Crypto Lessons #1

in smartcryptotrader •  7 years ago 

hey guys i wanted to share with you some things and share what i know and kind of do a recap of a lot of the most important things that i've learned, so without further ado let's jump right in

#11.png

everybody is a genius in bull market or when markets basically go straight up but, real traders can not only survive, but actually thrive and make even more money when markets go down, or they become highly volatile .

#21.png

an investment is where you buy low and you hold for the long term expected price appreciation, where trade is where you have a set plan, and you buy and sell expecting to make profit and grow your capital, that you can use to put into investments.

#3 1.png

one market participant meaning : one whale, one investor, one computer algorithm can completely destroy good technical analysis, for example let's say you have a good breakout trade set up tha every technical analysis book agrees is a good trade setup for a breakout trade and let's say one market participant dump five million dollars of this coin right at that time, well that's going to make that breakout trade completely fail .

                                            Thanks for reading! 

We can talk on Steemit.chat ,Thanks for following @chahir99 .

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

very true quotes, good post bro!!

thx mate

anytime!!

The @OriginalWorks bot has determined this post by @chahir99 to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

Please note that this is a BETA version. Feel free to leave a reply if you feel this is an error to help improve accuracy.