Help me get rich :)
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Welcome and have fun getting rich ;-)
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Well thank you guys. Any suggestions wher I should start?
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@st30pHen
1.
Read about cryptocurrency, forex and stock trading, micro and macro economics, banking, public finance, fundementals of accounting.Use knowledge to start trading with a small amount of money by using technical indicators for daytrading with ~30% of your capital and macroeconomic analysis based mid/long term trading for the rest
???
Profit!
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Haha well said. I’m not that versed in points 1 and 2 but I’ve got points 3 and 4 down pat :)
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cool as a fulltime market trader i can say one thing, easiest people to make money off are the get rich quick crowd ;)
welcome abroad :) -
@kelsey said in Help me get rich :):
cool as a fulltime market trader i can say one thing, easiest people to make money off are the get rich quick crowd ;)
welcome abroad :)Sounds interesting - fulltime market trader - maybe you can share some insights for newbies what to consider in the FTC world of trading? (or is it like the magician who don’t share their moves) ;-)
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@sradics where would i begin? :) the refreshing thing about trading the crypto markets is you can be completely honest ie in real markets on most open forums, you want people to buy when you sell and sell when you buy so everyone says the opposite to what you are actually doing.
some insight ok i’ll start with the first rule of trading; never trade any money you can’t afford to lose. -
@kelsey said in Help me get rich :):
some insight ok i’ll start with the first rule of trading; never trade any money you can’t afford to lose.
This is worth saying 3 more times and is exactly how Ive kept my mindset since day 1 of my crypto experience. Its so nice to not care so much when markets go down. My home and entire life isnt riding on an investment. If I gain then great! If not… meh, it was fun.
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@AmDD said in Help me get rich :):
@kelsey said in Help me get rich :):
some insight ok i’ll start with the first rule of trading; never trade any money you can’t afford to lose.
This is worth saying 3 more times and is exactly how Ive kept my mindset since day 1 of my crypto experience. Its so nice to not care so much when markets go down. My home and entire life isnt riding on an investment. If I gain then great! If not… meh, it was fun.
I have cut this rule close soooo many times, sometimes it works and others I have been burned. The only constant in crypto is there will always be new blocks…
I personally had my best luck with trading when I only traded with mined coins. Keeps me from investing too much at once.
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Hi and welcome to the FTC forum.
