Quote from: macson on Today at 08:21:20 PM

Quote from: Negotiation on March 22, 2024, 03:51:28 AM

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?

now, if you are a trader, you can not only profit when the price of Bitcoin moves up, but you can also profit when the price of Bitcoin decreases ^{(btc down)}, so the assumption that a trader will only profit when the market is bullish is a wrong perception.

from my observation, those who often experience losses in the crypto market are those who have FUD and also FOMO, as much as possible avoid the two things above, actually becoming a trader now is quite easy, there are many privileges that we can take advantage of, just be consistent and patient in trading is not owned by everyone who is carrying out trading activities.

Long or short trades then its something that you would really be able to make money if you are a trader but if not then you would really be just that wise that you do make that securing profit on the time that you've seen your coins is really that moving up. Closing up position would really be that depending whether you are really that going for long term or short term. Securing profits is really that recommended .
If you are someone whose really that not that still satisfied with the profit you are making then you would be that still holding your position and leave it open but if you are really that already
satisfied then you could really close it out and call it a day. Doesnt matter on what the market trend would be as long it is really that something that will really benefit you out then
this is something that you do need to focus into.