As a crypto trader, the goal is to maximize returns and minimize profits. To achieve this
kind of success, one should be able to identify the cryptocurrency trends and know their
impacts on digital currency.
Tedi Ticic is a successful crypto trader who has been in the industry since 2016. He took
the risk of investing in cryptocurrency when the crypto market was new to everyone,
which paid off big-time; he continues to flourish in this competitive market. His goal is to
continue training more crypto traders by helping them better understand the market and
learn ways to scale up their investments.
Cryptocurrency trends are the perceived movements of price over a specific period.
These can either be upward or downward trends. While both types of trends impact
crypto buyers and sellers, it is essential to be aware of which trends will hurt your
profits.
Ticic has a brilliant understanding of the crypto market, and so far, most of his
predictions have been accurate. Before making predictions on how crypto values will
change, however, he makes sure to analyze all the current trends.
Here is how he maneuvers through these trends:·
- Identifying the key levels
By watching and researching the market, Tedi is able to spot the key levels. At these
key levels, there is a lot of buying and selling. Tedi uses these levels to analyze his
market strategies. When the price of a cryptocurrency is above the critical support
levels, it is advisable to buy. On the other hand, when it’s below the key resistance level,
the best thing you can do is to sell. Key levels in the crypto market are affected by a
variety of factors, and as a crypto trader, it’s important to be aware of the global
economy and the trends within it.·
- A diversified portfolio
With a diversified portfolio, Tedi reduces the overall risk of any one investment while
maximizing his potential profits. Cryptocurrency trends are unpredictable, and the value
of any particular currency depends on the market as a whole. By investing in a range of
crypto assets, Tedi reduces the impact that the volatility of an investment will have on
his portfolio.·
- Being up-to-date with market events
At all times, Tedi ensures he is up to speed with the price, market cap, and supply
changes of any currencies he is interested in. By analyzing the current trends, one can
gain an idea of how things will play out in the future. Tedi uses these trends to analyze
present events that could either positively or negatively impact the value of a currency.
With this data, he is able to make informed decisions that help guide his investments.
Just like any other business, cryptocurrency also has its high and lows. To survive in this
industry, it is essential to learn tactics that will give you an upper hand.
Overall, the crypto market is full of risks, but they can be worth taking considering the
high returns. The secret to being an expert crypto trader like Ticic is to have the right
mindset. Keep your expectations in check, and understand that cryptocurrency is a
gamble and wins are not always guaranteed.
