here Over time you will notice the trend of how most altcoins crash when Bitcoin moves. You'll read advice here with people telling you you should've know would happen, and you'll feel like you could have done better.
Well it is true that you can play around BTC fluctuations like this, but only do it when you're really sure. You can make a lot of money by just getting out of your alts before a big crypto announcement and then getting back in afterwards. But don't take the comments here to heart when people tell you how much better you could've done. All you really gotta do is be patient for good buying points and hold until moon. Don't get down on yourself cause a random BTC fluctuations made you lose sats, it's better and less involved anyways to just have faith in your positions so when it dips for no good reason just get greedy and buy more
Cameron Martinez
RSI, EMA, MACD is not enough to make it. Read up on elliot wave, read up on gann, read up on wyckoff, check other indicators, learn classical patterns, learn harmonics, read up on cycles, then you will understand how the markets move. Then look for the high probability spots. TA is a study like any other.
Josiah Torres
>post helpful advice for how to make money in bull and bear market (aside from obvious buy low sell high) ok but this is how you make the money. look at the btc chart for almost every shitcoin
Ian Perry
thanks for the advice everyone also can i ask you if you trade shitcoins or just big ones like BTC and what success rate does your secret strat have
Main thing is to always have financial streams coming in. I have a bunch of investments that return money every day and I have a bunch of side businesses/hustles which I use for more investments.
Just keep building user. Like Warren Buffet said, financial markets are about the patient taking money from the impatient.
For me, I just buy up young projects that look like they're going to promising and wait. Just doing that has been life changing. Since that, I've also been getting into real estate and what not. Once you have a good understanding of economics, you can apply it to virtually anything.
Also the more energy you put into your game, the easier it will become.
W/L is about 59/41 and RP is about 1.33 right now.
Ryder Butler
I don't agree with most of what I'm reading in this thread but I don't want to imply the experiences of others aren't real. I believe it's a very personal thing and people feel territorial about it in some way. Think about from where you're strong and start playing from that, try to keep some kind of journal. I don't believe it's ever too late whatever the amount.
RP is your risk to profit ratio. So 1.33 could mean that for every 4% gain I hope to get I'm risking 3% of my portfolio. 4/3 = 1.33
Tyler Ramirez
You can make it with $500 if you go all in on good coins with your stack and sell on pumps, don't get greedy is the #1 most important advice I can give. Set targets for sell orders, otherwise on pumps you will get greedy and end up bagholding