When opening positions in the crypto market, you need to follow clear rules. How to find patterns and what tools to use?Investments. Buying in equal parts The easiest way to start investing in #crypto is a long-term accumulation of tokens with regular purchases in equal parts. You need to invest a fixed amount in $BTC (or another cryptocurrency) every month.The advantage of this strategy is that you can buy the asset regardless of the market situation. If the price of the cryptocurrency starts to fall, then subsequent purchases at a lower cost can average the entry point.This strategy works for those investors who have a long-term vision for the growth of the asset, - said the CEO of the financial company Newcent.Trend TradingAsset prices always move according to a trend, which can be either upward (#bullish trend) or downward (#bearish trend). A trader can open positions in the direction of the trend, i.e. buy when the trend is up and sell when the trend is down.The most difficult moment for novice traders is to determine the trend, for this purpose it is necessary at least to determine the key local minimums and maximums - experts say.For an uptrend, each next point should be higher than the previous one, and for a downtrend, the local highs and lows should be lower than the previous ones. Then we can safely talk about the presence of a trend - says the expertTrend changeThis method is more complex and requires basic knowledge in technical analysis. Trend reversal can be used to open new trades, but the difficulty of this strategy is to correctly identify the possible reversal. For this purpose - Bestchange Senior Analyst Nikita Zuborev recommends using several indicators.The first tools are moving average (MA - Moving Average) and exponential moving average (EMA - Exponential Moving Average). According to the analyst, these indicators determine the current trend by the previous values.There is a high probability that the price will sharply change the local trend when approaching this line, and the larger the "timeframe" (time interval enclosed in one candle on the chart), the more significant the resistance at these levels, the analyst added.The next tool is the Relative Strength Index (RSI), which shows the strength of the current trend. Bestchange Senior Analyst says that the main signals are crossing lines with overbought and oversold zones, i.e. values close to the upper (100) or lower (0) boundary. The closer the RSI line is to 0, the more the downtrend is weakening, and the closer it is to 100, the less upward strength the price has, Zuborev added.One of the most common among beginner traders is the MACD moving average convergence/divergence indicator, said Ivan Petukhovsky, co-founder of EXMO crypto exchange. According to him, the main thing you need to know about this indicator is that it tells you where the market is likely to go next.To correctly recognize the convergence/divergence of moving averages you need to open two lines on the chart of a trading pair - the signal line and the MACD line, Petukhovsky explained. When MACD crosses the signal line from below, a bullish crossover is formed, and when from above, a bearish crossover is formed, emphasized the co-founder of EXMO crypto exchange.That is, when the MACD line turns out to be higher - it is a signal of an uptrend, when below - a downtrend. The indicator is very simple, quite visual, uncluttered with unnecessary data, the expert added.

Why trading signals will not make you rich? A lot of beginner traders buy paid signals and access, this is when some experienced trader tells you when to buy and when to sell something, you just pay him and you don't have to learn technical analysis, risk management, work with charts, you can just pay the trader and do what he says and that's it. It's as simple as that and it's like you're on the plus and you earn. The expert makes money on your illusions of easy money. There is always a demand for it. If you google paid crypto trading signals, you can see entire ratings and lists of paid channels. Choose what you like #crypto and forex and #stocks , there are sellers of easy money in any #market for every taste.But there is one problem, remember, signalers are never responsible for their signals, if the signal worked, everything is fine. He is good, he publishes beautiful pictures of a rich life, that here we are earning in this closed group, subscribe to us, everyone says thank you, thank him, but if the signal did not work, it is your problem, your losses and no responsibility signaler will not take. Some signalers as I know even take money in trust management, when you give your money to a trader, and he trades on it. If you make a profit, you share it in half, but the losses are all yours, because the main thing for such a signaler is to sell his #subscription , he does not care about your deposit, even if you get drained.Why is it so and who to trust then?Let's look at the mechanics of the signal channel market in general. Usually, paid groups flourish in a growing #bullmarket . When the whole market, all coins are growing, traders publish their forecasts that there will be growth and there really is growth, you begin to trust such an expert, but it happens not because the expert is so smart, but simply because the market is good and any beginner can start his own channel, write that there will be growth and there really is growth. YouTube channels are created, reviews are made, charts are posted, a critical mass of subscribers is gained, advertising is bought from other channels, more subscribers come and as a result a VIP channel is created where the expert supposedly publishes trades only for his subscribers, the best signals. But the market changes, it starts to fall, difficult trading, nothing grows, the market is hard and it is better not to trade at all. It often happens when it is better to just leave the market, take the profit and do not risk your money, but the signaler cannot stop, because he has to give you signals. You will not buy a subscription where there was not a single signal for a month or for two months, although it would be better not to trade at all. And it gives signals further, the signals do not work well. And since the owner of paid channels is usually a beginner, the signals are very bad. And then false hopes begin, when some signal does not work and you buy an altcoin, which goes down 30-70%, and your signaler tells you that it's okay and the project is good, the fundamentals are strong and that it will grow anyway, you just have to wait. This is a typical song of signalers, you are sitting in minus and they just sell you false hopes, and as a result, the audience of the paid signal channel sits with a lot of altcoins, without money in the middle of a bear market and in minus by 70-90% and it is unclear what to do next, and the signaler continues to give signals, he must earn further, and can make a discount on the subscription.Who are these signalers?You see, signalers are not professional scammers, they are usually beginners like their subscribers, they are just more confident in their abilities and decided that they understood the market. I have never taken and do not take money in trust management and I do not recommend it to anyone, if you are a smart trader or investor, you can earn this money quietly and you do not need other people's money. That's why I do two things exclusively: I write about projects that are interesting to me and buy them myself if possible. So if you are interested, I still have twitter account. Why are paid signaling channels a bad thing?Another big problem of signal channels is the lack of development. For the time you spend on other people's signals, you could learn technical analysis, risk management, study the market, study projects and really become a professional in investing and generate analytics that you would trade on. You will not need to listen to who is in the signal channel. Therefore, the biggest problem is that you lose your golden time while listening to signal channels. But there are professionals out there, right?Yes, it's true, even in the crypto market there are people to listen to, me for example (just kidding). How to identify real traders? My first criteria is the time spent on the market. I recommend reading and listening to traders who have been in the market for more than two cycles, i.e. bear market and bull market. Don't be afraid to find their social media and read what they have written in the past. I've been in the market since the beginning of the last bull market, meaning I've been through a bull market and am now going through a bear market with you. The second criteria is open analytics, I believe that traders who have media exposure should have an open analytics history where you can read what they have written over the past years.ConclusionIn short, do not waste your money and your golden time on signals, but become independent investors and traders, learn moreover now when you have time, because when the bull market starts you will have no time.

Trust Wallet has released, as everyone already knows, its biggest update ever, actually rebranding everyone's favorite wallet and entry into the world of cryptocurrency for beginners.We've evolved into more than just a wallet. Explore our new #Web3 gateway & control your own financial freedom. #FreedomFoundations- the Trust Wallet Twitter account said.So, now Trust Wallet is no longer a wallet? We can confidently answer yes, now it is a full-fledged neobank, but don't hurry with conclusions, because we are waiting for many more updates.Expect significant enhancements in products, services, and community engagement in the next 3 months. Brace for a beautiful marathon, not a sprint, laden with incremental strides- said CEO Eowyn Chen in her tweet about the update.So let's take a look at what exactly the update will affect, what will change in the future and how their own token can be used.Updated appThe mobile app and browser extension have undergone a significant transformation, providing a bolder and more accessible experience for users. Mobile App Enhancements:User-Centric Layout: Key elements such as the notification bell, settings (now in the top left), and QR scanner have been strategically reorganized to align better with your usage patterns.Smooth Wallet Switching: The new wallet-switching feature ensures seamless access to all your wallets, complementing the entire platform revamp.Easy Feature Discovery: Enhanced banners make it easier for you to discover and efficiently utilize both new and existing features.Quick-Copy Wallet Address Option: A convenient quick-copy option has been added for hassle-free access to any of your wallet addresses.Browser Extension Improvements:Easier Token Management: Now you can easily search for tokens by chain.Stress-Free Wallet Importing: The process of switching wallets has been simplified.Token?Yes, Trust Wallet has its own token - $TWT . Now it is little known, its capitalization is only $437,120,392 and it is practically not used by its own application. But will it stay that way for long? I don't have an exact answer to this question, and no one will ever answer it, but I can guess, and you decide for yourself if there is something better on the market at the moment.Because TWT can be used:- Staking TWT for ido on the TW platform- Nft marketplace with TWT settlement- Discounts on swaps for holders- TWT payment priority for wallets with abstraction#TrustWallet now has a strong team, good CEO, and #binance behind them, when do you think they will realize all this? The answer is simple, when it's too late for everyone to buy. So make up your mind, I've already made my choice.Not a financial advice. DYOR.