See 10 Best Tips to Make the Most Money In Bitcoin Trading

[cryptjh]

 Margin trades, where you do trades with 10X or 200X of your coins are not recommendable, most traders will lose everything this way, and if your a newbie in trading you almost guaranteed to lose on it, especially in crypto.
But you can be lucky and buy on the correct time, and just follow the trendline up.
Buying coins a few weeks before the coin has an annual conference, can also sometimes be a great investment.

[1715206978]

1715206978

[posi]

I don't know if this is for newbie or more those who have experienced some in trading already.

I guess if you are a newbie in trading, you need need to get things complicated on your end. You can't minimized loses, the good thing though, is that if you have suffered or experienced losses early in your trading journey, chances are you learn from your mistakes and make you a better trader.

I believed the OP was giving the newbies tips and what they need to do to be a profitable crypto traders. But you're wrong when you said ones can't minimize losses in crypto trading because thats the strategy which most of the arbitrage traders usually used. However, crypto trading is not for every body though.

[dark08]

I don't know if this is for newbie or more those who have experienced some in trading already.

I guess if you are a newbie in trading, you need need to get things complicated on your end. You can't minimized loses, the good thing though, is that if you have suffered or experienced losses early in your trading journey, chances are you learn from your mistakes and make you a better trader.

I believed the OP was giving the newbies tips and what they need to do to be a profitable crypto traders. But you're wrong when you said ones can't minimize losses in crypto trading because thats the strategy which most of the arbitrage traders usually used. However, crypto trading is not for every body though.

Being a trader is not easy you need to be carefull because the whales always there to grab you, but all things can be done if you learn a good method your losses can turn to wins step by step OP gives a strategy for those people who want to make money in trading.
I came from margin trading my capital lost because of my mistake which is I'm not doing anymore to my next trading.

[qwertyup23]

<snip....>

The tips you provided are also applicable to both newbie and veteran investors as they embrace the essentials/fundamentals of trading. In addition to your list, you should add that traders MUST focus on one coin to minimize the risks associated with. Having multiple coins to focus may hamper your decision making skills as your attention is divided among all your other coins.

very difficult to implement, but useful, I think you understand very well about how to trade well and get great benefits

The only way to understand trading is by experiencing it first hand. The tips cannot be applied instantly without getting to feel the environment of trading. It is like teaching someone to drive by letting him read books instead of driving an actual car.

[miropp]

That's right. I think that it is enough to follow only some of the rules from your list and it will provide you with a successful trade. The most important thing is to choose your strategy and tactics and then everything will be fine.

[Bitum]

All these tips hardly help. Everyone has to make mistakes for themselves, that's the only way to learn

[Whosdaddy]

I think your tips will be too complicated for every new trader or new people who want to make money in bitcoin trading. Maybe you need to simplify the tips and made people understand so they can learn from many sources. But that is a good tip for every people, and you can add more tips here if you have another suggestion.
Maybe the best tips only use the money you can afford, don't be too greedy, always controlling your emotion in trading.

You know what happens when a newbie come across such information? They read it and it actually helps them figure out what needs to be done to make it happen. But, there are those newbies who just want to make quick money and for that, they simply skip such tips and wants to gain experience by getting their hands on practical things so some of them fail in the start but later on make it big as well.

I guess we must thank for OP for taking time to bring up such useful tips. In the past also I have seen many people were sharing some tips but this time I guess this one must have been composed from real experience and not just due to have a well written purposes.

[Slow death]

Hi everybody. Nowadays, Bitcoin is very famous and a familiar term

after reaching $20,000 in a few months, many TV channels, newspapers and banks started talking about bitcoin.

and all bitcoin lovers want good advice to earn more money through cryptocurrency (Bitcoin) trading.

no offense. but most advices make people lose money instead of making money.

Reduce your losses - use stop loss and make sure you have exit strategies on a position.

this is the main thing the person should have in his head as soon as he is going to trade

Read the company's news - prices and volumes of cryptocurrency exchanges can be heavily dependent on news and company news. If Ripple publishes an announcement that the XRP will be used as the main currency in Santander, the prices will definitely be on the rise. Staying up to date on this news is important for the trade.

 

I think you mean: keep eye on Dev news...

in the case of altcoins is very important to accompany the altcoin ANN Thread, twitter and Reddit.