Six Key Factors for Successful Investment - Cryptocurrency Digital Asset Exchange Platform

Fundamental analysis may predict the direction of prices, while news follows the price trend. When I was a senior manager at a large commodity company, the media would often call me after market close asking why the market moved up or down that day. If the market was moving up, I would give them some bullish news that caught my attention; if it was moving down, I would give them some bearish news. Every day, there are many bullish or bearish messages circulating in the market. Media reports are all “news” related to the day’s price direction.

Suppose there is a report about crops indicating that soybean yields will be 10% lower than last year. However, if traders and investors in this market have already anticipated a 15% reduction in soybean supply from this report, the market’s reaction to this “bullish” information could be a sharp decline.

Demand-driven markets are markets that can generate high profits through long-term trading.

Timing is very important, so patience is required when analyzing fundamentals.

Many predictions of significant price changes fail to materialize for various reasons. Throughout the year, you may hear 8-10 expectations of major price changes, of which only 6-8 are actually possible. However, if you can seize half of these predictions in time and let your profits roll, there will definitely be a substantial profit.

Be decisive and willing to accept losses. Many traders lack the courage and resolve to enter the market once it starts moving. The human nature is to want to enter at a more satisfactory price, delaying entry and waiting for a pullback that may never come. If you have doubts about this, start with a small position and gradually increase it.

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