These tips will help you to invest in a criptomonedas of any exchage
Safe trading platforms:
- Bittrex
- Poloniex
- hitbtc
- kraken
these are the most outstanding but there are many more.
Paras the new people in the trading of criptomonedas is recommended to start with a small investment that is willing to lose, the goal will always be consistency and for that it requires practice and a lot of dedication, this is considered as a business where you have The control of your money, you will not need pages that promise to multiply your money, NO, this is where the money will depend on you, your knowledge of your state of mind etc.
The trading of criptomonedas can be the most paid job, if you are passionate, heart is not only to see bullish graphs and buy, we must all know that behind those graphs a story moves. There are two types of analysis to evaluate a currency and invest in it are:
- Technical Analysis: takes care of the studies of the Japanese candles in order to be able to predict a movement
- Fundamental analysis: it is in charge of studying the news of the currency all about it, whether they are alliances events etc, this more that all is related to trading to Medium long term although even also works in the short
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Another tip is one of the most important is the stop limit this small stop can save us from losses of higher percentage, when you just buy a digital currency you should put the stop since these coins to be so volatile tend to have Frequent ups and downs.
- You have to diversify your capital, the most recommended is that your capital is divided into four or more criptomonedas since when one is going down the other compensates the low and so we will have a balance, but if you invest anything else in One or two currencies the probabilities of losses are greater, it is much risk.
Do not buy very new coins in the market, why? The currencies when they are launched tend to have a high value the most ideal would be to wait a few days until the currency has a stable value, when they are launched the professional trading companies that bought in the launch phase they sell and that produces a decrease in the value of the coin
Well these are some of the tips that helped me to be able to realize the trading of criptomonedas and with them manage to get positive results.
If you do not agree or I miss something to add, I await your suggestion thanks to everyone, greetings !!.