Quote from: rocoro on December 08, 2014, 03:42:18 AM

Low volume and Low trading equals accumulation?

I fixed that for you... (the answer is yes btw Wink

)

you see. The only way to win consistently is to buy during the accumulation phase and to sell during the distribution phase of the price cycle.

Doing the opposite of that would be like some no-hoper waking up on a random Thursday, during the height of summer, and thinking to himself 'do you know what would be a good idea, it's sooo hot outside - I'm going to buy a bunch of sunglasses and flip-flops and sell them on the beach'..

Now, do you think that this guy would be able to compete with the 'skilled traders' who filled their warehouses to the brim, months before, during the top of winter when the demand for sunglasses and flip flops is at it's lowest, thus prices are also at rock bottom levels? Of course not. Why? Because those who bought cheaply can undercut him to the point where he won't be able to pull even a 5% profit on his stock.

Same thing happens in crypto

Quote from: rocoro on December 08, 2014, 03:42:18 AM

I can point out tons of coins that are like that now and they are more or less DEAD.

I doubt that.

Accumulation and Distribution cycles occur in every single coin on the market. For those that aren't aware of that, observe:

XCASH

NEOS

AERO

OPAL

START

DGB

So guys, use the ALL chart and think before putting on a trade. Ask yourself, am I buying into distribution (marked up prices), or accumulation (wholesale rate). This is how you win again, and again! No voodoo priests necessary.

Tip: With everything said, I must repeat: The traders who are successful in this market arent the ones who spend the entire day sitting in front of the screen trying to catch quick 10% profits from coins that are selling at severely marked up rates. The traders that win consistently do their homework. Before the start of each month, week and day they already know what they are going to buy and what they are going to sell. They buy into coins during the accumulation phase of the price cycle, which allows them to dictate their own prices when it comes time to distribute their holdings to the rest of the market. In essence, whilst most novice traders trade the market, skilled traders make the market. The funny thing is, the only barrier to becoming a skilled trader is understanding the difference between wholesale and retail prices.

SIDENOTE: You want to eliminate as many poor-percentage and high risk trades from your repertoire as possible. Once you have done this, you will see a dramatic boost in your overall profitability. Trading less and taking only the best-percentage trades are such an important part of pulling consistent wins. Ask yourself before each trade, why am I taking this trade? If you dont have an answer or cant justify the answer, then skip the trade. To develop the mentality needed to win in Crypto, you must develop a high probability strategy. It is as simple as that. You must have the discipline to sit and wait for only the most optimal trades where all the factors of a bull run are lined up and painfully obvious. Only then should you be putting on a trade.

Note: BTC is a buy right now. Pay attention to the price and execute your buys at the low points. Oct - Dec will be very interesting.

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