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Bitcoin has again shot past $4,000 per bitcoin, giving fresh hope after been stuck in a bear market for over a year—the second weekend in a row the bitcoin price has rallied. The bitcoin price has struggled to break out of its long-running bear market so far this year, with investors and traders desperately trying to call a bottom to the tumbling market. But right now it may seem a false alarm since the price has tumbled below $3,900 again. Well, a careful study shows this is only temporary as bitcoin is poised for a steady uphill move. What this means is there is no better time to accumulate bitcoins than now. What do you do after buying? One school of thought says to hold onto for maybe 10 years and cash out when the value moons but that is risky in all ramifications. The safest thing to do so as to take full advantage of the crypto era is to buy as much as possible and then trade to increase your holdings which you would have to use a whole lot of money to acquire if you where strictly a hodler. Find a system that works and after testing, either as strategies or signals, be disciplined enough to stick with it. If you haven’t heard of Mr Mark Hall, i’d be surprised because he has one of the best systems of patterns and signals for trading. He actually taught me most of what i know and i made my first $100,000 using his system in just over 1 year. You can mail Mark on [email protected] Whatsapp:+447482876026 if you need some help and have questions about being a consistently profitable trader
It is simply not possible to scalp 2% or even 1% per day consistently. For example, if you were to take a bankroll of $500 and compound a 2% gain daily from scalping day trades, you would wind up with nearly $987 million dollars in 2 years time from your $500 investment. This is exactly why it was so indisputably obvious to see that Bitconnect was a Ponzi scheme and an outright scam when they promised a delusional 1% per day. The fact is that your 1-3% day trading gains will be balanced out by frequent losses. If I am wrong then I apologize and please teach me your ways because I would love to make just under $1 billion dollars in 2 years off of my $500 investment.
How do you shoot for 1-3% a day? Certainly you have days that you lose that eats away at that percentage greatly.
Just double click anywhere on the screen will bring the RSI
Thanks, great stuff.
Can you confirm do you usually wait for a candle to close above the support line to enter a trade or do you enter based on it reaching the level (like a limit order)? Also when scalping what percentage of a stop loss do you usually use? Thanks
Matt, really enjoy your vids man. Thanks for making them.
I concur! Double click bro… or click the top right corner with the two arrows
i think double click the graph if you lose your indicator !! 😛
It's a coffee time, better to wait, correction might come also
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