Kingsley
Valued Contributor
Lately I've been thinking of why some short term traders make losses while trading Crypto currency. Some of them buy at the wrong time or they sell at the wrong time. This got me thinking, are their strategy or signal one can emplore in knowing the right time to buy and sell crypto?
I think one of the most accurate way to get a lot out of trading is to be able to read the chart patterns. Getting tocknow how to use indicators and oscillators and also respecting fibonacci levels and also factoring support and resistance. This are some of the tools used in analysing trades.
But the golden rule of cryptocurrency trading hadn't Changed at all, it still remains that you should buy cryptocurrency when the price is quite low and you sell it off when the price has gone beyond your target, that way, you will get your targeted profits.
What do you think?
I think one of the most accurate way to get a lot out of trading is to be able to read the chart patterns. Getting tocknow how to use indicators and oscillators and also respecting fibonacci levels and also factoring support and resistance. This are some of the tools used in analysing trades.
But the golden rule of cryptocurrency trading hadn't Changed at all, it still remains that you should buy cryptocurrency when the price is quite low and you sell it off when the price has gone beyond your target, that way, you will get your targeted profits.
What do you think?