Crypto Fast Facts #1 - Bitcoin Moves First - Other Coins Follow
Day Trading Bitcoin
Crypto Fast Facts are five minute lessons of important things all coin traders need to know to be successful. This first one is the most important one of all. Bitcoin's chart is KING. It rules them all. When it goes up, others do soon after, and down moves are the same. We are always on the lookout for altcoins that are on the move, but it doesn't take long before volume diminishes and they fall into step with Bitcoin again. I find it very useful whey day trading to have a BTC chart on the left, and a chart on the right of the coin I'm trading. Watching BTC gives you advance warning of what your coin is most likely to do next.
2022-07-29
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