Bitcoin Cash technical analysis - Trading education (Consistency)

in bitcoin •  7 years ago 

Hi guys, a little video on trading education here. For this video I use the chart for BCC vs USDT 15 minute candles from Bittrex for a little analysis. I usually only chart altcoins vs BTC but in this case I used UDS tether to buy Bitcoin Cash because I'm out of BTC at the moment.

The purpose of this video is to teach that consistency is the only true key to success, in trading or in any other aspect in life. It doesn't matter how positive or negative your past experience have been, we need to be consistent with those strategies and habits that work best for us.

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Thank you for putting in your time and energy in sharing. I have always been sceptical to the feasibility in succeeding with technical trading as a whole, but you have changed that over the course of past few weeks that I have followed your posts. I have also realized how difficult it is. On my first attempts, without knowing what I am doing, I got the timing wrong on 8 out of 8 attempts. That is the real opportunity! There is no money in anything that is easy. But there is money in doing what is hard. I think a lot of reasonably smart people like myself will enter crypto trading over the coming months and do it wrong, like I did, chasing the candles, buying at the peaks and selling in panic at the bottoms. A level-headed, planned approach works, as you have shown. Will be an exciting 12 months ahead!

  ·  7 years ago Reveal Comment

In this trading world it is very rare to see someone who has honesty, integrity. I came accross mostly spineless people, bots and other junks. Thank you so much dobe you are in the group of rares! Keep up mate.

You sold of your btc?