What to do while trading this week

[Fivestar4everMVP]

Hello everyone! If you're planning to trade today, please be cautious. Yesterday's liquidations were substantial, and even news-based trading has lost some effectiveness. As you trade, I wish you a profitable week. One final tip: always check the 4-hour time frame before making any trading decisions. Remember, trading can be enjoyable, but consistent losses are detrimental.

Thanks for the advice really, all that you have said is true, most especially your opinion about news-based trading, I can say for a fact that trading based on news has almost lost its effectiveness or relevance in this current cycle..

If actually cryptocurrencies still move up or down based on news available in the media, Bitcoin right now would be well over $150k and may even have reached an all time high of above $200k, but then, with all the positive news flying around in the media, the currency is still struggling to get back to $90k.

So yeah, applying caution is very important, no one should open a futures trade they can not stay online and monitor, it's a very risky thing to do.

Disclaimer: I'm not an AI writer (despite the badge). I've been trying to resolve the issue for a week, but haven't received a response. Thank you

You can't get tagged with the Ai-detected badge if you weren't caught posting with the help of Ai, but all the same, I wish you good luck in getting the issue resolved as soon as possible.

[LUCKMCFLY]

Greed makes a person crazy, because when you fall into greed, you will start dreaming big dreams. And the bigger you dream, the more your desire to get something big will increase. And you will start making many wrong decisions. So greed should never be indulged.

You're absolutely right, on a personal level, when it comes to greed, almost everyone doesn't know how to deal with it. Many people talk about controlling themselves , controlling emotions, impulses, but controlling greed is difficult because it's something that's innate in you as a player. You can have all the discipline in the world, but what can override that discipline are people's desires, and that's something that normally happens, which is why it's so difficult to master You have to consider all these things.

[tabas]

You're absolutely right, on a personal level, when it comes to greed, almost everyone doesn't know how to deal with it. Many people talk about controlling themselves , controlling emotions, impulses, but controlling greed is difficult because it's something that's innate in you as a player. You can have all the discipline in the world, but what can override that discipline are people's desires, and that's something that normally happens, which is why it's so difficult to master You have to consider all these things.

It's hard to master all of that when we're just letting our emotions take over ourselves. But once you get used to it and able to control that far. You'll be at your best moments and no one can take that away from you and instead, you're also going to encourage others to become careful in trading because of the experiences that you have gone through and you'll serve as a reminder to the ones that keeps on going and doing bad trades and can't stop themselves being emotional with all of the desires they have just to make themselves look good and impress others.

[Asiska02]

Hello everyone! If you're planning to trade today, please be cautious. Yesterday's liquidations were substantial, and even news-based trading has lost some effectiveness. As you trade, I wish you a profitable week. One final tip: always check the 4-hour time frame before making any trading decisions. Remember, trading can be enjoyable, but consistent losses are detrimental.

Cryptocurrency volatility span beyond just a week, it takes place at anytime and you just have to be generally careful when trading the market. The market may be volatile than each other at different times but that doesn’t mean one can actually know the perfect time to trade when the volatility are low or are not in a state where they can affect your trading. Four hour time frame is a higher time frame that markets actually obeys , but if you still want to further minimize your risk, you should be looking at a daily time frame before concluding on a trade to take.

[taufik123]

Cryptocurrency volatility span beyond just a week, it takes place at anytime and you just have to be generally careful when trading the market. The market may be volatile than each other at different times but that doesn’t mean one can actually know the perfect time to trade when the volatility are low or are not in a state where they can affect your trading. Four hour time frame is a higher time frame that markets actually obeys , but if you still want to further minimize your risk, you should be looking at a daily time frame before concluding on a trade to take.

The higher the time frame used, the more it will be seen where the market will go and whether the price has reached the bottom or not.
Now the price is highly volatile and indeed tends to fall, as Bitcoin is volatile, with all sorts of FUD emerging and big sell-offs happening.

March became a month of decline that didn't even happen before, this cycle is changing and everything looks new and of course with various kinds of policies that are happening by the ruling government.

[LUCKMCFLY]

March became a month of decline that didn't even happen before, this cycle is changing and everything looks new and of course with various kinds of policies that are happening by the ruling government.

Well, what we are experiencing now thanks to the things that are being planned in the USA, tariffs, airs of war, extinguishing candles, but that does affect the market. Today it turned out that the Chinese market fell, something that seems difficult to me after they tried to impose new tariffs on the USA. The USA, however, continues to maintain an index of absolute dominance in the world. The advantage that alternative markets like BTC have is that the value is maintained, it can go down, yes, but until now the value of BTC and Gold are, for me, the safest stocks and currencies.