The number one thing to do in investments is to be patient. Making an investment in crypto currency we need to study the market very well before we go for any investment so that we will not loss our money
Nice tips here. Sadly there has been many people who rush into cryptocurrency investment without knowing the basis that they should know about cryptocurrency
Getting to know some coins that have a high prospect of rising high in the market seems to be a difficult task. Although I am not well-grounded in the crypto world, I have learned to be patient when trading binary.
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It is not easy when we see our coins drop in value. Most times we feel the best thing to do is to sell them before they completely lose value. That is our emotions talking. A good trader will not allow his emotions to cloud his judgment
I don't know what rules you guys follow while investing in crypto currencies, however, I have simple strategy that is investing in high performing coins like Bitcoin and Ethereum and holding coins for a long term
The Last part about any good news means rise in value and any Bad news means the downfall of the value...i discovered that this doesn't work recently after the bearish run... did you noticed that?
Crypto currency are volatile. The value of cryptocurrency goes through extreme ups and downs. There are lots of unknowns. Crypto currency can be used for fraudulent activity. Crypto currency have an unproven rate of return.
It is really not about following any rules at all but how knowledgeable you are before you can be able to determine what rules to follow , or the ones that you are not to follow at all .
If you want to invest and be successful in cryptocurrency then it is very important that you should know how you can also be able to watch news because they are one of the biggest determinant of the price of cryptocurrency.
One of the rules that is going to help you to save your money in cryptocurrency is to never buy a coin after it has already moved up. This is because at the end of the day you are just going to be used as exit liquidity.