The virtue of crypto trading or how i earned 20% in 4hours.
Dear Traders!
Welcome, and thank you for reading this thread.
I write here not only to share my opinion but to have a kind of storage of my current ideas to look back in the future. Because if i made a mistake or a great move, that are both useful for the future.
The story of today.
I've been observing memecoin for a month now, and thought many times after a major price surge that the correction will be significant, and it could not grow higher. Well if you check the chart, you will see that the characteristics of this coin is that having a rapid price move upward, some correction and then does it again.
So what happened today?
I saw that today is a moderate moving day, some of my alts showing little or no increase. But guess what happening to memecoin? It price decreased by 17%. Now that was the point that i decided to get into the market. I have checked my beloved indicator the RSI on 30 min and 1h time frame, and find out that it is super bullish. Next, I have invested a major amount into the coin, then wait and observe. The price for some reason made a full resurrection from -17% and currently while i'm writing this, it is around +1,2%. And at this particular level i have sold all of my assets, and now will wait what will happen next. (I am expecting a decrease!)
I really enjoying my large profit, and just try to avoid beeing greedy now and just wait patiently until another opportunity comes to my face, because i want to trade, not to hodl or to wait too much. The volatility of cryptocurrency is only bad and harmful for those people who don't understand the market and don't have the braveness to act.
Share your biggest succes story in trading if you wish, i am more than happy to read. And of course if you have some great idea on a wave we should ride, share it ! :)
Now, i will sit back and relax.
Welcome, and thank you for reading this thread.
I write here not only to share my opinion but to have a kind of storage of my current ideas to look back in the future. Because if i made a mistake or a great move, that are both useful for the future.
The story of today.
I've been observing memecoin for a month now, and thought many times after a major price surge that the correction will be significant, and it could not grow higher. Well if you check the chart, you will see that the characteristics of this coin is that having a rapid price move upward, some correction and then does it again.
So what happened today?
I saw that today is a moderate moving day, some of my alts showing little or no increase. But guess what happening to memecoin? It price decreased by 17%. Now that was the point that i decided to get into the market. I have checked my beloved indicator the RSI on 30 min and 1h time frame, and find out that it is super bullish. Next, I have invested a major amount into the coin, then wait and observe. The price for some reason made a full resurrection from -17% and currently while i'm writing this, it is around +1,2%. And at this particular level i have sold all of my assets, and now will wait what will happen next. (I am expecting a decrease!)
I really enjoying my large profit, and just try to avoid beeing greedy now and just wait patiently until another opportunity comes to my face, because i want to trade, not to hodl or to wait too much. The volatility of cryptocurrency is only bad and harmful for those people who don't understand the market and don't have the braveness to act.
Share your biggest succes story in trading if you wish, i am more than happy to read. And of course if you have some great idea on a wave we should ride, share it ! :)
Now, i will sit back and relax.
