allison001
Verified member
Most of the people I know now, checking their smartphone or laptop you'll find out that most of them are into trading cryptocurrency and forex.
This is a very good means of making money online but at the same time this method of making money online is very risky, that is why it is always advisable to invest or trade what you can afford to lose, because when you lose, you have no one to blame but yourself.
How can we manage risk when it comes to crypto currency and also trading?
Succeeding in trading forex is not really based on each person's strategy but philosophy. A lot of crypto and forex traders lose their funds overnight, because they want to become millionaire overnight.
I have one of my friend that's into this,he gets some profit each trade he enters being it crypto or forex because he's really good in both analysis.Getting profit,he doesn't want to quit for the day, he's always looking or hungry for more,in this way he end up losing more of his money in the market.
He also buys cryptocurrency on binance,when the coin pumps giving him little profit,he refuse to sell it out,but hungry for me.
We should try and control.
This is a very good means of making money online but at the same time this method of making money online is very risky, that is why it is always advisable to invest or trade what you can afford to lose, because when you lose, you have no one to blame but yourself.
How can we manage risk when it comes to crypto currency and also trading?
Succeeding in trading forex is not really based on each person's strategy but philosophy. A lot of crypto and forex traders lose their funds overnight, because they want to become millionaire overnight.
I have one of my friend that's into this,he gets some profit each trade he enters being it crypto or forex because he's really good in both analysis.Getting profit,he doesn't want to quit for the day, he's always looking or hungry for more,in this way he end up losing more of his money in the market.
He also buys cryptocurrency on binance,when the coin pumps giving him little profit,he refuse to sell it out,but hungry for me.
We should try and control.