There is a way to make a fortune in cryptocurrency trading, as long as you are willing to learn and want to make money in the crypto space 🚀🚀🚀
First, you need to survive in the crypto world; no matter how much capital you have, there will come a day when greed takes over. You need to understand which strategy you are using. The principle is simple: use the simplest trading strategies. Although they may be somewhat crude, they are particularly friendly for beginners. Trading is not about diving in headfirst; your strategy is your best partner. You need to be able to maintain discipline and stick to it. Here are a few small suggestions:
1. Arrange your strategy according to your daily routine; otherwise, you won't have much energy.
2. For full-time traders, you can look at 15-minute or 1-minute charts and then backtrack. For those busy with regular work, look at hourly charts; otherwise, it will greatly affect your work as you’ll be constantly checking.
3. Indicators shouldn't be too many—three to four is enough. You don't need to look at too many strategies; just having one for predicting a short position and one for a long position can make you anxious.
4. Don't engage in swing trading and day trading simultaneously; strategies won’t work across all trades.
5. Learn to protect your capital while pursuing profits to survive in this market.