What tools do you use while you trade?
By this I mean are you using coinmarketcap or something else? Do you draw those lines and functions in hope to predict the moment of prices? Or you are simply one of those news hunters and buy when there's good news and simply dump coin later? Do you look and read in depth about the coin or you simply buy it based on surface information because you know others are looking at the surfice?
Hope I will get good quality answers.
Don't spam pls if you don't have anything clever to say, thanks.
I follow coin market cap very closely for coin prices and for market caps. I also scour YouTube for videos than analyze various coins. There are some people that show how they chart the price of cryptocurrencies. You have to be careful though because some of them seem to know what they are talking about and others dont. There are also so many different coins out there right now that its hard to choose what to invest in.
I was watching YouTube but I don't know shall I trust those guys, I guess many people take their advises there which is why it should be on my list just to make sure. But for instance I was looking into investing into this btconnect because some YouTuber with good amount of people following him, so I thought it was good, yet I hear they did exit scam which is great since I haven't invested in it. But want to point out that those YouTube guys could easily advertise things they own so they profit at end. It's a scary game that is being played.
Anyway I started looking at charts at trading view, hopefully those guys know what are they doing.