Bullish on Bitcoin. pull-backs are a gift to buy its dip, if & when bear market occurs, wait for 50-70 % drop from its ath to make an almost risk free profits.
$XRP $BTC Someone followed my copy trade profile couple of days ago. but closed it yesterday, what can I say ? you missed today brother Anyway, more than half of my annual target achieved within two months. hamdulla
especially those who copy my lead profile hope you are well. for those who joined recently and did not catch the early huge wins please be patient, Good things will come to those who wait.
There is two ways you can handle bitcoin movements you decide which is more comfortable for you or suits you best.
Imagine two people bought 1 BTC each in 2017. let us name the first one James ( he is the holder ) the second one Abrahim ( he is the trader ).
Abrahim decides to sell on any 20% deep drop that happens within certain amount of days. he sells not at ATH 19k as he is not forecaster but at 15k. buys back at 5k .. now he has 3 btc
this is repeated on the 60k mark he sells after deep drop from the 69k, buys back at 20k .. he now has 9 btc sitting at current mark 100k with a total of 900k $ .. as compared to 1 btc for James.
moral of the story: if you have an investor mentality then buy and hold. selling will depend on your personal preferences. a trader's perspective is to be more involved in the price action and the movement of the market structure. no one here is more right than the other, it differs mainly however, in profit and effort wise. $BTC
Today there are several important news NFP non farm payroll numbers anticipated at 218k unemployment rate (MoM) Nov. anticipated at 4.1% Average Hourly Earnings (Mom) Nov. anticipated at 0.3%
Fellow traders, there is going to be extremely high volatility especially to anything that is paired with USD currency. Be careful how you trade this, and if you have not traded such volatile times then it would be wise to just stay away from it. Good luck $BTC
Bitcoin crossed 100,000 $ for the first time. what a huge milestone. There were many who were doubting this, and I am proud to say I have convinced a lot of people especially those surrounding me into buying early on.
In my humble opinion bitcoin is the most important crypto. A solid and strong portfolio has minimum 30% as btc.
Anyone who would like to join my lead in this profile you are more than welcome. please keep in mind not to close quickly, as you can see the numbers are up.
64% gain on account
within less than 90 days
spot trading and not futures or using leverage,
meaning safer on your equity, and higher consistency.
So now basically anyone who wants to pump up his coin or any asset that is messed up in his profile, simply states that U.S. president Trump owns a huge amount of it.
Stop the fake information, if you just apply the same time and effort to acquire knowledge on the market, do research successful strategies and apply them thoroughly.
Believe you me, you would be in a much better shape. and if not RIGHT now, then may be later on, but at least you would be honest about it.
$BTC There are multiple factors that define a trade's success. Timing ( be it entry / exit ) volume ( how much money you are willing to risk ) Management ( i.e. whether or not you use risk to reward ratio ) some would argue that the most important is your emotions and not analysis. Even though it is true, humans are extremely emotional beings, one bad sizing and you are out of your trade, one bad timing you may think the market is out there to get you. and if both occur at the same time using high volume trading, plus the inaccurate entry, you may even get liquidated. so what to do ?
the answer is actually quite simple. use strict RISK MANAGEMENT. This would extremely enhance your chances of success and push you to being a better trader.
Remember guys keep your eyes on ETH as well, it is lagging true, but it will make moves. so will XRP XLM and ADA. But like always BTC is King of crypto$BTC $ETH $XRP