Insider Trading

Been trying to learn more about crypto trading over the last few days and I just felt it would be nice to share some of the things I have researched in a thread below as to help others who are willing to know more as well and together hopefully we can learn together 

Firstly I’ll like to define trading in crypto as the buying and selling of cryptocurrencies with the aim of making  cryptocurrencies with the goal of making a profit. 
Below I’ll drop  few   Key concepts we need to know about trading in the thread below 👇

I want to talk more on Risk management after doing more research 

Risk management is super important in trading, especially when it comes to the wild world of crypto. It’s all about finding ways to minimize your losses while maximizing your profits. One of the first things to think about is position sizing. This means figuring out how much of your total capital you’re willing to risk on a single trade. A good rule of thumb is to only risk about 1-2% of your capital on each trade. This way, you’re protecting yourself from big losses that could hurt your overall account.

Another handy tool is the stop-loss order. This is a price point you set to automatically exit a trade if things go south. It’s a smart way to limit your losses if the market doesn’t go your way. Diversification is also key. By spreading your investments across different assets, you can cushion the blow if one of them doesn’t perform well.

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This is good man
Great write up
Learnt some new things

I love interacting and making the world a better place innit

Will crypto ever make me rich?
Mod- /bigenergy