BUY-IN Signal!
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.
Interested on building and joining a community for crypto trading. Try checking us out
credits to the image owner
@ https://steemit.com/cryptocurrency/@henrymac/building-a-crypto-trading-community-filipinos
Interested on building and joining a community for FILIPINOS crypto-traders. Try checking us out @
https://steemit.com/cryptocurrency/@henrymac/building-a-crypto-trading-community-filipinos
ALL for FREE!!!
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Phase 1
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Another chart here you guys might want to consider.
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Possible target will be around 8.5K and above.
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Try Kucoin Exchange for trading and get your dividend, an extra profit/earning features they offer besides the trading they have. The exchange distribute a portion/percentage almost everyday from the total amount of trading and the assets you are holding. Feel free to ping me if you got queries on how.
Kucoin https://www.kucoin.com/#/?r=7w8Rve
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Another one is Cryptopia, enjoy the arbitrading and other features and incentives they offer besides lots of cheap AltCoins we can choose from to trade.
https://www.cryptopia.co.nz/Register?referrer=henrymac
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