Trading Big Crypto Movements is Easier Than Day Trading

Trading big crypto movements is easier than day trading.

You can't predict every day by day move in markets. Like you can't predict what will exactly happen tomorrow in life either.

You can however predict big movements. Historians do this on macro politics, economists do this on market cycles, and futurologists do this on technology.

Looking at the big waves in crypto, we see that:

• The altcoins (other) like Verge, Tron etc had a major run up in the last months and are now going down comparatively to Bitcoin;
• Bitcoin is now moving up in its dominance;
• This wave has happened before and took multple weeks to settle.

Markets move in cycles.

After the major bitcoin crash the market is now more relaxed. The trading volumes are down.

So I'm holding my money in Bitcoin and dollars at the moment.

New money will be entering the market through Bitcoin first, then to altcoins.

You could be picking up altcoins soon on a discount. Altcoins like Icon (ICX) and Cardano (ADA) are already a lot cheaper to buy now than a couple weeks ago.

Others like Ripple (XRP) and Stellar (XLM) still look priced highly.

I'll be adding to my positions in the coming weeks.