A general conception is that people will start to worry when the market is falling and crashing. In the cryptocurrency world this is normal flow, one day the price peaks at 4 times and the next day it faces even intense crash. That's the main reason so many people are able to trade in the crypto's. On the other hand trading in FIAT currencies is generally not for the newbies as it require tremendous amount of initial investment to start with because the fluctuations are almost less then 1%.

General Rules in crypto trading World:

Never follow the trend:

This might look as a surprise since what you always do it trying to buy when market is moving upward and selling when prices are moving downward. That's is how we make profit, right?
Actually what the newbies do is pretty amazing, they almost always buy high and sell low.
Why they buy high, because they feel like market is rising and they are missing out on some handsome profit and when the market start to fall, newbies will quickly sell out at loss and quit the trade.
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You can see that after every mega rise, there is a mega fall and that's how market work.

So whats the best way to trade?

The best advice here for traders is to start looking for point of reversals, enter the trade when you can see that the downtrend has finished and its time for reversal. Buy a lot of currency at that point and hope that market will rise, its less risky and more beneficial. The problem with this method is recognizing the Point of reversal . There are some tools that will help you finding these points. I will list some of them for you here and also link some useful articles and blog post.

Market Reversals And How To Spot Them

This is an important part of your overall learning process, trading is not about guessing only, its a technical and logical sets of decision making process. It requires a lot of practice, testing, learning, and patience to be able to start making right decision quickly in the time of angst. Timing trades to enter at market bottoms and exit at tops will always involve risk, no matter which way you slice it. But techniques like the sushi roll, outside reversal week and rolling inside/outside reversal, when used in conjunction with a confirmation indicator, can be very useful trading strategies to help the trader maximize and protect his or her hard-won earnings.

The best way to start trading is to start your school at trading School where you will a lot of different interesting and highly useful tools.
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