10 golden rules in cryptotrading
At a certain point in my "process of developing", I decided to try my intelligences in the area of crypto currencies. In my search for the ABCs of thus great endeavour, I learned from my experienced teacher Akinwale (Sagereal) thus👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇👇
Trading Rule :
1: Never invest what you cannot afford to lose
2: Time in the market is better than timing the market
3: The best time to buy was yesterday, the second best time is now
4: Nothing goes up forever, expect dips
5: If you can't buy 10, buy 5; if you can't buy 5, buy 1
6: Even small positions can have massive returns
7: Never buy what you don't understand
8: When others are fearful, be excited; when everyone's excited, be fearful
9: Someone will always make more than you, focus on relative, not absolute gains
10: Sometimes you WILL lose money, refer to rules 1 and 2 to minimize loss.
These have been my guiding light in my journey as I set one foot before the other on this trail. I hope this post guides my fellow Steemers in Crýptotrading.
Have a Splendid day,Family!!!!
Hmmmn...applied all
Good rules should implement
You sure have a great coach . Way to go
Thanks, sure I do
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STOPI use rule number 1 always, that way I don't keep looking at the charts
Let me add one more: Patience is Key! I learnt it the hard way