You should know few simple rules in crypto trading;
1. Never buy any coin when they are pumping hard and are in peak price
2. Never sell your coins when market is dumping hard.
Hi sir and ma'am I am a newbie here..Is there any Best period or day to buy/trade altcoins?..as of now altcoins goes down..
This is buy time when all cryptos are in bloodbath however now price is recovering very fast.
Nah this is the best answer so far,
as a trader don't ever let your emotion take control because if you let it,he will devour all of your money into dust and here's the reason for both of them :
1.Never buy any coin when they are pumping hard and are in peak price
Reason : Because the whale pushing the price for greater profit,many times we can see such a thing happened because they're accumulating more coin
when the prices falling or sideway for quite time and when they pump it,it would be 2x~10x from average buy/sell.If you see an altcoin pumped from
2x~10x average buy/sale that mean the whales want to get out of the ship (get out from that coin).
2.Never sell your coins when market is dumping hard.
Reason : the whales want to surpress the price until he fills his bag,if they can monopolize it,they can push it harder.if you see an altcoin that have been
surpressed into the corner and keep strugling likely he will get pumped soon
