On pullbacks you have to increase the quantity, not book it, and put SL always on recent pull backs or Dips. Keep a trail SL also along with it, just to be cautious, because most of you are new here, and haven't seen a blood bath here in crypto.
HotRice
--
$LTC $BTC Guys as a word of discipline and caution, dont get too excited about these pumps and sudden buying. It can be a bull trap. If you will get too excited then on a small pull back even, you will also fear alot then and book the amount when it has to go 2 times more up than that.
Enter with small quantity, hold and put SL below, dont sell, just watch first.
You might not like this and just want to get too excited, but thats not discipline, what if it is a fake pump and then it goes down? Then you will blame that whale manipulated us.
Please, if you keep an SL below, just give the risked amount thats all, you will atleast be happy that you didnt fall for the trap.
And if its not a trap, its a good buying, you have atleast some entered quantity, increase the quantity slowly as you go up, dont buy suddenly too much.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.