In the world of crypto-currency trading, endeavor traders are being categorized in four different ways known as; Day-traders, Short-term traders, Mid-term traders, and Long-term traders.
And, it has come to my understanding that most of these traders especially day traders merely trade based on graph reading by comparing and integrating their expert knowledge in forex trading into crypto trading.
From my deep observation and research in crypto-currency trading, i will use this post to briefly unveil the true and easy techniques behind achieving a huge success while trading crypto's rather than just concentrating on reading graphs that seems 80% inaccurate , dynamic, and historical to me without present fact why the market should increase or decrease.
If you really want to make good profit every week and month in trading, you have to follow this strategy which is called
"BUY THE RUMOUR AND SELL THE NEWS" This strategy is all about researching and knowing when a particular coin is undergoing any development changes , and knowing when they have upcoming events. As soon as you got big news for a particular coin you are researching on, you can then buy it before their event date.
This strategy is 90% accurate than graph reading and it likely to attract numerous buyers before the event date . The most beneficiaries of this strategy are short and mid-term traders. As for Day-traders, this strategy might not be suitable for them because, they merely depend on daily market chart reading.Majority of Day-traders are liable to be at loss in crypto trading because of their emotional state of trading.
Learn how to make a research to find a big promising news about any coin you want to buy. If there is big news about the coin you picked, definitely you will be sure of huge profit before the event date. And note to book your profit before the event date if you are not a long term holder.
From today on, i will be posting on coins that can bring huge profit weekly and monthly only for short term and mid-term traders
You are free to contribute over this strategy.
Cheers!