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July 09, 2018, 05:47:51 PM |
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Diving directly into the market and setting up crypto wallets, can lead to loss... Rather monitor prices of coins you want to invest in.
Coinmarketcap is a great place to start. Many other web resources offer all the information you need to monitor the performance of the coins you are interested in.
Check the historical charts and analyze how the price has changed, taking note of any patterns between those that have seen substantial returns versus those that have depreciated.
The goal is to grow your investments by introducing cash positions for coins that are expected to appreciate over time. Buying the dip is one of the best strategies to pursue when trying to grow your investments .
The question is how do you know when prices are about to increase again? The answer lies in analyzing the charts and remaining informed about the performance of the cryptocurrency market.
Once you look into the cryptocurrency market, you’re ready to start investing.
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