Explore my portfolio mix. Follow to see how I invest!📈 How to understand crypto market trends as a beginner
When you're new to crypto, it can feel like the market moves at lightning speed. Prices rise and fall sharply, and it’s hard to tell whether to buy, hold, or sell. But learning how to read market trends can help you make smarter decisions.
🔄 1. Understand bull vs. bear markets
A bull market is when prices are generally rising, and there's a lot of optimism. A bear market means falling prices and fear in the market. Knowing where we are helps set your expectations.
📊 2. Learn to read candlestick charts
These charts show price movements over time. Green candles mean the price went up, red means it went down. Patterns like "double bottoms" or "head and shoulders" can signal possible trend reversals.