Which trading strategies should I use for altcoins?

1 answers

• Jan 05, 2022 · 3 years ago
  At BYDFi, we recommend using a combination of fundamental analysis and technical analysis when trading altcoins. Fundamental analysis involves evaluating the underlying factors that can affect the value of an altcoin, such as the team behind the project, the technology, and the market demand. Technical analysis, on the other hand, involves analyzing price charts and using various indicators to identify trends and patterns. By combining these two approaches, you can make more informed trading decisions and increase your chances of success. Remember to always do your own research and never invest more than you can afford to lose.
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