--> Today we'll talk about the Crypto market.
There are some points to be in your mind if you wanna work with crypto:
1- History repeats itself, This is the base principle of Technical Analysis, because whenever we do technical analysis of the chart the same principle is adopted in all those patterns that, "when this happened then it was so, and when that happens then it will be sothat same principle is also applied for the markets like stock market.
2- At the beginning of the stock market people were delayed in understanding it but as people understood it, they started taking advantage of it.
3- More people make profit.more people get attracted,more people joined.more profit gained, more profit gained.more greedy people get, more greedy people get.more evil people get, and when things get started to goes wrong people start to blame the market.But what's the fault of the market in all of that. Remember market is Supreme.You can't say that whether he's right or wrong, but its you.
4- You are the one who gambled his money, you are the one who gets greedy and you are the one who didn't use his brain, admit that because this is the first step to your success.
5- You made mistakes so you got punished. Now what? Will you quit and start blaming the market, or will you turn your punishment into your prize.
6- If luck gives you a lemon make its lemon juice", by Dale Carnegie.
7- Learn from your mistakes and turn them into your success.
8- Remember whatever happened to stock market that will be also happen with the Crypto market. Crypto market has just started emerging so far, there's a lot to be left in it.We should consider ourselves lucky, because we are the very first people to join this Revolution.
9- Now the major difference between stock market and Crypto ecosystem is their speed.
10- There is a "Wheel of Time" for everything in this Universe. It's like the flow of waves which connects everything in the Universe.After a really long experience and continue trading and learning, traders catch🌏 that flow.An experienced and successful trader will find himself connected to the market. He can easily predict the market with that.The TimeWheel speed is not same for everything, it has different velocity for each and everything and moment. Just like that stock market and Crypto ecosystem has their own TimeWheel.
11- Remember that time when people don't trade in the stock market from a computer or a mobile app. In those days the TimeWheel of stock market was very slow. But since the arrival of the Internet this wheel started moving very fast. Pump&Dump started to grow faster.
12- Those who first adopted this technology they took the most advantage, and this was a tremendous impact that, the stock market trading in the whole world today cannot be without the Internet.
13- Similar story is of our own Bitcoin. Which is made by some peoples just like you and me to prove something. Why? because they are the first, just like you are the first.
14- Nakamoto butterflies fluttered some feathers which brought a storm in the whole world economy.Today every one of us has been touched by that Butterfly Effect.
15- What something you need right now? Just to understand the TimeWheel. Remember you have never to be late TimeWheel of Crypto is much more faster.
16- Those who bought $1 Bitcoin before 8 years, they understood what I am talking about.
17- Crypto trading is like an Angry River with a torrential flow, here only Whales can survive small fish can't swim here. But small fish can wait for sure, in a silent corner for drifting down the flow. Since the drift is not always the same.
I hope you understand what I am trying to say, think deeply about it.