Given their decentralized nature, cryptocurrencies are unbound by any central agency and can be traded round the clock globally. The prices in the cryptocurrency market fluctuate rapidly, continuously making it a challenge for the trader to profit from the price rise or drop. It is almost impossible for any trader to sit 24/7 and watch over the market. The experience would surely be dizzying!
As an investor, you seek to earn profits by speculating on the value of the asset you have invested in. Whether the price is in an uptrend or downtrend, you want to take advantage of the price fluctuations over time. Talking of the crypto markets, the volatility attached to them is both fascinating and restricting. As cryptocurrency trading becomes more popular with the current influx of traders looking to rake in some ‘digital moolah,’ it becomes more difficult for an individual investor to decide when to sell or purchase while ignoring the FOMO factor, too.
To address this chall
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