Investments in Cryptomoney are Profitable
Social Networks have been part of our daily lives for some time now, and in one way or another people have found themselves in the urgent need to be part of the technological evolution, it is a new way to generate income. If you see it as something serious you can see how very productive it can be. No matter how old you are, you can adapt to this new mode. To change our mentality is what we have left, to take away the paradigm that to earn our daily bread we must work hard with the sweat of our brow, new horizons appeared that we must be willing to investigate, that gives us flexibility, remuneration on a large scale and in less time.
As I have already entered this Steemit community, I have found that there is another new way to earn extra money, so my mind is now open to this world. On one occasion my brother tells me that he is trading, I was struck by the term for the little I could understand him, so I started to investigate more about cryptomoney and investments, according to Wikipedia Español, Trading is:
In the securities markets, trading (in Spanish, stock exchange trading) is a profession that consists of the study of markets through technical analysis and fundamental analysis to invest in different financial instruments with the aim of obtaining a profit. Trading is mainly based on technical analysis, fundamental analysis and the application of a specific trading strategy.
Traders are known as traders, who can work independently, in an investment fund, bank or other financial institution.1 Traders are classified into scalpers, daytraders and swingtraders depending on the duration of their trades, whether intraday, intra-weekly or intramonthly.
After reading this definition, I was interested in what I read and wanted to go deeper into the topic of trading in the financial markets, I started watching videos of people who already had results like Jeremias, these videos served as a guide for me and I found out how to get started, I registered at https://es.tradingview.com which is a platform where you can perform your technical analysis through a series of tools such as graphs, in which you can see in real time how each of the cryptom currencies in which you want to invest are quoted. I loved this world because I was always attracted to the world of the stock market, feeling the adrenaline of trading in the financial field is fascinating. It is having action in your investments, are active investments where you must have education to make it as close to perfection.
The development of global technology has allowed anyone to access trading and feel the expectations of short and long term investments. Just remember that to trade you must read, research, practice in this new area because your capital will be at stake, the advantage that exists is that this information is at hand on the Internet. If you want to be a professional trader, prepare yourself well, while you are getting experience be cautious when making a transaction, remember that to be an expert requires practice and research. The person who is interested in trading should assess his or her risks and take the time to learn about the most relevant trading principles.
In my experience I have seen that there are two (2) rules we can use when investing:
1- Buy when the kryptonite is low and sell it for a higher amount.
2- If there is a rising kryptonite, buy it at the amount it is currently in and then sell it at a higher amount.
There are two (2) techniques depending on the time frame in which they are performed:
Long term: You buy the cryptomoney at the lowest or current amount and keep it for a certain time (days, months or years), then sell it at a higher amount. This is called _Swing Trading**_ this technique is very smooth without haste.
In the short term:** You buy the cryptom coins and sell them in a very short time, be it minutes or hours, in order to obtain profits quickly and easily in the same day. They call this technique Scalping.
The Scalping caught up with me because I can make a profit in a short time and it's more exciting, if you want to get started you must sign up for a cryptomatrix exchange, it can be Bittrex or Binance here are the links
https://www.binance.com/
https://bittrex.com/account/login
Binance and Bittrex are exchange of cryptomes, these online platforms are where you can buy and sell cryptomes, i.e. you can exchange one currency for another. These exchanges act as intermediaries and charge a fee for the service. The one I use most is Binance because of the amount of currencies it has, there I can visualize in a graph the behavior of the currency in the market in real time and make the immediate purchase and sale. You can search for their characteristics and select which one you like best.
As I had mentioned to you about the 2 techniques I liked the short term one which is the scalping, you get the benefits faster, the only thing is that it is more stressful, because it requires technique, analysis, concentration and speed in execution, this technique is more demanding because you need to be in front of the screen during the transaction process and know the right time when to buy and when to sell.
You want to know my results, because I tell you that despite having little time and little capital, the results have been very good because I have been able to increase my investment daily. I only recommend something, if you want to get into this world, investigate a lot and continue to educate yourself continuously, at first you will stumble, maybe even lose because of your inexperience, but with the same practice you will improve, mistakes will teach you to be more cautious, you will learn more and more every day, which will give you the security to invest.
I hope this post has served those people who are doubtful or incredulous about this world, do not be afraid, dare to experiment in the world of cryptomonedas. Successes!
