5 Keys to Success in Trending Bitcoin

The main key to success in Crypto Trading is not only determined by how great the system is used. How great is the system if we cannot manage our finances in the Crypto world then in the end we will only be losers.

Vice versa, even though the trading system is simple but if we are disciplined in managing finances we will be the winners who hold success.

The purpose of managing this finance is so that we can benefit and stay afloat even if we suffer losses. For example if we experience a loss, with us managing good finances, in the end we will come out as winners.

1. Determine Risk Capital

Prepare a number of funds that you do not use or funds that if the capital is lost you will not mind. But that does not mean that in this Crypto Trading you will experience defeat, but it would be better for us to always prepare security so as not to interfere with finances in the household.
For example, if you have a capital of 1 million, then use that capital as the beginning, if even the capital is lost in the sense of loss then you will not mind.

2. Every Trading Margin

Determine how much margin capital you will trade on each coin. For example if your capital is 1 million then you will buy each coin with 10% margarine then you can only trade 100rb on each coin.

3. Trading together

Determine how many trading positions you will do at the same time. Even though this will quickly increase your profit, this will also increase your risk. For example, if you buy 3 coin coins at the same time then you will only trade again after 1 coin has gained profits or losses.

4. Financial Ratios

Determine how much profit and loss ratio you want in each trade. For example, if you buy coins at a price of 100 thousand, if the profit you want is 10% then you will sell when the coin is worth 110rb. Likewise, if you expect a loss of 10%, then you will sell it when the price reaches 90bb. Despite the loss, this method is a safe way to manage losses in Crypto Trading.

5. Defeat per day

Determine how many defeats you can afford every day. For example if you prepare 100rb of funds and the defeat that you can afford is 40% every day, then you have to stop on that day if your defeat has reached you 40rb and continue again the next day in hopes of recovering capital or exceeding capital.

Those are some ways to manage our finances when trading Crypto. If we can manage finances in all things well then in the end we will become successful.

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