Let's imagine we are only weeks away before the major Cryptocurrency market advance, the next bull-market.
Let's say we jump in now with hundreds of positions and start to put all of our capital in.
Here is how it works and why the highest level of success can be achieved if you follow me.
If you go all-in now, by the time the market starts to move and reveals which pairs will move first, you will be 100% committed, no money left to enter the fast growing and highly profitable pairs.
When the set of pairs you bought, all looking great do not move, you tend to become desperate, impatience and anxious, thinking that it might still be early, maybe you can sell everything and make a change.
If you do decide to sell all of your pairs for the ones that broke up and are moving strong, the moment you decide to sell and make the change, all the pairs you sold start moving, all the pairs that were moving stop growing and that's the start of a new cycle. You see the action die down on the pairs that you just bought, you see the action intensifying in the pairs that you just sold.
Why does this happens?
The market is controlled by the exchanges. The exchanges own the action, the money, the capital, the trading algorithms, the coins.
The market waits for everybody to "place their bets." Since they can see easily and openly all the money you hold, everything that you've bought —it is all mathematical— the pairs that they will start moving are those that are bought the least, only a few lucky ones will be able to enter the first wave.
Which pairs will move exactly is very hard to know. The market adapts live, the exchanges have thousands of programs. And you can't beat these programs by trading on an impulse, we have to be very smart.
If we wait patiently for the development of the next wave; remember, the market cannot wait forever, these things are set by date. The market will reveal to us which section of the market and which pairs will move first.
Having this information available we can proceed to make our move. We will not be perfect; some we win, some we lose. But in this way we can increase our trading success.
If you are in hurry or anxious, that is already a sure sign that it doesn't matter what you do you will end up with bad results. It is an energy, it is a vibe, it is an impulse. The same energy flow that pushes to buy at the wrong time, will continue to guide to sell at the wrong time and make as many mistakes as are possible.
If you get on the winning vibe, the success energy flow; this same vibe will guide you to sell at the right time, to buy at the right time and protect you whenever the market adapts live and make an unexpected turn.
What drives you to make a decision now rather than tomorrow?
What is it that tells to buy this rather than that coin?
Can you tell?
There are certain energies in the air, the race suggestions, thoughts, that reach us and mostly we are not aware.
When you learn to read this energy, you can increase your trading success.
The way to read this energy successfully is by analyzing it, never acting on impulse, waiting patiently...
If you receive a hunch, an "intuition" but this intuition tells you to act now and act fast, then you must question it. This isn't an intuition but the market impulse. If you are getting a true intuition meant for your growth, profits and success, this will stay lurking behind the scenes, waiting for days until you receive it and take action. An impulse can die out within hours.
You can say, to your monkey mind, "Ok, I will do as you say but, let us wait one day, two days... The market is not going away. If within two days you are still around and the market conditions are great, I will take action."
But if you feel that in anyway you are being pushed or forced, you are likely being manipulated by the whales, who are the controllers of the market impulse.
The right mindset is the first step.
In order to avoid mistakes, make a plan...
What would you do if... ???
Consider all scenarios and, considering hitting 'follow' to show your support.
Namaste.