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Author Topic: Growing Account Size  (Read 359 times)
doomloop
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April 08, 2024, 12:06:53 PM
 #41

You can use this season to grow your account as a trader, because the market price has increased higher again to  give opportunity to some traders that missed the market last month.
The current season can only grow the accounts of people who have bought assets when the price was down last year. For those who are joining the market now and want to grow their account, they will need to start doing DCA as quickly as possible because the halving event is near and we know that the actual bull run starts a few months after the halving event and once it starts, then the buyers might not get that many opportunities for buying at low ranges.

For short-term traders, they don't need much even in an uptrend. After all, they can buy now, and sell when the price goes up a little because they are not bound to hold onto their assets and wait for the peak to sell and take a profit. That's why a bull market is always special for scalpers.

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