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Warrior001
Bullish
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The bull market does not give any sign when it comes. DCA is a very important strategy to take advantage of. More so if you are doing DCA, always buy at a very cheap demand, don't just buy at any price and if you don't have much funds, try to be more patient and always buy at a very cheap price. Never chase trades, there are a lot of opportunities to give you the financial freedom you are looking for. Talking from experience, diamond hand investors who do their due diligence before investing and take calculated risk usually turn out to become successful than other traders. However if you are the FOMO type even if you make profits, when you calculate your overall income you will notice you are in loss. 90% of the FOMO traders usually make losses at the end and this strongly affects their emotion and trading psychology. Stay safu

The bull market does not give any sign when it comes.

DCA is a very important strategy to take advantage of. More so if you are doing DCA, always buy at a very cheap demand, don't just buy at any price and if you don't have much funds, try to be more patient and always buy at a very cheap price. Never chase trades, there are a lot of opportunities to give you the financial freedom you are looking for.

Talking from experience, diamond hand investors who do their due diligence before investing and take calculated risk usually turn out to become successful than other traders.

However if you are the FOMO type even if you make profits, when you calculate your overall income you will notice you are in loss. 90% of the FOMO traders usually make losses at the end and this strongly affects their emotion and trading psychology.

Stay safu

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Sometimes we get to learn things the wrong way. A lot of traders don't even understand what ๐Œ๐จ๐ฆ๐ž๐ง๐ญ๐ฎ๐ฆ and ๐•๐จ๐ฅ๐š๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ are. Let's quickly brush that ๐Ÿ‘‡ โคต๏ธ ๐— ๐—ผ๐—บ๐—ฒ๐—ป๐˜๐˜‚๐—บ This simply refers to the speed at which the price of an asset changes with respect to time. We have POSITIVE & NEGATIVE Momentum Positive momentum simply means the price of an asset is generally rising showing buy pressure. Negative momentum simply means the price of an asset is generally falling showing sell pressure Momentum is used by traders to know the strength or weakness of a trend. Some indicators used include RSI, MACD etc โคต๏ธ ๐•๐จ๐ฅ๐š๐ญ๐ข๐ฅ๐ข๐ญ๐ฒ This refers to the degree of variation of a trading price. High volatility entails that the price of an asset changes rapidly by significant amounts and in a short period. E.g Coin A is $8 now, moves to $30 5minutes later and after 1hr drops to $7 Low volatility This simply means price changes or fluctuates gradually and by small amounts Volatility is used by traders to know how quickly/sudden a price changes E.g of Volatility Indicator is BollingerBand Can you now differentiate between momentum & volatility? If yes I'm glad you did. Stay tuned for more insightful contents #bitcoinhalving #BTC #tradingbasics
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