#MarketSentimentWatch The crypto market has been quiet for over a week now. After the "perfect storm" at the end of January, market fluctuations are dying down. The market is approaching a "perfect calm".
History says that during a calm, you need to prepare for a storm.
When will a new storm begin and where will it lead the market and us? To profits or losses?
After all, high volatility is both high risks and high opportunities.
For example, I am a conservative trader and believe that high risks outweigh opportunities, so I try to wait out the storm if I do not understand how it will end (and usually, few people know this in advance).
Because of this tactic, I have never earned a lot in one day. Although I have never lost much either. Is this good or bad?
Do you track the Storm-Attenuation-Calm-Storm market cycles and how do you trade in different phases of the cycle?