Not all deals should be taken, because not all people are right for you.
The right deal, comes with the right people.
And the right people, is the partner that you can feel.
So keep doing your dealing, keep growing…
Soon you will find somebody like you.
Namaste.
Trade active
⋅
Comment
⋅
From my Dec 4. 2017 ENGBTC post:
"The easiest way to trade and the most successful strategy of all, is to buy low and sell high. Easier said than done? Not really.
"When you are starting to trade cryptos you can see lots of "missed" opportunities, and sometimes you see huge swings in different coins and you are tempted to join, out of emotion / fear / FOMO, which can lead to bad trades. First know that this market offers endless opportunities, and there will always be more. You can see how that plays out daily by looking at the stats and charts on different exchangers. So it is better to wait for the right opportunity, rather than rush and lose.
"If you are starting out, the best strategy is to buy LONG, looking to buy as low as possible so that you won't have to deal with technicalities as experts have to when they trade on highly active markets. The other advantage of buying at the bottom is that, when the breakout happens and a new trend starts, you can choose to sell whenever you feel comfortable with your profits.
"So I look for opportunities where coins reach their "bottom". Buying at this bottom highly increases your chances of getting out with a profit. You can read the charts candle sticks, use indicators and chart formations to gain knowledge as to what might happen next. But remember, all of these are just indicators, one cannot predict the future in these markets, but we can definitely make an informed trade which can increase our chances to earn. "
Following along on this one. Thanks for the plan Alan.
AlanSantana
⋅
@mattgarbutt, My pleasure.
Safe_Signal
⋅
Please take a look at our idea and let us know what you think!
BrittTheIsh
⋅
@alanmasters We appear to be in a downward channel, do you have any thoughts? Would you recommend waiting to break the channel before entering a trade?
AlanSantana
⋅
@BrittTheIsh, That depends on your trading style, we buy and wait.
bellock1911
⋅
alamasters can you please tell me what Macd indicator that you use with the two lines on it when you are on TradingView
AlanSantana
⋅
@bellock1911, Type MACD on the search box and choose the first one that appears (default one).