Useful TIPS in bearmarket:
I want to told you some tips what you need to use it when the market is turned into a sell off like in 2018
-First of all,it s important to understand the MARKET IS BEAR and will go down more and more untill traders will lose their hope.When traders will lose their hope yes..we will have a nice reversal movement
-Try to catch how much profit you can,for exemple:If you are invested into a coin,and this coin is up with 10% or more close it and catch your profit
-Before you are looking to invest in altcoins all time make a BTC analysis,if BTC will go sideways or will go up you can invest in alts(Invest in altcoins which have strong news)
-Before you are looking to invest in altcoins check greed/fear index must be below 10(which means fear in market=good oportunity to buy)
-Before you are looking to invest in altcoins also check BITCOIN DOMINANCE,if BTC dominance will increase just stay out and watch the market
-When you are investing in altcoins,invest in 3-5 coins max for short-mid term(depend on market situation)
-You need to have some FREE MONEY(BTC and fiat) all time during this bearmarket because capitulation can appear in any second
-Don t invest all your money into a single coin.(You can be stucked for a time,or developers can leave,can be hacked etc)
-During a bearmarket invest more money and time in yourself.Learn,check educative charts/graphs/market psychology
-Sometimes get advice from other traders with more experience
If you are apreciate my work and you want more educative charts/materials. Hit the LIKE and FOLLOW BUTTON
I want to told you some tips what you need to use it when the market is turned into a sell off like in 2018
-First of all,it s important to understand the MARKET IS BEAR and will go down more and more untill traders will lose their hope.When traders will lose their hope yes..we will have a nice reversal movement
-Try to catch how much profit you can,for exemple:If you are invested into a coin,and this coin is up with 10% or more close it and catch your profit
-Before you are looking to invest in altcoins all time make a BTC analysis,if BTC will go sideways or will go up you can invest in alts(Invest in altcoins which have strong news)
-Before you are looking to invest in altcoins check greed/fear index must be below 10(which means fear in market=good oportunity to buy)
-Before you are looking to invest in altcoins also check BITCOIN DOMINANCE,if BTC dominance will increase just stay out and watch the market
-When you are investing in altcoins,invest in 3-5 coins max for short-mid term(depend on market situation)
-You need to have some FREE MONEY(BTC and fiat) all time during this bearmarket because capitulation can appear in any second
-Don t invest all your money into a single coin.(You can be stucked for a time,or developers can leave,can be hacked etc)
-During a bearmarket invest more money and time in yourself.Learn,check educative charts/graphs/market psychology
-Sometimes get advice from other traders with more experience
If you are apreciate my work and you want more educative charts/materials. Hit the LIKE and FOLLOW BUTTON
Trade active
What you learned in this BEARMARKET?Please,leave a comment. Thank you
...aaand don t forget to HIT the LIKE BUTTON
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.