For information : this content is for informational purpose only. You should not take any information within as investment, financial, or other advice.
1) Invest only what you can lose
Bitcoin is a young market with great future or just a bubble ? Nobody knows. Don’t be crazy and play safe. Don’t risk money you can’t afford to loose. Always be aware of the risk.
2) Respect the $BTC
For us, the only interest at Trading Alts is to accumulate $BTC. Forget the flipenning for the moment. “The Flippening” refers to the possible future event when other coin overtakes Bitcoin. Respect the boy, it’s the king of the party. $BTC can break old $ALTs pattern in hourly move.
3) Great entry is the emotional key
When you make a trade, you focus on the profit. Best way to find a great profit and great risk ratio is to respect an entry. Don’t FOMO due to a green candle. Respect our strategy, and buy on technical indicators. Sometimes, $BTC volatility is the best way to touch our entry.
4) 10 % is the new 1000 %
Stay away from 2017 charts. 100 % in a day is possible when manipulation but you are not a whale. Stay calm, 10 % for a little fish seems better than your yearly high with your banker. Protect your capital is the key.
We are not psychanalysts, but which do you prefer? Miss a 100% pump after protecting first10 % or loose your first 10 % gain expecting a 100 % move ? You got the answer …
It’s better to surf 10 small waves than to wait for a big wave which will never come. In addition success spiral is essential in crypto.
5) Protect your capital : use Take Profit & trailing Stop Loss
It’s essential to protect your capital, limit losses and increase gains. Never sleep without a Stop Loss or Take Profit.
Trailing Stop Loss
The Trailing Stop Loss, TSL, is a feature that designed to help you follow the uptrend and protect earnings. System adjusts your Stop Loss price every time the price touches a new high. If prices goes up, your SL goes up.
Trailing Take Profit
The Trailing Take Profit (TP) is a feature that designed to help you catch the rise. The best way to increase your profits as much as possible. Stay smart, don’t use it on low volume coin.
6) Don’t fall in love with a coin
We was $ICX lover. It was a tragic romantic story. We all had the love of a project or a team. Some projects seem more attractive, more solid. You are never safe from an exit scam. Your amazing CEO could leave the ship to go and defend the polar bears.
7) Your Paid Group Leader is not the Good Samaritan
Guys, stay serious, if you find a gold mine, consider digging or selling pickaxes ? Personally, we will dig alone. This is also the case for your Group Leader. Okay, most of them seems legit … but you will be more legit if you read about technical indicators, fundamentals, blockchain technology.
The best way is to check chart everyday & read content about blockchain. Use paper-trading to manage your risk.
8) Time is money
If the NBA Players hope to win in the money time, in crypto Money is Time. Be Patient. Stay confident on our strategy. Bull Market is harder to manage than Bear Market due to impatience and frustration. You can’t make a 10 % move everyday.
9) You are a trader not a poker player
All In is not legit … If you knew how many times we were sure of a pump … with nothing behind. Stay humble, in this market. This market is not guaranteed. Just learn to manage the risk ratio.
10) Respect 9 previous Tips
It’s the end of article. You have already forgotten half of tips. Before each position, just ask yourself WHERE …
Where to Buy ?
Where to Stop ?
Where to Take Profit ?
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