When I was training my sales team, I was teaching them the strategy of KISS!
KEEP IT SUPER SIMPLE. There is no difference in trading.
Let me tell you what you need;
Trend lines, Moving Averages, RSI ,Chart patterns, BB and some cool icons! That's all.
Don't confuse your mind with over hundred indicators that you don't understand how it works.
I am not saying that if you study price action and volume, discarding all other factors, you can get always 100% positive results but you will get a great result for the time you put in your trading / investing.
I sometimes just kept saying this coin cannot go down any further. I did not know what I learned later, that there is no such thing as cannot in the market!!!
Dec 2018 on Twitter, All Verge followers were saying that XVG hit $1 soon! Thanks to John McAfee!
His tweet was on Dec 14, 2017 : I included Verge (XVG) because it is a legitimate privacy coin and it is also selling for less than three cents. If you know investing, you know that it is easier for a 3 cent coin to go to 3 dollars, than it is for a $300 dollar coin to go to $30,000
it made an incredible move! Verge won the award for the biggest gains of 2017 at a whopping 1,581,942% peak gain.
So what? 90 % people lost money on XVG. WHY?
1 )They didnt know TA
2 ) They didnt know how to take profit
3 ) They were just blindly waiting Lamborghini !
In a bull market, Everyone is genius. They think They know everything.
When the bear market comes, It took everything ! Not just the profit !!!
When I first met with XVG in May 2017 , He was a pump baby. No one was expecting anything from him to break all the records . I was also not optimistic about him until John Mcafee promotes him . Most of you already know the rest of the story.
What is next? It is so close break the downtrend-line line, After losing 98% value. As long as it is above the support line, We can target the next resistance levels. Otherwise, It will lose 20 - 70 % value !
I bought a huge bag of XVG at 180 satoshi with a stop loss. Let's see how it goes!