Post
Topic
Board Altcoin Discussion
Re: Do not follow every market wave
by
michellee
on 16/05/2020, 09:08:57 UTC
It is wrong if you try to follow every trade wave in the crypto currency market.
It leads to pressure, unnecessary emotional imbalance and fuds.

One thing is constant about crypto currency, either you track all trades, the bulls will come and the bears will come.
Fight a circle of spots and stick to it to not miss out on all. 
When you don't have the skills to analyze the market situations, and you follow the trade without any info, then you might not make any profit because, at that time, you will lose your funds shortly. That will make you have an emotional feeling which can make you want to recover the loss by following wherever the market goes without analyzing. You always need to analyze the market before you trade, so you know when the time to enter the market, and you will know how much you should buy.