Before diving the crypto-verse, it is really important to have an idea on what sea you are trying to dive. This is why you need to learn the basics of this topic so you will not be drowned in the deep. To make your life easier, we will try to compile different crypto-related contents that I published so it will be easier for you to search for it.
In this anthology, you will see and read the following:
Anthology: crypto-related contents
Take note: You can click the title on each item so you will be redirected on a particular article.
Anthology, a collection of selected literary pieces or passages or works of art or music.
Source: Meriam Webster
Terminologies that commonly used in crypto-verse
As what we have said on the introductory statement, the basics are one of the most important thing that you should know when it comes to different aspects. This is not only related on crypto-verse, we can apply this on everything.
Obviously, the content is all about terminologies in crypto-verse that is commonly used even by newbies like me. It will be your foundation when you are on top, so don't ignore them!
Things that you can do in the market crash
Before diving the crypto-verse, one thing that you will probably heard on the crypto-enthusiast is “The market is volatile.” Now, since the market is like a life—there's an ups and downs, we need to know the possible opportunities in the middle of catastrophe.
When the market is crashing, the best way to do is to buy more assets because we are on sale! BUT...what if you don't have an enough stable coin or a fiat to buy an asset? What do you think is the best way to take the opportunity? Well, read the article and you will find the answer.
Things that you need to know as a crypto-holder
They said that holding your asset is more profitable than trading your assets, why? It is because holders are not selling their assets, they will hold it. Meanwhile, traders are selling their assets and if you sold your asset with a +20% gains and the market have a massive pump which is +100% I bet that some part of you will regret the 80% gain.
Now, if you are a holder, we can call it as the “safest-risk” because holding asset is not easy as what you think, there are things that you need to consider!
Things that you can do in CoinGecko
Crypto is not easy as what you think, if you are thinking that you knew a lot about crypto, then you should think again! There are things that you need to know and CoinGecko will give you the data that you need as a holder or probably a trader.
We can also make our own portfolio so we can easily track our PNL (Profit and Loss) there are different things that you can do in CoinGecko, the beginner's guide is on the way!
Understanding the basics of support and resistance
Of course, if you don't want to be a holder and you want to be a trader, the best thing to do is to know the basic of market analysis. One of these basics is what we called the support and resistance.
These two are drawn as a trendline, in these two lines, we can determine the possible bounce back of the price of the coin. Is it an uptrend or downtrend?
Understanding the Bollinger Band
One of my favorite indicators is Boll or Bollinger band, it compose two bands and one moving average. It is called upper band and lower band while the moving average is what we called SMA or a Simple Moving Average. We also have this thing called “Squeeze” it is when the two bands are going nearer to each other.
This indicator will be more powerful if you will use it together with other indicator such as Relative Strength Index, also known as RSI.
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Published: June 7, 2021
When market crash then this is more better to stay far away from buying dip because market crash mean whale playing and if you wanna play with them then we gonna end up with zero balaance so always talk about dip also sometime dangerous for us ,