You're new to the world of crypto and boy are you confused. You're trying to keep up with everything, with every news, every strategy, but you end up getting more confused to the point of frustration.
Let me help. The first thing you need to put into consideration as a crypto trader is the type of trader you are.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
Practice with them, be consistent. You'll find what you're looking for.
To help newbies out there, comment what type of trader you are and why?
Imagine been a technical trader and after so much good analysis on your chart and you see everything all good and placed a trade then boom a news pops up that affects your trade because you are not a fundamental trader you feel it's a slight retracement and them boom again a long candle stick takes you off your trade or the direct opposite happens. Having both knowledge as a trader makes you ready for what ever surprise the market can present and also keeps your trade in check on when to take profit and zoom off the marketLet me help. The first thing you need to put into consideration as a crypto trader is the type of trader you are.
Fundamental trading basically as to do with making your trading decisions based on the news releases concerning crypto.
Technical trading is essentially making your trading decisions using the charts, chart patterns, tools, indicator and some trading systems.
How do you know which one you are?
Practice with them, be consistent. You'll find what you're looking for.
To help newbies out there, comment what type of trader you are and why?