/biz/ - Business & Finance

Ok let me explain some things to some noobs here (don't get mad I was a noob once)
Look at my picture. These are the orders on c-cex. The price will not go above 11000 satoshi until the orders have been filled to bring the price higher. There are sell orders being filled at 9000 because people are being scared or taking profit or whatever and selling. This is keeping price down.
1) for a noob tradeing crypto. BUY AND HOLD the price will rise and fall it's a rollercoaster just hold through it and don't let go for days weeks or months until your in profit
2) the less you do the more btc you will make
3) if you buy and sell and try to ride the waves you open yourself up missing opportunity and getting burned. That's what the Bots and traders are waiting for! They are waiting for you to let go of your coins! Just wait and hold