If you are a beginner trader, you are in the right place. I would like to present to you a strategy that helped me a lot when I was a beginner; which is to invest in 10 currencies so that you invest $ 15 for each currency in spot so that you store it until its prices rise so that you can benefit from the difference, although the storage must be long-term with the selection of currencies that may have a promising future.
But the problem here is that many often wonder how can I know whether a currency has a promising future or not. Well, here it is.
The reason many people lose in this field is their lack of knowledge of the things that move the market.
First. The news because the news is what determines the course of most currencies, for example, as soon as it was announced that Donald Trump had won the presidency of the United States, currency prices began to jump because he is a supporter of currencies and many other news.
Second. The currency project and what it supports. Does it support the blockchain system or artificial intelligence? Such currencies have a promising future, or that support games that support the in-game purchase feature such as PUBG and Alice and many others like these currencies.
Thirdly, the liquidity rate in the currency, which means the money invested in this currency and many other details, but the important thing is the news, then the news, then the currency project, and so on.