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Successful Crypto Miners are those that know how to trade!

iPad Air displaying cryptocurrency trading app with charts and data for a Crypto Miner
  • Stop missing out on trading opportunities
  • Learn the fundamentals of trading and save yourself thousands

Are you frustrated by always missing out on the best time to sell your coins? Are you constantly selling your coins then watching the market boom a week later? Don’t worry, you’re not the only one, but that doesn’t mean you shouldn’t do something about it!

Too many Miners fail to pay attention to the market, and as a result they miss out on great trading opportunities. By having some basic trading skills, you can save yourself thousands and thousands of dollars. It’s even possible to make gains in a bear market if you know what you’re doing!

Learn the basics of trading!

iPad Air displaying cryptocurrency trading app with charts and data for a Crypto Miner

This is ESSENTIAL and completely underutilised by the majority of Miners. You must, MUST learn to trade!

If you don’t learn the basics of trading then you are going to throw your mining proceeds down the drain. Sure, you will probably still make profit, but you won’t make anywhere near what you’re capable of. Too many Miners don’t pay attention to the market and as a result will sell their coins at the wrong time. Don’t let this happen to you!

It is important to understand that Mining is a long-term investment. Just because the market is at a low point, doesn’t mean it is not profitable to mine. Technically, given your Rig should last around three to five years, you only need the price of your coins to reach a desired level at one point over that time period. Just because the coin your mining is only worth 20 cents on the day you mined it, doesn’t mean that at some point over the next five years it won’t reach $1 or even more!

The key to being a successful Miner is patience. Warren Buffet famously once said, “The stock market is a device for transferring money from the impatient to the patient”. These were very wise words. Too often Miners will only pay attention to the value of their holdings after a crash in the market. As a result, they tend to sell their coins at the lowest points due to FEAR.

Get started now!

MiningStore understand how important it is to know the basics of trading, and that’s why all of our clients are taught how to do it! Do yourself a favor if you haven’t already and complete our crash course in basic or advance trading. You will avoid making countless mistakes when buying or selling coins and save yourself thousands of dollars in the long run.

Our crash course will teach you how to conduct both fundamental and technical analysis. Fundamental analysis is about researching the purpose of the coin and its impact on society. You will learn to look into white papers and understand the coin as a whole. Technical analysis is about charting. You will learn to use advance charting tools such as Fibonacci retracements, relative strength index, moving averages and more. By using these tools, you become aware of key price levels and avoid missing out on the right opportunities to sell!

Stop missing out on the gains that smart Miners are making. Learn to trade and you too can enhance your profits by thousands each year.

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26 Responses
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