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Topic: Adaptability is very important - page 4. (Read 825 times)

full member
Activity: 487
Merit: 100
December 05, 2020, 01:32:39 AM
#3
Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

In term of theory is right, "sell at resistance" and "buy at supportance" but not be easy to determine what resistance and what supportance is important, not wherever price will also react when reach "resistance" and "supportance". So in my point, adaptability will come when we have experience enough long with market.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
December 04, 2020, 07:34:49 PM
#2
Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.
It is an advantage if you have that character. In this market, you will never know when to sell and when to buy. But being an experienced person, you'll know when to decide. It is not about the best time to buy or sell but it is about how flexible you are in making decisions and how timely it is. Experts also make mistake in selling if they are relying on TAs and we know that sometimes it's not working due to bitcoin's volatility or any altcoin you hold.
member
Activity: 1540
Merit: 68
December 04, 2020, 01:00:48 PM
#1
Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.
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