Many cryptotraders are waiting for the bull run and they think that bull market is the only way to make profit in trading. But for me TREND is our FRIEND. You can make profit even in the bear market situation. Always apply the buying low and selling high at your preferred percentage or profit. Timing is everything if you will wait for the bull market you probably lost hope in trading. 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."
No one can refuse this sentence that Trend is the friend of trading. But we should know the perfect trend by learning to trade. Many traders are trading for short-term and that's why they have been mistaking to identify the real trend.
We need to find out the real trend in a long time frame to avoid a fake trend.