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CRYPTO MECHANIC
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$BTC
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Trading is a game of probabilities, so we have to use probabilistic thinking in our decision making process. Its the game of if , This and that. When you have a level only two or maybe even more things can happen as price approaches your level - Price can either use your level as support and maybe you want to buy/long it - Or it breaks through that level and use it and resistance and you might say okay i am going to short it or you expect some downside from it as long as its below your level. There will be some people who will say ohh its up or down. This guy just said its going up or down. Don't worry about them, They know nothing about the market. They have got a lot going on in their life, Losing money trading this is why they are that stupid and they need someone to pile on them. Don't worry ignore them. You are here to make money and you have to consider those If , this , that probabilities. Someone who truly understands that trading is a game of probabilities and each outcome is going to be determined by If this happens i will do this If that happens i will do that Just lay out the probabilities and determine which one is most likely then manage your risk accordingly. If you are wrong, you are wrong and its all okay.
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Most of you lose money because you are not willing to learn You always want to trade against the trend, When you see price going up you short it thinking it should go down now. When you see price going down you buy it thinking now it should go up. You always seek for trade signals from others You are dependent on some fake gurus Signal providers. No plans, No nothing. After all this You still ask question why i always lose money in market. I can give you a list.
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Bitcoin didn't give a single bearish confirmation since $84k break. This is what i have been saying in my every Bitcoin update as long as we don't see any break in structure we can continue to expect more upside. Each time price broke an important price zone, I used the same zone as my invalidation for the more upside. Not only Bitcoin you can use the same on any Coin you are trading. If you see a break in structure expect the market to continue to go into that direction as long as the structure remains intact.
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One Hundred Thousand Dollars For One Bitcoin
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