Post
Topic
Board Trading Discussion
Re: How to profit from the market, bulls or bears
by
el kaka22
on 12/12/2018, 07:39:51 UTC
Whether you are a day trader or you trade once in a while, you have to align yourself with the smart money, not the dumb money, surf along side the whales,not against them, trading is war and you have to choose your  battles correctly
Basically you never need to bother about where whales are sailing. You can go with only one direction that is along with bulls. Because, that is the only way all the crypto will move finally in long term basis. If you keep changing your directions, I'm afraid you will collapse all in the end. Day trading is not at all recommended for anyone hence just keep buying at dips and when you have some excess money is the only way of trading is suggested to most people here.

When the market becomes bearish, that’s the perfect time to hit and buy more with your money while you continue to wait for the bull run. Some people also decide to wait to be very sure that it’s bull time so they can then get in and go with it. But sometimes it ends up being a Bull trap, cause it might drop when you have invested.
Bull traps must be treated as another buying opportunity. When you find your perfect time to buy on bearish trend then why should you bother about bull traps. Just move on that simply by watching. We should not expect market to turn positive once we have bought. If we understand this, then you will not bother about those traps.