Increased adoption of crypto has given way to more investors and traders trooping into the space to explore the vast opportunities. While crypto trading may be lucrative, only a few section of traders record significant profit consistently, largely because of the ambiguous nature of analysing charts and keeping tabs on cryptocurrencies.
I have seen somewhere that to make your analysis in trading simpler, seek to identify a simple indicator to look out for each time you want to make analysis so that the analysis process before trading does not becoming too difficult or confusing.
In recent times we’ve seen traders opt for different trading tools and bots to raise their efficiencies and maximise their profits, but are they really effective compared to self-trading?
Trading tools and bots can improve your efficiency after you have had a very good knowledge of self-trading. But if you do not know enough yet, and just want to depend on bots and tools, bad trading decisions can still be made, losses also can still be made.