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DO YOU KNOW THE DIFFERENT BEHAVIORS OF CRYPTOS IN THE MARKET? THE BULLRUN IS APPROACHING!
Be very careful in choosing which cryptocurrencies you want to invest in.
CATEGORY BASED ON CRYPTOS' BEHAVIOR IN THE MARKET.
1- SCAM CRYPTOS (THAT FALL FOR LONG PERIODS WITHOUT EVER SIGNIFICANTLY RISING)
According to the study of the graphics of certain cryptos, there are cryptos listed on exchanges with a very interesting value, but over time and under certain circumstances, only experience significant falls. When we look at their chart in different forms, we only see a descending staircase, a big fall without even perceiving a satisfying rise.
Attention to those who like to buy out cryptos in a steep decline. Do your own research (DYOR)
2- MALICIOUS CRYPTOS
The truth to know is that there is another category of cryptocurrency called malicious cryptos. how do they behave in the market?
Sometimes, when we finish their fundamental analysis, we think that investing in these cryptos would bring us some profits. But often, the surprise is that when we invest in them, it is at that moment that they start to continuously decrease without even having some small increases from time to time, and our capital only diminishes considerably.
It is best to monitor a cryptocurrency for 1h to 4h to see if it behaves normally before keeping it in your wallet.
3- NORMAL AND PROMISING CRYPTOS
The most important thing in an investor's life is to be in the right places at the right time to invest and make a profit on their investments. So, it must be known, there are many opportunities for gains in crypto. Several cryptocurrencies offer us opportunities every day. It's up to us to seize them and have a keen eye!
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