When you are starting to trade cryptos you can see lots of "missed" opportunities, and sometimes you see huge swings in different coins and you are tempted to join, out of emotion / fear / FOMO, which can lead to bad trades. First know that this market offers endless opportunities, and there will always be more. You can see how that plays out daily by looking at the stats and charts on different exchangers. So it is better to wait for the right opportunity, rather than rush and lose.
If you are starting out, the best strategy is to buy LONG, looking to buy as low as possible so that you won't have to deal with technicalities as experts have to when they trade on highly active markets. The other advantage of buying at the bottom is that, when the breakout happens and a new trend starts, you can choose to sell whenever you feel comfortable with your profits.
So I look for opportunities where coins reach their "bottom". Buying at this bottom highly increases your chances of getting out with a profit.
You can read the charts candle sticks, use indicators and chart formations to gain knowledge as to what might happen next. But remember, all of these are just indicators, one cannot predict the future in these markets, but we can definitely make an informed trade which can increase our chances to earn.
Looks like Enigma (ENG) has bottomed out.
You can open trade (buy-in): 0.00005000 - 0.00006500
Remember that it doesn't matter whatever happens, what happened in the past or what will happen in the future. YOU DESERVE THE BEST.
Thanks for your support.
- Support on Telegram @alanmastersupport
- Tips - BTC: 3FDZqRkxPqWZJ61m3N3qHKhawL4whbaGFS