You are viewing a single comment's thread from:

RE: Dont know how to trade? Automatically copy other successful guys!

in #bitcoin7 years ago

Trading is not easy, there are lots of rises and falls. Following successful people on trading social sites can be profitable but I've witnessed many great traders going to a losing streak of couple of weeks. Only invest what you can afford to lose! :)

Sort:  

I agree, trading is not as easy as it looks...greed overcomes the brain and then you will think that it will always be success untill huge loss occurs and you loose all. Better try my luck here at steemit and be safe

Or you can just learn to put stop-loss on every trade you do. There is no need for huge losses if people are not trading lazy.

Good point, I agree

Very interesting ! I started a series on how to understand and use Market Indicators like the RSI index and the MCAD. Please check put my first post and give me your honest review :)

https://steemit.com/bitcoin/@alihbadr/rsi-index-invest-smarter-1-understanding-market-indicators-to-help-you-better-interpret-the-cryptocurrency-markets-practical

@alihbadr

@Freedomnation, Investing comes with risks indeed. For the Stock Market, I would say you need a minimum of 7 years to Invest. Investing, is making your money work for you on the long run. A very good advice indeed to keep enough savings in cash. I recommend my clients 50% cash, 30% stocks 15% Trackers and 5% gamble cryptocurrency money.

Coin Marketplace

STEEM 0.22
TRX 0.20
JST 0.035
BTC 90550.33
ETH 3203.67
USDT 1.00
SBD 3.15