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If we make a loss in a trade, then immediately we enter into a new trade to cover the previous trade loss. When we open a new trade Without Technical Analysis then again that trade also closed in loss too.
And when profit is made from the trade in the same way, then immediately we trade at the same time to take more profit. A profit in the next trade turns into a loss.
To avoid loss, the first thing you have to do is to control your emotions
If We Make A Loss In A Trade, We Immediately Enter A New Trade To Cover The Loss When We Without Investigation Open A New Trade Then The Take A Loss In That Too And When Profit Is Made In The Same Way, Then We Trade At The Same Time To Take More Profit. A Profit In The Next Trade Turns Into A Loss To Avoid Loss, The First Thing You Have To Do Is To Control Your Emotions. If You Control Your Emotions , Then Only You Can Become A Successful Trader
How Do We Control Our Emotions ?
After A Trade Relax A Little Bit. Eat Whatever You Like, Have A Coffee Or Tea. Spend Some Time With Your Family. Then Move On To Your Next Trade. If You Can't Control Your Emotions, Then You Are Doing Gambling Not Trading
Over $1.02 billion liquidated from the crypto market in the last 24 hour, according to Coinglass
That is some real crash - we were discussing about $25k in today video whales would love to hit this target to panic everyone in crypto and here you go whales just want to test all our patience with this bear season .
Let's see and hope this $25k on Spot don't break as quick as this crash ! As if we go down then these levels then lot more blood will be there on streets !
One of Reason for dump can be - SPACEX SELLING THEIR BITCOIN worth approx $373M !
IAM COMPLETELY BEARISH NOW AS I PREDICTED ABOUT THIS DUMP IN MY PREVIOUS POSTS
When choosing altcoins for Trading, we recommend paying attention to the following Indicators:
1. Market Capitalization
If project is Currently valued high, that's not everything: it's worth paying attention to historical metrics - has the market Capitalization fallen before?
If so, demand for the Token decreases. You can check the Metric on Coinmarketcap on the page of a particular coin.
Boom š„³ Snx keeps dropping beautifully. We had 16% drop from our last analysis and it's going. Pay yourself and let the rest of the position to keep growing.š
As Of Now Iam Of The Market As This Was August Month And Upcoming Month Was September Which Was A Very Bad Month For Crypto So That's Why In September Month Bitcoin May Reach 24K$ Before Start A New Rally.