Even with all the knowledge in the world on cryptocurrency trading, it does not guarantee that you will not make some profits from your trade and losses as well because the situation of the market especially currently, it's not predictable at all.
Thanks for your suggestion and comment @Seno inyang, indeed at the beginning in the graphs is observed something complex, however after spending time it is easier to understand. I also understand the importance of this skill, for better results in cryptocurrency trading.
That's exactly what I mean @Heatman, currently there is a lot of crypto instability and anything can happen. Of course it is "likely" to get better results with knowledge.
This is exactly what other members have commented @Suba, however others recommend that it is necessary for both long and short term investment. In the end I have been learning some small details from the charts.
That is so true. For most longterm holders of crypto, all you need to do is to check the prices. The daily traders are the ones who have to learn how to study the graphs well.
I assume that when reference is made to movement, it relates to charts, and hence derives its importance. In it, you can see the proper orientation and therefore make the decision whether to invest or wait for a better time.
It is advice that I value, as other members have recommended it to me. For now I have stabilized and overcome the investment I made at one point, for now I have to learn more in order to benefit from the exchange.
In fact, it is already very clear to me that I must go deeper and learn more and more about graphics every day. At the beginning I thought it was not so important, but nowadays, I think differently thanks to the advice given to me by those who have more experience than me.
Very interesting your contribution, as it is correct to implement changes when necessary, since after the comments of the members, I understand the importance, but after having taken a decision, changes may occur at the last minute.
At the beginning of the publication of the topic, I received several recommendations. Among these are that of investment where it is not necessary to have deep knowledge and trading which is indispensable, and today I have already advanced a lot in terms of graphics.
It is correct that if you do not know the charts clearly, you may have regrets, it is better to know the details of the charts in order to make the right decisions in cryptocurrencies.
You better understand everything clearly before going into it. It is very important to read and understand them,not understanding them is just like speaking to a deaf man he will definitely not understand anything.
I dont really know much about reading chart to study and understand crypto currency coin before investing , I just banked on the little knowledge i have about crypto currency and just invest.