Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
The basic rules of trading hasn’t changed, it is still to buy low and sell when it’s high. Nobody tells you what to do, and because you’re buying low and selling low doesn’t mean that everyone is going to do the same with you, everyday there are people who are buying Bitcoin and everyone that is buying is buying with hope that the market is going to increase and they will make profit.
It’s just like in 2017, the market got to 20,000 dollars and even at that rate there were still lots of people who were buying and they were all hoping that they are going to make profit, so it’s the same thing with now. I mean just get into trading with basic knowledge and then over experiences you can lean all the required knowledge and strategies.