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RE: Beginner’s Guide to Cryptocurrency Trading (How to Make Profit)

in #cryptocurrencies7 years ago

I think that point 6 is the most important one, also point 1 is also quite important, but in the constant gold rush they tend to get ignored.

About point 3: yes, predicting the future is impossible, but you can observe some correlations that are happening: e.g. if Bitcoin is rising also other cryptocurrencies have the tendency to rise, I guess mostly because people are afraid of missing out and buy "something like Bitcoin."

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@cpufronz thanks for that useful comment! For me it's a big mystery why cryptocurrencies are rising (or falling) together. Your opinion sounds interesting.