Technical analysis by lubosi about Symbol BTC: Buy recommendation (11/30/2024)

Yesterday i was working on my trading strategies from a risk management standpoint.i plan to scale upon some of the asset classes I have chosenbut I will not encourage you to use marginbecause I am assuming you are a beginnerbecause as Tim Sykes says"90% of traders lose". The chancesthat you are reading this and you know how to trade are very low that's why this has to bebeginner levelSo that you make mistakes and learn so that you lose on your trades,but with low risk as a way of learning..Bitcoin BTCUSD Is the best asset for beginnersbut do not use marginSo why is Bitcoin a good buy?Its following the next 3 steps:-The price is above the 50 EMA-The price is above the 200EMA-The price has gapped up in an uptrendBecause its following these 3 stepswe can say that it is in an uptrendNow does this mean it wont crash?No it doesn'tinfact it can crash to zeroThis is why following recommendationsis not a safe strategyyou need to learn more aboutTrading, risk management and profit taking.Rocket boost this content to learn more.Disclaimer: Trading is risky you will lose money whether you like it or notplease learn risk management and profittaking strategiesand feel free to use a trading simulation toolbefore you trade with real money.