Some tips before trading with crytocurrency (in this case ETH)

in #crypto-news8 years ago

I give u a recommendations....

  • First of all i dont recoment to invest in coins or business that u dont know or understand , (1st tip of big investors like Warren Buffet)

*Buy in the panic and sell in the euphoria

  • Use the stop loss
    for example now the price = 0.02194 btc for ETH
    create and stop loss in bittrex for example if the price down of 0.021 THEN SELL in 0.018
    and automatically sells in the price of the offers are. (maybe 0.020).
    The important of it is that if the price down drastically u will be save vs it, and u can buy after the market begins to demand eth again.

  • Remember this.... always are offers like 1000 eth to sell at some price or 700eth to buy at some price ....
    there are some holders that want to manipulate the price... in bittrex (the best protection its buy with the price is down)

  • Search all news thet u can read:
    https://coinmarketcap.com/ (monitoring the price)
    https://blog.ethereum.org/
    http://www.coindesk.com/
    https://www.cryptocoinsnews.com/

  • Study about financial education and investing there are some good authors
    Robert Kiyosaki
    Warren Buffet
    Benjamin Graham
    George Soros
    Juan Diego Gomez with Invertir Mejor (spanish free videos on youtube for trading)
    Angelo Rico in Experium markets (spanish free videos on youtube for trading)

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