Sunday afternoon and the BTC/USDT chart is parabolic.
Everyone wants there free Segwit2x coins, so there is tons of buying and very little sellers. This type of action often leads new traders to making mistakes. There can be many different ideas that run through your head when you see something keep on climbing, day in and day out with no end in sight. You might decide to buy in on the action, or you might start to your previous sells.
I wanted to make a video to help describe why I trade. What is the benefit to trading vs just HODLing. Honestly I never try to predict the future, but I simply react to the chart I am looking at. I trade what is on the chart and that's it, I keep it simple.
As always, thanks for watching and I know that everyone has their own story to tell about how they would trade these events. I am happy to share how I trade with everyone, and my thoughts as a full-time trader. But you are all entitled to your opinion on this subject and my way is not the only way to trade or make money. Please feel free to share your thoughts here or in our slack community.
Luc