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Determine the Plan and Goal. Many new traders are confused in trading Bitcoin, collecting Bitcoin or getting profits, so all traders of any goods do not aim to collect goods /Bitcoin, but they all want to make profit, ie the sale is reduced by the purchase price and costs equal to profit or loss. So our goal in trading is to get flat money (EUR, USD, YEN etc, or stable coin) Market Prices Tend To Rise This is the easiest market condition to trade, because the price of Bitcoin will continue to rise. For example the price of Bitcoin at 6 am $ 7000, in the afternoon it has gone up $ 7300 tomorrow to $ 7500 and the day after tomorrow to $ 800. So you just buy Bitcoin at any price and sell it tomorrow at a higher price. But remember, you must stop buying Bitcoin when the market price increase is saturated or stop and the price will go back down. Market Prices Tend To Decline/Go Down Like the current market price, falling continuously, from August the price of Bitcoin reached a peak of $ 11,970 and continues to fall today, reaching $ 6,830. Of course if conditions like this are new traders must be afraid to sell Bitcoin because they worry the price will rise again. But not for speculators he dares to sell Bitcoin when prices are cheap, for example $ 6,830. then he waits for the price to drop to its lowest point (only approximate), for example a week later the price of Bitcoin becomes $ 4000. If he buys Bitcoin with USD $ 6,830 then he will get 1.7075 BTC. Feel free to share your opinion and experience and getting more knowledge.

1- The successful trader must determine the percentage of risk and possible loss before setting the profit target for each trade, because losing 5% needs a profit of 5.3% only to compensate for it. As for the loss of 90% of the price of the cryptocurrency, it requires an increase of 900% to compensate for this loss. Therefore it is advisable to calculate the risk before any trade. 2- It is important not to get attached to hope when the market goes down and to hang on to losing deals, especially when not following capital management and restricting the stop loss, so when relating to deals, if you are convinced of the currency you entered and its future, strengthen your entry and change your position to compensate for losses in the first rise of the currency 3- Do not enter deals in random currencies or trade in bad platforms, perhaps your management was correct and your currency analysis is good, but the failure of the currency or the lack of sufficient volume will lead you to loss 4- Never enter into a currency, no matter how good it is and is expected to increase by a large amount from your wallet, always choose a certain percentage to enter trades that have a minimum and higher than the size of your wallet 5- Always keep a part of your money in the wallet frozen in fixed currencies such as USDT, first to seize sudden opportunities and most importantly to consolidate your deals in extreme cases.