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RE: Why You SHOULDN'T Take Trading Advice From Anyone, Not Even Your Husband...

in #bitcoin8 years ago

I totally agree with you! I don't feel too comfortable taking someone else's advice for crypto unless I research it myself. That is why I spent some time learning some technical analysis - that way I can verify why a certain person recommends a cryptocurrency to buy. Sometimes, you find that the price has already risen and you are too late to buy and might as well wait for a pull back. Those are just some examples where, by verifying myself, I can save myself from getting large losses right off the bat.

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Ahhh yeah I think that is where I went wrong is buy buying once the price had already risen, so I should have held off!!
Thnaks a lot @amuroturah, is there any place online in particular that you recommend for learning technical analysis? :)

Actually, I'm a student of Suppoman as well and I learned a lot from his methods on his videos like the fibonacci retracement. It really helps you to determine if a cryptocurrency still has room for the price to drop or when it is time to get in.