1. Setting Clear Goals Defining Your Trading Objectives When I started in the world of Bitcoin trading, one of the first things I learned was the importance of setting clear goals. It's like setting your…
How to Handle Bitcoin Trading Losses
Accepting the Losses Recognizing Reality One of the hardest pills to swallow in trading, especially with something as volatile as Bitcoin, is accepting that losses are part of the game. I remember my first significant…
Bitcoin Price Correlations with Other Assets
Hey there! Today, I want to dive into an intriguing topic that has been on many minds in the ever-evolving world of finance and cryptocurrencies. I'm talking about Bitcoin and how it correlates with other…
Bitcoin Trading: How to Use Leverage Safely
Understanding Leverage in Trading What is Leverage? So, let’s kick things off by talking about leverage itself. In the simplest terms, leverage allows you to control a larger position with a smaller amount of capital.…
Beginner Mistakes to Avoid in Bitcoin Trading
Not Doing Adequate Research Understanding the Basics When I first got into Bitcoin trading, I was all excitement and no research. There’s a ton of information out there, and the basics can be super overwhelming.…
Bitcoin Trading: Strategies for Smart Investing
Understanding Bitcoin and Blockchain Technology What is Bitcoin? Alright, so let’s kick things off with the basics. Bitcoin is a type of digital currency that’s not controlled by any central authority. This means it's decentralized.…