How to Select Coins for Trading?

I always try to take long trades when buying. Spot traders, on the other hand, keep waiting for coins like XRP or Dogecoin to rise. But the reality is different. A person's life span is around 100 years, and many new coins like BELA, TST, and KAITO are not going to rise immediately. The truth of the market is that some coins take a year to grow, while others may take up to five years. So, what profit will you make? Is this a joke? No, the fact is that for spot trading, the key advice is to always take a good entry and invest a decent amount.

Coin selection is actually done from the losers' category.

Loser coins keep falling, and you just need to wait for the dead-end candle—the point where the selling pressure completely disappears. Always use the VPVR (Volume Profile Visible Range) indicator to determine where whales have entered the coin you are monitoring.

Future traders mostly lose money when they trade based on emotions rather than logic because their strategy is fast scalping. Many new future traders enter the market and think, "Three red candles have formed, now it's time to buy." But sometimes, a fourth red candle appears too!

Traders with a good amount of capital can easily earn profits from spot trading. However, even those with small amounts can succeed—they just need the right mindset!

Why Has Bitcoin's Price Increased?

Many people don't understand why Bitcoin’s price has gone up. The answer is simple. When Bitcoin first came into existence, there were only a few other coins in the market. But now, there are millions of coins, so users have been distributed across different assets. This distribution affects the market dynamics, making Bitcoin’s price movements different from what they used to be in the past.

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