How To Plan Your Trade When Market Is Uncertain? | Trade Plan For Bitcoin | CRYPTO MECHANIC na Binance Square

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How To Plan Your Trade When Market Is Uncertain? | Trade Plan For Bitcoin

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Everything is temporary. your life, your money , the material things you have. The best thing about life is how helpful you are to others . If GOD bless you with something just make sure you help the people around you. Remember what goes around, comes around .

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Why do you trade crypto ? Let me guess… Because you want to make a ton of money and be able to buy anything you wish? While this is a perfectly valid reason, it will most likely lead to excessive greed and ultimately lead to your trading account’s destruction. You might as well start trading with high leverage and gamble it away instead. Greed is the worst motivation for trading. The market will always punish greed and will reward moderation. There is a fine line between traders and gamblers. "When there is real money on the line, there are always those who take blind chances". If you want to be consistently profitable, do NOT think like a gambler, do NOT take blind chances, and do NOT solely rely on luck. Remember that luck comes and goes just like the gambler.

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A picture from the past when Bitcoin was trading at $11,000 and XRP at $1.380 there is a reason why I'm sharing this picture with you. There is a lesson in it. Open the picture and see that there are some coins sitting in top 10 LTC , BCH , XEM and XLM and now they're nowhere to be seen even the prices are lower than these prices and BTC is trading much higher. This is the big lesson for the people who blindly trust on Altcoins and hold these coins for their life. Everyday hundreds of coins are coming in market and you never know which coin will do what. No coin deserves to be held for long-term except Bitcoin. Choose your investments wisely. Never trust any coin for life. Get in, ride the cycle and take your money out. ONLY Bitcoin will stay here. Most of the coins will come and go in dust. Just like the coins in the list and just like The LUNA and FTX. I caught a good move in feb , march this year and took my exit almost at the top, I'm looking forward to playing it again. But one thing is sure i will always take profits when i feel like i should no matter how good the coin is.

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