Post
Topic
Board Altcoin Discussion
Re: Adaptability is very important
by
South Park
on 24/12/2020, 17:51:46 UTC
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.
When it comes to adaptability probably the most important aspect is when to accept that your prediction was wrong and be willing to move on and switch your position, it is not easy after all many people believe in their skills an it can be hard to admit that you were wrong but this is critical as most of the time the big losses in the market occur when a trader cannot simply accept that he made a mistake and that it is necessary to correct it.