Cardano, 2nd Entry —Friendly ReminderI am doing a second entry on Cardano for my people with leverage. I know it is more risky as we no longer have bottom prices but the show must go on.
When the action is already ongoing, when it is no longer 100% certain that we are looking at a bottom, we still jump-in but with lower leverage compared to the initial and main entry.
These leveraged trade-setup that I share are long-term based, these are not your conventional type of trades. Traditional traders get in and get out and normally are looking to catch a 1-3% bullish wave. Here we are looking for hundreds of percentages of points of growth and this removes all the complexity of brokers commissions, fees, interest on the margin and so on. We spot the reversal. Of course, every method has its advantages and disadvantages but remember that my group is a more spiritually oriented one; we look for market conditions that produce great results, easy but with peace of mind, time to trade and earn but also to relax.
There is always risk involved. Many trades can fail in a cycle or during a transition period. But as soon as the next wave is in we have great entry and can easily win big, many times more than any of the losses incurred during the transition period.
It is a fallacy to think that trading is about getting them all right or many right, it is about making money, period. What works for you works.
There are many different methods and ways to approach the market. No one owns the golden rules. You can buy and hold, you can use leverage, you can do what works for you and all is good.
Long-term, we end up winning with the Cryptocurrency market. It is hard to lose to be honest because everything grows. When prices are down, we wait and we hold. When prices are up, we collect profits and move up.
When the market is at a new bottom (7-April) and highly depressed, we jump in with full force and make up with huge wins for any natural and unavoidable mistakes.
It is a process of growth. If you can gain control of your mind, the market becomes as easy as waiting for the right time, buying and just watching your money grow. The hardest part is being patient; the easiest part is to trust.
Trust this process. Trust the market. Trust me, and you will be happy with the results.
Namaste.
