you can't really know, because the volatility of cryptocurrency is sort of surprising, but there are few tips to do to avoid the minimum loss, just sell whenever you feel that you have made enough profit from investing in that single crpyto
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Definitely there are strategies to when to buy and when to sell, two main strategies trader use is the technical analysis and the fundamental analysis this strategies do fail also. So trsde with what you can afford to lose.Lately I've been thinking of why some short term traders make losses while trading Crypto currency. Some of them buy at the wrong time or they sell at the wrong time. This got me thinking, are their strategy or signal one can emplore in knowing the right time to buy and sell crypto?
Knowing where to buy and sell crypto currency, You need to be vigilant and study about how to read crypto currency chart that's how you will know when to buy and sell crypto currency.If you really want to know when to buy and sell one crypto currency, then you must learn how to read and interpret the market chart. It is almost the same as when you are interpreting forex chart. Similar strategy can be employed.
It is difficult for you to predict the right right time to buy because sometimes you can buy it at low price but it keep getting lower,how do we know that it is the right time to buy at the lowest point in cryptocurrency ?The golden rule of cryptocurrency trading hadn't Changed at all, it still remains that you should buy cryptocurrency when the price is quite low and you sell it off when the price has gone beyond your target, that way, you will get your targeted profits.