Hello Traders,
As you guys liked the previous educational part so much we decided to continue with that topic.
In picture 1, you can see the interdependence between fear and greed! These characteristics harm us to make good trading decisions and stay calm!
This fact is purely based on behaviour finance! This matter of fact is not only within the trader, it...
Few people realize it, but the cryptocurrency markets have already topped.
Bitcoin is currently bouncing back to the $4,500 area, at which point big money bottom accumulators, who were taken by surprise by the recent aggressive dumps, will proceed to exit their positions by selling Bitcoin as well as other cryptocurrencies such as Ethereum.
This will create a...
Above I have listed the multiple stages of a trade.
A lot of the time it starts with a great buy, which leads to a logical selling point.
Rarely do people go through with this.
Why? because humans are full of emotion, which a lot of the time will get the best of us.
Even though that sell order should be placed, GREED takes over. We hold on just a while longer...
The dumps are coming.
Bitcoin has only one thing left going for it: the halving on July 16, 2016. Post-halving, there is nothing holding the dumps back.
Coinbase, the most bullish bitcoin company to ever exist, is now betting that Ether will overtake Bitcoin in the near future. medium.com
I am SHORT on Whaleclub: whaleclub.co
My past trades:
LONG 415.54...
