Should trades be closed off only when the market is bullish

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Should trades be closed off only when the market is bullish

When the value of Bitcoin increases a lot, we start trading more. Which puts our trade management in jeopardy, during which most of the time people face loss.

What is your experience?

Kevin Sung Answered question September 10, 2024
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When crypto markets are rallying you should be trading more because it’s easier to make money. There are lots of opportunists and as long as you go long you have a better chance at making money.

Compare this to trading bear markets and sideways markets. Those are usually very difficult to trade. So you can trade those less but still have a hard time making money while now you can pretty much buy any meme coin and make great profits.

Reshantha De silva Answered question September 10, 2024
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