13/07/2025, 16:55:52 UTC POST DELETED
Scraped on 13/07/2025, 16:30:47 UTC
I think knowledgewisdom is not in everyone, it is really strange that nowadays spot traders are buying when the market candles are green and suddenly panicking and selling at a loss, especially when the market starts to retrace. In fact those who panic and sell after a small price drop should understand that this works differently from futures or derivatives trading methods. Obviously if you can buy low and sell when the market is green, you can win the trade, but in the case of Bitcoin, this method may be different. By the way it is certainly true that if someone has a trading plan and can avoid excessive leverage, it is plausible that setting exit points and take profit levels will also apply to them.
Original archived Re: Lack of knowledge is a bitch
Scraped on 13/07/2025, 16:26:10 UTC
I think knowledge is not in everyone, it is really strange that nowadays spot traders are buying when the market candles are green and suddenly panicking and selling at a loss, especially when the market starts to retrace. In fact those who panic and sell after a small price drop should understand that this works differently from futures or derivatives trading methods. Obviously if you can buy low and sell when the market is green, you can win the trade, but in the case of Bitcoin, this method may be different. By the way it is certainly true that if someone has a trading plan and can avoid excessive leverage, it is plausible that setting exit points and take profit levels will also apply to them.