Quote from: YOSHIE on Today at 01:31:59 PM

Quote from: Synchronice on September 14, 2024, 02:25:45 PM

-snip-

That's the concept of the crypto market. Prices are very fundamental, it's hard to predict, falls and rises can happen suddenly, let alone trading methods, For this reason, every one of us who wants to trade crypto must consider it wisely and also analyze it appropriately to be protected from losses.

The crypto market is a market that is difficult to predict, especially regarding prices, many people suggest learning more before carrying out activities in the crypto market, because everything can just happen without notice and no one knows, especially about prices, so be careful when doing anything with crypto, so as not to lose.

Prices can spike suddenly, but behind it all there must be a trigger. The same thing when the price moves down quickly, the trigger must be there and it is clear that the trader will not get a notification that the price will change in the following hours. Every trader certainly needs to observe price movements in the market, some trading indicators definitely help, so they must still observe it even though they can actually execute it automatically if there is a stop loss or take profit feature.

An initial warning for every trader is: crypto trading activity is a high risk activity. Make sure you consider all the consequences wisely and every decision you make must be based on your own will. At least that's the warning on almost all exchanges, which is obviously important for novice traders to understand.