Post
Topic
Board Bitcoin Discussion
Re: Monitoring the market
by
milewilda
on 30/04/2025, 18:24:20 UTC
The price of Bitcoin goes up when people least expect it. And it moves down when mainstream are expecting it to blast off. It requires more of patience

Some people have the ability to speculate the market well and be able to predict on which direction the market is going, they may not be hundred percent accurate, but can be more closely to getting it right, that is why some will spend more of their time on the chart and research more on what to expect next base on the current season and the market performance, if we can understand how this is being done, then we can also track and predict well about the market direction using different indicators.
There's no such thing about 100% precision but its true that there are ones who can be able to have at least that better approach in towards market volatility and this is where it do differs if we do speak about level of knowledge of a certain person on which we know that there are those who are impulsive and impatient once and there are those who are eager and having that kind of mentality on which they do find up ways on how to at least be able to handle out market volatility. On the moment that you do step your foot into thos volatile space then make it sure that you have that established yourself when it comes to emotions because this is where usually people do messed up themselves at the time or moment that you cant be able to handle up your emotions specially if you've seen your portfolio is going down. There's no such thing about being accurage but once you do have that experience and knowledge then this is where you do find yourself having that good grasps towards market sentiments. Always put up into your mind that market could move out on least we do expect and it do dumps even if there's no market sentiment that it is attached into it. This is what causes up for people to lose money because of these sudden movements and thats why it will be that recommended that you do always have those back up plans specially on a dumping market on which its ideal that you do have some reserved funds for making up some buybacks. If you are some whose that become that too emotional or having no good control when it comes into this aspect then its better to avoid or make lessen on monitoring out the market because if you are that too active on doing so then you are that prone into tons of mistakes on which it will be affecting into your trading plans or investment on which it might cause up with those panic selling or whatever the actions be made on which it is totally opposing into your earlier analysis.