Can anyone please suggest that, how should we trade when Bitcoin or any token is above it's all time high.
At that time we don't have any charts,so we should trade with the help of indicator only.....
Listen mate,
It’s always recommended that in order to trade, you need to have the capability of bearing losses.
If you cannot take your losses in your positive way, then it’s better to avoid trading at first.
Secondly trading depends on the estimation and assumptions, if you cannot make correct predictions don’t invest.
It’s no matter if the coin is in it’s ATH, as i see still confident traders buying it and have hope that they will get good profits from it.
Perhaps, the best thing that he can do if the price is at an all-time high is to take a break for a while because if he forced to enter the market while he doesn't have many skills to trade, he will feel difficult to buy and sell. The price moves at a high price, and that will not easy to find the time to trade. So assume that the market still increases, that will be a fast move and we can get in a trap to buy at a high price. If that happens, that will make us wait for more because the price will not bounce to the high price in a short time. We need to have more experiences and skills, so we can know if we can continue to trade or break for a while.