I've seen quite a lot of guides out there that literally sounds like fiction when getting down to the real deal.
Some referencing a long list of "to-dos" and "not to-dos" which are practically impossible. Other shares varieties of market indicators to monitor; mostly not doable too.
There's practically one that intrigues me - "stick to what works for you".
But that's not all. We'll still need to:
1. Choose an exchange with high liquidity.
2. Choose an exchange that is cost-effective in terms of trading fee.
Right now, we've got the likes of Binance, Bitget and Bybit flexing top muscles with competitive fees.
Which do you prefer?
When we do speak about top exchangers then it would really be that too obvious on where the community is really that preferring into and we could really be able to see with those rankings on which it is really just that depending on you on which platform or exchange you would really be trying out to deal on with. If you are really that trying out to maximize profits then you will be mindful about maker and takers fees but of course the difference in between exchange will really be just that minimal or really just that they would be the same. Therefore, it wouldnt be making some sense on trying out to differentiate into this regard plus the selection or choosing on what platform you would really be using into will be basing up on the availability of the coins/tokens that you will really be trading because there are some tokens or coins which are that available on those low rankings but not available on top ones. This is why you will really be making up some new registration into those platforms because you are really that trying to sell that coins you do have on your current stash.
Actually it is really just that needing up that common sense on where you should be sticking on which getting deal with top ranks or the most popular ones will really be that recommended or something that you do prefer.
We do have that sense of security in terms of assurance on dealing up with those top ones rather than on dealing up with those non popular. It will really be just that depending on you on which one you do choose.