Crypto Lessons # 6

in #bitcoin7 years ago

Hey everyone its @chahir99 ,welcome to another crypto lesson this is a recap of the things that i've learned, so without further ado let's jump right in :

1

2.png

So there's people on both sides of this:

People that try to short aginst a strong trend , and there's people that get out too early .

The problem is whenever you try to pick a top in a market ,and there's nothing wrong with taking profit at predefined profit targets , but if you are trying to be the person that picks the exact top in a market and you're shorting whenever you're going against a strong market , you're going to get run over .

2

2.png

So what do i mean by no regrets :

Well again just like we can't pick tops in a market ,we never know when the market is going to rollover.

So what you want to do is manage your trade, say you buy Bitcoin or any of the other altcoins , and you're trying to find when to get out, you want to manage that trade in a way that no matter what the market does , no matter if it crashes against you , or keeps going crazy you're going to be fine , and you're not going to regret your decision .

Because no one can control the outcome of a market , and the more that you try to force your will on a market , the more you're going to get run over .

I hope this was helpful and you guys learned something and if you like it please up vote me and let me know what you think about it in the comment section.
DQmQJH5xFS1p85dP7G3H8JwGn6fG2vp24D5DG7Eiq77iqHo.gif

                                    Thanks for reading! 

Thanks for following @chahir99 .

Coin Marketplace

STEEM 0.22
TRX 0.25
JST 0.039
BTC 95945.56
ETH 3335.53
USDT 1.00
SBD 3.19