Don't wait, participate!

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·@basescanner·
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Don't wait, participate!
![Don't wait, participate!](https://cdn.steemitimages.com/DQmNifnQGA4qLgUuLMR2QjHAxBmYHcEPV2vPJUPgxt3rBKR/image.png)

You may have noticed, we are really passionate about the **QFL Strategy**. We shared with you how **BASE LEVELS** can be an indicator for your entry into the market.

Maybe you have already bought some coins right after you have received the notification that the market went down a certain percentage below your preferred drop in base levels.

But what happens after that? So what if you have bought coins at low prices? Does that immediately translate into profits?

Definitely not. That’s why you have to **WATCH OUT FOR BOUNCES AND SELL DURING BOUNCES IN ORDER TO GAIN PROFITS.**

_But how do you know when is the right time to sell your coin?_ How do you know if the coin has already reached its resistance level and is about to drop?

There is really no accurate method of determining when prices will finally stop from rising to its resistance level. That’s why it is very important to **HAVE YOUR TARGET SELLING PRICE**.

A **large bounce** up in the graph usually shows that there are **plenty of buyers in the market**.

If your selling price target is already within that level, you could place your sell order right away. You could also wait to see if the price will still go higher but that is a risk that you need to weigh.

Have a clear parameter for your target profits. It’s definitely not advisable to be greedy when trading. **_Small profits accumulated over time could be a significant addition to your assets._**

But what if things started to turn sour? What if you are expecting a bounce upwards, instead the trend has been cracked and the market goes down?

This only signifies that there are a lot of sellers in the market. As the price goes down further, more coin owners will feel the **panic** that they must sell coins immediately. Should you also be in panic mode?

_Don’t be too emotional when trading._ Although prices dive deep down, know that there are still buyers waiting to enter this 500-billion-dollar crypto market.

But if you think that the market is hopeless, then you could **get out at break even**.

To get out of the coin market at break even, you must sell a few volumes of your assets then buy some when the price drops again the current support level. Then you could sell back when the price bounces up, then buy again when price drops to the current base. You may do this until you reach your breakeven point.

Again, make sure to sell your coins during bounces. This will make sure that you get into a profitable trading.
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