Quote from: kannikaamudee on November 30, 2019, 09:30:41 AM

It is not surprising that many are drawn to the allure of the risky state of cryptocurrencies as the cryptocurrency is seen as a complex and sophisticated technology that has made lots of people rich. Some of crypto traders are finding a new source of income through cryptocurrency trading, knowing the fact that many people have already earned thousands and millions of money from it.

Unfortunately, in crypto trading there are so called "the bear trap and bull trap". It's considered as one of the commonly occurring patterns that most traders dread. We all need a long patience in bull and bear traps we also need to be prepared for the bull and bear traps and to watch for price action near the top of an uptrend and bottom of a downtrend always keep this in mind.

It's really important to identify a bull and bear trap in cryptocurrency in order to understand the false patterns on it.

Understanding bear and bull trap can really change the way a trader make decisions. Read it now here: https://kucoinblog.com/identify-bull-traps-bear-traps-sk-bt

They are called traps for a reason, it's really hard to avoid them if you are not a really low frequency trader, (basically an investor), even if you are not doing fomo but sticking with your ta with calculated risks, the manipulation is so intense that you can lose everything with those swings.