Being a pro trader entails:
- Spotting high probability opportunities
- Taking advantage of accumulation cycles
- Having PATIENCE
- Selling during the distribution cycle
Trading Altcoins is so profitable right away, because it is the only market where 99.8% of the participants have absolutely no clue as to what they are doing,LOLZ .Which means that there is the small minority that consistently makes money. Again, and again.
It’s JUST like in a betting game among a number of participants is played long enough, eventually one player will have all the money. If there is any co-operation, Intel or strategy involved, it will accelerate the process of concentrating all the stakes in an amount hands.
Lucky for you guys, being a professional participant in this market is merely a choice. And whenever you buy a coin lucky of the market, you are choosing to remain an unprofessional trader. Conversely, at all you grant a coin during the accumulation phase – you are definately choosing to win.
So the choice is yours.
With everything said, I must state: The traders who are successful in this market aren’t the ones who spend the entire day sitting in front of the screen trying to catch just mere 10% handle coins that are yield severely marked up rates.
The traders that win consistently do their homework(proper analysis),such as:what to buy,is it the right coin and is it the apparent time to buy. Before the start of each month, week and day – they already know what they are going to buy and what they are going to sell.
They acknowledge coins during the accumulation phase of the price cycle, which allows them to dictate their own prices when it comes time to distribute their holdings to the rest of the market.In essence, whilst most novice traders “trade the market”, whereas the pro traders “make the market”.Professional trading is understanding the difference between wholesale and retail prices.
thanks for reading.
credits:culled from pumperspick
GOODLUCK!!!
Source: http://pumperspicks.com/ultimate-altcoin-buying-strategy/
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