I'm already registered on binance but the platform seems very complicated and confusing to me
Thank you for your replies but as I said I need some detailed information
that's not something someone can just explain here it comes from research and experience also if binance is too complicated for you could try coinbase one more thing you can trade throughout the day and make some profits but you could also keep an eye on prices and buy when a cryptos price is too low and you know for sure it's gonna go up which in this case you can just buy and hold for a while without doing much work
Ooh, yeah. So your price should also be reasonable. Also, you will need to be online most of the time so that you don't miss buyers. I usually see some good prices in local bitcoins and when I decide to buy from them, I find that the person is offline.
This is where your research comes in. You have to monitor whatever coins you have opted for after adequate research to know when it is to buy and to sell.
If you want to know when to buy and when to sell you can check and follow signals and also read news to get more information on crypto volatility
Are you a trader yourself ? With how much did you start and what is your income now ?
Yeah am a trader , I started with $100 now am earning close to $20 per month , well if you want to check the signals download blockfolio app
Trading needs more research or reading of signals. I believe newbies should take out time first to study trading before indulging. It best to buy when to buy and when to sell too
Yeah! Whatever it is, be it trading or hodling, it is very important to know what is to be done and what is to be avoided. Timing is very important in trading.
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