Amid a volatile crypto market marked by fluctuations in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), alongside geopolitical instability, esteemed crypto trader and economist Alex Krüger advises traders to proceed with caution and maintain a broader perspective.
What Happened: On Wednesday, Krüger expressed his thoughts on X about the current crypto market situation. He stressed the need to avoid becoming entangled in short-term fluctuations.
As per Krüger, trading is a challenging endeavor, and he frequently modifies his short-term perspectives instantly, particularly during periods of high volatility. He also noted that he realizes gains or losses within the day and employs trailing stops.
Krüger cautioned his followers that attempting to emulate his trading tactics could result in substantial losses, as the majority of them are not active traders and respond slowly. He remarked, “Most good traders lose a lot of money before getting good at it.”
Krüger also revealed that he has decided to limit posts about short-term price movements, believing that discussing the broader picture is generally more beneficial for everyone. He wrapped up by stating, “I don’t think this crypto cycle is done. Not even remotely so.”
Full story available on Benzinga.com
Amid a volatile crypto market marked by fluctuations in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), alongside geopolitical instability, esteemed crypto trader and economist Alex Krüger advises traders to proceed with caution and maintain a broader perspective.
What Happened: On Wednesday, Krüger expressed his thoughts on X about the current crypto market situation. He stressed the need to avoid becoming entangled in short-term fluctuations.
As per Krüger, trading is a challenging endeavor, and he frequently modifies his short-term perspectives instantly, particularly during periods of high volatility. He also noted that he realizes gains or losses within the day and employs trailing stops.
Krüger cautioned his followers that attempting to emulate his trading tactics could result in substantial losses, as the majority of them are not active traders and respond slowly. He remarked, “Most good traders lose a lot of money before getting good at it.”
Krüger also revealed that he has decided to limit posts about short-term price movements, believing that discussing the broader picture is generally more beneficial for everyone. He wrapped up by stating, “I don’t think this crypto cycle is done. Not even remotely so.”
Full story available on Benzinga.com
Amid a volatile crypto market marked by fluctuations in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), alongside geopolitical instability, esteemed crypto trader and economist Alex Krüger advises traders to proceed with caution and maintain a broader perspective.
What Happened: On Wednesday, Krüger expressed his thoughts on X about the current crypto market situation. He stressed the need to avoid becoming entangled in short-term fluctuations.
As per Krüger, trading is a challenging endeavor, and he frequently modifies his short-term perspectives instantly, particularly during periods of high volatility. He also noted that he realizes gains or losses within the day and employs trailing stops.
Krüger cautioned his followers that attempting to emulate his trading tactics could result in substantial losses, as the majority of them are not active traders and respond slowly. He remarked, “Most good traders lose a lot of money before getting good at it.”
Krüger also revealed that he has decided to limit posts about short-term price movements, believing that discussing the broader picture is generally more beneficial for everyone. He wrapped up by stating, “I don’t think this crypto cycle is done. Not even remotely so.”
People get upset when the few of us tweeting about the market don’t nail every short term move with precision.I manage my positions …Full story available on Benzinga.com Read More$BTC, $ETH, Alex Kruger, Cryptocurrency, Iran, israel, Kaustubh Bagalkote, News, Markets, $ETH, $BTC, News, Cryptocurrency, Markets, Benzinga Markets