The higher low is in and support is being confirmed now as I write this; patience is key.
It is a waiting game. This whole trading experience, venture or adventure... It is all a waiting game.
The better you get at waiting the best you can do.
You see, when the market is bland, boring and sideways this can last for a long while. When the market starts crashing or rising everything can happen within a day.
In order to catch the rise, we have to be in and ready to wait.
In order to avoid the crash, we have to set our sell orders on target before the rise takes place. Something like buying in, setting the orders high up (never stop-loss) and then waiting for the market to take care of the rest.
I know it can be boring sometimes and at other times doubt can even creep up. This is not bad nor is there anything wrong with you if this happens, this is normal but you shouldn't worry if you are ready to hold.
The market can go up slowly for 3 months and you wouldn't mind the fact that it is growing if the price moves from $10 to $13 in three months. Then on the fourth month, there is an advance from $13 to $50 and wow!
But if the market drops slowly from $10 to $7 within 3 months we start to become anxious and scared, why? Then, on the fourth month there is an advance from $7 to $50 and wow!
You see? It is all psychological you know. When the market was rising slowly, there was no difference, no secured profits and yet you didn't mind having to wait. But when the market moves lower, you might want to secure a losing trade.
Both the up and the down produce $$$ changes on paper only, nothing changes when it comes to the amount of coins you bought and hold.
If the coins are going to be worth more down the road, six months from now, say, 500% more; this should be an easy hold.
Ignore the short-term, ignore the noise hold strong.
You can do it and you are doing it, for doing this you will be paid and when you get paid you will be happy with the results.
I should give you my strategy once more: Buy and hold.
Thanks a lot for your continued support.
Bitcoin and the Altcoins market is set to grow really, really strong in the coming months.
Just be prepared to wait, it will be worth every day, every minute every second once you get your reward.
Actually, I like to wait. I can study and exercise—prepare—while the market goes through its consolidation phase. I can plan.
Once the new high—All-Time High—is in and the bullish wave is over, I will be prepared to pocket huge profits because I planning and studying today.
Thank you for reading.
Namaste.
