What to do to have a good understanding of the crypto market

in Tron Fan Club2 months ago

Assalamu Alaikum


How are you? By Allah's grace, I'm doing very well. Today I will talk about a problem, the problem is that when you buy coins in the market or enter in the market, the market starts going down and when you sell here and exit, you will see the market start going up here or after you sell, the market is pumped.

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Starting with There are hardly any people who have not faced such problems while trading or investing in the crypto market. Almost everyone falls into the problem. So in this post I will talk about these things. Those who trade or invest in the market, most of the people who enter here in FAST have no experience. People who don't have much idea about the market means how the market works and how you can profit here, straight people enter or invest in the market without knowing anything.

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Now see on average only 3%-5% people can profit through trading. In my opinion trading is very hard and risky. Even those who call themselves professional traders cannot make good profits. At the end of the year the situation is like this, after making a good profit in this month, there will be a lot of loss in the trading in the next month. So on average the percentage of profit from trading is very low. If you see here 70%-75% people exhaust their funds within fast year trading. Rest 20%-25% people start losing slowly in next 5 years but only 3%-5% people can profit from the market. So now the question is how you can profit now. The biggest problem here is everyone's experience with the market. Most people who do not start trading here have no experience with the market and how to trade in the market, what your strategy should be. Let me give you an example to illustrate this point. Suppose I have a car and a few months ago my car developed a small problem. Then I took it to a garage to get it fixed. Then it turned out that the problem was in the engine. Then the mechanic fixed it. Now I give this example because you see the mechanic knows what to do but you don't know what to do. Mechanics don't learn these things in a day. Here he has acquired good knowledge and experience in all these subjects with his labor, time, effort. As a result of which he is able to do these things. You also need to put labor, time into the crypto market. You need to have a good understanding of analysis, data collection, charts. You cannot learn everything in one day you have to prepare for it.

Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.

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Upvoted! Thank you for supporting witness @jswit.

We should read steemit blogs to learn something new everyday. You are one of many good writers on steemit. Thank you for helping me learn something new everyday.

 2 months ago 

In my opinion this market is very big and nobody can learn it completely but the continuous learning is the key to have better understanding of the crypto market.

I learned something very important today through your post. I didn't know what to do to understand the market. I learned a lot today from your post.

wow your post today is very informative! Thanks for posting on such important topic, keep it up

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