Chart analysis alone is no longer enough in cryptocurrencies, positive news is coming, the market is starting to rise at an incredible speed, negative news is coming, the market is starting to fall at an incredible speed.

I think this situation was not so much in the past, of course the news had an effect, but I think this situation was not as much as it is today. Moreover, the fact that cryptocurrencies, which came out with the claim of decentralization, are so affected by the developments in the world of traditional finance and diplomacy makes me think about the decentralization claim once again.

I think it makes sense to trade in 2 ways, now I will tell you about these ways;

The first option is to observe very sharp declines in the market from time to time, such as in December and February, for example, main tokens lose value up to -10, while altcoins lose value by up to -20, -30. Even if you lose at that time, you can buy in amounts that will not upset you, look at it in the short term, you can keep (birkaç gün) in your hands and get out of your hands with a small amount of profit. Of course, when there are sharp declines in the market, there is no such thing as a profit to recover the next day, which is a risky business market, and there is a possibility that the market will fall further. Now it's your decision, do your own research before investing, take the possible risk and enter as such.

The second option is to buy gradually, buy small amounts, if you predict that the market will fall, wait, when the coin price falls, add a small amount more and start waiting again, add again when you think, etc., do not buy at once with all the money you have, so you minimize the risk, your average cost decreases and you have a more balanced portfolio.

For example, BTC is currently circulating in the 82K band, you can buy some from the 82K band, a small order to the 80K band, a small order to the 78K band, a small order to the 75K band. In the bear season, I think BTC can retreat to the 40-50K band, so you can lower your average cost by placing gradual orders. When we look at the past, we have seen that BTC, which rose to 60Ks, retreated to the 16-17K band. However, as I said, the charts are no longer functional, if cryptocurrencies are adopted by states and institutions, if harmonized political regulations come, they can go much higher without going down to the levels I said, if they are not adopted by states and institutions, profit sales may come and approach the levels I said, it is necessary to follow the market and news closely.

If you want to make money from the market, you need to follow the market and the news that will affect it closely, do good research when investing and determine your own risk.

So what are your trading strategies, share them in the comments and give me and other friends an idea:)
#MarketBottomPrediction#