With cryptocurrency, it is important to understand whether the project will close soon. According to forecasts, bitcoins will come to this line by 2140, i.e. you can still invest in them. In general, a number of trends will need to be studied:
- Maximum and minimum peaks;
- News field around selected digital coins;
- Calendar of upcoming economic events
Experienced traders never enter the market close to the “extreme” trend values. If the current rate is close to the maximum, then you cannot buy bitcoin. And vice versa – at the bottom of a downtrend they do