Quote from: SubZer0 on October 04, 2018, 02:39:36 PM

Now when people first get into cryptocurrency they tend to buy and hold. But one thing they don't understand is buy and hold us great for long term profits but in the short term your earning nothing. By day trading or swing trading you can maximize your profits on down trends and uptrends. Although this may seem intimidating to many people who have never looked and a candlestick chart before it's not that complicated.
Now this may seem obvious to Many but it's really not much more complicated than the the term "BUY LOW-SELL HIGH". If you look at a candle stick chart and you realize a downtrend in a certain period of time and you predict that it will go back up than BUY LOW. Keep watching it till it goes up and SELL HIGH. One thing to remember is sometimes you have to cut your loss so setting a stop loss can be a good tule to use.

It is good that you want to start trading. Hope that you have gotten experience and knowledge about crypto trading before jumping into it. Crypto trading is very technical field and you must prepare yourself for good and effective trading to avoid big losses. Dont make early and immediate decisions of selling or buying and make sure that it is good decision and the time is also the best.