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RE: BITCOIN - How To Catch a Falling Knife
Great advice. There is so much so so options out there but what you have said sir is spot on. I often get caught up in the smaller charts looking at the bigger picture is the answer. FOMO fear of missing out is the biggest enemy I need to fight of on a daily basis. Also the trap of trying to catch the absolute bottom!! Thanks for the words of wisdom :)
Thank you! It's important to get perspective and keep a cool head. The Big Boyz know how the little fish panic and are quite emotional. At least your only dealing with selling and not short selling.
Don't worry about catching the bottom, if its ready to turn the momentum will carry you. The trade should be easy, don't force it. There is a tool "they" use called reflexivity, in order to whip saw everyone into oblivion, 'they' make money up and down in the stock market. However, Crypto's are a bit different. I will be covering it in an upcoming article.
Good luck with your trading!
Look forward to it cheers.