Cryptocurrency trading can be a complete minefield for the uninitiated. Even for veterans of the space, the volatile nature of cryptocurrencies can have a profound effect on profitability. Bitcoin 2018’s crypto crash and preceding bull run was a difficult pill to swallow for many traders. The collapse – which involved a 60% retrace within a month – nearly took out the entire crypto market. Regrettably, many traders decided to ignore the plethora of indicators that may have otherwise lessened the impact. Of course, explosive price swings aren’t the only problem facing crypto-traders today. One of the many issues with trading
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