Guys, I am rather new to trading. Initially when I did get into crypto currencies my idea was to select a few coins and HODL until their value appreciated and maybe cash out some tokens whenever i am in need of money. Little did I know I was in for a big surprise few months into crypto currencies the market was so volatile.
However from what I noticed was if a trader, learnt to sell off in the high and then when the market inevitably pulls back we could secure ourselves a much higher position in the same tokens or different but for this to be done we need to be pretty good in our TA i guess and I am now very determined to explore this side. Can anyone please advise me how I should get started, some recommendations of what to read, what to watch and also the risk associated with what I plan to do.
Thanks so much.
Well Technical Analysis doesnt work everytime as this is just like speculative idea..but if you are a true fanatic of cryptocurrency and believe in this future.ythen you dont have to doubt about today because what we need is tomorrow,the future cryptocurrency might brings to us.
Exactly, why do we have to bother on when do bearishness end and bullish run appear. In fact, we have to focus from the current situation in the market field, as we believe the capacity of market cap to surpass this kind of high volatility. Well market volatility usually drown in the crypto world, so we must be aware in this kind of situation and take advantage on dealing with the circumstances.