3 Trading tips

in #trading • 6 years ago

3 simple tips that help me when trading they might be helpfully for you to :)

  1. NEVER fomo, there is no need to if a coin is mooning why would you jump onto it? It will probably drop soon as you do. I have seen people do it time after time. Just let it go there are thousands of other coins that can moon, you haven't ever missed out in crypto.

  2. Trade using BTC and not USD. If you set a stop loss in USD and it hits it and then moons straight after you will miss out on all those gains. You can also set tighter stop losses with BTC as you will still be invested in crypto.

  3. Stop loss, use them they are great.

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6 years ago in #trading by
$2.50
  • Past Payouts $2.50, 0.00 TRX
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     6 years ago 

    I also find that spreading an investment over multiple cryptocurrencies usually pays off better, as long as you monitor them all. Any losses are usually recouped by the gains of another investment.

    [-]
     6 years ago (edited)

    spreading out is very important and a good balance of low,mid and high cap too

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