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BTC dropped ahead of the Fed.
The crypto MARKET is now for the risk traders.
$PIPPIN sending back to where it came.
$BAN scam pump is now going to Valhalla
$BARD decoupled at the support and sending back to zero
$LYN did thesame thing.
These coins' least pump was 5X growth.
A naive trader somewhere will condemne such market move.
But such volatility is what makes the profit.
Real traders prefer a highly volatile market than a boring one.
So, I seat down for weeks watching these charts, Identifying when whales are bidding, I bid alongside them.
Here is the strategy of the risky trader like me:
When I bid alongside the whales
—I move my stoploss to entry when the trade goes into profit
—When it does 50% to 100% pump, I pull out 50% profit
—The rest of the position is allowed to ride the greedy wave of pump from 5X to whatever price point it reaches before dumping.