Hola steemians
In these days I have had advice on trading, therefore I have studied a lot on the subject, reading about topics such as statistics, also the psychology part through the emotions that can arise during trading.
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Here you can see the various currencies that you can use for trading, extracted from https://coinmarketcap.com/
I think that trading you have to take it as a job, because if you spend a good part of your time you can generate money weekly, which would help in your needs to bring a better quality of life.
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The people who have helped me, tell me that the offers and demands I have to create myself and not leave a robot that does things for me, because I can benefit the big ones of this business. Therefore, I have to learn to predict the behavior of each currency to have an acceptable level of certainty that allows me to have long-term gains.
There are several cryptocurrencies but I have intersted in the BTC, Monero and Bitcoin since I am a newbie in this world.
The BTC, I have appreciated that it has a speculative behavior having variations for large periods.
Bitcoin Cash It has had a behavior in rise in these last days, similar to the BTC. It has fluctuated around $ 100 which makes it a very good currency for trading.
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Monero it is a currency that fluctuates between 83 to 90 $, therefore you have to be aware of its behavior.
There are other markets that I am also learning about like Zcash
I have only one week in this trading, and I really had to control my emotions, because that feeling of risk to lose your money, but with time I will learn to mature those emotions, being more prized in my decisions to the time to make a sale.
We have to keep in mind, that time is very important, because if you do not dedicate the necessary time I think you do not succeed to a period that indicates you are on the right track.
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This new trend is in the mouths of many people, so banks and governments are looking for the alternative so that it does not affect economies as much. I believe that in my country Venezuela, cryptocurrencies could be an alternative to invest as our currency is increasingly valued by the policies that have polarized the economy, creating a large gap between wages and the prices of everyday products.
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You can spread this work with your colleagues so that in the future they have a great network, for the exchange of ideas.
Bitcoin has made life easier for many people in Venezuela, especially those who have family abroad and it is difficult for them to receive money sent by them, since you have to have an account in another country in dollars and the transfer to bolivares is it's a bit difficult, but with the arrival of bitcoin this has become easy, adapting to the technology.
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I hope that Venezuelans every day learn more about this world, just like me, we are not afraid of changes.
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This is my small contribution, in the world of the crypto, just beginning in this world, greetings
I invite you to visit my other post on the subject:
https://steemit.com/bitcoin/@enrique89/good-time-to-invest-bitcoin-cash-bcc
https://steemit.com/bitcoin/@enrique89/bitcoin-exceeds-usd-6400-where-will-you-arrive
Muy bien , ojalá los hermanos Venezolanos sepan cada dia más de esta oportunidad para combatir el monopolio de la economía , saludos
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Es correcto poder nosotros mismos el control de la economía local
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Patience and consistent execution.
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It is correct patience is very important for this type of business, if you get desperate you can make many mistakes, and you have to base yourself on the technical for decision making
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Nice post.
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Thanks friend.
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Que buen resumen @enrique89, veo que estas avanzando y aprendiendo sobre el tema de las criptomonedas. Felicidades. Good luck.
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Gracias amigo por tus buenos comentarios
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Excelente pots hermano y bienvenido a este mundo.. Lo mas dificil es controlar la emociones...
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Gracias mi pana @cesar.oat, si cada día tengo que aprender más .....
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Hermano, la razon por la que entre a STEEMit fue exactamente esa!
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Si mano tenemos que evolucionar y pensar que podemos hacer cosas grandes con la ayuda de steemit.
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