Hello everyone! I’ve recently become interested in cryptocurrency trading and realized that choosing the right strategy and a reliable trader are key factors for a successful start. However, the abundance of information and different approaches can be overwhelming. Could you share your experience: how did you choose a trader or a strategy? What should a beginner focus on to minimize risks and increase the chances of success?
I know that it is very overwhelming while gathering information on how to become a successful trader or at least become an effective one. Take one step at a time and extract the most important ones based on what you think as a newbie in trading.
I am not very well in trading but what I can share with you is to be patient at all times. To be more precise, many have become successful not being a trader as you wish but by simply becoming a holder/investor.
So, I guess that gives you a hint why many here understands the word HODL because it's been effective for most of us and the strategy? the DCA.
