RE: Steemit Crypto Academy Contest Season 7 Week 3 - Understanding Crypto Trading
Great post, @ajay27! Your understanding of crypto currency trading is very clear and well-explained. I particularly liked how you highlighted the importance of understanding the market and staying informed about news and events affecting the assets you are trading. It is also very important to have a good understanding of risk management and emotional detachment when creating a trading strategy.
I also appreciated your explanation of how to use fundamental analysis to generate your own crypto trading ideas. It is a great tool for investors to gain insights into the current value of various coins and make more informed trading decisions. The adoption rate, team behind the project, partnerships established and industry reports are important factors to consider when analyzing a cryptocurrency.
Overall, your post provides a comprehensive guide for anyone interested in trading cryptocurrencies. Your knowledge and experience in this area is evident and I believe it will be very helpful for many Steemit users who are new to crypto trading. Keep up the great work, @ajay27!
Thankyou brother....for your time and compliment