Post
Topic
Board Trading Discussion
Re: Should trades be closed only when the market is bullish?
by
Jatiluhung
on 26/03/2024, 08:48:33 UTC
A tendency arises among us. When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.


What is your experience in this field?
I probably fall into the category of people who trade more often when the bull market comes. Because I think trading in a bullish market has a profit ratio that is much easier to obtain. The important thing is that we use money that is specifically prepared for trading and not use money that was originally put into investments. In a bearish market, we always see that new altcoins that are listed will immediately experience a sharp decline after rising at the start of the listing. But we can see that the bullish market has now started. We can see that new altcoins listed on the stock exchange can even continue to increase and very few experience major corrections. So this can be more profitable for those of us who trade. But even though I mentioned trading more often, actually I can only trade after I finish my job. So the word 'often' used by me might mean 'rarely' for those who are used to actively trading.