Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Lighthouze on October 02, 2018, 11:24:43 AM

Title: Trading Tips for Newbies
Post by: Lighthouze on October 02, 2018, 11:24:43 AM
As a newbie in the crypto space, I'm sure you have been exposed to a few tips on how to trade, but I'll just add this just in case you want to try your hands on trading;

Ensure you don’t apply technical analysis for coins that have low market cap & low volume. Technical analysis works only with high marketcap, high volume coins like BTC, ETH, XRP, EOS, etc.

Low market cap coins can move 500% in a day & crash 99% in a day. So it is highly important to trade them with extreme caution.