Press the "Like"👍 if you still remember how altcoins grow by 50% a day. Are you waiting for that time again?
📊Volatility is the % change in price over a period of time. In summer it is very low, because the price neither falls nor rises, i.e. in most cases it is in consolidation. But when it return to the crypto and you can grow your depo? Let`s get into details.
As you can see on the chart, 5 out of the 7 summer periods the price has been in consolidation and almost unchanged in comparison to the other periods of the year.
📊Why is volatility so important to traders? To open successful trades, the price should either rise or fall. If the price stands still, the trader's profit does not change.
If you just came to the markets and you think you fail, you should not worry. It's not only your skills, but also the lack of volatility. And with the beginning of a bull market, even the most inexperienced will make money in trading. I think it's clear to everyone.
You can use trading on lower timeframes using scalping and make successful trades, but this suits experienced traders who have been in the cryptocurrency market for a long time and know all its features.
📊What is the reason for the summer volatility fall? In summer, many traders and large investment funds go on vacation, less attention is paid to charts.
Price rises or falls under the influence of people's emotions. When the number of people in the market falls, volatility also falls.
Crypto volatility begins to rise as traders and investors return. Purely from statistics, it is the beginning of fall and until the end of spring. It's coming soon!
🚩So, if you're in trading now, it's time to get ready for the time when crypto will grow by 10,20,50% a day. It`s just 9 weeks to the end of the summer.
✅To be ready for the new bull market, you have to study trading, pay attention to trading strategies, choose your trading style (scalping, swing or position trading). If you don't know where to find all this information, use the links at the bottom of the idea.
🏁Trades. when the volatility return to the market? What strategies do you use during the summer periods to grow your deposit?
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.