when someone has knowledge in every field, especially in the field of cryptoqurency, of course that person can succeed. whatever the conditions they can survive the abilities they have. I was recently in the cryptoqurency world, but I still have a lot to learn about crypto. but I have high determination and keep thinking about how to survive here.
if we only rely on the sweetness of the words there is no change at all, we must dare to make a decision even though it is the worst possible!
I have invested in several altcoins when prices are low and also while waiting for the market to improve. to be honest I don't have high skills in the trade sector but have confidence that we can do this, besides that I want to learn from your experience too and then I will do further research if I feel that is true.
then what strategy do you do in trading?
crypto market is very volatile and extremely unpredictable, more for its anonymous nature. You cannot do fundamental analysis like you do for forex, because the chances are very low that we know when there will be a huge buy or sell. Even though this is the case, trading can be very rewarding if you stay away from day trading and focus on investing long term. As many other users suggested, buy when you think the market have hit a low - you can do simple technical analysis and find support and resistance - it won't give you a perfect picture but still you can find the past mindset of traders with these tools and speculate. good luck!