Things You must know before trading !

[Cryptomultiplier]

Very useful post thank you. This things doesn't just happen overnight as rightly said it takes starting the knowledge acquired and then learning more as progression continues. One cannot exhaust the information and depth of crypto even after 5 years of experience, it is one world of continuous learning and progress

The post is very well organized and it is more like a wake up call to those who have given up hopes to learn trading or complete any trading classes they formerly started at a time.


The 1% risk rule involved in trading is more as a guide to ensure a potential trader stays disciplined and not entirely loose so much, so that they regret such an investment.


OP mentioned something about not using signals for trading but I believe a more accurate and legit Crypto trading signal site would do much to assist a professional trader make trading decisions, than it would a newbie trader still trying to understand how the market works.

[Syedbesharat]

Having knowledge is indeed powerful, especially in the rapidly expanding crypto market. The market movements can either make you rich or poor within days. While studying is crucial for any crypto adopter, it is equally important to make daily investments and decisions to gain confidence and profit. These practical actions are the lifeblood for any crypto adopter. So, remember to study, but also be practical in the crypto space.

[Idrishad]

additional to your post Before you trade, it is essential to understand and be prepared for the complexities of the financial markets. The following information should be known to you before you trade:

[1] Devolution: Cryptocurrencies are not controlled by a central body like a financial institution or government, in contrast to traditional financial systems.
Block chain, a decentralized ledger that keeps track of transactions over network programming, ensures encryption and transparency, is used by the majority of cryptocurrencies.