i have been watching bitcoin 1.5 year. that time bitcoin price was around 5500$-6000$ than bitcoin price started to rise. just in few month bitcoin rise up it's all time high 19000$+-23000$+. a lot people starting see very good in bitcoin and invested but than from new year price started to go down. right now its again goin down when everyone hoping it will reach 4000$. they way bitcoin straggling some people say it's going down below 2500$ some say its going to start climbing again to broke it's al time high. i don't have much experience in trade and analysis bitcoin and i don't know which one to follow. so if anyone has good experience in trade and analysis in bitcoin please suggest which way bitcoin price is going.
Thanks
I read the above messages and agree that trading technique are not transferable, but what I believe is one can learn trading by reading good books and observing Technical analysis of experienced traders.
Following are few things that I had followed while I was learning trading.
1. Read good articles.
2. Following good traders and strategist
3. Learning how to apply Ichimoku, Fibonacci and other indicators and stratagies.
4. Applied the learnt indicators and strategies on the chart and published on trading view and monitored the price.
5. Did paper trade.
6. Did trading on test nest.
7. Understand the mistakes behind my lossing trades
8. How to CLOSE MY LOSSING BETS AND LET THE WINNING TRADES RUN.
9. How and when to use Stop limit, Take Profit, trailing stop loss, Take profit Limit etc.,
You can have book mark good news channels for price prediction and also join some of the groups in telegram. DO NOT INVEST BLINDLY do apply your Technical analysis before investing.
Currently, we are still in bearish market but 2020 is next halving which may act like catalyst. Also, do keep an eye on alt coins few are performing good and it is always good to have portfolio.