RE: Steemit Crypto Academy Contest / S16W5: Navigating the STEEM Token
Hello friend greetings to you, hope you are doing well and good there.
It is possible that more individuals may want to purchase Steem have good updates and news present about it on social media. I agree to you here completely. You further said that Negativity, about a crypto asset may adversely effects it which would result in lowering it's price. I have seen some beautiful indicators you shown to us should be used in combination with fundamentals of the market.
You have given a too good description how to tickle the volatile crypto market. You said that making sensible choices in a volatile market requires careful consideration of a few key criteria. Investors may manage the market with confidence and reduce the dangers brought on by volatility by being aware of these factors. Yes this is very true, I think in volatile market, resk to reward ratio should be managed very carefully.
I wish you very best of luck in this contest.
Thanks for reading! Managing risk-to-reward ratio is crucial in volatile markets. Best of luck in the contest!