Both are valid approaches, although the two groups are using different tools to determine whether an asset is oversold. The RSI is the most accurate and easy-to-use indicator for this purpose. Mostly, traders use it to find the accurate levels of stock buy and sell. Its level of accuracy gives them the confidence to trade

For this stock, buying near white label crypto trading platform a P/E of 10 typically presented a good buying opportunity as the price headed higher from there. On the RSI, arrows have been placed where the RSI dropped below 30 and then moved back above it. These would be possible buy points based on recovery

It’s also possible to earn money by gathering a following of “CopyTraders”; popular investors can get paid up to 1.5% of the value of assets under copy. However, it’s important to note that investing always carries risks, and profits are not guaranteed. EToro is a crypto broker, meaning it offers other investment products alongside cryptocurrencies.

Choose between a public or private profile and receive personalised alerts and regular blogs. Follow and copy successful investors’ trades with the CopyTrader feature, making it simple for beginners or those looking to learn from others. You can visit your favour traders’ pages and read about their investment strategy and their portfolio mix. Popular investors