Post
Topic
Board Trading Discussion
Re: How to profit from the market, bulls or bears
by
BlackFor3st
on 30/01/2019, 17:47:06 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
as a trader I took full advantage of these two moments, bought lots of coins when there was a bear market and sold them when it became a bull market.
it will be very profitable  Wink Wink
All you should to have is intelligence in analysis. even when it's bearish. there is still a chance for profit. You have to know when
prices stop falling or when prices will crawl up. smart traders can take advantage of both conditions
It all comes with experience. Of course you can't know exactly when the price would start falling and bounce back but you can time it close to the bottom. Experienced traders are efficient in reading the ups and downs of the market so even in a bear trend, little profits can be made.
If we think about it with a different perspective than bear markets gives us the opportunity to buy and sell at approx dips as the price varries a lot and also small pumps are been expected within the dips so it becomes easy to make small profits there.
But for long tern profits, going for more stable currency is good as the price would surely hike up in upcoming future if the coin is that potential.