**crpto red dip experience**

in cryptocurrency •  6 years ago  (edited)

The crpto market is on a year low and i just started trading on binance, what an experience for a new bie, yea really an experience trying to tread on a hot ground , where you can easily loose all your buks in one bit.
Any novice who can survive the red dip of 2018 will have the sky as his starting point , i have learnt ; don't fomo, fud . and irrational, don't also be greedy. all these are not easy to abide to as it sounds probably because it involves money. but abiding to these simple tenants can take you a long way.
As an economist i have really asked myself is trading profitable? a short answer is 'if it isn't no one will be doing it', so made some analysis my self and got some of these:
i) big funds big gain
ii) big fund big loss and the reverse for small funds.

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