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RE: Steemit Crypto Academy Contest / S7W3 - Understanding Crypto Trading

in SteemitCryptoAcademy2 years ago

Great post, @ikwal! You've provided a thorough explanation of various aspects of cryptocurrency trading, including the basic principles and strategies, as well as the key concepts of risk management that every new trader should know.

I particularly appreciate the way you emphasized the importance of patience and calmness in crypto trading. The volatility of the market can be overwhelming at times, and it's important to keep a clear head and not be swayed by emotions. Your point about not being greedy and waiting for the right time to buy or sell is also spot on.

I also liked the way you used examples to illustrate your points, such as using STEEM coin as an example of how to use fundamental analysis to generate trading ideas and how to use technical analysis to make trading decisions. It's always helpful to have real-world examples to reference when trying to understand abstract concepts.

Overall, this is a great resource for anyone interested in getting started with cryptocurrency trading. Keep up the good work and Best of Luck in the Contest!

Regards, @fabiha

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Thank you guys, I really enjoyed reading your nice comments, I wish all of us continued success 😊

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