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Author Topic: Experience is key, go for it.  (Read 448 times)
odunybiz
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October 28, 2023, 11:44:51 PM
 #61

No matter the amount of information you receive on this forum, if you don't practice and work on having a first-hand experience, you won't understand much.

Experience is key in everything we do and it plays a huge role in determining how successful we will become in that field.

Experienced traders know when to buy when to sell, and when to hodl. They also know how to manage any fluctuation in the market, This helps them to minimize losses and guides them to take reasonable risk.

As you choose either to trade, mine, or do what works best for you, don't forget to learn the fundamentals and apply them correctly. also learn how to start small and gradually, you learn on the job and with time your experience level should have grown and you can now start making a reasonably calculated risk.

In life, acquiring experience doesn't come if you don't make a move to try and start from somewhere. The soul called expert started as an armature sometimes ago. Fear of being a failure has made a lot run away from their dream work.

YUriy1991
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October 29, 2023, 05:18:06 AM
 #62

Experienced traders know when to buy when to sell, and when to hodl. They also know how to manage any fluctuation in the market, This helps them to minimize losses and guides them to take reasonable risk.


If you want to listen to the latest trades in real time, you should at least subscribe to market data although it is not a requirement. Market conditions fluctuate so quickly, costs can swing wildly, putting you at risk.

I think this is necessary and considered.

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mamesso
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October 29, 2023, 01:46:51 PM
 #63

Theory alone is not enough without being supported by practice. Theory and practice must be two things that cannot be separated because they play an important role in determining how successful a person will be in a field. The knowledge gained in forums is very useful when used when trading crypto assets, even though you are just starting to trade in crypto assets, it will be easy to determine your attitude when buying and selling. When you have the keys in your hands, it will make it easier for you to trade and invest because every action is always based on knowledge and experience.

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October 29, 2023, 02:12:00 PM
 #64

Experienced traders know when to buy when to sell, and when to hodl. They also know how to manage any fluctuation in the market, This helps them to minimize losses and guides them to take reasonable risk.
Yes but not everything can be learn on forum. Maybe a guide cause experience in trading must be acquire on actual testing on the exchanges. Some here uses dex, but didnt have parameters on sell limit or etc. But the same concept when monitoring the charts and using parameters and indicators. Id like cex cause they have that feature that helps in gathering potential decision on trading.

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