Quote from: taufik123 on March 25, 2024, 10:49:41 PM

It's good to study and analyze the coin you want to invest.
I always do that to find out how good the coin is for the long term, but if you invest in Bitcoin or ETH, it no longer requires detailed analysis,
just knowing when to buy and when to exit with a profit.

Those who do not know anything about how to do trading strategies, management, of course they will not know what to do after buying and holding.
In the end, it will only panic when the price drops from the initial purchase limit.

source: http://www.binance.com

For trading in altcoin exactly with new coins requirement more researching and analyzing except investing in bitcoin or ethereum during not entry on the most higher price moment. Usually the new trade excited invest with some altcoin have grow up significant percentage and lack researching before keep worth or not to buy some coins break out most higher price.

Before entering the world of trading in cryptocurrency, there are many things you need to pay attention to, starting from analyzing the coins you want to buy and still being able to control your emotions so as not to panic sell when the price undergoes correction. Most important have to memorize keep prefer taking profit first when coins investment have reached higher price and earn much profitable.