Nobody Can Ever Predict Or Catch The Absolute Bottom Or Top

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Now, one of the biggest mistakes you can make in crypto trading is thinking you can catch the absolute bottom or the absolute top, the truth is nobody can ever predict or catch the absolute bottom or top, and even if you do it's just by luck, and anyone saying they can is just lying because when you think this is the absolute top, it could just be a little dip or retracement before the pump continues to a higher level and vice versa, for the bearish scenario, this ideology has gotten so many crypto traders or investors in trouble and has caused a lot of traders to miss out on good entry opportunities just because they want to get the best buy entry-level with the mindset of making the big bag or the most money forgetting that when you are in profit does not mean it is your money yet until you close that trade that is why it is called an unrealized gains or loss when you are losing, so until you close the trade you have not gained or lost any money.

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Predicting when to enter or exit the crypto market is one thing, now to execute the trade is another and without executing the trade you have done nothing, so you will not earn anything until you execute or take or place the trade. Also, people can make multiple predictions all day long and only a few will pan out, and the entry and exit point you have in your head might not play out, because crypto is decentralized and answers to no one, you might buy or sell what you think is the absolute bottom or top and price will do its thing by either pumping higher or dipping further from that point, so make your entry or take profit when it is most comfortable for you, What is important is not the number of correct predictions, but the ones that you executed (trades place and profit taken).

Because the major point here is to buy low, HODL and sell high, taking some profit off the market and straight to your portfolio, helps to build up your portfolio before you will realize your account has grown more than you know and expect, because most of the time trying to catch the absolute top and not take profit because you think a too early could cost you your profits and waiting to catch the absolute bottom and not place or take any trade could make you miss out on good entry points. so make the most out of your trade and cheers to growing your account.

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Yeah right, Hmmn probably because there’s never really an absolute bottom or absolute top, like there’s always another bottom that out bottoms the previous bottom…likewise the top. So when people say they can perfectly time it, it’s mostly fugazzi

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