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So in this section and we're going to talk about trading crypto currencies and I'm going to explain

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to you the reason why more than 90 percent of the people lose their money when they are accessing stocks

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currencies and commodities and other things.

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I'm also going to show you why this might recommend this strategy especially for beginners.

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So basically there are three ways to trade and invest in crypto currencies.

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First property is so-called short term trading and it means that you are buying and selling cryptocurrency

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is within the short term.

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So let's say that you buy something on Monday the value goes up you sell it already on Tuesday.

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So you hold it for one day or one week or something short term.

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So you only take some gains and then you sell it.

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Other option is long term investing which means that you buy a cryptocurrency that you think is valuable

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based on the five steps that we have gone through.

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Then you hold for one year to year even five years and you go through the gains and also the dips and

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you go through all the way.

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That's long term investing.

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And the third option is of course doing both.

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You do with some cryptocurrency should do short term trading with some of them you do long term investing

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and now in this section of this course we are going to talk about this trading and in the next section

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we are going to talk about investing which is like long term trading crypto currencies.

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This is in my opinion what a good picture about cryptocurrency and Bitcoin traders what my friends think

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I'd do is calculating the price is what my mom thinks I do.

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Something say what I think I'd do I'm doing something like where to go investing strategies or how many

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screens and all the other stuff was my so say the things I'd do.

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It's just printing money making more money.

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What I really do is trust gambling and this is what many people let's say 95 percent of cryptocurrency

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traders what they are doing they are gambling with their money and Bremnes all of them have made profits

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recently because the cryptocurrency have gone up so fast so it's easier to make money when prices are

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going up.

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But it's much more Taliesyn when it starts going down.

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And this is another picture that shows pretty well how this market cycle psychology works.

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First of all there is some hope then optimist that believes trading is so easy.

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I would also add more to my initial position.

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So some guys who have traded crypto currencies let's say one or two months they made let's say $5000

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and say wow this is so easy.

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Now I'm going to take known or I'm going to put all the money into cryptocurrency.

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They have this these.

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Yes.

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I will tell my friends my two for a while.

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So that's why we are going to be rich.

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I should take a vacation.

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But then something starts happening.

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It's not going down.

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Why am I getting margin call denial.

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I'm to estimate it will come back for sure.

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Panic.

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I need to get out.

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Everyone is selling.

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And then an anger trading is not for me to market is against me and you sell.

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And then it starts to go up again and you are depressed.

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That's a loser.

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So by following my tips you can avoid these kind of things happening to you.

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Because this has happened to so many other people already in the trading world and it's so common it's

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so common that 90 percent of traders lose money and let's say 99 percent of those who they think that

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they are the best ones until this happens.

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It goes down and they think that's a loser eventually.

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So don't get excited when market is going up.

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Always make your research before we move on.

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I would like to show you a wonderful example about this kind of rating.

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You have probably heard of Konik insert Bitcoin it's been connect and it was a famous Ponzi scheme Ahrons

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cryptocurrency world and it went up when we first started it.

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We're a low price.

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Less than five million dollars market cap.

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But then it went to almost three billion dollars one bitcoin it call in cost more than $400 and people

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here were thinking when it was grown.

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Wow I know this came.

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I know this game that they were putting more and more and more and more with more money in and then

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suddenly people realize it's a Ponzi scheme they don't need to close their store.

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Regulators came and it went down and at the moment that connect is around 15 cents per one coin and

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it's going to zero market cap is less than one million dollars.

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And people have lost their money.

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So don't people like people who invested in the bitcoin next by following my tips.