Newcomers must read this!
If you're new to crypto space, you must learn and adopt the followings to sustain and grow:
1. Mastering Patterns :
Crypto space is turmoiling. It occasionally gets exponential growth and at the same time can get opposite momentum. In such a place what you need to do is mastering the market patterns and behaviors. To do so, you should understand candles, relevant data and graph charts.
2. Following the Trend:
It's an essential skill in reaping profits from crypto market. The market is very volatile and trends to get upsides within moments. To avoid this volatility following social media, overall market sentiments and important news update can make huge differences.
3. Sticking to Own Plans:
Everyone is special and has unique way of understanding things. What you understand about crypto matters the most to you. Blindly replicating others idea can take to to crypto grave. So, develop your own knowledge and stick to it may bear sweet fruits. In that part a slight modification can be made by your experience which you will ultimately gain over the time.
Last thought :
Crypto is not a place to get reach with zero knowledge. It is also not a place where you will be rich overnight. Experience, knowledge and perseverance create all the differences between a successful trader and amateur trader.