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‼️ PERFECT TIME TO BUY$BTC ‼️
Beginners Guide
$BTC
Cryptocurrencies like $BTC can experience daily (or even hourly) price volatility. As with any kind of investment, volatility may cause uncertainty, fear of missing out, or fear of participating at all. When prices are fluctuating, how do you know when to buy?
In an ideal world, it’s simple: buy low, sell high. In reality, this is easier said than done, even for experts. Instead of trying to “time the market,” many investors use a strategy called dollar-cost averaging (or “DCA”) to reduce the impact of market volatility by investing a smaller amount into an asset — like crypto, stocks, or gold — on a regular schedule.
DCA might be the right choice when someone believes their investments will appreciate (or increase in value) in the long term and experience price volatility on the way there.
#BTC
#BTCMarketTrends
#BTCGuide
#BTC走势分析
#BTC☀
Beginners Guide
$BTC
Cryptocurrencies like $BTC can experience daily (or even hourly) price volatility. As with any kind of investment, volatility may cause uncertainty, fear of missing out, or fear of participating at all. When prices are fluctuating, how do you know when to buy?
In an ideal world, it’s simple: buy low, sell high. In reality, this is easier said than done, even for experts. Instead of trying to “time the market,” many investors use a strategy called dollar-cost averaging (or “DCA”) to reduce the impact of market volatility by investing a smaller amount into an asset — like crypto, stocks, or gold — on a regular schedule.
DCA might be the right choice when someone believes their investments will appreciate (or increase in value) in the long term and experience price volatility on the way there.
#BTC
#BTCMarketTrends
#BTCGuide
#BTC走势分析
#BTC☀
GETTING TO KNOW THE GAME
Most of the time when a new trader joins this race they are met with alot of barriers and insane competition which in most cases makes them lose the fire to trade or compete with the sharks of the game and that is the same for me.
Am going to be talking about the easiest ways for a beginner trader (like myself ) to quick grasp the workings and systematic operations of crypto.
DISCLAIMER: Am not a crypto expert or am offering financial advice.
1. Getting to know the merchandise
In my experience, it has always proved best to know what am dealing with before engage in it and am sure everyone does the the same thing. But in most cases traders engage in crypto trading without an inkling of how to navigate the market or which currency to buy,sell or hold. The best currencies to look out for in this game in my opinion are$BTC $BNB and $ETH which know is basic knowledge but since these currencies are already strongholds in the game they make it easy to get familiar with the "do"s and "don't"s of crypto
2. Knowing when to Buy , Sell or Hold
This for me has been the most hellish experience when it comes to crypto trading...not knowing when to do specific actions when it comes to crypto trading can cost you dearly especially when your a beginner trader like myself. Most of the time we beginner traders tend to trust the methods and strategies of other people without analyzing and understanding the basics first which is not wrong or a crime but it numbs the mind to thinking and coming up with countermeasures in case these strategies fail or don't yield the desired results.
It would be best to first understand how the market moves and when to carry out different actions when the desired time comes.
That's all had for today and will continue posting challenges that not only affect me but some of guys #BeginnerTrader #btcguide
Most of the time when a new trader joins this race they are met with alot of barriers and insane competition which in most cases makes them lose the fire to trade or compete with the sharks of the game and that is the same for me.
Am going to be talking about the easiest ways for a beginner trader (like myself ) to quick grasp the workings and systematic operations of crypto.
DISCLAIMER: Am not a crypto expert or am offering financial advice.
1. Getting to know the merchandise
In my experience, it has always proved best to know what am dealing with before engage in it and am sure everyone does the the same thing. But in most cases traders engage in crypto trading without an inkling of how to navigate the market or which currency to buy,sell or hold. The best currencies to look out for in this game in my opinion are$BTC $BNB and $ETH which know is basic knowledge but since these currencies are already strongholds in the game they make it easy to get familiar with the "do"s and "don't"s of crypto
2. Knowing when to Buy , Sell or Hold
This for me has been the most hellish experience when it comes to crypto trading...not knowing when to do specific actions when it comes to crypto trading can cost you dearly especially when your a beginner trader like myself. Most of the time we beginner traders tend to trust the methods and strategies of other people without analyzing and understanding the basics first which is not wrong or a crime but it numbs the mind to thinking and coming up with countermeasures in case these strategies fail or don't yield the desired results.
It would be best to first understand how the market moves and when to carry out different actions when the desired time comes.
That's all had for today and will continue posting challenges that not only affect me but some of guys #BeginnerTrader #btcguide
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