If you are trading bitcoins, one good approach is that you normally have 100% BTC (from your invested fiat) and if something happens like big up or down then you should have a clear plan what to do, short-term future becomes a lot more easy to predict when these major spikes appear first.
Forget about how much USD you have short-term, focus only to get more BTC, because longest trend is UP UP UP.
I have noticed that my biggest loses (BTC) come when I'm holding USD and waiting too long. Don't wait that the price falls.
Make a plan and stick to it when something happens.
+1Forget about how much USD you have short-term, focus only to get more BTC, because longest trend is UP UP UP.
I have noticed that my biggest loses (BTC) come when I'm holding USD and waiting too long. Don't wait that the price falls.
Make a plan and stick to it when something happens.