Hey fellows..
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So as i tell you that crypto market is the most volatile market but this volatility can also use for making handsome amount of money,but you need to be aware that in order to make money you will have to look at the market with sharp eagles eyes because you can't predict whats inside the box when it is wrap in a beautifull pieace of wrapping paper, so hey are the points you need to be in mind before trading
1....Coin Selection
Before starting any trade you will have to keep that in mind that there are alots of coins in the market some will stay for day and some for months and some for years so the selection of coins is the most important step of trading as it decide your fate of profit or fate of loss so before strating trading first check the volume of coin on coin market cap and make sure its volume must be good its mean coin will stay in market for a long term..
2.....Check the total available supply of coin and the total circulating supply in market,those coins that have less available supply will definetly go ups becuase its demand will increase,so you will be there for handsome amount of money
3......Check the news related to that coin you are selecting particularly for long term because if the company that has launch the coin engage himself with productivity and usability of that coin than you get some good news about that coin,may be its a news of some aggrement or anything.This steps also give you info that coin is going to stay in the market for a long term and its not a part of ponzi scheme.
4......Its my advice if you are new comer and want to do intra-day trading than restrict yourself to establish and stable coins like etherium because they will give you a handsome profit and even if your loosing than hold it for a day or two you will recover your loss with profit but keep in mind dont sell that coin in loss..
Like and comment if you have any questions.Other information about crypto trading will be given in next chapter
THERE FOR YOU.........
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