Quote from: Nrcewker on September 25, 2023, 04:43:50 PM

Quote from: coinfunda on September 24, 2023, 10:34:21 AM

everyone on twitter, insta reel and youtube is making prediction related to different cryptos based on chart lines. Do you still believe these chart reading?

Yes chart reading is really important part for trading. If you do proper chart reading, then it will help you to understand the market better. And as you understand the market better, so it will help you to get more profits in the longer run. Now regarding the social media channels you have mentioned in the OP, then I cannot guarantee how accurate readings these people are giving at a particular time about the market. Learn to analyse the chart and it will help you to make less losses.

It's not easy to find those type of places and be sure that they would all work, obviously they may not work. However, if you are careful about what you are doing then you should be able to make a profit better, and one of the ways to do that for example would be buying when it's bottomed out like right now, and wait until the big bull run to make it a lot higher.

Chart reading is a great example of this, if you want to make a profit it's better if you end up with something that could profit you a lot, and should be considered a good job if you are careful about it as well. I get that it may not be all so simple, but it could be possible if you could learn how to do that all by yourself and not look at others to see what you should do.