From the paradoxes of the cryptocurrency market.!
Most of the time, traders lose for a very simple reason: they enter at a time when the market is experiencing a rapid upward momentum. Their timing of entry is often wrong.
The crypto market is very deceptive.
When everyone is selling out of fear and panic, you need to calm your nerves a bit, and instead of selling, wait until the price clearly breaks down, then bounces from strong support, and then starts to rise again. If you see a one-hour candle showing a reversal or engulfing the previous one, and another candle confirms it while you see trading volume increasing, that’s where the opportunity lies.
Typically, the market returns to the peak after bouncing from significant support.
Walk against what you see in crypto... but with study and analysis.
The blind person is always seen walking either by using a cane to feel what’s ahead of him, or someone is pulling him by the hand.
It is impossible for him to walk like this without using one of the two means.
In short, those who enter trades without analysis and market monitoring usually end up losing inevitably.
Best regards.