Post
Topic
Board Trading Discussion
Re: How to trade after all time high
by
Silberman
on 12/01/2021, 19:59:03 UTC
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.
Unfortunately this is one of the main reasons people lose a fortune in the markets, they think they can come and somehow always win when even the people that know this market as the back of their hand cannot do that, so what makes them think they can do something like that when no one before has showed that level of skill? Overconfidence of course, confidence is necessary if you want to profit from the markets but too much of it especially when it is not backed with the same amount of skill will very soon lead to disaster.