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RE: Why You SHOULDN'T Take Trading Advice From Anyone, Not Even Your Husband...

in #bitcoin8 years ago

Whatever coin you find interesting, do more research on it. If you think that coin has a solid future use, then that's a good bet. In the end, it should be your decision. And it's true that the markets move with the sentiments and maybe that's what Suppoman is trying to do. But he alone, and a few of his students can't move the markets alone. If we are talking about moving markets, we are talking about millions of dollars. If you have millions of dollars, then yes you can move the market alone like how Ethereum prices went down to a few cents when Status ICO cashed out their Ethereum on GDAX. The thing with trading is that you wanna buy low and sell high. That sounds like common sense, but people usually chase the hype and with the fear of missing out, they usually buy high. This weekend's dip was a good opportunity to make some profit, the markets look like they are recovering now. But we are at the crossroads right now, either we will see another high with cryptocurrencies or the beginning of the bear trend in a few weeks. Okay I'm done with my rant lol. Enough steemit for me today :D

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I think thats what happened is I bought high without realising after value increased... I need to do some more research into what this bear trend is :)
Hope you had a good weekend!!thanks so much @kryptokinghtk thats really helpful

You don't have to find crypto related trading courses, you can even look up how to trade in the real stock market and it's pretty similar except crypto markets have wilder swings than regular "fiat" markets. The concept is same. It's all about reading the chart right. Hope it helped :)