fifth lesson and tips:

now among the Coin group we have selected, we need to find those that show a favorable situation using indicators. If you work on short time frames, you are more likely to encounter favorable situations, while if you work on wide time frames (4h-1d), it will be more difficult, and you will probably have to wait much longer and practice little (I assume you are still learning, so we invest little but often to practice and gain experience). So try to make short-duration trades on short time frames of 3m-5m-15m..

check the general situation on the wide time frame to understand the direction and current moment, then scale down to shorter time frames arriving at your time frame..

for now, being on spot, we can earn from price increases directly (I buy the Coin and sell it at a higher price) or we can earn more coins that we already own by selling them at a high price and buying them back at a lower price.. (I sell total Coin XX at 10$ , the price drops, and I buy them back at 5$ = I have double the Coins, and the value of my investment remains the same). It is important to know how to hold the Coins when they rise and sell high, but it is also important to know how to sell the Coins that we hold (we keep them for long periods) when they show us clear signs of wanting to decrease in price, so we not only protect our capital but can also increase the amount of coins we possess (obviously, they must be coins that we know are solid, important, and large projects; we do not hold garbage coins.. since most Coins are destined to die..)

an example is to go see the official website of a Coin.. some don't even bother to have a website that works decently..

use the sites Coinmarketcap, coingeko, and coinglass.. they help you a lot in your research.. both for the solidity of a project and for indicators; for example, on coinglass, you can check the RSI of all cryptos at once..