Secrets of Successful Trading Bitcoin and Other Crypto

VIP bitcoin Indonesia is no stranger to trader of Bitcoin, Ethereum, DavorCoin, and other digital crypto assets. Lately re-emerged surface and crowded, especially in my workplace. Starting from a trial and error that brings blessings, that’s what my dear friend says. With a capital of just 500 thousand rupiahs to buy newly, emerging crypto coins can get a profit of up to 30 million rupiahs in the market BTC Hit.

But not all success is only based on the luck factor, there are basic and advanced techniques in trading. Remember here is not to collect coins but look for the difference in the sale and purchase of coins in order to gain profit.

Analysis of the movement of selling and buying prices is necessary, ranging from percentage increase, volume and market price difference. Not infrequently traders are trapped in determining the purchase price, so they are reluctant to sell when prices tend to fall. But for me, if it is wrong to determine the purchase price immediately sell it before the coin a decline in prices is getting drastic. Then how to restore the loss? See other coins that potentially have an increase in the selling price. Buy when reaching the lower limit, if in this position we have a chance do not be afraid not to get profit.

As market prices tend to rise again, do not be too greedy to take profit, for me, there are safety restrictions to determine the selling point of a coin. Could be, our idealistic nature that expects big profits will actually bring harm. Like my college friends who are also traders, they have their own target every day to earn profits. Some have targeted 1% sd. 3% profit every day from the coins they trade.

But for a “Safe player” like me, have not dared to require profit every day. I tend to observe the position of a safe purchase price and sell in a safe position as well. If I can get a profit away from the safe selling price, I consider a bonus for me.

Whatever happens, when you trade bitcoin and other crypto coins, it’s wise to make a decision. There is nothing that does not have risks, but we must have a way to get out of every risk.

Each traded coin has its own characteristics in the price of its sale. It is important for us to see the volume of increase and decrease in the purchase price. For beginner traders sometimes complain about at least the profit earned from the coins, but they do not pay attention to the increase in volume.

In addition to volume, the difference in market price also affects the profit gained. The greater the selling price of the purchase price then a large amount of lucky gained. At this point, often the idealist traders get stuck because it’s too high to fix the selling price. Before the market price touches the selling price, the market price condition falls back and gets worse. Remember, traders, are not people who do not understand how to trade. Surely, they will not buy at an unreasonable price. This is what I call a safe position (a reasonable price).

Capital points this one of course we know. Any trader who has large capital, of course, can buy coins that are traded. The big investors are a very big influence on the sale and purchase price, because whatever they do (either sell or buy) affect the market price.

Expertise in trading cannot be obtained only by relying on theory alone. Surely this trading skill will be formed from every failure and your success. Pay close attention to any market patterns, coin characters, news, and trends. That is the importance of knowing basic trading techniques. You should read DavorCoin Review.