CRYTO Trading SIGNALS o_O ?!!!steemCreated with Sketch.

in crytpocurrencies •  7 years ago 

So why do more people Trade CyrptoCurrencies?

Perhaps the number one reason is the simplicity. In what sense?

a. 24/7 availability and accessibility of exchanges. Unlike the normal stock market where you only allowed to trade during their operating hours. Such a big hassle (e.g. As for me, a Filipino who works abroad. I need to wake up around 4 am if I wanted to participate the Philippines Stock Exchange to catch the first tide).

b. Avoiding big AF, TF and TAX. As a simple and regular employee who works hard for his earnings, which is already undergone lists of deductions and invest to do trading; additional taxes would be very difficult and will definitely hurt everyone's butt (Except for the Whales perhaps--lol).

c. Volatility, well if you are a person who wants action and always on the go vs. a slow phase more stable market cryptocurrencies can give you this satisfaction (Just be careful of those shitcoins--set your target and don't be too greedy).

d. Lastly, are the cheap price. On top of it, is the option of "Arbitrage" (Maximizing the different prices of a certain asset/coin to buy and sell).

The next question is, so why Trade if it's still in a DOWNTREND (Especially in this difficult time)?!!!
Well, there's a saying that "The trend is your friend".

It's just a matter of learning the Fundamentals and TA. Be updated and expand your network (How I wish I can find great people with the same interest and do the forecasting instead of just waiting for signals from unreliable sources).


DISCLAIMER:
Possible count, study and decide with on your own risk.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Wait for the Volume, for confirmation ;)

Self Five.gif

latest update:

  ·  7 years ago (edited)

Congrats to those who hit their Target.
Don't forget to hit that "Upvote" and "Follow".

Lovely.gif

Don't forget to press the "UPVOTE" button there ;)

YW.gif

For those who wants to do have a medium depth trading here's one good exchange for you: Start Small and aim BIG!
Get your free account..
https://www.cryptopia.co.nz/Register?referrer=henrymac

#IwasTAX #HealthyMinds