Why: High volume ensures you can enter/exit positions quickly with minimal price impact (slippage). Look For: Major coins like Bitcoin (BTC) and Ethereum (ETH) typically have the best liquidity. $GUA
𝗩𝗼𝗹𝗮𝘁𝗶𝗹𝗶𝘁𝘆:
Why: Creates profit opportunities but also higher risk. Balance: Choose assets with volatility that aligns with your risk tolerance. 𝗠𝗮𝗿𝗸𝗲𝘁 𝘁𝗿𝗲𝗻𝗱𝘀 & 𝗙𝘂𝗻𝗱𝗮𝗺𝗲𝗻𝘁𝗮𝗹𝘀:
Trends: Identify strong upward or downward trends. Fundamentals: Research the project's use case, team and roadmap. 𝗧𝗲𝗰𝗵𝗻𝗶𝗰𝗮𝗹𝘀: Indicators: Use tools like Relative Strength Index (RSI) for market strength and Volume for confirmation. Levels: Identify Support & Resistance levels for potential entry/exit points. #WriteToEarnUpgrade #CPIWatch