Should trades be closed off only when the market is bullish
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
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