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 kind of thoughts, you will never get to react to what the market will really show you. It'd seem like a children 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.
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.