OP 24 January, 2024 - 10:36 AM
(This post was last modified: 24 January, 2024 - 10:40 AM by Manurinos.)
Trading is the buying and selling of cryptocurrency in order to make money on the price difference.
The difference between the price of buying and selling and is a profit, if it is positive, if the values are negative - it means a loss. You should also take into account the commission of the platform on which you trade. Because of commissions you can lose a lot of money.
Most beginners lose money due to lack of understanding of processes and practice. Therefore, before you start trading, you should learn the theory and practice on small amounts.
There is no universal trading strategy, indicator or any other technique that would allow you to always trade in the plus, otherwise it would be used by everyone, but everyone can not earn, someone is bound to lose.
At the moment of a deal, both participants think that they make the right actions: one sells, thinking that it is necessary to sell, and the other buys, thinking that it is necessary to buy. At the same time, they can use the same data and chart for analysis, but the interpretation of events and circumstances, as well as a number of personal qualities will differ.
Trading is not a team game, it is rather something between chess, where you need strategy, tactics, plan and poker, where the psychology of participants can decide the outcome of the game.
This is a bump
The difference between the price of buying and selling and is a profit, if it is positive, if the values are negative - it means a loss. You should also take into account the commission of the platform on which you trade. Because of commissions you can lose a lot of money.
Most beginners lose money due to lack of understanding of processes and practice. Therefore, before you start trading, you should learn the theory and practice on small amounts.
There is no universal trading strategy, indicator or any other technique that would allow you to always trade in the plus, otherwise it would be used by everyone, but everyone can not earn, someone is bound to lose.
At the moment of a deal, both participants think that they make the right actions: one sells, thinking that it is necessary to sell, and the other buys, thinking that it is necessary to buy. At the same time, they can use the same data and chart for analysis, but the interpretation of events and circumstances, as well as a number of personal qualities will differ.
Trading is not a team game, it is rather something between chess, where you need strategy, tactics, plan and poker, where the psychology of participants can decide the outcome of the game.
This is a bump