Tips for avoiding loss trading digital currencies for beginners (forex)

Digital currencies in general and how for a beginner to win reasonably and reduce the percentage of loss

Speaking about digital currencies and the field of trading by selling and buying currencies, making quick deals, and also investing, there are a lot of platforms that may help you with this, for example, Binance, which is the best trading platform so far, but am I, as a beginner, able to make quick deals and profit from them! Or am I, as a beginner, losing my capital?

To answer this question, we will resort to converting the currency to an example, which is converting the currency into a commodity. if you bought a commodity from a supermarket for a small amount equivalent to دولار 1 and after a while, its price fell or Rose, here you can say that this is not a loss or profit. in the end, you own a commodity, no matter how much it is worth, and to return to our main topic is how we can profit from digital currencies quickly without loss. this is due to the personality of the person. are you a lover of quick simple profit or a lover of big profit, even if it is delayed, the first point can be done with ease, but you must have several skills namely, “the ability to analyze - patience - Bear the loss ” and these simple qualities guarantee but profit through the Spot quickly, where you can buy a digital currency that suits your capital, which may also be a key point that makes us ask whether to buy a currency whose price is high or low, or whether to buy a currency whose candle is green or red!

The answer to this question is not to walk with the herd!

How does it mean that I don't walk with the herd? Simply to be free with what you do and to bear the profit and loss for you and you, no one shares this thing with you, but you may share with others through the graphical analysis of the currency, regarding the type of currency you want to trade very simply

1-be a strong currency
2-the currency is at its maximum decline or at least it is a reasonable decline to buy
3-a currency that has a strong project
4-be a cheap currency even if you have a billion dollars
To detail each point separately, to be a strong currency means to be the currency of all the news you are talking about or related to certain events, for example, simple meta Firth coins, which went up terribly when Mark Zuckerberg announced the beginning of the meta company, and here we say that the currency was associated with an event, which is the announcement, and also the Shiba and dog coin, which was associated with Elon Musk, who is considered the godfather of canine currencies and distinctive currencies, and in my next article I will talk about them in detail, and also the next point, which is to be at its maximum decline, that is, when I buy a falling currency, this is a guarantee that the currency will rise and here I will be sure of my profit, as the currency will not fall below this price, except in the case of the bull market, and this I will talk About it in detail in another article

As for the next point that the currency has a strong project, this is something we talked about in advance that each currency has a project, and each currency is associated with events and projects are companies, financial institutions, etc., such as beta currencies, which are linked to the stock market and RIBA-based banks, as for the last point, which is to be a cheap currency, this is a very basic thing, the more you buy several pieces at a cheap price, the faster and bigger your profit, where instead of earning a dollar from an expensive cat, you can earn سنت cents from a piece at the same price as you buy a high currency