Trading 101: Why you don't PANIC SELL.
Bitcoin is on steroid folks. The big daddy of crypto bounced over 30% in less than 4 days, gaining almost a $1000 back and leaving many scared dumpers shirtless.
Let's this be the perfect time to quickly remind new traders of the MOST fundamental rules for profitable trading:
Buy low and sell high.
Buy the red, not the green.
Don't panic sell.
Sell into strength.
Trading is being a contrarian and going against your instincts.
Compare...
In terms of price, I have some orders set at $3000 but, just in case something goes wrong, I am going to start scaling out in some cash and sell into strength along the way in the few days we have before Segwit gets locked in.
Prepare for a rocket launch if Segwitx2 is deployed without drama.
You can read more about my game-plan leading up to the Segwit fork here.
This has been a great week so far :)
Trade safe guys, and please follow and upvote if you like the content.
Dan @tradealert
Buy. the. dips.
Correct :D
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STOPThanks Bot!
Hi @tradealert . I couldn't agree more with what you posted. Check my most recent post out and see if you agree. I'd love some feedback.
Checking it out now @dmann884,
Feel free to read my older posts, I share loads of profitable strategies for traders and follow if you like what you see :)
Following your progress.
Thanks @dianadee, the blog is growing slowly but steadily, feel free to check out my old content and welcome on board!