Post
Topic
Board Trading Discussion
Re: TREND is our Friend
by
bitgolden
on 20/02/2019, 11:56:43 UTC
Trading is far different from holding. Those who wait for bull market are holders but if you are a trader you can make profit in bear market. The elements of good trading are cutting losses. Bullishness and bearishness represent an emotional commitment. You should have a good market analysis to gain success in trading. According to Alexander Elder, "Our goal is to trade well, not to trade often."
My point exactly, you don't need a bull run to make profit in crypto, the market price go up and down all of the time, imagine you bought 1 btc at 3500, the next minute it becomes $3600, you dump knowing that the price will drop down in a bit so you can make purchase average.