Crypto Investing Tips You Should Always Take Note Of.

So many people invest out of hypes. Some put their money when everyone starts talking about a thing but then get caught and loose their money. This is because they don't read the volume of trading activities  when putting their money into investments.

In the normal law of economics, more demand means increase in prices and more supply means decline in prices. So likewise it is in investing in crypto. If the price of a particular cryptocurrency is gonna go up then there should be increase in volume of trading activities over a period of time —maybe months.

If you put your money in an asset with declining volume, you just have to be prepared for the worse.

Lemme use shibainu as an example.

I did a little study on Shiba inu and found out that Shiba's volume in 2020 was trading at less than $100k but then it started gaining volume from $1000 to $20000 to $200000 and on and on till it got to $1m and down to billions of dollars.

Increase in volume indicates interest. People started getting interested and I bet you if you had put your money when shiba was having a trading volume of about $500k, you would have been a millionaire by now but we missed it.

You have an opportunity not to miss the next one. How prepared are you?