👏

Is that all for roadmap?

In order of rating you said 🤦‍♂️

I could not find the yardstick behind your preferences. I however, would uphold #Bitmex #Binance #Coinbase (although not available in my country), #Luno, amongst others. For low fees and high liquidity, I would opt for Binance, but for advance trading experience, I would Stan Bitmex.

Hey there!

Following the launch of #Klever last month (August), I just downloaded my klever wallet.

I heard that Klever_io is the most advanced crypto wallet in the industry, what do you think?

Thanks for sharing. As long as they are profitable, I DGAF if they have a web presence or not. I always make takeprofit my hobby. 😉

To enlighten, technical analysis is the study of currency price movement on the charts while fundamental analysis takes a look at how the country’s economy is doing.

Market sentiment analysis determines whether the market is bullish or bearish on the current or future fundamental outlook.

Fundamental factors shape sentiment, while technical analysis helps us visualize that sentiment and apply a framework to create our trade plans.

Those three work hand-in-hand-in-hand to help you come up with good forex trade ideas.

It’s kind of like standing on a three-legged stool.

If one of the legs is weak, the stool will break under your weight and you’ll fall flat on your face.
The same holds true in trading.

If your analysis on any of the three types of trading is weak and you ignore it, there’s a good chance that it will cause you to lose out on your trade!

All the historical price action and economic figures are there – all you have to do is put on your thinking cap and put those analytical skills to the test!

Let me pull out that three-legged stool again just to emphasize the importance of all three types of analysis.

Take out one or two legs of the stool and it’s going to be shaky, right?

In order to become a true Bitcoin trader, you will need to know how to effectively use these three types of Bitcoin market analysis.

Don’t believe us?

Let us give you an example of how focusing on only one type of analysis can turn into a disaster.

👉 Supposedly you’re looking at your charts and you find a good trading opportunity.You get all excited thinking about the money that’s going to be raining down from the sky.You say to yourself, “Man, I’ve never seen a more perfect trading opportunity in BTC/USD. I love my charts. Mwah. Now show me the money!”

👉 You then proceed to buy BTC/USD with a big fat smile on your face (the kind where all your teeth are showing).😂

👉 But wait! All of a sudden the trade makes a 100 pip move in the OTHER DIRECTION! Little did you know, a national judiciary in US🇺🇸 had placed a ban on crypto! Suddenly, everyone’s sentiment towards Bitcoin ’s market turns sour and everyone trades in the opposite direction!

👉 Your big fat smile turns into mush and you start getting angry at your charts. You throw your computer on the ground and begin to pulverize it. You just lost a bunch of money, and now your computer is broken into a billion pieces.And it’s all because you completely ignored fundamental analysis and sentimental analysis.

(Note: This was not based on a real story. This did not happen to me even though it nearly did. I'm never this naive. I am always smart Bitcoin trader…. From the overused sarcasm, I think you get my point.)

Ok, so the story was a little over-dramatized, but you get the point.

Remember how your mother used to tell you as a kid that too much of anything is never good?

Well you might’ve thought that was just hogwash back then but in Bitcoin, the same applies when deciding which type of analysis to use.

Don’t rely on just one.

Instead, you must learn to balance the use of all of them. It is only then that you can really get the most out of your trading.