Crypto trading as we know can be frustratingly difficult to maintain steady profits. Some may say it's because of "its nascency", others due to the "constant fluctuating price of Bitcoin (the chief crypto)", another school of thought puts the blame on "Pump and Dump" group scamming the market.
Whatever may be the cause, we are here to share our personal experiences; POSITIVE, NEGATIVE, NEUTRAL or INDIFFERENCE, they're all welcomed.
Let's take a case scenario of this trader below
This is ORDER HISTORY of SPHERE COIN (SPHR) in BITTREX, we are particularly looking at the last four trading history.
× Bought at: 0.00197999 (when the price was rocking, thinking of making bumper profits).
× 1st lose sale at: 0.00136000 (when immediately after buying, the price tumbled down with heavy dumping).
× 2nd lose sale at: 0.00152000 (here, the price appreciated slightly).
× 3rd lose sale at: 0.00165000 (when pump and dump group visited the coin and got it pumped, with sale place order of 0.00165000)
All these are what makes crypto trading intriguing and challenging. No trader can boast of all profit roller-coaster journey. If you think yours is different please share and give us your strategies.
Above all, let's see this as a serious business where everyone of your coin counts in making your journey to BILLIONAIRE in crypto. Let us know some of analysis that must be considered such as Moving Average, Support and Resistance Levels, etc.
this is a nice write up. i'm also a victim of this..
Seriously, we are all having the same scar of loses. Hopefully in the nearest future, we'll be heavily skilled in this trading so as to limit our lose