The Cryptocurrency Trading Bible by Daniel Jeffries

in bitcoin •  8 years ago 

Daniel Jeffries added another great value to the cryptoworld y his new post on Hacker Noon:

The Cryptocurrency Trading Bible

Buddha of Wall Street telling you there is no secret ingredient and the best answer to the "How do you make money with cryptocurrencies?" question is "Carefully."

The Cryptocurrency Trading Bible

There is a reason why you can see the next disclaimer on every crypto-related site:

Only invest what you can afford to lose.

  1. start small
  2. decide your status: buy-and-holder or a trader
  3. Buy low, sell high.
  4. The market is always right. You are wrong.
  5. You win or lose. There is no in between.
  6. learn something every day for the rest of your life

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I would like to add 1 more ......Diversify (but only coins you have done some research on, not cause some youtuber/anyone tells you to)

I think the 1st point is not necessary. Nice post though!

@Scooter333 is right - diversify...and that last one is a gem "learn", as long as you learn you never lose 100% ;) I learned a lot in first 50 days in this cryptospace! :)

Could you take few minutes to review my ICO Review Series, the latest of which is about BitClave. I don't care for upvotes, just candid feedback. I know I put in lot of research/work behind these reviews and need candid feedback from those in this space.