Ok,sorry to spoil the party, but I need to reign in the excitement a bit.If you think Bear market is over I really suggest you to think twice! Seen many pump & epic dumps since 2016 and I can tell you that It will not be so easy to recover all the pain!
If you asked 10 people about their strategy you will find one trader among each 10 people. 9 out of each 10 people become traders then end up losing money after few month, weeks or even days.
The only person who keeps making money from the crypto market is the smart trader and not the gambler . If you want to make money from the crypto market then you must shift your mindset to become more of an trader / investor than a gambler. Gambler might make some profit on the short or even the medium term but sooner or later they end up with losses.
If you know and apply : 5% strategy with a stop loss, 10% profit strategy , Moving Average Across Strategy and RSI strategy , You will make money in a bear and bull market. If you dont know, It is time to find out.
i have a set buy order above the resistance level ( at around $0.0013- 1D open close candle ) . It will be a good buy for the next bull run. Should I buy it right now? Nope. Will I regret if it pumps? Nope.
Everyday is a new opportunity in crypto market. I will re consider if Everything goes positive in a crypto market, I can buy it at a higher level.
Dont fight with a market / trend , TREND is your friend. Be a friend with it. Always remember, You are fighting with other traders not a market/ trend.
1 ) If you are not investing minimum 1 hour per day in crypto, You should always wait the confirmation before making any buying decision ( dont try to catch the bottom ) 2 ) Take lose quickly 3 ) Dont averaging down 4 ) Wait 1 day or 4 hr candle ( open -close ) to take any action 5 ) Check coin / USD and coin / BTC before buy & sell 6) Follow me on twitter - twitter.com/c_ryptoengineer
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We have seen the biggest 1D volume candle in the Bitbean history since 2015. That's the great news for a long term holder. Golden Cross is also so close!
You also made 150% profit with my signal. Congratulations!
So, what is the next? If you want to hold, it is ok, You already know the targets.
What about me? My initial target was selling my coins at $0.0034 but I sold 50% of my coins at $0.0024 . Took my investment back with a profit. ( Found other gems to invest ) I am also holding 50% of coins, it is a free money / coins from now on. I love to be a bag holder with $0 investment.- $0 risk !
BE A BAG HOLDER WITH YOUR PROFIT NOT WITH YOUR OWN CAPITAL!!!
P.S I will reconsider to re-buy my back at around 0.0013.
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No need to hold 1 D open close below 0.00125
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I was right about it! No need to hold 1 D open close below 0.00125 It is delisted from Bittrex
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If you are interested in ALGO trading, Check out my masterpiece #EngineeringRobo.
Got my first bitcoin in Oct 2013. Became a full time day trader in Nov 2016. Got the ALGO trading idea in May 2019 Started to search about it in June 2019 Backtesting since Sep 2019 Pre-Launch last week with 50 people!
I am making an effort to weed out chart trolls posters and only read people who add value to my strategy development and begining of trading fir a living.
I'm happy to say I recognize your as one of those people.
Thank you very much for vall your efforts so far and educational content.
CryptoEngineering
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Hi @Trendbeat,
Thank you for your nice words.
We are a big family here. Glad that you enjoyed my posts.
Please let me know when you share your first post on Tradingview, I will be sharing my comments with you. :)
I am making an effort to weed out chart trolls posters and only read people who add value to my strategy development and begining of trading fir a living.
I'm happy to say I recognize your as one of those people.
Thank you very much for vall your efforts so far and educational content.