Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
Study the market and understand both the intrinsic and extrinsic factors that affect its price. Do some research about the market situation and adapt from your decision. Again, there is no ironclad rule that will absolutely make you a successful trader- it is all about adapting and deciding whether it is the best time to sell your cryptocurrencies for profit.
One last thing- avoid getting too greedy. I have personally witnessed some people who refused to sell despite profit due to their hope of reaching a desired price. The conclusion is- they lost majority of their resources due to the volatility of the price of cryptocurrencies.