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RE: Bitcoin (BTC) Mid-Day Update: Precisiont HIT of Downside Elliott Wave Targets!! THIS IS THE POWER OF TECHNICAL ANALYSIS!!!

in #bitcoin7 years ago

I love your Zen of trading advice because being pure in technicals or any strategy, well that's what zen of trading is to me. I am still working on which wallets, platforms, portfolio strategy I am comfortable working with. I could've easily sold the top completely had I not suffered 3rd party losses in the past and had some trust. I only trust bittrex with a bit.. don't even trust gdax.. swapping some eth for btc and when btc bottoms I will swap back ... I think since I like to hodl maybe I need to use leverage to hedge the volatility.

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The thing about leverage is....it's not yours. It's the loan sharks leveraging you. The only real hedging you can do is to always be on your learning game, and always studying more to learn more, and stop listening to the hype. What you are seeing in this blog is pure and whole. That does not mean follow it blindly, but learn from it. I have studied many many strategies, and I have never found a better teacher or TA than haejin. Yes, I'm a cheerleader. I am because he has taught me to make profits in a realm that I was not previously profiting regularly in. Wallets and platforms certainly make your life in trading easier or harder, but they will not solve any issue with losing funds in the market. If you are a hodler, then consider moving your money into the very promising coins that haejin has shown over the last few weeks to have enormous potential through 2018. Your percentage gains will trump anything bitcoin will do for you, assuming you don't own thousands of bitcoins. Patience is not a virtue here, it is absolutely a demand here if you want to be successful. That is patience in your coins, patience in your decisions, but mostly patience in your learning curve. Once you have patiently and more wholly learned the techniques displayed here, your confidence for the other types of patience will be through the roof. Your worry will leave you, because you have done the hard work to get to the point where you can trust that you are making the right move at the right time.

Well said. Hopefully many will follow the advice and knowledge you have gained from haejin.