Cryptocurrency trading tips
Good morning guys.
We have two type of traders, the short term trader and the long term trader. The short term trader looks at a good coin for instant gain, while a long term trader looks to buy into it for future gains which is more.
You may have bought a coin like bcn, ripple, e.t.c that has not yielded result, please give it time...I know of someone that bought ripple 3 years ago, he's cashing out presently despite the fact that ripple is not doing too good for short term.
Be it, long term or short term,please ensure u buy at d deepest dip, don't always buy at a dip at once. If a coin goes bearish at 700 SATs, buy some, watch it and set limit to buy deeper at maybe 600 sats , it may even go deeper than that, u keep buying till you're OK. that way, you will make profit as the coin gets bullish.
So if u av the time to trade everyday, be a good and calculative short term trader. If otherwise, learn to buy for long term, give it time to yield then make huge gains.