Understand the currency market

[pax166 0]

This is actually imporatant. It is good to have an indept understanding of how the market works. We need to know what factors will affect the price of a commodity at a particular point in time. This will enable us to make the right decisions about buying or selling and will make us to have greater profit in return.

[Nonahassan 915]

Very great advice, but it takes more experience because it is not that easy. I am one of the people who try to do it again and again, but I do not understand how the market is going. It is somewhat difficult, but it needs Patience 

[Muhammad Abu bakar 482]

of course you have a great post.To be a good trader you need to keep an eye on currency.You have to note when the price of currency is increasing or the value of currency is going down.You have to be active all the time where the currency market is going.So do not get upset and keep an eye on the cryptocurrency market.

[Dorjoy12 8962]

On 10/20/2019 at 2:36 AM, chirinemannai said:

Therefore, understanding what drives the price is your key to becoming a good forex trader.

You should indicate  one market  Such  as crypto  trading  market or forex trading market..  But this both market is complicated  as you can get lose in both market..  If you think about forex  market trading then ofcourse   its necessary  to see the currency  of any country as the currency  volatile  every  time according to usa based dollars .. 

[Alex Morgan 420]

In every field the price of a thing depends on the difference between supply and the demand. One should understand this completely before starting any kind of trading. A person who understands market well can earn well. 

[Msh9 84]

My friends, we must at the beginning of every work. We must study this matter well before working with it. Therefore, in order for us to succeed in this work, we must learn and read the instructions and apply them in order to get a good and perfect job.

[teebasas 3018]

Certainly the movement of the market is subject to many factors, including supply and demand for the currency. The more demand for the currency, the higher its price. Also, the whales greatly affect the price of digital currencies by pumping large amounts of currency.

[Pereira 2303]

Of course, events that occur outside the market affect the market and all its peers, for this reason a good trader has to always be aware of the news on a daily basis, not all news affects the market, but the most relevant news For these, the trader has to be aware to make a little speculation on the fluctuation of the market before making his operations.

[tienda 8776]

2 hours ago, Janan300 said:

We have to learn how to read and understand the crypto currency market so that we can trade for a profit. Trading without understanding the market its like going somewhere for the first time and you are in the midnight and you don't know the road! 

Yes Dear @Janan300 you are right, it is very important to be prepared before you introduce yourself to the cryptocurrency market adventure. And the unique option to understand the cryptocurrency market is reading and reading... form part of the knowledge, to gain it we should learn.

[Ola22 197]

We are certainly blessed with your understanding and knowledge of what drives prices is the key to your understanding of the market, but this topic is not so simple as you need to follow all the changes in the world, follow the news in all daily aspects, in addition to following the economic news in particular.

[Syriana 350]

Working in the field of cryptocurrencies, especially in the trading and investment market, needs good experience and a good business idea in order to prove your strength in dealing with currencies and a good understanding of its movement and the extent of your awareness of the level that it can reach so you have to search well and work with all your energy to find a way to gain good experience This works because if you can understand and absorb market movements, you can make more profits

[lana00 29]

Yes, doing this mode before entering crypto trading is an important task, because if you know how the market works, you will not lose some crypto because you know what the potential of crypto is in the market.

[Alan Johns 258]

You are right demand and supply have a direct impact on the prices so we should learn to read the market and should do proper research in order to carry out a good analysis about the future of the prices that It will go up or down otherwise we will suffer badly in market.

[habib002 21]

Yes, this mode is important to do before entering crypto trading, because if you know how the market works, you will not lose some crypto because you know what the potential of crypto in the market is.

[Cleaner 2549]

1 hour ago, habib002 said:

Yes, this mode is important to do before entering crypto trading, because if you know how the market works, you will not lose some crypto because you know what the potential of crypto in the market is.

Everyone needs to know about cryptocurrencies to trade in the crypto market.  You need to know how cryptocurrencies rise and fall in the market.  The price of a currency depends on demand and supply.  Understand the importance of technical analysis in order to trade.

[Maya20 1048]

 Yes, this is the strategy of understanding currencies, so we have to follow the news, learn technical analysis of the currencies in which we trade, and we must choose currencies after we study the currency project well, "it is not that easy. 

[Oliver james 0]

You can easily understand the average rate of the coin in the market because when you are continuously linked to the market and I also advised to all member to keep well connected to the senior and always ask the solution of your problem while during working on it but don't share your personal information and data about this site because there are many senior are also scammer that you can never seen them and their type of people will damage your profitable running through this site.

[cheri farah 487]

Learning about trading is not that hard but the hard thing is making the decision when the price of btc goes really down and you can not make a decision wether to sell or to keep thee btc with you 

[ammarkhkkh 753]

Thank you for this topic. Before buying or selling any currency, you must search carefully, and see whether a lot of it is displayed, if a lot of it is offered, its price will decrease and this is the most appropriate time to buy, but if it does not offer a lot of it, then this is the most appropriate time For sale.

[Malik jnb 704]

Trading is the best way for earning. We know that trading is very risky. For this you have more knowledge and experience . And important is that you always understand the market. 

[Emma james 333]

Understanding the currency market is the key to be successful in trading because by understanding it you will be able to know what the market is demanding right now and buy the coins or selling it according to that so you don't lose and to be able to achieve that you have to ask alot and learn from others experiences and learn from yours.