Preparation is the mother of manifestation, and if you must make out profit in the next bull market you will need adequate preparation because you don’t want to miss out.
A
bull market is a period of rising of crypto currency asset prices. And those higher prices mean sizable profits for holders, investors, and trader this include individual trader and institutional traders as well who own these crypto asset in the course of ICO purchase, crypto exchange market, Airdrops & bounties etc. a bull market which will experience in 2017 is inevitably followed by a bear market, or a period of declining prices such as we are experiencing.
About Bull Run 2019?There is a saying “what goes around comes around”. Most institutional investors and countries that once ban crypto asset trading and advertising now fully embrace crypto currency in the lite of china , Facebook etc. despite this unbanned I will base my judgement on the fundamental analysis why there will be a bull run in 2019 which are outline below :
Coinbase Expands Trading Platform across Six Additional European Market
Litecoin’s Franklyn Richards Says Cryptocurrency Will Be Institutionalized
Israel’s Central Bank Seeks Public Input in Crypto Regulation Initiative
China: Media Alliance to Use Blockchain Technology for Copyright Protection
Number of Crypto ATMs Steadily Growing Amid ‘Crypto Winter,’ Data Shows
These are positive bull drivers to bring back upward trend of crypto asset once again in the year 2019 and to read more on the spike headlines please kindly check the coin telegraph, ccn, coindesk for more details.
When Is the Time for the Bull RunBitcoin and Altcoin in general have fall from a great a height with a loss of more than 80% and this calls for a reversal as just like the law of the gravitational force. If there is no reversal it means the crypto assets are not tradable. Lot of whales are have close their short position at $3400 because the long time correction is over which hit below all-time low of $3200. for more details about the analysis >
https://www.coindesk.com/this-price-chart-indicates-bitcoins-bulls-are-back-in-business.
PREPARING FOR THE BULL RUN 2019 Prepare your mind: emotion is a key factor when there is rise, most people get carry away with rise hoping that it will never fall
risk reward ratio management ready: this will help you to control the price action movement
Use your head, not your heart; don’t be carry away with whales news that bitcoin/altcoin will hit a certain figure. This is a disguise so you buy from them at all time height
Utilize the BOLLINGER BAND , MACD, RSI indicators to help control your fears and greed in taking out profit
Be satisfy with small profit because regulation/FUD news might flush your profit out.
Read more cryptocurrencies books author by Chris Burniske and Jack Tatar, Tarik Gönen etc and also Trading in the Zone by Mark Douglas
These are my thought
Please kindly contribute to the thread and I will update to enlighten more readers
Thank you for this wonderful piece. It is elaborate enough. If anyone had doubt about cryptocurrency, I guess this will lift his or her spirits and assure a more profitable future ahead which can be take advantage of if we prepare well