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Author Topic: Consolidation  (Read 172 times)
Faisal2202
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November 28, 2023, 08:18:55 PM
 #21

When you trade, it contains bigger risk than buy and hold as investment.

Consolidation or any phase of a market can cause you a loss or forced liquidation if you trade or use leverage, futures for your trading, risk is even bigger and bigger. So risk mainly comes from what you do, not what phase of the market.
There is no doubt in your words, because the event I am talking about $150+ million were liquidated at that time due to this long term breakage of consolidation toward bottom, and that's one of the many reasons that I don't do future anymore, it is so risky even for a pro (which I am not) due to the volatility of the market.

But at the current moment market is so predictable and almost every prediction on every coin is getting hit because of the bull run and money inflow in ALTs, this really looks promising but I am controlling my feelings to not get attracted by future trades.

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