Carrie Edgell
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🌻🌻Do you understand the cycle of Coins???🌻🌻
I will explain it to you!!
Coins rise and fall in price. Generally, the period when they increase in price is around May and December, and the period when prices drop is around March and August. And in the other months? They are rising, falling, or stable, something very slow.
Are there coins that at some point deviate from this pattern? Yes, but most follow this pattern.
What does this mean? If you want to buy some crypto and wait for it to appreciate, or long trade with low leverage, buy during the period when prices fall. If you have some money in your wallet, while they are not dropping in price, do Earn, so that money can earn interest.
If you want profit every day, do Day trading or scalping; it’s riskier, so study a lot about it, or copy trades from more experienced people. And don’t risk money you can’t afford to lose.
Rules from experienced traders: patience and having a buying and selling plan!😉😉
I will explain it to you!!
Coins rise and fall in price. Generally, the period when they increase in price is around May and December, and the period when prices drop is around March and August. And in the other months? They are rising, falling, or stable, something very slow.
Are there coins that at some point deviate from this pattern? Yes, but most follow this pattern.
What does this mean? If you want to buy some crypto and wait for it to appreciate, or long trade with low leverage, buy during the period when prices fall. If you have some money in your wallet, while they are not dropping in price, do Earn, so that money can earn interest.
If you want profit every day, do Day trading or scalping; it’s riskier, so study a lot about it, or copy trades from more experienced people. And don’t risk money you can’t afford to lose.
Rules from experienced traders: patience and having a buying and selling plan!😉😉
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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