🔥🛡️🔥A long tweet, but it is almost the most important thing you should read.
✔️Are you bored with the movement of alternative currencies these days?!?
✍️So let us, while there is still time, tell you some of the secrets and events that are happening in this market.
🔶Many of you and analysts also believe that despite the rise in the price of Bitcoin and its achievement of a great peak, alternative currencies have not given real and good results so far, but they also believe that most of these currencies have risen from their bottoms by no less than 1X, and in this case the entry will not be typical and good, so everyone stands in confusion and loss at the same time. The old trader thinks of something and says to himself who enters the market at these times from these prices, how lucky he is and may change his life because he knows, despite his huge loss, that prices will rise from these areas many times over. On the other hand, the new trader thinks to try and enter and says to himself how lucky the old trader is because he is more knowledgeable than me and may have achieved hundreds of times before, especially when he looks at the charts of currencies that have already achieved hundreds of times.
✍️Both... the old trader and the new trader will not succeed in making profits from the market, you ask why?!?
✔️Because the new trader who enters today from these prices, which are considered a very large bottom, when the price drops by 10%, he will exit from panic, and when it rises by 10%, he will enter from greed and remain in this state until his cumulative losses reach 50%, then he decides to exit finally, and then the market takes off, and this is not a coincidence at all, but rather it is a psychological strategy used by the market maker to trap the money of newcomers.
✔️As for the old trader who is in huge loss due to the same strategy that the new maker uses, but in a more advanced and stronger way, he will be patient with his losing currencies because he is old and knows that it is necessary to rise, but what happens?
✍️When his losing currencies rise by 10%, the majority will exit even though they are still at a huge loss, but psychology tells him himself and because he has seen many movements of decline and rise that he can sell now with an increase of 10% from the last price of his currencies and then re-enter again when a decline occurs, and it often happens that after waiting days, the currency remains rising, so the foam enters all the feelings of the trader and begins to enter from above his selling price, which was at a loss of 10%. Here, his loss becomes 20% and he repeats the same scenario until he reaches a loss of more than 50% and decides to exit finally and wait for another opportunity.
🚨 Here specifically, the new and old have come out with a loss of more than 50% of the capital, and all these losses have been transferred directly to the portfolios of the market makers, who will continue until the end of the wave, so what happens after that?!?
✍️Since new and old traders have become familiar with the market and are curious to know how things have turned out in the market, they will remain watchful and follow the market continuously until that fateful time, which is when the maker decides to introduce the new, old and new trader, as well as the greengrocer, fishmonger, construction worker, doctor and writer to this market. He begins his famous campaign that he carries out at every peak of the market cycle. You will not be smart enough to survive this, and you will enter. You will see the news bulletins talking about this market, and you will hear the stories of new millionaires, and you will listen to the story of so-and-so who bought such-and-such currency at such-and-such price, and now it is at such-and-such price, and he has become a millionaire. All of this is a program that is carefully studied in the corridors of market makers.
✔️I have taken too long 😀 but there is more to come. If you see yourself needing to know more and more secrets of trading and the market, all you have to do is interact with the tweets because that is the indicator I rely on to continue, 🤝 and read again twice.