BEGINNERS GUIDE HOW TO TRADE CRYPTOCURRENCY

--- A THREAD

Way too many people out here jump on new instrument like cryptocurrency without proper knowledge. Which later, has become the reason why they will make many wrong decisions and not become profitable.

RT
BEGINNERS GUIDE HOW TO TRADE CRYPTOCURRENCY--- A THREADWay too many people out here jump on new instrument like cryptocurrency without proper knowledge. Which later, has become the reason why they will make many wrong decisions and not become profitable.RT
BEGINNERS GUIDE HOW TO TRADE CRYPTOCURRENCY--- A THREADWay too many people out here jump on new instrument like cryptocurrency without proper knowledge. Which later, has become the reason why they will make many wrong decisions and not become profitable.RT
BEGINNERS GUIDE HOW TO TRADE CRYPTOCURRENCY--- A THREADWay too many people out here jump on new instrument like cryptocurrency without proper knowledge. Which later, has become the reason why they will make many wrong decisions and not become profitable.RT
BEGINNERS GUIDE HOW TO TRADE CRYPTOCURRENCY--- A THREADWay too many people out here jump on new instrument like cryptocurrency without proper knowledge. Which later, has become the reason why they will make many wrong decisions and not become profitable.RT
The first thing that you need to understand, trading cryptocurrency is not the same with trading stocks and other instruments like gold, oil, silver.

Every instruments have different sentiments on how price can move up or down.
Life Gold ($XAU) will be up in time of crisis or non-stable economic condition, while over all stock market will go down. But, in several stocks will still going up, because of the sentiments benefit them.

Example: health sector benefiting from corona issue.
Life Gold ($XAU) will be up in time of crisis or non-stable economic condition, while over all stock market will go down. But, in several stocks will still going up, because of the sentiments benefit them.Example: health sector benefiting from corona issue.
Life Gold ($XAU) will be up in time of crisis or non-stable economic condition, while over all stock market will go down. But, in several stocks will still going up, because of the sentiments benefit them.Example: health sector benefiting from corona issue.
But as you can see, the stock market is still up. Even the crypto market is also down, but it's climbing back up, as the sentiment of stimulus effect.

It's just one of the example of what you need to understand for trading. Enough for the intro, let's dive in.
1. UNDERSTAND HOW IS THE INSTRUMENT WORKS.

In crypto 2016-2017, announcement of website, whitepaper, or even the AMA can move the price up. But it's not work in 2020. It's DeFi, Yield Farming and Crypto loan.

You need to keep up to date of these trends.
2. LEARN TECHNICAL ANALYSIS (TA)

As it is a must to learn TA either you are "long-term" trader (investor) or short-term trader, this is also an obligation on any instrument to at least understand the basic of it.

It'll help you a lot with entries and exit levels.
2. LEARN TECHNICAL ANALYSIS (TA)As it is a must to learn TA either you are "long-term" trader (investor) or short-term trader, this is also an obligation on any instrument to at least understand the basic of it.It'll help you a lot with entries and exit levels.
2. LEARN TECHNICAL ANALYSIS (TA)As it is a must to learn TA either you are "long-term" trader (investor) or short-term trader, this is also an obligation on any instrument to at least understand the basic of it.It'll help you a lot with entries and exit levels.
2. LEARN TECHNICAL ANALYSIS (TA)As it is a must to learn TA either you are "long-term" trader (investor) or short-term trader, this is also an obligation on any instrument to at least understand the basic of it.It'll help you a lot with entries and exit levels.
2. LEARN TECHNICAL ANALYSIS (TA)As it is a must to learn TA either you are "long-term" trader (investor) or short-term trader, this is also an obligation on any instrument to at least understand the basic of it.It'll help you a lot with entries and exit levels.
Several people that I highly recommend regarding the TA, that you can learn a lot from are these people:

1. @CryptoDonAlt
2. @crypto_birb
3. @CryptoCred
4. @PhilakoneCrypto

These are OGs that having high strike rates on their TA.
You can follow @gemwhisperer.
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