THIS PERSPECTIVE WILL TAKE YOUR TRADING JOURNEY TO ANOTHER LEVEL
MISCONCEPTION IN THE CRYPTO MARKET THAT ALMOST EVERYONE HAVE (THIS WILL CHANGE YOUR TRADING LIFE!)
How many times have you told this to yourself? "This should be the price which the market will hold itself."
If there were countless of times where you have this thought in your mind. Then, let me share something important to you.
The cryptocurrency market is a mind of its own. It will never follow 1 mind only but by the composition of the whole crypto market. Once you have these kinds of thoughts, you will never get to react to what the market will really show you. It'd seem like a child who's waiting for his mother to buy him toys and once he doesn't get what he want, he will throw a tantrum. That's what it will look like in the end. So how about this. Once the market shows you a breakdown, you react to it. Once the market shows you a shakeout, you observe it. Once the market shows you a hold and bounce, you put more interest to it.
YOU SHOULD NEVER MISS THIS ONE CHANCE!
There may have been a lot of opportunities that you feel like you've missed out. However, those opportunities aren't like this one in the crypto market!
Entering a token at its bottom is considered to a be a great opportunity grabbed. Albeit this 1 opportunity that you should never miss will be considered as your best one yet. This opportunity starts with taking the time to breathe and calming your mind. A token is approaching the bottom of its price? Calm yourself, don't react immediately and just observe what's going to happen next. This is the real opportunity. The golden opportunity of allowing yourself to think ahead and watch where the market goes. This is what the big players are doing. They observe, then test a token's price and then repeat. They don't immediately pour every effort. Instead, they will do whatever they can to stop themselves from reacting impulsively.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.