Hello,
I kwow it is profitable to buy when the price is low and sell when the price is high.
What I see in the currency exchange I am trading on are 24 hr percentages.
Sometimes the percentages show a 'minus' -, and sometimes they show a 'plus' +.
Is it a goog idea (when you think in terms of profit) to buy a coin when the percentage shows for example -5% and then sell when the percentage shows +5%?
Thanks
This persentage on the exchanges shows 24h price moving, so if you don't analyze the whole chart, you can buy at very high price. First you shuld see the whole picture to understand where is the real deep low, and then yes, I can think this method may work. But if it was so simple everyone would be a trader I think))) Read books, follow news about crypto - it helps a lot to understand the market moves.