Topic: Do not follow every market wave - page 9. (Read 1532 times)
You mean just like what happened when Bitcoin halving was coming? Most traders get rekt on the day that Bitcoin decline from 10k back to 8k, I'm glad I took my profit instantly, the best advice is never let greed consume you
This is a clear indication that the market is larger than anyone and you cannot just sit around and follow all.
You need to have a strategy, which means you need to dyor always to have a strategy
You need to have a strategy, which means you need to dyor always to have a strategy
Yeah bro, you are right, it is too stressful to follow up with market movements, today I was watching in binance how btc was flying up to 9.9k+ but suddenly it just started going down to 9.6k+, all this happens within minutes, this can definitely stress someone out, at a time I thought it was beginning bullrun 
that's true and the majority of newbies were following the waves and when the market gets a pump and they were massively buying the token and they didn't know if the token will be dumped again after it has reached the peak price.
Buy in the reverse condition and when the market was stable is the best time to follow it.
Buy in the reverse condition and when the market was stable is the best time to follow it.
You are right, it get to a stage that I just halt my trading order, cancel everyone of them because I can't figure out where the market is heading, many predicts that price will dump but now Bitcoin is surging and so some few altcoins too, I'd rather just wait for any future dumps and buy back, at least I get out when Bitcoin hit 10k
It is wrong if you try to follow every trade wave in the crypto currency market.
It leads to pressure, unnecessary emotional imbalance and fuds.
One thing is constant about crypto currency, either you track all trades, the bulls will come and the bears will come.
Fight a circle of spots and stick to it to not miss out on all.
We can never know the flaws of market. You are right, market is really an headache just for today bitcoin hike reaches 9939 at binance and go back to 9500 plus. See the volatilty in just few hours you can gain and loss already huge. If you were not careful on monitoring the market and you are bidding a pricr you probably can missed the train. This is the scariest part of trading, you never really know when you are going to get rekt or gain profits. Unless you really buy at bottom low and sell now. Profits should be locked in if you reached the target, dont be greedy cause market is very tricky. It leads to pressure, unnecessary emotional imbalance and fuds.
One thing is constant about crypto currency, either you track all trades, the bulls will come and the bears will come.
Fight a circle of spots and stick to it to not miss out on all.
It is wrong if you try to follow every trade wave in the crypto currency market.
It leads to pressure, unnecessary emotional imbalance and fuds.
One thing is constant about crypto currency, either you track all trades, the bulls will come and the bears will come.
Fight a circle of spots and stick to it to not miss out on all.
It leads to pressure, unnecessary emotional imbalance and fuds.
One thing is constant about crypto currency, either you track all trades, the bulls will come and the bears will come.
Fight a circle of spots and stick to it to not miss out on all.
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