Locked in Neutral
This market is ending the patience of the most resilient, no one seems to make a move and boredom is the common norm these days.
September seems to have fulfilled its objective of being a bad month for BITCOIN, although not as bad as it has been in other years.
The Fear & Greed Index reflects this very well, we are completely flat between 40 and 50 throughout the month which denotes INDECISION and BOREDOM.
Even for me as a trader, this month has been one of the worst I have ever experienced, I am going to end it with a drawdown of -14% if my trades don't go well this week.
There is nothing worse for a scalper or a daytrader than a market in range...
Let's hope that October brings us volatility and good news so that the price shows that we are in pre-halving and therefore we have to continue accumulating until everything explodes.
Sorry about the losses… Are you a scalper/day trader?
I am about to take some positions very soon. I am pretty bearish over the US Stock Market and the economy. Which means, I am also quite pessimistic about CryptoMarkets in the short term. 🙃
Yes, I'm trading every day, mainly FOREX and Crypto
I think Bul Ran is near
Depression 😢
Trading comes with the profit and loss. This month, just being as it is. We should hope for the best next month in the cryptocurrency world. If btc can move, it will be a plus for the investment to have a share of their cake.
Stories are going on same as before we just need to be patient every time some new thing comes out but those who are patient get huge profit from this market.
Yay! 🤗
Your content has been boosted with Ecency Points, by @toofasteddie.
Use Ecency daily to boost your growth on platform!
Support Ecency
Vote for new Proposal
Delegate HP and earn more
It sucks to hear that the trades aren't working out for you but I kind of expected things to stay neutral. I just don't think the market is in the mode for risk-on just yet
Boredom is correct for the most part. A lot of negative stuff and positive and then some drama splashed in there.
https://twitter.com/lee19389/status/1706650144051990732
#hive #posh
oh sad to know you are down 14%, hopefully, this week will go well for you.
https://twitter.com/LovingGirlHive/status/1706721105120198862
If I would only have more cash to buy into the market...
So many will regret not buying during these boring times once we enter the next parabolic phase.