My rule when playing Altcoins is very simple:
1. Don’t block the train.
2. Still, don’t block the train.
3. Find a way to catch a ride onto the train.
When Altcoins have entered a strong uptrend, don’t try to guess the top just because you see “it has increased a lot.” The market doesn’t care whether you think it’s already high.
Instead of standing at the front of the train to prove you’re right, I choose to wait for a good pullback, manage risk, and move along with the direction of the money flow.
Entry is only a point in the past. The new trend is what determines how far you can go.
Don’t block the train.
Get on the train.#btc
1. Don’t block the train.
2. Still, don’t block the train.
3. Find a way to catch a ride onto the train.
When Altcoins have entered a strong uptrend, don’t try to guess the top just because you see “it has increased a lot.” The market doesn’t care whether you think it’s already high.
Instead of standing at the front of the train to prove you’re right, I choose to wait for a good pullback, manage risk, and move along with the direction of the money flow.
Entry is only a point in the past. The new trend is what determines how far you can go.
Don’t block the train.
Get on the train.#btc