The price of an asset can be driven to the
Posted: Sun Jan 19, 2025 9:59 am
The price of an asset can be driven to the upside or downside by a number of different factors. In the case of Axie Infinity this can be related to a new release or the rumors of a new release. It can be related to the current india whatsapp number data of the players of a game at any given time.
This is where making an investment into the larger Axie Infinity space is very important. Equally important are understanding core trading fundamentals and how to understand and read the overall crypto market.
Keeping updated with information in the Axie Infinity Discord is an excellent place to start. Staying on top of overall market news as well as Axie Infinity specific news is critical. Using the Tools tab in Google search and limiting the results of your News search to the last week and 24 hour period are great ways to stay up to date.
There are several approaches to trading well beyond the scope of this article. Something to learn and always keep in mind is to decide what kind of trader you’re going to be. Choose a timeframe, such as a day trade and stick to it. Don’t decide half way through a trade you’re going to switch it to a long to suit what is happening in the market. Trade wise and make sure you’re really making good entries and always have a planned exit strategy set within the type of trade you’re doing.
This is where making an investment into the larger Axie Infinity space is very important. Equally important are understanding core trading fundamentals and how to understand and read the overall crypto market.
Keeping updated with information in the Axie Infinity Discord is an excellent place to start. Staying on top of overall market news as well as Axie Infinity specific news is critical. Using the Tools tab in Google search and limiting the results of your News search to the last week and 24 hour period are great ways to stay up to date.
There are several approaches to trading well beyond the scope of this article. Something to learn and always keep in mind is to decide what kind of trader you’re going to be. Choose a timeframe, such as a day trade and stick to it. Don’t decide half way through a trade you’re going to switch it to a long to suit what is happening in the market. Trade wise and make sure you’re really making good entries and always have a planned exit strategy set within the type of trade you’re doing.