Well, the truth is that, it's not an interesting idea for someone to invest into any form of cryptocurrency trading without knowing much about the market or the coin.
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Most investors do make this mistake. I've done it severally. It's easy to get swept away in the excitement and euphoria that comes with pumps in cryptocurrency.Well, the truth is that, it's not an interesting idea for someone to invest into any form of cryptocurrency trading without knowing much about the market or the coin.
That is a fact,because at the end of the day it all boils down to the priority of the person involved,i personally have not been able to properlly study the chart to know how it really works,because i only buy for future appriciation.Knowing technical analysis in the crypto currency exchange Business depends on the fact if you are going to be a trade or an investor. If you are an investor, you need news more but as a trader you need chart more.
That would be a wrong approach in investing because even ethereum and Bitcoin do fall in price and if you enter the Market at the wrong time you might end up losing some or all of your initial investment capital.No need to scratch your head in understanding the chart in order to make investment in crypto currency. Just go with ethereum and bitcoin and you will never regret your decision.