Willing to buy my own bag ( that I sold in June ) if it stays above the downtrend-line.
WHAT I LEARNT 2 YEARS OF TRADING IN THIS CRYPTO MARKET!
1) Never forget 20 / 80 rule. 80 % traders lost money to 20 % to traders / investors
2) Trend is your friend. Don’t fight with it!
3 ) Buy coins/ stocks as much as you can track easily. If you are comfortable to track 10 coins, Then You should buy max 10 coins not more!
I read 20+ books, I examined stock tables, I inspected thousands of charts. As I studied them I began to learn things about crypto / stock movements which I had not seen before. I started to realize that crypto movements were not completely haphazard. Crypto did not fly like balloon in any direction. As if attracted by a magnet, they had a defined upward or downward trend, which, once established, tended to continue. Within this trend stocks moved in a series of frames, or what I began to call "BOXES".
I just kept saying this crypto cannot go down any further. I did not know what I learned later, that there is no such thing as cannot in the market.
This experience, as I see it, was an important turning point of my trading career.
Target? The charts speaks itself!