REFLECTIONS ON THE CRIPTOCURRENCY TRADING
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The cryptocurrencyes world is a very volatile area where we are in time with many ups and downs.
Reading articles on the internet I found some reflections on Facebook author called Wolf Billy, I would like to then share it with you:
If you're new to the world of the criptocurrency it is normal to be scared when you see drops of more than 20% in the market capitalization of any cryptocurrency. But surely you have also entered this world by the current high profitability of the sector, and have read, written or cried many times "TO THE MOON" and the like, so if you're not willing to endure a - 30% should not wait + 600%. This is an ecosystem and as such should be sustainable, so that it is sustainable, good projects survive, the bad ones, end up disappearing, but when you go into panic and sold for no apparent reason, only to see a small fall in the value of your cryptocurrency preferred, not only lose you selling at losses, but also affects the marketcap and that causes that continue falling (temporarily) the value of the currency.
That is why, you must stop being sensationalist, alarmist, or a "hysterical," giving the "SELL" button just because in a Facebook group you've read X, just as you should not go crazy giving it to "BUY" only because John McAffe publish a tweet.
Everything that rises, low, but you can rest assured, is a very new, and with great potential market, and is still much to grow. You must be proud, because you're still an early adopter, is in your hands to publicize the blockchain technology, and decentralized projects, so that they are accessible to everyone, so the ecosystem continue to evolve, enter new investments, and strong projects are carried out.
Being criptoinvestor is not only buy something that history is unknown and wait for that raise value x 10, x 100 or x 1000, criptoinvestor is much, much more, as you learn, you must train you, you learn, you lose, you must win, you should know when hold the market puts you to the test and must learn to be skilled in your movements and learn to sail against the tide. So don't panic, relax, browse, and enjoy your small boat slicing through the waves of the whales, that this is not the end of anything, this is just the beginning of something that will change the global economy forever. If you like, feel free to share it where and as you like.
Posted on Facebook by Wolf Billy.
God bless you.
There are certainly a great many trades this season that have been profitable and anyone could've taken, many more are still coming.
Check out this projected movement for BTS over the next two weeks with moving to 3x its current price.
-The Beached Whale-
Editor in Chief - The Anderson Report
Wow
Thank you for this post - it was useful to me. I am the one of new crypto enthusiast .
thanks for reading. Trading is a nice job. i follow you
Awesome post and upvote/follow. So many people rely on external information to make trade decisions which is the worst thing someone can do. People always look to offset the blame to someone else instead of looking in the mirror. I always tell people do you own research and depend on your own calls not someone else.
thanks for reading. I fllow you to share information about trading
There are really so many new people into crypto who lose daily lots of money because of that reason > They use Facebook and twitter as their financial investor ! They dont even read or know in what they are investing their money...
agree with you
Nice Post.
Here is my new post for new comers in crypto technical analysis.
check this out/
https://steemit.com/crypto/@asifgoraya123/japanese-candle-sticks-learn-technical-analysis-and-other-info
i follow you
Thanks Friend. I Followed You Back
Really good stuff in there ‘
Thanks for some good insight ..
If you will stop sailing because of doubt then how will you know that you can reach to your distanation? Don’t be panic instead think what you do to make it better. Thanks @miguelalonso1.
agree with you thanks i follow you
trAding is good job
calling @originalworks
Hi, I have one question, I installed IQ Orion, to trade cryptocurrensy, do you know this application, and if you do, how it turned out?
Thanks for your reply...
no i use tradinview. thanks for the information i m going to investigate
You're welcome,thank you too.
This post has received gratitude of 0.44 % from @appreciator thanks to: @miguelalonso1.
excelent post. ;-)