Can you see anything simpler than this?! The market is either up or down or in sideways movements.
Your continuous learning will make you love 'sideways movements' because they are the most profitable side whether in the stock market or in crypto.
All you need to know is to understand the general trend of your currency, and let’s take Bitcoin as an example:
Bitcoin is moving sideways between 107,000 and 110,500. The smart speculator is the one who does not get involved in the wrong direction, does not buy at the peaks but waits until it drops to the bottom of the trend, which is 108,200 or 107,700, and then buys it again, and so on.
After that, he manages the speculation, meaning when any currency rises, he sets a stop-loss just after the entry point or at it (Breakeven) because the most important thing is to preserve capital in the end.
Your continuous learning will make you love 'sideways movements' because they are the most profitable side whether in the stock market or in crypto.
All you need to know is to understand the general trend of your currency, and let’s take Bitcoin as an example:
Bitcoin is moving sideways between 107,000 and 110,500. The smart speculator is the one who does not get involved in the wrong direction, does not buy at the peaks but waits until it drops to the bottom of the trend, which is 108,200 or 107,700, and then buys it again, and so on.
After that, he manages the speculation, meaning when any currency rises, he sets a stop-loss just after the entry point or at it (Breakeven) because the most important thing is to preserve capital in the end.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
118,477.27
+1.76%
ETH
3,222.24
+6.93%
