Author

Topic: How to trade Bitcoin Bear Trap or Reversal (Read 310 times)

hero member
Activity: 2842
Merit: 772
June 21, 2020, 04:59:32 PM
#6
Why not instead of giving us out side link, you tell us the 'secret sauce'? It's pretty obvious that you are trying to promote something here in this community, and usually members doesn't like this kind of shady method. The best advise is just simply buy low, sell high, no need to make things complicated in trading cryptocurrencies.
It is obvious that they are indirectly promoting their own service and website through this post, looks like they offer crypto trading training service which is paid and they want to market that here.

Yes, this community is really a big market for other services to promote their platform, but at least don't mislead crypto traders.

Regarding your comment of buy low sell high, yes it works for longterm only and perhaps suits largely to btc trading as btc is considered to move in market cycles like one bullish wave and then one bearish wave but these waves can last multiple years, so yes if you buy from bear cycle and sell during bull cycle you can make decent profit but a lot of patience is required to do it and it is more like hodler strategy not active trading.

Ok, it may not be easy as it sounds like, the 'buy low, sell high', but it is very effective specially if you are a active trader, or even a complete beginner can understand it. And then probably work his/her way around in a bearish/bullish cycle. It is also effective if you are a day trader, as the price swing will be favourable if you know how to take advantage of that philosophy.
hero member
Activity: 2660
Merit: 551
Why not instead of giving us out side link, you tell us the 'secret sauce'? It's pretty obvious that you are trying to promote something here in this community, and usually members doesn't like this kind of shady method. The best advise is just simply buy low, sell high, no need to make things complicated in trading cryptocurrencies.

It's because there are no so called secret here in crypto trading, regardless if we are in bearish or bullish trend. That's why the title itself is misleading, and the only one who can get in this trap is complete noobs in trading. If there is a reversal, then buy the dip and then wait for the price to go and bounce back. It is that simple, it's just how you time the market and entered at the right price.
legendary
Activity: 3122
Merit: 1140
Why not instead of giving us out side link, you tell us the 'secret sauce'? It's pretty obvious that you are trying to promote something here in this community, and usually members doesn't like this kind of shady method. The best advise is just simply buy low, sell high, no need to make things complicated in trading cryptocurrencies.
It is obvious that they are indirectly promoting their own service and website through this post, looks like they offer crypto trading training service which is paid and they want to market that here.
Regarding your comment of buy low sell high, yes it works for longterm only and perhaps suits largely to btc trading as btc is considered to move in market cycles like one bullish wave and then one bearish wave but these waves can last multiple years, so yes if you buy from bear cycle and sell during bull cycle you can make decent profit but a lot of patience is required to do it and it is more like hodler strategy not active trading.

You are definitely right and this isnt something new into this forum where indirect advertisements do happen with having an opening which do primarily shows up some talk engagement
but literally it is just trying out to promote the service that they are offering.

Talking about about trading then we do know that it can be classified in two regions neither an active one or a swing/trend/hold kind of trading.Buy low and sell high sounds pretty basic
but doing the actual thing wont really be that simple consider that there are lots of factors that will surely affect your trading decisions along the way.

In talks about bear trap or reversal then this had been the question of most traders specially we are dealing with a very unpredictable market.
sr. member
Activity: 1442
Merit: 265
Why not instead of giving us out side link, you tell us the 'secret sauce'? It's pretty obvious that you are trying to promote something here in this community, and usually members doesn't like this kind of shady method. The best advise is just simply buy low, sell high, no need to make things complicated in trading cryptocurrencies.
It is obvious that they are indirectly promoting their own service and website through this post, looks like they offer crypto trading training service which is paid and they want to market that here.
Regarding your comment of buy low sell high, yes it works for longterm only and perhaps suits largely to btc trading as btc is considered to move in market cycles like one bullish wave and then one bearish wave but these waves can last multiple years, so yes if you buy from bear cycle and sell during bull cycle you can make decent profit but a lot of patience is required to do it and it is more like hodler strategy not active trading.
hero member
Activity: 2842
Merit: 772
Why not instead of giving us out side link, you tell us the 'secret sauce'? It's pretty obvious that you are trying to promote something here in this community, and usually members doesn't like this kind of shady method. The best advise is just simply buy low, sell high, no need to make things complicated in trading cryptocurrencies.
copper member
Activity: 134
Merit: 1
love to live honestly & try to be self-dependent



Platinum Crypto Academy







How to trade Bitcoin Bear Trap or Reversal - Crypto Market Analysis






The sharp reversal in most major cryptocurrencies indicates huge demand at lower levels.



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