Actually in order to make profit in altcoin trading, you have to swim against the current trend - buy when everyone is selling and sell when everyone is buying.
I hear about this strategy especially when I was in forex trading. But I really could not understand how to do this and what will be the effectiveness of this strategy?
When everyone is buying if we sell then we need to wait for long time in order to prices to come down and same thing applies when we sell when everyone is buying. What is the implicit meaning of this strategy, I really could not understand.
we just needed to play and learn, study deeper and make this certain rules that needed to apply most of the coin have its own ann page here so we can see if progress has been done and if when we place our entry and exit point. the more we understand that the more edge we have to earn profits.