Yesterday when Steem was hovering around 0.20 cents I bought some Steem from Binance. The overall market was fairly good. It took a long time to understand this marketing though. I later bought some steem , based on what I understood. And I never thought my prediction would be so accurate. At the time of purchase, I bought at the market price and the buying price was 0.2070. Just then, the market started to move up a little bit, but the move ended after crossing about 0.23 cents. And my target A was at 0.23. Because after going there, the market is as weak as ever. And I didn't want to take any risk.
I am not a professional trader or anything like that but I have become quite accustomed to the market. I can roughly predict the movement of the market. And most of the time it works. For me, it is much better to know when the market will go up and when it will go down than to make a profit by trading. It is much more fun when I see the market going up or down as I say. Being able to predict a market with such a huge market cap is no small matter to me .
Although I am not bragging about myself, but to be honest, trading is not easy at all. And it doesn't happen by everyone. For this trading you have to give infinite practice and deep patience power. Again, there are many types of trading, the shorter the period of trading the more difficult it will be. So if you are new to trading then my advice is to trade in as big a time frame as possible. This will reduce your chances of losing money . But yes, you have to understand the market enough to trade otherwise there will be no steeper feeling than this trading .
So finally let's say something about the price of steem . In fact, it seems to me that if Steem breaks the 0.25 resistance once, it will move to roughly 0.29 cents. And it will be a great opportunity for us. I personally don't want to do it miss . For this I have to manage time for market . Because the way the market is showing the volatility right now, anything can happen at any time.
VOTE @bangla.witness as witness
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