Before You Start Trading Cryptocurrencies: Essential Steps for a Successful Start
Trading in cryptocurrencies is not just about buying a coin and waiting for profits, but it is a process that requires mental, knowledge, and financial preparation before you put your first dollar in the market. Here are the most important steps to take before starting:
1. Defining the Goal and the Plan
Before you enter the market, define your reason for entering:
• Is your goal long-term investment?
• Or do you want to achieve quick profits through speculation?