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$$$ The Trend is your Friend $$$
9 months ago
4
Finance & Crypto
tradingtips
forex
crypto
investing
daytrading
bitcoin
nft
tradingcourse
futures
passiveincome
The trend is your friend—this cannot be overstated.
.
Once you identify the market's direction, trade accordingly. If the market is going up, buy. If it's going down, sell.
.
Right now, Bitcoin is extremely bullish. Why not wait for a correction to jump in and buy?
.
My thesis, whether right or wrong, is that markets will remain bullish over the next 18 to 24 months. Therefore, most of the opportunities I consider involve buying.
.
I rarely go against a moving freight train, as we all know how that can end if we're not careful. When I do, I rely on multiple confirmations and use a tight stop-loss to protect myself if the market moves against me.
.
Enjoy this bullish period, and always trade with the mindset of being able to trade another day. 👊🏼🙏🏼
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