Quote from: NRista94 on September 24, 2018, 07:15:47 AM

Sometimes, the best trade is no trade. Sitting on the sidelines while the market does what it does is perfectly fine.
Whether you're bullish or bearish, a chart can be made to fit your bias. Currently, I'm not making any moves in the market until I can see a more clear sense of direction.
Both charts show Bitcoin currently at a resistance level of the downward trendline. One is a Bearish Chart Pattern, the other is Bullish.

If the price drops lower, I will gladly buy more and If the price continues to rise outside of this channel and shows signs of strength, I will gladly jump on the train and ride it back up to all-time highs!
Even if I miss the exact bottom, that's perfectly fine!
I'd rather just catch the meat of the bull run than continuously trying to catch the exact bottom of the Bitcoin bounce. Once the tables turn there will be plenty of upsides to take advantage of!

Also, a suggestion for all traders, check out this free trading e-book from Eterbase, I found it quite refreshing and informative
https://www.eterbase.com/ebook/trading-guide

Youre really about jumping as it is rising and not waiting for the bottom. Some people continue to wait for when it will drop to the bottom price, but they keep on waiting and that price will come and go and they wouldnt know, and by the time they realize it, price has already reached the highest and when they decide to invest their money, thats the time will get caught in the bull trap and you will see the price dropping while they loose. So jump in the train as long as youre sure that the price will rise from that point.

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