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Author Topic: Trade people (people's reaction), not prices as a trader.  (Read 242 times)
Novatech8
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June 23, 2020, 08:53:15 AM
 #21

The sweetest time to enter the market is during a crisis (a price downward spike) because crisis creates chaos which spikes emotions.

When emotions are high… intelligence is low

But… if you know what u are doing as a tradee during crisis, your intelligence will be high

By trading people, you research into the head of sellers and figure what they are thinking and you can focus on people's reaction in the market that way easily.
When emotions are high and intelligence becomes low what do you think will happen?? Many will be forced to make wrong decisions like dumping their coins, crisis times equals to bears taking over the market right? That's the perfect time to buy coins

Be greedy when others are fearful

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