"HOW COME YOU ENTERED A LONG POSITION BEFORE ON SXP WHEN IT WAS ALREADY BELOW 0.3?"
Every trader's choice to enter the market and analyze each move might be interpreted in a variety of ways. You have to realize, though, that a true trader knows when to enter and when to avoid entering.
I'll explain why.
There were times when a trade might go awry and never produce the desired outcomes. Additionally, you become impatient far too frequently when the transaction does nothing but wait there. The real test of the cryptocurrency market begins at that point. You're taking a big risk by going into a market that is already plummeting so precipitously, even below what you may refer to as depths. The only people who can bravely enter the depths are those who understand their own worth. The signs that you should enter the market will be the terror that permeates these areas. Imagine yourself as a firefighter going into a burning area to put out the fire. Being truly afraid is the only thing that makes you brave.
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.
