What to do in this market? Must Read Guys - 30/04/2020

I got a lot of questions in DM in telegram. And most of them are got REKT in altcoin signals given by other channels. let me tell you the dark truth of this thing and how to save your ass from burning?1. PUMP and DUMP to make moneyI have been in crypto since 2017, as I was new at that time I joined few premium channels. Yes I joined even I knew the technical analysis and all.But I want to see how that works. How they provide signals and on which basis? If I want to get fundamental news where can I get that... blah blah blah... there are other tons of question I wants to know before starting about this.So when I joined few of free and paid channel I notice one thing... COPY SIGNALS, FOMO and MAKE MONEY....I found most of telegram channel work together, to create a pump and dump and they says, in premium they will put signals before 5 mins or early. So that most of guys joined it by paying certain amount of money. But when time come you found the coin is already pumped more then 5% 10% or 15%. But you take decision and enter into that pump coin.. and found it start dumping.. You are unable to get out from this as the selling volume was very high. So who win? ADMINs of the channel. They bought at lower price before pump and then tell people to pump it by fomo, by old news or partnership news and all. So my words. NEVER JOIN SUCH CHANNELS AND IF YOU HAVE THEN LEAVE IT.2. Bottom Buy Altcoin Signals when BTC dump:As we all know, when btc dump all market dump and that happen in 2017 - 2018 as well. So my question was HOW THEY KNOW THE EXACT BOTTOM OF COINS? HOW THEY CAN SAY THAT THIS IS THE BOTTOM.?I started debugging the calls and strategies they used in earlier signals, the most common things found are. Copy Signals from other premium channel to own free channel, As one admin says its a bottom other copy cat will follow it.Look at the chart and think,,, if this coin dump to this level so now it will go up.. this is HOPE that used to make a signalIf there is a green candle in 5 mins chart then say its a reversal, retest and buy buy buy... thats a hope too.So My words: Instead of catching bottom, focus on confluence to enter into the trade. There is no guarantee that the coin will not dump more. Similar to pump as well. Always check the possibilities and then trade. This will help you to be a good trader.My Thoughts: I will not try to catch bottom, as there is no BOTTOM proved by CRUDE OIL recently, Instead I will buy/sell when there is a reversal sign. Its ok to buy +10% up then bottom with enough confluences.3. Not all Technical Analysts are Good TraderActually, This is the quote given by Peter Brandlt, its a true that many time most of admins will not do trade because they know enter and exit of the trade but they don't know risk management, they don't have patience, they don't know about market sentiments and there are other reason except technical analysisReal trader will do technical analysis along with trading. They constantly update on each position. No matter if it hit stop loss or target. Like we do for our all signals. In allinonecrypto.app, me as an admin perform trading and technical analysis and provide signals based on that. The fact is I am NOT following all calls as this is part of risk management, So here is the TIP: As I said I do not buy all altcoin signals means if I diversify my portfolio in multiple coins then it would be difficult for me to handle all trades. So according to my rules I never trade more than 4 pairs or max 5. if I give 10 signals then yes I invest in any of 4-5 coins. So if you wants to be good trader then focus on your abilities to handle the trade. I NEVER RECOMMEND TO TRADE MORE THEN 4 ALTCOIN PAIRS AT A SINGLE TIME4. 10-20 Signals in a day: I can write whole book on this topic but here is the summary ;). Most of people comes to me and ask me how many signals you provide in a day? I said in a week I provide like 10 max signals. They simply send message, "Its really low number of signals, I want to make money so I need signals.?" - Do you think more signals will make you quick rich? Let me take you to the reality. If you ask this question to fake admins or fake traders, they will simply say yes, as fake trader always says what you wants to hear.They will tell you yes we do provide 10-20 signals each day: But ask your self Will you invest your small portfolio amount in all of those signals? - YOUR ANSWER WOULD BE NO. If you are real trader you will not invest in number of signals.Now from those bunch of signals when just 1 or 2 or 5 hit any targets then shouting loudly in group and channel, we are perfect and we are accurate... but what out other signals who hit stop loss. when you follow this kind of channel that means your are going to rekt soon.Focus on Quality Trading instead of Quantity trade in altcoinsAbove things are related to channels and admins.Now Rules to keep in mind while volatile Market:5. What to do when market dump? : When you see $BTC is dumped or pumped then simply quit from all altcoin position you may have. Don't wait for it... just leave all of them. Its a sure thing that the BTC pressure will compress all altcoin prices. If you want to check the market then go to binance and check right now. Most of coins dump. Yes its a repeated thing so why don't we stay with the market? 6. No Trade is also Trade position: You were sleep when BTC was pumping, and in morning you see that its already pumped to the next level then what should you do? So as I said always :Trading is all about right time entry and exit:, If you see such scenario then do not fomo, just wait for retracement/retest level to enter into the trade. This will help you for better entry and stop loss and take profit targets.Now Rules to follow community:7. Follow just one: Another common mistake done by many people they joined tons of other premium channels to get more number of signals. But you don't know why this is ended up with 0 balance at sometime.For example: You have paid many $$$ to join different different channelsif you join 5 different channel and they said buy given coins.. each channel gives you 2 signals means total 10 you have. Now you have invest in any of 5 and now there are a lots of possibilities. May be all got hit SL, may be all got hit target, may be few hit sl and few hit target, may be all got cancelled With this different possibilities you will ended up with energy, patience and money. So what to do? Instead of following all of them just follow ONE: follow the one who handle trading journal (all in one crypto provide signal reports for each month.). When you follow any one only then he/she always try to be profitable at the end of the month. like allinonecrypto.app So they will constantly focus on good number of ROI and Accuracy at the end of trading cycle. If you see allinonecrypto.app report, then you will find out, I always complete my trading journal in a profit.REAL PROFIT:What is Real Profit and How you can check in any channel? When any channel says this month we have made 1000% then its not mean they have made that money. For example: Let me give you allinonecrypto.app example: If our total profit is 500% in the end of the month then your average profit would be 50% to 150% only. Now Question is Why? As I said as per the risk management rules I do not invest in more then 5 coins. Means in a month if there are 20 signals then I never invested in all of them. I have invested in just 10 or 12 in full trading month. So 500% is sum of all profit from all signals, while in really I got profit/loss from 10-12 signals only. Common thing: When there is a high number of total profit that means its good to stick with that user. As at the end of the month you will surely be a profitable. You may grow your portfolio from 50% to 150%.So if you like this words from me then DM me, So I can provide more details about this.Telegram: https://t.me/digiwhale

What to do in this market? Must Read Guys - 30/04/2020

What to do in this market? Must Read Guys - 30/04/2020

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