The Graph | Simple Trading Success (800% Potential)I like this one more than NEARBTC. In NEARBTC we saw the "strong higher low" and explained how this can be translated as the pair being strong. Now, look at The Graph vs Bitcoin (GRTBTC), we have a new All-Time Low.
There is a new low being hit in August 2024. We have a higher low, by one satoshi, or double-bottom, in September 2024 and now bullish action starts to happen. Notice how the action is now back above the October 2023 low and this makes the chart super bullish.
This is better than NEARBTC because the sellers completed a full cycle. Once we hit bottom, we can't go any lower.
After the bottom is in, we can expect prices to grow.
While NEARBTC is strong because of the higher low, a retrace or correction can send prices anywhere, we don't know. But when the chart hits bottom, we know we can expect growth long-term regardless of what happens at any given point.
Another reason why I prefer the ones trading very low to buy rather than those trading high is because of the growth potential. Notice how GRTBTC has 450% to 800% (9X) potential without even looking at an All-Time High. Those trading higher, yes, some can look good but potential can be smaller or limited.
It is still good to diversify and everybody has their own preferences, but this is my type of trading pair. This is the type of chart setup that leads to a high level of success. That is because it has low risk and the potential to win is great.
Remember, if there is another drop; a sudden drop, a strong shakeout or any surprising move, just think long-term.
Buy and hold.
Buy and hold.
Accumulate as much as you can.
Wait for the euphoria in 2025 and do not keep holding. When prices are up, sell.
You can always buy back again at a later time, the market is not going anywhere. Cryptocurrency is here to stay.
This is all long-term but, if you are reading this chart, you are here to win, to make money and this money will be used for freedom of choice, for personal growth, to live the life of your dreams and to enjoy the experiences that you deserve.
You will give yourself and your loved ones all those things you wanted to have but couldn't afford. We have to be wise... But it is easy to win in this market with a simple strategy of buy and hold. If you are reading this now, you already won. No leverage, no margin and the risk is gone.
Forget gambling, it is truly energy wasted and money lost.
If we develop the virtue to wait patiently, we will be rewarded in the long-run.
Study while the market consolidates.
Prepare the exit strategy while the market goes up.
Take profits when prices are high.
Be grateful regardless if you win or lose.
If we win, this is great because we can enjoy the profits, do the things we want to do and we can continue to play.
If we lose, this is awesome because we can learn from our mistakes and prepare for success on the next run.
The market has an endless cycle of boom and bust. If one opportunity is missed, another one will show up.
Never give up.
Keep trying.
Keep coming back but make sure to plan ahead.
Never rush.
If you have to take action fast, just let it go.
Take your time because opportunities are truly endless.
When you are ready to earn, the opportunity that is right for you will show up.
Namaste.
