An investment of $25,000 to $50,000 in trading capital is a realistic amount for a full-time trader to support the different expected standards of living. Surely not every trader put that amount of money at the beginning, for those traders with experiences less than 3 months, it’s reasonable to invest $1,000 to $5,000 to learn the tactics and bear acceptable losses at the same time.Your investments can be divided into two types, one is that you can afford to lose and the other is you can’t afford to lose. Investment with higher ROI can eat up 20% of your investment yesterday and earn 35% today, or tomorrow. If losing the investment funds can get you risks to pay the bills for living in a month, control it to a level that you can accept.
Bitcoin trading seems so profitable but there’re also risks lying underneath the ticker. How to test to see if you’re prepared? Is there any tool to train yourself to be a skillful trader?
Losing an investment will hurt you for a while and every successful trader have a long list of loss records. The suitable trading signal can happen right away just one minute after your loss, those who feel angry and confused will miss the good trading signals and fall to bad signals. As “Jack2crypto” (a
This question distinguishes those who make their profits by luck and those who reach their goals by themselves. There’s a learning curve to learn something new, for bitcoin futures trading, it takes you only 10 minutes to understand the mechanism but it can take a few days to build your principles and strategies after attempts of real trading.
Some crypto exchanges are designed for professional traders only and provide tons of features that are not all necessary for a beginner.
Not every futures exchange provides a simulation account because they expect the users to have some knowledge ready and don’t even offer a chance to test the platform for free. After registration, every Bexplus user will have a demo account to simulate the real trading environment and strategy with 10 BTC inside. Surely the practice can not be withdrawn but you don’t need to pay for it.
Author : Collin Brown