Newbie in crytocurrency

[kachinna]

In terms of trading cryptocurrencies i would say i am a newbie. I have been around it for many years, but that has not been my focus. The focus is more on forex trading and other assets. The interest is now huge

[Sendo12]

I agree. Some are just interested in the outcome of crypto trading like the possible high profit opportunity. But they don't allot much time to actually study it first and know the risks it entails.

We can say that they are somehow following the bandwagon. They may not be really interested in financial investments, but because they knew that some have become successful, they wanted to try it even with the lack of knowledge. This for me is wrong move.

[Aya]

It is important to understand what cryptocurrency is and know how it really works. Most of the users usually fail to make money because they don't have any trading knowledge.

I agree. Some are just interested in the outcome of crypto trading like the possible high profit opportunity. But they don't allot much time to actually study it first and know the risks it entails.

[Mr. Cid]

I agree with starting the investment with the right amount of money. We should only shell out the amount we can afford to lose. As a newbie, we should test the waters first and see how we can handle it before we invest a huge amount of money.

It is important to understand what cryptocurrency is and know how it really works. Most of the users usually fail to make money because they don't have any trading knowledge.

[Trader_Rob]

One thing I've learned in the cryptocurrencies investment is to set your goal before you invest.

I agree with starting the investment with the right amount of money. We should only shell out the amount we can afford to lose. As a newbie, we should test the waters first and see how we can handle it before we invest a huge amount of money.

[Mr. Cid]

You have so much to learn about trading cryptocurrencies. Always remember that your emotions play an important role and could affect your earnings.

[Newbie_trader]

1. Decide which kind of digital coin you are interested in.
2. Know your goals.
3. Invest in a widely accepted asset.
4. Start your investment with the right amount of money.

One thing I've learned in the cryptocurrencies investment is to set your goal before you invest.

[AbdulShiek]

1. Decide which kind of digital coin you are interested in.
2. Know your goals.
3. Invest in a widely accepted asset.
4. Start your investment with the right amount of money.

[Newbie_trader]

You should make a plan before you start your trading activities. Avoid doing unnecessary things. Don't go against the market wave if you feel something is not good.

[Juskopo]

I am Newbie in cryptocurrency and would like to start a small trading scheme that would try my skills in the market movement. What should I do? Invest now?