Should we trade?

Hello steemians,

btc swing.jpg

Trading is a zero sum game where each win is paid by someone loss.

In fact sum game is slightly negative if we take in account exchanges transactions fees.

We experienced huge volatility last few days, traders and algorythms enjoy it because this is when they usually win the most but most investors don't really feel confortable.

If you took it very emotionally you should cool down and relax, think long term.

As BTC and crypto assets are a do or fail technology with very high potential or very low achievment, short term really doesn't matter so much.

Basically when we buy cryptos we have a winning lotto ticket or we hold toilet paper.

So relax, we took a bet, we just have to stick with it.

Traders and short terms speculators don't really care about fundamentals, they choose assets with high speculation factor, enought volatility and liquidity to play with.

         They know how to exploit your emotions against you.

Best way to loose our precious coins would be to play with them.

If you don't want to gamble against experiencied traders and the best algorythm in the world just hold you coins. Each one of them could valu a lot of money one day.

You will probably save emotionnals troubles, time, energy and probably money if you don't gamble with them.

If you want to battle against the market, push yourself to the limit, have a competitive mindset, ice cold nerve then trading is for you!

Don't forget that almost 80% of traders don't beat the market!

For short term price addicts.

        What could we expect short term for bitcoin price?

2 mains scenarios:

Bear scenario we are at the beginning of a long bear trend as 2013:

2013 vs 2017.jpg

Bull scenario Waves 4 is almost over and we go to new high with wave 5:

Noise can relax us as sweet music or becomes nerve breaker as dentist strawberry.
Don't listen to short term price noise unless you want to challenge yourself and leverage your money in dangerous water.