TUDORm
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$ADA out of the triangle and going up

BITTREX:ADABTC   Ada / Bitcoin
Seems that it is a good time to entry $ADA with no stop limit, no stop loss. Hold mid-long term
For a better understanding move from 1-day view to 4-hour view.
No stop loss? Ouch.
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TUDORm longmoney
@longmoney, I am not day-trading but rather investing for medium (1 month) and long term. Usually stop-losses are hit in crypto and then they bounce back really hard.
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@TUDORm, I love when I'm stopped out. Well, maybe not love. But if I'm wicked out. It adds more data for me to consider. I like to know I am wrong asap. Take the small loser, because more often than not, I can get a better entry. But yes I agree, difference between trading (day/swing) and investment. I just never had the stomach to hold long when waves provide many opportunities for profits.
Thanks for your input.
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longmoney longmoney
@longmoney, Interstingly we're both long on ADA :-)
Albeit, with slightly different approaches. The destination is the same.
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TUDORm longmoney
@longmoney, Thank you for explaining how you think. For me, only when it goes below my entry point with 20% I keep some BTC to buy a bit more than I bought at the beginning. Everyone has different approaches and time thought me that for me this works the best. Good luck!
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Why does your time scale say we are half way through Feb?
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@o2js, I never look at the time and correlate it with my counts. Just use it to adjust the chart. That's what I do. Some people call days and targets. But for me? I don't know when, and propose trajectory and zones. Time is not a factored in component. Thats just me.
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@o2js, if you move the pointer on where we are today you will see down there highlighted the correct date, this is how tradingview shows its charts..
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