#Bitcoin I think we may see this happening next week with t | CRYPTO MECHANIC på Binance Square

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#Bitcoin
I think we may see this happening next week with the #Fomc release.
Sharp drop to liquidate late longs followed by quick recovery.
#Btc

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If you're starting trading it's very possible that you're going to lose money for a long period . you're looking for a career that pays a lot of money, everyone who is trading wants to make a lot of money. But remember that you're competing against very smart people and it's Essentially a zero sum game. You're trying to take money from these smart people who are trying to take money from you and when you start trading you are going to lose and they're going to win. That's because you didn't prepare for it, you don't have any mentor, you didn't read any book, you didn't watch any educational video you just signed up deposited money and started trading. You think this is the right way to win from smart people? I don't think so. if you learn before you start, you have discipline , you're careful and you learn how to be objective and you try not to be greedy. You can beat these smart people trying to take money from you.

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I got into trading 8 years ago. How about you?

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$DOGS struggling to break above that zone $0.0012 As long as it doesn't hold above it, i don't see anything bullish on this chart.

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Many traders are stuck in a losing cycle, simply because they cannot resist their FOMO. They see a move and look to jump in out of fear they'll miss out. True trading is when you make a plan and you wait for it to play out. Make a Plan and Follow It You start every day by making a plan. If the market does X, I will do Y. Yet the market ends up making a massive move that you didn't plan for and you go FOMO. RELAX! Not every move is your move! Just because the market moved doesn't mean you have to be in. Your plan will not always play out. But the times it does - you make money!

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Bitcoin Down another $5000 since i decided not to touch it. Like i always say, Trading is all about the right timing. Let the bears have their time.

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