• You need to have an account on the site to post and download resources.
    Click on the Register button to create an account now.

QUESTION Do you want to find ways to Increase Confidence in Crypto Trading?

faucetpay.io

vest1992

Self-Development Counselor
Staff member
Moderator
Trusted
Verified
Jul 25, 2020
438
264
63
Brasov
Credits
24,158
Here is a Tutorial on ways to increse Confidence in Crypto Trading

You must have confidence if you want to become a successful crypto trader. What if a novice trader whom is trapped in fake confidence after trading crypto, and get profits 2 to 3 times in a row. This makes them like expert traders with so much trust, they boost themselves. but in the next trade after he lost in trading crypto confidence turned into frustration. So to be able to increase your confidence you can do the following:

1. Psychological Factors
Try continuing to practice controlling fear, greed, emotions and practicing patience eg patiently waiting for confirmation of sell or buy signals, before opening a trading position. So positive thinking and positive habits will form a real confidence.

2. Don't despair if you lose
There is no single crypto trader who has never lost, because profit and loss are part of trading, so you must be aware that trading losses have nothing to do with self-confidence.

3. Keep Learning and Practicing
Never feel clever in trading crypto, this does not mean you have to master all trading strategies and practice it. but more important to improve the quality of some of the strategies that you often use in trading crypto.

4. Evaluation Every time you trade
Both profit and loss you need to evaluate the trade that you have done whether your calculations are correct, and make notes in your trade journal.
 

hani20980

Well-known member
Trusted
Verified
Aug 23, 2020
322
72
28
Credits
90
Hello vest ! another important topic thnx for sharing well this four rules are very important in the crypto world
and i think the most important thing is never buy a coin with all of your balance even if it's a famous coin because
no one know what's gonna happen and it can drop at anytime
 
Vertical Changelly

Similar threads