Is it the beginning of the end or the end of the beginning? #6My objective isn’t to buy at the cheapest price or near the low, but to begin buying at exactly the right time, when your chances for success are greatest. This means that you have to learn to wait for a stock to move up and trade at your buy point before you make an initial commitment. If you work and cannot watch the market constantly, small quote devices or quotes available on cell phones and Web sites will help you stay on top of potential breakout points.
I 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 crypto market.
When the break came almost all of the cryptocurrencies had been hurt or fractured. It was now a question of estimating how sick the coins were and how long their sickness would last. I reasoned that if a coin has fallen from 850 to 200, it will almost certainly not climb up to the same high again for a long, long time. It was like an athlete with a badly injured leg who would need a long period of recuperation before he could run and jump again as before.
Should I buy $mana at the strongest support level since 2018? Yes.
Should I sell #mana when the strongest level is broken with a loss? Yes.
How much should I invest it? The first thing I would say is always bet less than 5 percent of your money on any one idea. That way you can be wrong more than twenty times; it will take you a long time to lose your money. I would emphasize that the 5 percent applies to one idea. If you take a long position in two different related grain markets, that is still one idea.
The next thing I would advise is to always use stops. I mean actually put them in, because that commits you to get out at a certain point.
One day, I made a particularly bad trade and lost about $3000. Since I only had about $30,000, that was a very big loss and it was destabilizing. I then compounded the error by reversing my original position and losing again. To top things off, I then reversed back to my original position and lost a third time. By the end of the day, I had lost $10,000, or one-third of my entire capitalization. Since then, I have learned that when you have a destabilizing loss, get out, go home, take a nap, do something, but put a little time between that and your next decision. When you are getting beat to death, get your head out of the mixer. Looking back, I realized that if I had had a trading rule about losses, I wouldn't have had that traumatic experience.
Don't be a hero. Don't have an ego. Always question yourself and your ability . Don't ever feel that you are very good. The second you do, you are dead.
In the crypto market, and success has nothing to do with being lucky. You have to study and prepare yourself so that you can become successful on your own with your investing. So make yourself more knowledgeable. It isn’t easy at first, but it can be very rewarding. Anyone can learn to do it. You can do it. Believe in your ability to learn.
TARGET? The charts speaks itself!
*** Converted from Premium to Pro + , The signature ( my twitter link gave an error ) That's why The idea is hidden from the public. Re submitting.
MANABTC trade ideas
[MANABTC](182%) Decentraland Long Term (865%+ Profits Potential)I remember Decentraland (MANABTC) in a time when the entire cryptocurrency market was strongly bullish and generating great profits and seeing this altcoin generate over 500%.
From January '17 to July '18, MANABTC reached up to 940% profits.
Here we are looking a the potential of an upcoming bullish wave in the long term that can generate over 865% profits, based on Fibonacci proportions.
Shorter-term, MANABTC is looking ready to move:
Here is our trade signal for this pair, hoping you collect great profits...
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Trade: Decentraland (MANABTC)
BUY: 0.00000670 – 0.00000730
NEXT SUPPORT: 0.00000600
TARGET:
(1) 0.00000910
(2) 0.00001130
(3) 0.00001280
(4) 0.00001470
(5) 0.00001640
(6) 0.00001820
(7) 0.00002030
PROFITS POTENTIAL: 182%
(Buy calculated at 0.00000720)
STOP: Close weekly below 0.00000500.
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This altcoin can be bought with long term gains in mind...
This is not financial advice.
Thanks a lot for reading.
Namaste.
MANA, NO VENDER, SER HOLD ES DIFICILBueno, al parecer un mal dia para las alt coins, pero lo importante es ver que esta sucediendo en plazos cortos. Observar las tendencias en plazos cortos como en 4horas ayuda a entender que esta pasando en el chart diario, siempre es bueno poner la lupa a nivel "molecular" para entender como se comporta una materia. En fin, claramente se ve que el diario en este momento esta sufriendo una bajada, tipico de ciclo, en este caso ciclo alsista dado que la trendline de soporte o neckline aun no fue rota y esta en posicion ascendente. Simplemente hacer hold y esperar las proyecciones futuras en mi caso ya lo e hecho con esta monda en otros charts ( puedes verlo mas abajo ) aun tienes tiempo de comprar y sacar grandes beneficios.
KRANEO10
SOLO EL EXITO ME CONFORMA