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RE: Bitcoin on CNBC 📺

in #bitcoin6 years ago

Hello friend, I hope you are well, we know that bitcoin is the mother of all the coins on the market, so to speak, I personally think that btc will not go down that much, remember that it has a historical maximum at 4000 and something, I do not know exactly the number really, maybe that could be the floor you're talking about, and then make the rise to 11k, 12k or maybe 15k, and that we close the year there, if you want to trade never do it against the trend and always expect price action, I must say that these last few months have been difficult for us as traders, because the market has been unstable, but well, that's what this is about, good things are coming for all of us friend, it's good to come back to steemit and find a post as great as this!! greetings from Venezuela!. @full-measure

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if you want to trade never do it against the trend and always expect price action, I must say that these last few months have been difficult for us as traders, because the market has been unstable

I would think most traders would say kind of the opposite, not to follow any trend and that volatility is good and where the money is made.

What kind of trading do you do? Maybe you mean "holding" or "investing" rather than trading? (Trading is when you buy and sell short-term and try to time the market.)

When I talk about trading I mean that I only receive signals and invest in them, however, I am also learning more and more every day from technical analysis, my brother knows a little more about it, but I like to follow trends, there is a reason why there are patterns, bullish triangles, bearish, channels and all that. @full-measure

I see I see, that kind of trend, like a trading technique. I was thinking a trend like "whatever is trendy right now" like however people are thinking right now.

Right now the only thing I would recommend would be to translate with the scalping method, because the market is something.... I don't know what to really call it, let's say out of control. @full-measure

the only thing I would recommend would be to translate with the scalping method

I have no idea what that means, so I'll have to pass lol