If you just started right now it is best if you just hod while learning to trade because when BTC rise your there to get that profit so it's best for beginners or even pros to do
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Personally new alts will get more attraction and can be very bullish within a few hours and you can actually earn alot by buying that alt in it's ICO but mostly you hold it not sell it in the very beginning.
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Don't panic if BTC went dumping. Because the reason you are hodling is because you want to earn and not loose if you sell because the market is dumping you don't know what BTC is capable in doing.
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Bitcoin became bearish in the past few days because i think of the fork but don't sell unless you are scared and ok to loose money.
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As a trader you only have like 10% of winning trades and the 90% is lost trade. so you really need to be educated about trading to give you a better understanding on trading which means you can actually give the percentage higher in trading.
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Holding BTC is a great way to earn money with out doing any work, but like few months ago BTC was 4k and dump to 2.9K which is a risk on people who hates loosing money but look at BTC now it's already 16k!
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I usually do is set a stop-loss and when the price reach that specific stoploss i will sell at that price or if i'm in the mood of holding i will just not care about the price and let it grow.
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The market is still volatile, but actually the market is becoming more volatile rather than the last few months, if you will trade always set a stoploss incase plans doesn't turn well.
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Buy a coin that has a very volatile market even a short trade can gain so much withing that short period of time, so i usually buy in the 2nd-3rd pullback and sell in the 4th-5th.
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Some traders say exit and buy low but what can happend is actually after you say it will sky rocket and you lost BTC, so i prefer to HODL rather than selling and buying low.
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Traders say that BTC will reach $100k at the end and 30k at the late januray 2018, so HODL
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No, BTC is having a good correction and BCC has too much volume and breaking the market, but still btc will be the winner at the end.
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I usually follow alts in twitter to get big news and to buy their coin and also some signals online to get the best out of those news and i sometimes use reddit.
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Day trading is what i prefer you can instantly get back your investment in a very short period of time if you do it right but of course you will have a higher risk on loosing money in day trading/
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If you're thinking to sell yours because it's dumping the reason is BTC is having a good correction which means it can go 25k within the month but ofcourse it's still you decision.
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Then HODL. That's also a great way to earn money but you can earn more if you actually day trade, people can earn more than $1000 a day in day trading.
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If you are a day trader you MUST set a stoploss, if not you can not win in other trades because you lost to much money out of that i recommend setting a stoploss at 5%-15%
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Learn the basics, if you have $100 an you want to trade it learn charts TA etc, and for me also i started at only $100 and now it's already $2,500 in just a month.
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Stocks has a smaller percentage of loosing money and earning, but in crypto you will have a bigger percentage of loosing and earning money and what can i say that crypto is very more volatile than stocks.
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Trading is HARD, not gonna lie. you need to be self tamed before you can actually trade because i am very sure you will loose money in the process to be a pro trader.
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