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Cryptocurrency Trading / Re: Are you using a Demo account to practice trading?
« on: Today at 12:32:15 AM »Nice to see that. You actually the first person I see who is already experience and keep using demo account for some purpose, while many use it for few minutes as a tutorial and jump to making first deposit. So you use demo account - can you predict trend change to bull run with it? For a long time I had a very tricky question in my mind - is it possible to make any kind of prediction about meme coins by using demo account?In addition to me, many traders in the community are also using Demo account for purposes beyond learning how to use the features of CEXs, as learning technical analysis is a long-term journey throughout our careers. It would be great if we could save on learning costs by using Demo account to experience the process of analysis + prediction + order placement + result evaluation.
Demo account is just a tool to experience the market for learning purposes, it is not a way to make predictions. Predictions depend on the market analysis method that the trader uses: RSI, MACD, Ichimoku... This is also similar to memecoins, I believe that a exp trader can make a profit from trading memecoins.