I have propounded many theory about trading and to my dismay everytime i follow a certain theory market is there to turn it into loss. Right now i am adopting holding position and taking profit when there is abnormal price increase
I agree trading is unpredictable job and the price of bitcoin is also unpredictable. You Should know before you enter a trade, set a realistic profit targets and risk or reward you can get. Many traders will not take a trade unless the potential profit is at least three times greater than the risk.