#TradingTypes101

When to Buy:

Research the Coin: Choose coins with strong use cases, team, and community (e.g., Bitcoin, Ethereum).

Market Trends: Buy during a dip or in a bear market (prices are low).

News & Events: Look for upcoming positive news (e.g., upgrades, partnerships).

Technical Indicators:

Use RSI < 30 (oversold = good time to buy).

Use support levels (historical low points).

Diversify: Don’t invest in just one coin.

📈 When to Sell:

Set a Profit Target: For example, sell after 20–50% gain (based on your risk tolerance).

Trailing Stop-Loss: Sell automatically if price drops after rising (protects profits).

Overbought Signals: RSI > 70 or rapid price spikes may signal it’s time to sell.

Negative News or Regulation: Consider selling to avoid loss.

Reaching Resistance Level: If price nears a strong past high, consider selling.

Tips:

Only invest what you can afford to lose.

Use secure wallets, not just exchanges.

Track your trades with simple logs.