I am writing about teaching my dad how to learn to trade crypto and about crypto in general....and many comments mention that they hope...my dad will be lucky and make profit.
Trading is not about luck people.
Trading has little to nothing to do with luck, it´s about understanding the basics, knowing where the world is headed and perseverance during hard times.
If you do your research, if you understand what the world needs/wants/likes, if you find a project that provides that....with a team that´s serious about it. You know the chances are high it will pay off eventually.... as long as there is value and utility in your pro
In addition, often people comment that you never know what direction the market is going. This is utter BS, to trade you have to understand and anticipate the market and that is possible, it´s even easy, especially looking at the broader picture over a longer period.
Of course, sometimes the market chooses the direction of Max Pain but even that can be anticipated. You can risk manage that as well.
And no my dad and I are no day traders, we just like to hobby around. But I have been making nice profits trading so far and I am learning and improving daily.
So if you think trading is about luck....good luck saying goodbye to your cash and next time go to the casino you might have more luck there.
BTW I guess that the below Meme is not done in times like these right?
My Dad Articles:
Teaching My Dad to Trade Crypto
Teaching my Dad What Crypto Coin to Buy
Free Crypto links
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For more details;
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Platforms where I Earn Crypto for my Content (Affiliate Links):
Torum - https://www.torum.com/signup?referral_code=bitcoinbaby
NoiseCash - https://noise.cash/u/BitcoinBaby
ReadCash - https://read.cash/r/BitcoinBaby
Hive - https://hiveonboard.com/?ref=whywhy
Peaked - https://peakd.com/register?ref=whywhy
Publish0x - https://www.publish0x.com?a=l9avg4xnbG
Exchanges where I trade Crypto (Affiliate Links):
BitVavo Exchange- European. Higher trading fees (0.25 %) & Great Customer Service - https://bitvavo.com/?a=C21A94C2FD
Kucoin Exchange - Hong Kong. Okay, trading fees (0.1 %) & Contains a lot of low cap gems. Customer Service takes time - https://www.kucoin.com/ucenter/signup?rcode=rJ821BX&lang=en_US&utm_source=friendInvite
Bitmart - Global (USA allowed) Low, trading fees if you use BMX (0.025 %) & Contains a wide variety of coins - https://www.bitmart.com/en?r=7XFCVy
Places where I do my Staking
Celsius. Celsius Network provides a platform of curated services with fair interest, zero fees, and lightning-quick transactions. You can store your crypto and get rewards or lend crypto with low fees. Celsius has been around since 2017 and stated to always have the best interest of the community in mind. My experience so far has been good although I will not stake all my crypto with them...NYKNYC