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You can do it, as long as you realise there is extreme volatility in the short-term. Literally any investor could cause a major price event in a coin that has only traded e.g. $1000 in the previous 24 hours!

Over longer periods it's okay, you just have to account for the "hairiness" of the candles. I've never written about it, but that hairiness and those volatile little jumps are one of the things I actually look for when seeking a low cap coin to buy. They indicate massive growth potential.

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