Will Investing in Crypto Profit? But not like that. A market with such a large market cap where you will not only profit but sometimes you may have to bear huge losses. But if you are a strategic trader then you can reduce your losses a lot but if you can't adopt the right strategy then you will never be able to profit from the market but will face huge losses. If you want to be a good crypto trader. So you must follow some basic rules that will put you ahead of others and help you make the right decisions and make successful trades. Although there are unique coins based on Bitcoin, there are occasional exceptions. That is why we need to check Bitcoin price.
[source](https://pixabay.com/photos/bitcoin-finance-exchange-money-7013663/)
However, sometimes you can check the price of coins in other ways than just checking the price of Bitcoin. In particular, we sometimes see that despite the increase in the price of Bitcoin, other coins continue to decrease in price, and sometimes the price of Bitcoin starts to decrease, but the price of some coins starts to increase. One of the reasons behind this is the dominance and liquidity of Bitcoin. Which has a great impact on the market. If you can concentrate well on this matter then you can make some guess from here too. But one thing you have to keep in mind when you trade depending on the dominance of Bitcoin is that you have to divide your portfolio into several parts. So that you can invest in several levels. But one thing to keep in mind is that one should never invest the entire amount.
BTC dominance is very important for trading nowadays as it is one of the main topics of crypto trading. Whenever you see dominance decreasing, you will notice that the price of the altcoin will start to rise. And also what you can do is try to figure out how much liquidity you have on the chart with the Liquidation Heat Map. Then you will understand how high the price can go or where it can go and come back through resistance or support. If there is high liquidity on the upside, the price will certainly reverse. If liquidity is available on the downside, the market will go down to grab that liquidity.
