Study the currency before investing

in #trading6 years ago

Working in virtual currency trading is like working in any other trade, has its own advantages and risks. When anyone wants to invest in a project, even for $ 1,000, for example, it does all it takes to make sure that the investment is profitable, the question of profitability and the risks involved.
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Also, when looking for a virtual currency to invest in, both long-term and short-term investment. The trader should know the background of what invests in it and its potential near and far.

The virtual currency is a modern technological field based on the application of decentralized plucheen technology. It has many applications that are beginning to appear on the surface such as Bilakam, Waveformform, Citrus Smart Contracts, Storage Service such as Siaquin, Social Network of Steam ...

But to get to the heart of the matter ... How to recognize the appropriate currency?

I - Mona and Ali - rely on two axes in parallel to identify a currency.

The first axis: currency news and talk about it: This is done through Mr. Google of course ... But there are 3 basic sites to identify the currency and follow the discussion around, but it is in English. We are trying to develop our site to provide the information needed by the merchant in Arabic.
First: Bitcointalk.org. But for the difficulty of finding the currency you want to investigate on this site, you can search Google for the name of the currency and then write the name of the site.
Second: Steemit.com: A site where people publish their ideas, in which you can identify the distinct currencies and follow up on their upcoming movements.

Third: TradingView, a currency and stock trading site where traders publish their ideas and expectations.

The second axis is the currency charts. This is a part of which I was initially surprised, because I thought that currency news alone would determine its value. But it turned out that there was a pattern in the movement of the currency, and there are calculations that allow the researcher to know the direction of the next market and to what extent.
This is an aspect you can learn more about in the Forex Education for beginners site

You should check out the education site because if you are an employee of a company you will try to learn everything related to work in order to develop yourself and get the satisfaction of the administration and get the promotion, if any.

There may be other sources of information that suit you and suit your style, but always know that there is a note behind what we are doing, not random.

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