Quote from: Desmong on September 19, 2022, 07:50:00 PM

Quote from: minime0105 on September 17, 2022, 09:55:38 PM

Quote from: MrcMrc on July 02, 2022, 07:37:47 PM

Quote from: adaseb on July 02, 2022, 04:43:15 AM

People get hooked, quit their jobs, borrow more money and if they timing is off, well you know how it ends. Look at how many people were expecting $100K and most never took profits in the $60k. Same with those AMC and GME meme stocks.

Wrong timing that leads to failure can be attributed to both bull market and bear market at the same time, but the most important thing is to study the market and build up resistance skills. Well if the trader failed to cash in at the pick of the bull market but didn't sell during the bear market and the asset is in Bitcoin there will be some hope.

for trading what is necessary is to understand the basic strategies of understanding the market, that's why some of us emphasis that trading demands for serious attention, because trading is a skill and if you don't understand it you will fall out from getting profit immediately, actually the market is determine by targeting the due time of entering the market and Make out a profit. And if you understand the risk measure you will make your Profit

We all know that strategy cam fail us that is why we need to be prepared to learn more and how the market moves and does it thing. The market is mostly unpredictable and what we should be after is news because this cam make the market to change direction and if we are not informed we might make mistakes just like how news move the currency market.

Basically every trader needs to keep learning to improve be it knowledge or skills,
the crypto market is indeed constantly moving and that is what makes it not easy to predict,
besides that it is also important to follow developments, we can do this by following the latest news and it can also be by monitoring directly on the market