Trading cryptocurrency is considered to be cutting-edge and is based on an assumption that doing that is something that is in alignment with a technology mindset as opposed to trading Grains or Meat. It was the same some years back with trading currencies in the Forex market.
Research has shown that trading cryptocurrencies is the same process of trading other financial markets. By learning technical analysis and studying market behavior it is possible to see on the charts the points where cryptos are likely to turn. If you study charts you can actually see how the patterns formed by Bitcoin is related and similar to chart patterns of the stock market and Forex currencies.
Just as it is in Forex companies selling information on trading cryptocurrencies attempt to dazzle people into believing that there is something hi-tech and different about trading crypto’s as opposed to trading other markets. Knowing the right places to enter and exit trades on cryptos is the same as used in other markets. Learn how to trade financial markets in general and don’t assume there is some reason why trading cryptos will earn you a living simply because it is cryptos. And if you can make money from trading the crypto market, is it better or different from trading the USD/JPY or GOLD? Not really much different, except that entry is much clearer in some markets.
Notice also that Bitcoin, Etherem, and Litecoin make very similar patterns and turn at the exact same time. Notice as well, that these turns correspond to similar turns in other markets including the S&P 500, Gold, and the U.S. Dollar index. You probably will never hear that mentioned in any Crypto community and yet you can verify it for yourself on the chart.
Just do your research well before you start any trading, and avoid any greed intent or FOMO and trust me, with time you will get the hang of the market.
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