Who are we in Crypto world?

We noobs(Inexperiencied in crypto world) just jumped into crypto without knowing what we are doing?

Personally I have very less knowledge/Information on cryptocurrency .Lately i have invested a considerable time in understanding what is cryptoworld ?

When someone shares something of value with you and you benefit from it,
you have a moral obligation to share with others!
-chinese quote

Lets us help ourself by sharing the Best practices,lessons learned and Authentic news

First let us classify ourself what are we willing/doing in crypto trading?

1.Investor-->Long term
2.Swing Trader-->Medium term
3.Day Trader-->short term

Investor

You are a investor if the below conditions are satisfied
1.Crypto has huge potentiel to grow with strong Technical team,Proper Roadmap etc. Eg:Ethereum,Bitcoin,Litecoin
2.Money you invest is not needed for a long term ,Basically your savings from which you expect returns

Swing Trader

Swing Trading can be done on any shit coins Eg: Ripple,Tron,Verge,Davorcoin

'Buy the rumor, sell the news'

Sometimes traders trade based on what they believe will occur in a given economic report or event (the rumor). Once the event passes or the report is released (the news), they dump their positions and the market moves.

Very important point to be noted when doing swing trade

1.Keep yourself updated from the moment the major news on any x crypto is released and know when to Buy and Sell
2.Never hold shit coins too long ,always follow STOP Loss techniquie

Day/Margin Trader

Buy/Sell on the same day.

Purely based on Technical analysis you predict the market.

Advantage of day trader is when you predict the market correctly either BULL/BEAR you WIN

BULL indicates Uptrend
BEAR indicates Downtrend

Disadvantage -High risk

From now ,whenever i get time i will update you with TA i learned over time.

My current goal is to familiarize myself with TA .

I regularly follow few people in twitter who help the crypto community grow by regularly providing free tutorials on Technical anlaysis and stuff

few people whom i follow - Philakone,Eric choe,Haejin lee

Create your own account in steemit

what is steemit?
https://steemit.com/steemit/@mindover/steemit-for-dummies-like-me-everything-you-need-know-to-get-started