Quote from: usekevin on Today at 07:31:26 PM

Quote from: MrcMrc on April 16, 2021, 11:10:22 PM

First am not a pro trader, but my trading techniques have proven fundamentals. I recycled around Bitcoin and some handful of good altcoins; I trade with a hand full of funds since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

This technique has worked for me over the years.

Most of pro traders like you will do panic selling.It should be avoided with a patience.Some panic sellers face the loss all the time.Some will learn from their first experience is added advantage to them.Mostly the altcoin will travel in the same direction of bitcoin.In some conditions,it will travel in different.Now the concept of new road trading is happening.Altcoin and bitcoin will travel in different road now.

I admit panic selling can happen to anyone, because the crypto market, which is very volatile, makes some people panic. But this can indeed be
avoided by maintaining our patience, because the higher our patience, the more panic is avoided. But it is not easy to be a patient person, it takes
a lot of practice, indeed being a patient person when trading cannot be instant. Then regarding the movement of Bitcoin and altcoins usually have
the same direction, because often the movement of altcoins always follows the movement of Bitcoin. If the different direction is due to certain
conditions. Therefore, somehow to make it safer, always do technical and fundamental analysis regularly when we trade crypto.