Quote from: Golftech on November 29, 2021, 04:20:17 AM

Quote from: LUCKMCFLY on November 28, 2021, 12:07:19 PM

Yes, I clearly remember as if it were yesterday, however there is an explanation for it, as I understand the market has to fulfill two phases, the Accumulation phase and the Distribution Phase, in 2017-2018 the accumulation phase occurred from the year 2014 to 2017, then the bullish trend emerged, and from there came everything that has to do with the Distribution stage, which is when the whales or the rich decide to start selling, and this is the distribution that consists of the expensive sale of shares or in this case BTC to those who do not know anything about the market, because many bought at $ 20k when they thought it would go up to $ 50k, and this is explained very well by Wyckoff's theory, which was what helped me the most to understand it everything.

You need to have deeper understanding in order to decide and invest appropriately, it's not just buy the hypes and sell

when downfall takes place, you are wasting not only your money but most of your time. Knowing the grounds is important

inside this industry, bear and bull need to be reviewed very well before concluding or deciding your side.

Assess and observe every information that you gathered. Not everything is for real. Most are just for hypes or to drag down

the market know to balance your decision making.

Quote from: crzy on November 28, 2021, 09:16:22 PM

Quote from: zaesvlas on November 27, 2021, 04:55:44 PM

And please share where you started? I mean, did you study somewhere or did you take courses?

You really have to start from this because you can’t be good in trading if you don’t study how it works, don’t just think that you can easily make money in trading for one week without any experience or knowledge about trading, though this is not a hype but a proof that if you do your best to analyze, you can be more profitable.

You are right, in fact, to have a week and start trading without having previous experience is a very high risk, the truth is that I would not get involved, when I was a rookie what I did was watch many technical analysis tutorials on YouTube and they made it possible for me to make decisions based on this, however when I made those decisions it did not go so well, because I did not know well the concept of the market stages such as accumulation, distribution and each trader handles these concepts according to the timing of the trading, The only way I learned to understand the market better was when I read Wyckoff's books and Jesse Livermore's teachings.