Hello,
I know that trading requires knowledge, but any tricks for newbies about when to buy or sell? For example, looking at the volume, looking at the queue for buying and selling and etc.
Sorry if my question is not a good question.
Thank you.
every investor or trader has their own strategy before making a purchase and I will provide some insight into this, but not financial advice.
first you have to determine which coin you are going to buy (better choose top 25 coinmarketcap) use the money you can afford to lose.
after that you just have to convince yourself to look at the highs and lows over several periods. if you think that has convinced you, you only need to buy and hold it until the price really reaches ATH.
it's actually quite easy to know when to buy when you've chosen the right coin eg bitcoin. bitcoin went from $60k down to $23k now, that is a lot cheaper than last year's bull season. so I suggest to choose the right coin for you to buy.
and from the statement above, I give a statement for the long term.