Trading tips Short or Long.

in #bitcoin6 years ago

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Xrp world 3rd big crypto currency is very down at the moment last 3 month ago it was on the peak and touches the big heights.
Now a days carry a trade for many days is risky because of changes in crypto market and problems coming to bitcoin demand.
On daily basis bitcoin is dropping and leaving its resistance level and testing support daily and bitcoin support is going down and down due to current situation, It is good that never good and go for long term trade for short terms.
The most amazing way to make daily 2 ,6 percent profit is use a pending order system .Pending order is not like market order.
IN pending order you have to check the chart and see 24 hour low of a pair and then put trigger on 24 hour low when the price drop it will fill the order automatically.
After your order is filled just put auto sell order on your desired profit .but never greed for big profit prefer to sell and buy on daily basis instead of taking a pair for long term.
If you want to trade long term .Then you should learn about Fundamental analyst and wait for a big news .Like some days ago trx news pump the trx to peak .
If there is no news like hard fork etc never trade for long .it can be more risky or if a pair on highly supported area then you can take it for long term.

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Very low quality posting designed to milk the steemit reward pool.

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@swissclive how does it low quality ? English is not my native language I just tried to spread my experience about trading short and long

Flag removed. Thank you @lays for reacting. Poor English is not the same as poor quality. This is a lazy post with little effort. You are trying to boost it from the rewards pool. Just because others do the same thing does not make it OK.

If you want to boost a post with a bot promotion service, it should be of high quality, high effort. This was not.

Thank you for your advice @lays, will try out this pending order system.

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There are many currencies that will achieve great success
We have patience and study

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Excelente comentario amigo @lays vote por ti y espero que visites mi blog y comentes gracias@elsuperchamo..

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