Post
Topic
Board Press
Re: [2018-04-23] Bitcoin Struggles Above $9K as Bull Breakout Stalls
by
1Referee
on 24/04/2018, 12:10:39 UTC
Few hours later, and the 9.000 resistance is gone Smiley Real chellange will be the 10.000 mark though...

The market has taught us one thing in the past, and still does so today; today's challenge will be tomorrow's joke.

As soon as the market does things above my expectations, I instantly stop trading and just enjoy the ride up, because anything can happen which I don't want to miss out on. I was initially planning to secure some short term profits just over the $8000 level, but glad that I didn't do so. If the market makes technical analysis become more or less unreliable, then just distance yourself from the market. Trading at that point will be more like a soft form of gambling, and that's obviously not what people should be doing. It's impossible to beat the market just based on the luck factor, so it's pointless even attempting it.