Are you eager to dive into the world of trading with BitsTurtle? Before you jumping in headfirst, we want to offer some friendly advice to ensure you make the most of your experience.
Adding significant funds to your account without a good understanding of our strategy can be risky. Instead, we encourage you to follow our recommended steps and gain proficiency with our signals and strategy over a period of at least three months.
1: Getting Familiar with BitsTurtle’s Tools
To make the most of your trading journey with BitsTurtle, it’s essential to become well-acquainted with our tools. Take the time to learn and utilize the BitsTurtle Take Profit and Entry Calculator, as it will greatly assist you in making informed decisions. Familiarize yourself with editing take profit when a new entry is made, adding new entries when necessary, and adding funds to your account when required.
2: Experience Different Market Conditions
While Crypto trading market conditions can vary greatly, and having experience with the BitsTurtle strategy across different scenarios is invaluable. We suggest starting with small funds, allowing you to learn the art of patience and waiting for the market to correct itself. By observing how the strategy performs in different market conditions, you’ll gain a deeper understanding of its strengths and weaknesses.
3: Gradually Increase Funds, But Don’t Overcommit
Once you’ve gained sufficient experience and confidence in our strategy, you may consider gradually increasing your funds. However, it’s crucial not to invest more than you can afford to risk. Remember, trading involves uncertainties, and it’s always wise to exercise caution. Start small and increase your funds gradually as you become more comfortable with the strategy.
4: Profit Withdrawal and Compounding
To ensure a balanced approach to wealth accumulation, we recommend a profit withdrawal strategy. Every month, withdraw 40% of your profits from your wallet and keep them safe from trading. This allows you to secure a portion of your gains and enjoy the fruits of your trading success. The remaining 60% can be reinvested for compounding purposes, amplifying your potential returns over time.
Learn more about the power of compounding with BitsTurtle.
