In August 2017, CDT was trading at $ 0.08, with
daily trading volume starting at $ 44,000 and going up to $ 12.3 million in the same month.
Another great an timely insight to
trading, everyone has to work out in their own mind how to
trade and everytime I seem to be working out something You seem to bring out an article reinforcing my theories.I am taking your advice and learning price action one at a time and decided to concentrate only on three pairs to
start with eur / usd aud / usd [your local currency and gbp / usd my local currency.I did not know the euro
trading volume was that high.Also your advice on
starting on
daily timeframes is spot on as it helps to stop overtrading to
start with and also teaches patience which I think is so Important, along with position sizing.You can't be a master without first being a novice!
In terms of
daily trading volume, ETC ($ 18.8 mln) has
started from the third line, giving the road only to bitcoin ($ 122.4 mln) and its main rival — the updated Ethereum token ($ 86.87 mln), significantly surpassing the figures for Litecoin, Lisk, Steem and Ripple.
It just goes to show crypto market is still in its infancy stage, which is apparent by looking at 20x increase in
daily trading volume since the
start of 2017 without any fundamental change in market structures.