Hello everyone, it's my second post here as I received such a warm welcome and guidance and I'm so thankful for that.🖤
So I thought I should now start my crypto blogging journey. 💜
I'll start with trading, honestly, I don't have any personal experience in trading because I've started earning online a few months ago so not have enough yet for trading nor I have much knowledge about it but I'm learning it.
And one of my friends who is now kinda successful trader told me few things about trading which I would love to share with you guys
He told me about a token BtcV he said its a standard token he also trades in this token as he says the rate of this token is stable and he has got enough information about it to trust this token he started his journey with 65$ and now he has more than 1000$ amazing right?🥺🖤
He always trades with this token as he says that it always stays in a stable state
According to him local currencies has no fix timings or rate they may go surprisingly up and unexpectedly down so you're always at risk of losing your money because they may never go up again once the prices fall.
But Btcv always stays the same it stays in the 60s and even if the price of it drops it will always come back to its place in 60s$ like it can go down to 40$ but will come back to 60+ so you won't lose your money it can even go to 70$ and more but it mostly stays in 60s so when you see that it's in 50s you better buy it and you'll gain good profit on it.
Thanks for reading.
💜
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Wooow. Seems that you have now enough idea about trading. I hope I will be learn with you hehehe.
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That type of gain is possible in crypto.
We have seen the price LEO go from .025 HIVE to the 2 HIVE it is today.
That is quite a jump in a relatively short period of tiem.
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Wow that's amazing 2, I hope it goes more and more higher in future
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Well it's not far from what actually happens but usually people profit from studying the charts first before making their buy in and timing when to sell. Volatility is a common theme on crypto trading but it's better to know the basics of trading like familiarizing yourself with reading charts so you can make a trade plan. There are a lot of free guides out there available online to start with but it's best to read and read and read a lot of different strategies because there's no single system that can fit through all trading circumstance.
Learning how to trade is a daunting task for beginners but it's one of those skills you only learn by doing. While you're still figuring out how to trade, it's better to level your expectations to the idea that you will lose money but you will learn lessons that could make you a better trader and lead you to more money.
Posted Using LeoFinance Beta
Exactly I've seen so many people losing money in trading and I felt so bad even broken to hear about their lose but I saw them rising more strongly coming with more power and knowledge so it all need some time and practice and more and more knowledge I will try to learn from simple things to complicated and I hope I learn trading thanks for your informative comment💜
Posted Using LeoFinance Beta
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