves and many items do not comply and they are excellent traders. I would have added the ability to "wait"

[MaMooN]

Very good advice, but many can not overstep themselves and many items do not comply and they are excellent traders. I would have added the ability to "wait"

i like what you add , its very important point

a lot of people have no Patience and could wait some times

[Lukasz]

SLeep little or less
get the jitters and creeps every time there is a major movement in one of ur holdings

have trouble falling asleep before checking just one last time … :-))))))))))))))))

[Meysa123]

all of that I feel is very necessary, and if we can avoid it or we should not be greedy and also do not put one egg in one basket it is also very good.

[kenning]

Your points is very good for people beginning to becoming a trade, however what matter most is money management and consistency is the key to profiting in long term.

[Speaker]

1-   Only invest what you can lose.
2-   Always pay attention to Bitcoin.
3-   Never put all your eggs in one basket. Diversify.
4-   Don’t be greedy.
5-   Don’t invest blindly.
6-   Categorize your investments and look at the long picture.
7-   Always learn from your mistakes.
8-   If you are doing any active trading, set stop losses.
9-   Learn how to read charts

It's a good memo, but few people follow it.It says what to do, but it doesn't say how ! Beginners deeply do not understand the meaning of these words and will continue to lose money.

[Crypto Prime]

Okay, that's a good suggestion bro. As an Investor, I also still need guidance and useful information about how to become a good Cryptocurrency traders and be successful in the future. The most important thing that I always have is the nature of caution and always being the best in doing business in this crypto world.

[Prime]

Don't forget that being patient is needed if you want to succeed in crypto currency. Besides, don't panic, it's also very important. Because I see many new traders panicking when they see the price of bitcoin going down. They are selling faster because they are afraid that bitcoin prices will go down. Though what they need is to be patient when joining crypto currency.

[Gunung_ulo]

it is indeed all the key to success to become a crypto trader, and I think that by all means we will be able to get consistent and also great results.

[imikocha1994]

1-   Only invest what you can lose.
2-   Always pay attention to Bitcoin.
3-   Never put all your eggs in one basket. Diversify.
4-   Don’t be greedy.
5-   Don’t invest blindly.
6-   Categorize your investments and look at the long picture.
7-   Always learn from your mistakes.
8-   If you are doing any active trading, set stop losses.
9-   Learn how to read charts


Thats a good hints. Thanks, I learn a lot with your hints. I am scared of doing trades, but to see this is an opportunity.

[KobbyD]

1-   Only invest what you can lose.
2-   Always pay attention to Bitcoin.
3-   Never put all your eggs in one basket. Diversify.
4-   Don’t be greedy.
5-   Don’t invest blindly.
6-   Categorize your investments and look at the long picture.
7-   Always learn from your mistakes.
8-   If you are doing any active trading, set stop losses.
9-   Learn how to read charts

I enjoy point three, it is always good to invest in a lot of coins at a time. If you put all eggs in one basket and it hits the ground from the top floor, then you are in danger. Invest in a lot of cryptos give a little portion to each one you want to invest. However, don't ignore the other point listed above. They are all very vital.

[owmivmen]

Yes, it is a good way to trade. The most important thing is patience in trading and determining a good time to buy and sell crypto.

[Doctor]

1-   Only invest what you can lose.
2-   Always pay attention to Bitcoin.
3-   Never put all your eggs in one basket. Diversify.
4-   Don’t be greedy.
5-   Don’t invest blindly.
6-   Categorize your investments and look at the long picture.
7-   Always learn from your mistakes.
8-   If you are doing any active trading, set stop losses.
9-   Learn how to read charts

I think It is good advice mate. But I personally cannot to do trading. I dont have alot of time.

[oo7]

Are you talking about daily trading? To be a trader is really quite stressful. You have to keep watch of the market and study prices well. Also, invest not all your money into cryptos. As you are investing, you have to know that it is highly risky.