Today I want to leave a teaching that was given to me a long time ago when I entered too, just like so many people are doing right now, in the world of cryptocurrency and related trading. They may seem a disgraceful rules for many of you, but I assure you that it is not for everyone so, so my advice I hope can serve someone to not make many mistakes that I did in the past, and I think we do many of us when we are approaching a world that is so new and co nstantly evolving. I would like to start by telling you that being able to trade with criptocurrency is completely different from doing it with the customary, forex and commodity markets, just to give an example. Here in addition to a technical and fundamental analysis, which in any case can always help us to understand the type of trend in which we find ourselves and understand if it is a good time to exit the market or on the contrary open new positions, we often forget to go on to observe other aspects that I consider almost indispensable in order to understand the success or failure of a digital currency.We have a multitude of tools available to everyone and especially free that can allow us to study well a project and then evaluate a priori if it is agreed to enter or maybe stay at the window to look, I want to mention someone just to give you an idea of what potnziale we have in our hands, but that unfortunately many of us immediately put aside, focusing perhaps only on the price or on the capitalization of the currency.
- Twitter, I think this social essential for those who approach the world of cryptocurrency, here we can follow in direct and completely updated manira any project on which we are interested, maybe get a preview of news, so how you can understand this is essential to carry out a winning and profitable trading.
- Bitcointalk, another tool in my opinion essential for those who are interested in the world crypts day after day, for many users is completely snubbed because it is not fully understood the potential of this tool, which opens the whole bitcoin ecosystem and technology of blockchain . Here you can follow the various posts in which you talk between real users, the project related to the currency you are interested in and then assess with your own eyes if this can have positive implications and quinid profitable over time.
Obviously the rules to follow do not end here, it is a world as beautiful as complex, for those who really want to trade must put in the head that here nothing is easy, get profits that is possible but it takes patience, strategy but above all a lot of psychological control . For many it may appear to be a completely topic argument, but I assure you that your psychology will play a very important role during your trading session, this because the brain will take you to perform actions that you would never compile with a clear mind. This is always because there are big amounts of money at stake and you have to have cold blood, but above all a strategy that regulates all your decision-making mechanisms. Last rule, no less important, that I follow every day with a strong hand is that of patience and perseverance, forget that you can become wealthy within a month, forget it is virtually impossible and beware of those who promise to make big shots risking little and in a short time, it's impossible. Study a strategy, invest in serious projects and that you think can have great potential in the near future, this is the technique that I use for a long time and I assure you that has always brought me profits, I just hope it can be like that for you too. I only hope that these rules can be a warning to someone, if you have any doubts or anything else I would like to comment with anything and I will try to give you my point of view, I am at your disposal. The more we help each other, the greater the profits we can all make together, to the next time, my dear friends!