Quote from: Cling18 on Today at 07:44:15 PM

Quote from: cytpoway121 on December 04, 2020, 05:00:48 PM

Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.

What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.

It's really important from the beginning that we know how to deal with the changes in the market. We should accept the fact that cryptocurrency is volatile and it's always changing so we should know how to apply at least the basic strategy in trading which is to buy low and to sell high. Controlling our emotions would also be a big help so we could make good decisions in trading.

Yes. Adaptation to the changing market is very much important so you will know when to make an entry or its best exit when you're investing or trading. If you can't adapt, you will find it hard to win your profits. Be more flexible in your decision making because it will help you to easily adjust on the price market that constantly changing.