If you have a small capital to invest, it is not worth diversifying, only do this if your strategy is long-term.
If you want faster gains, do the following.
1- Choose a strong currency that has grown: -In the last year -In the last 90 days -In the last 30 days -In the last 7 days
For example: #ADA #XRP
Invest all your capital in just 1 currency and follow the market.
If the currency continues to rise, you can make up to 300% profit.
If it falls, and if you are following the market daily, you can leave with a profit.
If it does not fall, and you make a 100% profit, invest the profit in another currency. If you make a 200% profit, invest the profit in 2 currencies. And so on.
Diversifying when the investment is small is a long-term strategy.
For the short term, it is more laborious and less profitable.
Any Italian who can teach me the basics of trading and how to understand the graphs?? Unfortunately it's free also because to start I only have a few pennies to invest but I really want to learn.. I know that no one does anything for free but, I could use a hand.
Solana's price has fallen 20% this week, dropping to a market cap of $102B. This comes as part of a wider crypto sell-off affecting coins like Ethereum and meme coins. However, some analysts are still bullish on Solana, predicting it could rise to $500 based on a bullish chart pattern. Another expert sees the potential for a jump to $600. Solana’s strong fundamentals, including $660M in fees and leadership in decentralized exchanges, make many believe it could bounce back. Will it rise again? 👇 $SOL $ETH