RE: Steemit Crypto Academy Contest / S7W3 - Understanding Crypto Trading
Greetings brother @malikusman1
You have shared in depth article on what crypto trading actually is. You have well explained the principles including DYOR, Diversification and never ever trade on emotions. I agree with you and want to add emotions can lead us to trade loss which I personally experienced many times but now I have much control on my emotions.
I use many indicators like the moving average, MACD, RSI, parabolic SAR, and some other good indicators along with trendlines when trading crypto.
Currently I am not trading any coin and 99% of the portfolio is in stable coin but in past, I used mostly RSI indicator which I think gives much good signals. But I will also learn other indicators before trading again.
The 3 concepts of risk management are key point for every trader including new and experienced.
In last, you have shared quality content brother and I wish you success for the contest as you have put all of your efforts in creating the content :)
Hi bro, yes these are some things that everyone must know before investing in crypto market. Because we all know how dangerous the crypto market is. I suggest that you don't use only one indicator in trading, you can use more than one for better results and profitable trading. Thank you very much for the comment.
Yes I will surely use more than 1 indicator now. Thank you :)