*(3) Types of traders in the cryptocurrency market & Some tips so as not to lose your money.

in #cryptocurrency7 years ago

                                                   

- The first type

He is the manipulator I call sniper or trader opportunities and short deals

The disadvantage of this type of trading is that it is difficult and involves risks and technical analysis in the currency of success rate of 50% and it is necessary to rely on the news in parallel with the analysis

Even if most deals succeed 90%, failure of 10% of transactions would take a large percentage of profit and sometimes part of the capital also

- Type II

It is the trader I call a trader, a farmer who searches for strong currencies and buys and stores them until the price rises and sells them

This kind of "trading" is easy and anyone can do it and it also carries risks but it is less of the first type

The disadvantage of this type is the wait for a long time and the accompanying psychological effects in addition to the risk of the collapse of some of the stored currencies or decline in value permanently for any reason known

- Type III

The trader is the farmer and the sniper at the same time that he buys and stores strong coins and at the same time prepares his gun (part of his capital) to catch opportunistic opportunities in short deals and uses the profits collected to support stored savings and also to extract part of the invested capital

Tell us what kind of traders are you ???

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* Invest in the long term to gain more

* Selling when everyone is optimistic and not when selling everything

Let's say you want to sell your digital coins and make a profit, which is better if you're stable and achieve your goals.

If you decide to sell when you sell others you will usually lose your money where in a matter of minutes or seconds the price of the currency will drop dramatically and sell at a price lower than your target.

* Buying a good decision at a time of crisis

* Risking the capital that you bear losing only

* Remember the area of ​​digital currencies will continue but some currencies will disappear.

* Do not keep currencies in trading platforms.

* Follow the currency news every moment.

*News

And always remember not to be greedy

 

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Interesting post, thanks!

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