If you have an idea that you geniunly think its good don't let some idiots talk you out of it.
Most individual traders learn one or two methods for analyzing the markets before pulling the trigger and actually executing an investment strategy. For example, most newbie investors rely on things like technical analysis and their favorite economic news anchors on TV. Unfortunately, depending on their favorite economic news anchors on TV. Unfortunately, depending on only one type of analysis can be incredibly dangerous. Enter the Invest Diva Diamond Analysis (IDDA). The IDDA suggests analyzing the markets from five different points
Fundamental analysis: As a fundamental analyst, you look at data from facts to rumors to decide whether that coin is worth buying. Sentimental analysis: Market sentiment gauges the emotions and attitudes of traders in the market about a specific security. Using sentimental analysis, even non-animal-lovers in the investing world compare market expectations to bulls and bears. If traders expect upward price movement of a specific security, the sentiment is said to be bullish. On the contrary, if the market sentiment is bearish, most traders expect downward price movement. Technical analysis: As a technical analyst, you look at how a cryptocurrency’s price has been performing, and then you make an investment decision that is right for you. More specifically, you analyze the price action of your favorite cryptocurrency to see the best time to jump into a relationship and a good time to call it quits. You can see the history of the crypto price actions on something called charts that are available on your cryptocurrency exchange. (Head to Chapter 16 to discover all the dirty secrets about technical analysis methods.) I first introduced the Invest Diva Diamond Analysis (IDDA) investment strategy development method in my book Invest Diva’s Guide to Making Money in Forex (McGraw-Hill Education), and it then became the key strategy for all my clients and students, from investing.com and Nasdaq to my own educational products for universities in New York and on my website