Money Talk

Is crypto a good investment 2020?

Submitted by arnabkhn, , Thread ID: 185556

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RE: Is crypto a good investment 2020?

#32
As a profitable trader I'd say you want to wait for the market to show its hand more. We're at a turning point where the risk reward isn't too favourable for either side. For a begineer I'd worry less about catching the exact start and end of the move but rather getting in the middle of a trending phase. Make the chart weekly/daily and dont go lower. Look for fundamental indicators that seem to give you a good idea of when bitcoin is heavily under or overvalued. This isn't a piece of fundamental data but the 200 moving average can be v helpful. Good luck don't risk more than you can lose. Never leverage trade. Trust me <3

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