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RE: Cardano Prediction - Technical Analysis & Trade Strategy

in #cardano7 years ago

As I've stated in my most recent post it's imperative to read the whitepaper and be constantly involved and actively seeking updates from devs on whatever token/coin you're interested in or at the very least you believe will succeed. This alone should be the guide for your buy/sell points and how you invest/trade in general.

Ask yourself this simple question before you make a buy/trade: is this buy/investment in a service/good that you personally would buy/use?

If the answer is yes, than have faith in your investment and the future of your portfolio. If the answer is no; than you're a dumbass plain & simple!

Sorry to be so brash! But why would you invest in something that you didn't believe in? This is a mistake a lot of new traders are making that I am noticing happening more and more. People buy into coins not that they think have a good platform/future or believe in the project, but because they simply think other people believe it will be successful

That should never be a baseline for traders/investors.

As for your TA; I most definitely agree! Upvoted. Keep in mind also that we are overdue for a correction on BTC which could come at around the $10-11K range in my opinion. Only time will tell!

Great TA! Keep it up.