Before buying any coin,study of ups and downs of the market is must. If we have the knowledge about all this we can easily find out which coins to buy.
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Before buying any coin,study of ups and downs of the market is must. If we have the knowledge about all this we can easily find out which coins to buy.
I am not good at technical analysis. I prefer long term investment.
Upper comment may be one way. But after selecting a broker you should ask him about his earnings. Bcoz some brokers are not having much benefits.
Lets say about real estate agent or brokers. From morning to evening they try to sell pieces of land and they tell you good things about that particular land. But most of them don't even have a single piece of land of their own.
It's pure gamble if you don't understand technical analysis. even if you trade for long term, it may happen that you stuck in same coin for two or three years.
So I'm not saying you to be specialist in technical analysis. But you should choose your broker wisely.
I recommend you to keep your strategy with long term investment, dont change your mind and play on exchanged because its not for everybody, even some players fail and doing trades daily its like a gamble when you have no clue.
I am also a long term investor, what i recommend you is to find a broker around you who does trades all day long, you can give him 10%-20% from your money and he will tell you and advice you what to do and how or when to sell or buy for a small commision. This is the only way if you want to trade daily or weekly.
But i prefer long term investment.
In fact I don't beleive in technical analysis. That's why I don't try to learn. I have a long term perspective like you.