Trading is unpredictable, but the users who have good knowledge and were in close observation over the price moves of the different altcoins easily predict the pumping and dump of the coin and profit making the buying and selling at the right time period.
Yes with experience in trading and also the science of price analysis in the market share then can be the capital in making the right decision. A trader should be able to choose the right time to sell and buy a coin. Because then they can take advantage and success to be able to make trading as a work that makes a lot of money.
It's easy to analyze if you will only based on the graph you will see, it is important but what is more important is that you need
to be updated with the recent news of the project you are investing. This is a new driven market and if you have the news early you can
make a good decision that will generate profit on you.
Graph will be always there. But we have to understand that bitcoin price is based on speculation. It is driven by negative and positive news. If you would remember, people are predicting that bitcoin would crash before and after Aug 1. But the opposite happened, and maybe in just a couple of weeks $3000 will be touch. So decision should be based on the historical data but from the news surrounding the market. That's why you will see a lot of FUD waves, to spread negativity to influence others to sell their bitcoin so that they can buy it at a lower price.
Trading is unpredictable, but the users who have good knowledge and were in close observation over the price moves of the different altcoins easily predict the pumping and dump of the coin and profit making the buying and selling at the right time period.
Yes with experience in trading and also the science of price analysis in the market share then can be the capital in making the right decision. A trader should be able to choose the right time to sell and buy a coin. Because then they can take advantage and success to be able to make trading as a work that makes a lot of money.
Yeah, totally forgot about the timing as well. You need to have a lot of patience to watch how the market moves and make the right decision to gain huge profit. I think experience trading has what it takes to make the right decision why newbies are beginning to learn this strategy and might be lost along the way.