#OnChainInsights
Dear trader, always be careful when trading on new currencies at the time of their listing because you will face a huge loss due to the immediate sale process at the time of listing for the first miners and holders of the currency. Wait a short period until it stabilizes, then after studying, buy and hold for some time while waiting for the next wave of increase.
Always follow the path of the currency through the monthly chart, the value of the capital in the market and the characteristics of the currency. At the beginning of your trading, stay away from meme currencies, and start with currencies with a high and stable value, including, for example, Bitcoin, Ethereum and Binance, as these currencies are characterized by huge support in the environment of the cryptocurrency market, and always choose at the beginning to wait for the lowest purchase price and do not target buying in the upward wave and always, divide your money into three installments to buy and strengthen during the decline and seize opportunities with daily trading, and this contains a risk, but we will talk about it later due to the good profit.
