I have recently started trading cryptocurrency again.
When I first started investing in the early days, I simply buy based on youtube videos done by investors.
The truth is those investors may just be promoting their own investment to boost the price.
I have been keeping up with the news from different channels and they were really helpful to find out whether the price of a cryptocurrency will go up.
My most recent successful experience was with Omisego.
I did two posts about it actually.
https://peakd.com/hive-126009/@fun2learn/the-great-omisego-pump
https://peakd.com/hive-126009/@fun2learn/did-you-catch-the-pump-of-omisego-today
When the news was out about Coinbase Pro account will be able to trade Omisego, I actually went to invest in it not long after that.
There was a sudden big pump when it was released to the regular accounts on Coinbase for trading.
I regretted selling my Omisego when it was only the starting of the rise as I was concerned that it may fall.
I did earn few hundred dollars from this investment but I would have earned a lot more if I waited just about 8 hours later.
As an investor, it is good to keep track of the potential cryptocurrency and the latest news.
It may just let us earn a juicy profit without a huge amount of investment.
Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.
You are a pro in the making. How I wish I understand how to trade cryotocurrencies.
Thank you for your encouragement! 😁
Hi, @fun2learn
When it comes to this topic, it is really difficult to know the right moment of when we are going to make the investment, I do not attribute it to luck because I really do not consider it that way, but I could say that I would like to know who can predict with total accuracy when to achieve the higher profit margin. If you know of someone please let me know. Greetings @janettyanez
I can say that no one can predict 100% but we need to do our own research. I do follow and read the daily crypto news by @vlemon. The last part is especially useful for me to know the latest development of different crypto so that I can make better decision whether the crypto can rise due to certain development. 😁