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Helping You Stay in Front Of the Crypto Market
Bitcoin and the Cryptocurrencies market is very different to what most people are used to. They are not like the Commodities Markets, Forex Markets, the Australian Share Markets nor the International Futures Contracts that most people are used to trading and even hard-nosed finance professionals find themselves in unfamiliar territory and they get worried!
The fact is most people have zero idea as to what is going on and it’s constantly changing!
In highly charged emotional markets that are new and fresh, i.e Bitcoin and Cryptocurrencies, technical analysis principles work like magic!
Not only that, they are probably the only tools that you can use for trading short and medium term rather than investing longer term in these types of coins.
With limited information and in fresh, new freely traded markets, a good chart is your best friend. And finding a market that is trending can be an enjoyable experience and the best way to make some money in the markets with reduced risk and increased expectancy!
With a good set of technical analysis and charting tools, you have everything you need to manage your known risks while letting trends run.
Be sure to bank some of the cash at appropriate times but understand that sometimes these markets run a lot further than we can ever imagine so keep some in the kitty for the blue-sky trade!