An important thing I want to talk about is the options you have.
So cryptocurrency OK so as you can see the reading view uses a combination of those exchanges.
You see you've got BitStamp Bombays.
Beatrix can I can.
Well as we have plenty.
It's.
Yes.
So those are the main ones not to be direct.
So this is a very popular exchange these days.
And the cryptocurrency options available it's limited compared to the 13 Android cryptocurrency you
can find on our exchanges with training you you have fewer options you're going and dollars.
You have people in dollars.
You have to feed them in dollars like on and dollars
cash and dollars in your tax dollars.
So the options are limited.
I don't like trading called crypto currencies versus another cryptocurrency.
I prefer using the cryptocurrency against a real tangible currency.
Dollar euro yen depending on what your currency is and the U.S. dollars.
So but if you like trading a combination of crypto currencies like for example verge and Bitcoin then
you know that's fine.
My preference is to use a cryptocurrency courtsey that limits my options but in trading fewer options
and easier when you have an address of currencies to choose from you're going to get confused.
You've got to be I think you should be treated 11:03 that slither through the water.
Very confusing to the mind.
You've got to focus and if you had fewer options.
You can focus your attention on three four five six different good occurrences and get really good at
that.
Once you understand how it cryptocurrency works or a stock in the repercussions is you're going to become
a specialist for that particular people because if you're going to understand outprice behaves around
a certain price level outprice behaves within a certain pattern configuration such as a pen and or a
triangle or a flag how price behaves or uncertain price resistance five thousand two thousand one thousand
under the prime depending on which currency you are trading.
So the modem will pick one specific currency the better you get a trading day if you trade all kind
of call and says yes you might have more options.
And yes you'll have more excitement's I suppose.
But to get really good a trading focus on fewer and trading Dougie's is their option.
The options are fewer to choose from when you go into the other market cap
now look this thing I mean you get everything under it currently.
OK.
So you can choose from all these different ones.
But then OK so then you've got to click on these just OK.
So what is the state in your opinion nothing this travesty that is going to being gone from then and
then.
Or was it a thousand up to 20000 people backed up and THOUSAND.
There's nothing you can simply find a year ago two to three month shot of the state does enough and
does a longshots lunch box does not need a chop chop and all that gives you as much information as possible.
You need to be able to see the open the close the high and the low of each bar whether you're looking
at the daily chart you're looking at the chart you're looking at the top one in the shop or monthly
shop.
You need the information you need as much information as possible of price volume and time.
Those are the three key indicators you need and if you open an account with one of the brokers and you
you sign up with that the one of the exchange we talked earlier BitStamp or retrack.
Make sure that they're trading charts come with all these tools candlesticks or Barshefsky they're open
close high or low volume indicators moving averages and money flow or stochastics or any of these other
oscillators that you're going to be needing to trade these currency effectively.
I'm not using those exchanges I'm use in trading you also my options are limited but I really like the
trading platform.
I really like the drilling platform.
And when you're trading technical analyses when you are really in technical analysis the clarity of
the chart and the information the chart gives you it's essential for effective trading.