If you are in crypto for longer time, you probably remember when community was buying on news! After some partnership or any other update, price would spike up!
But, time flies and we are now in 2018!
I can guarantee you that buying the news will make you millionaire but only if you are are billionaire!
In crypto, you have to be ready to adapt very fast to the current situation! I am changing my trading strategy maybe few times in A MONTH! Of course, it is not a big change but you have to follow the trend in order to make profitable trades!
That's why I am getting messages sometimes why I am changing plans, it is not so professional and so on! You have to understand that this is the fastest growing industry and if you are not fast enough to follow it then find something slower
That's why I hope you will adapt to my trend so we can together follow the market!
That's why, if you are trading on TA, buying the news won't help you a lot!
Now, general rule is buy the rumor, sell the news!
Best example of this was XVG! It was pumped on rumor and dumped on news!
Do not get me wrong, I do not hate XVG! Yesterdays partnership could be better but even partnership with Pornhub will bring something good! But, I will stick to my words and it is more negative than positive but at least we are adopted somewhere!
The only coin or project that I hate is XRP! All other project I like! Of course, I have my favorites but as I said I hate do not support only XRP! But not supporting doesn't mean not trading it! If I find good entry I will make profit but as a project I do not like it and I think everybody has their own right to express their own opinion! Maybe you hate BTC and that's okay, it is your opinion maybe I do not support it but I do respect for sure!
So, back on topic, from now my suggestion for you for all upcoming similar updates, follow the same rule! If you didn't buy on rumor, do not buy on news!
But, again, you can't put all updates in some basket! Some of them will be there for long time for example wallet release could bring hype even after update, or if they partner with big company it can bring masses so do not be close-minded! Whenever you take a trade, think about future! What could happen if we get big company as a partner, what could happen if we get a small local company and see if you have enough reasons to take a trade! If you have, then take it but if you do not, STAY AWAY from that trade and move one!
Experts are taking 2-3 trades per month but they are making more than you? They are not forcing themselves to take a position! Most of you can't even be 24 hours without trading and being patient doesn't mean only holding losing position! It means waiting for the right time to take the right one!
Guys, write these words down and read them because sometimes we lose ourselves because of bunch info in our minds! Help your mind, write it down and you have one less thing you have to remember! Just read it every day and you will stay patient and you will see that it is going better day by day!
If you like MY posts, if you like My work, you can invite YOUR friends to join and help us grow ...
Hi, buddy
This is much better posts than your regular updates. At least there is some content worth reading.
Let me suggest something that may help your readers a lot. You should justify your posts.
The difference will be huge. Just like on picture below:
You can find it explained quite well here:
https://steemit.com/html/@dyrits/steem-it-1-how-to-justify-your-text
and obviously upvoted :)
Yours, Piotr
Whya are you so much against ripple?
xrp is not crypto in a sense that is is centralised...that is also the reason why banks love it...
it takes away the essence or crypto being centralised...that is why
that is very good point Ivan,
nu de crypto terug een langzame gang naar detop terug hebben ingezet....wat is de coin waar we zouden moeten investeren?
XVG (Verge) downward channel still intact! We are waiting till 0.00000740-50 to buy dip
Eos almost nine euro but still nice...
steem :goes back to at least 5 to 7 dollar
a lot of news about MTL
and the rest are as everybody know eth / neo / sc /
those are a few that have my attention
greetz
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