Please is there any experienced trader here, I just registered in Kraken as a trader and I need a Mentor that I can Follow Here. The little advice can help me get over some simple but common mistakes that newbies make in a trading platform.
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Put you money on coins that are cheap than after few money they will pay off
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Thank you My Guru
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The best insight I can offer is to manage your capital investment risk with great care. Have short-term strategies run along side long-term strategies and don't let emotions pull you away from well thought out trades.
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Your advice are supper, but can you get it lower to my level so I can understand am a newbie in crypto trade. A developer but not a trader.
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Okay. Decide how long you want each investment to be. All investments are not made for the same reason, time period or return. Make sure you decide that BEFORE to make any trade and have a good reason you decided to do it that way and then stick to it. Don't let the movement of the investment scare you to change your plan if it based simply on emotion. Set an expectation as to what you can tolerate for losses and GAINS. And stick to them.
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