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RE: Bitshares (BTS): Is this Just a Bounce? Keep an Eye on Bitcoin!

in #bitcoin • 7 years ago

please explain? I suck at trying to obtain more coins lol.... I swear it looks like its about to drop so I sell it and try to get lower.... it doesnt drop 😥. Then when I buy back and hold less it starts to drop lol.

How have you been able to get more?
Simply day trading it? buy the dip and sell the spike?

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You should watch @haejin ‘s Elliott Wave tutorials he has posted at the bottom of his videos. They explain a lot and have helped me a lot when it comes to predicting price movement

thank you. I do watch them and I have the books. i am doing pretty well but on the shorter term trading I cant seem to get a good understanding. like day trading using Elliot waves. it seems that its not as accurate.
What do you think?

Don’t day trade, just swing trade, that’s my advice. It’s too hard to time cryptocurrencies from being so viotile

Day trading is impossible!! Extend your timeframe !! Look for C bottoms then HODL for profits!!

@ryan313 and @bitshareboy
But, but, I get so bored!
any hobby suggestions? I wish I could go to some crypto events or something. I work from my computer but all my friends work day jobs lol. So I have nothing to do but day trade when I am bored. aka loose money

Write detailed blog posts about your fears and thoughts, and why you make one or other decision. How it relates to the theory in books and what scenarious can happened and your actions.

I have the same problem even if I am trading while doing my day job. It is a really bad habit. Take some time to plan a solid strategy for the next months and do your day trading in a paper trading account. If your paper trading looks better you can switch back ;)

If you want to day trade, definitely check out https://steemit.com/@philakonecrypto He both swing trades and day trades. He's super transparent and has a lot of tutorials, live trading videos... etc. He uses EW, trendlines with RSI and MACD.

Buy feezcoin lol