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Basic Questions about Cryptos / Re: Be careful of the coin you invest on.
« Last post by Litzki1990 on Today at 04:11:01 PM »Analyzing the market and predicting the market with 100% accuracy is impossible. No matter how experienced an investor or a trader is, he can never say with 100% certainty that the market may go this way in the future. There are investors or traders who just observe the market and take an idea and based on that idea they usually trade or invest. Here is a discussion about finding good coins. There is a big difference between choosing a good coin to invest in and monitoring the market. Choosing the right coin is the first step in investing and it is a very important step because a mistake in choosing the right coin puts a lot of money at risk.Losses must happen to anyone, including professional traders, because the crypto market will not be 100% predicted.Including with the most professional trader can't predicted 100% true because many possible unpredictable with bitcoin and altcoin price. But make research has chance how to minimalize with loss and bigger chance with earn much profitable.
There will be a sudden change in trend and all analysis will not work properly.
Even Bitcoin will also change its trend when it gets a lot of FUDs and this will affect all crypto prices.
It's good to update all the time to find out what's happening in the crypto market.
I think make research firstly on some coins to trade make us be careful when investing in some coins, indeed can't predicted 100% but has chance to earn profit although need few moment before coins investment reach higher price.