Post
Topic
Board Bitcoin Discussion
Re: What should we do in the sideways market of Bitcoin?
by
passwordnow
on 04/07/2021, 12:40:43 UTC
Most of the market's revenue is completed in a short period of time. Most of the time it is horizontal. The sideways market is actually the best time to stock up. Normally, at the end of a sideways market, you will always feel that the window period is too short. Short positions are very dangerous because they are really easy to miss. Be able to hold Bitcoin firmly, trade on the left, do not bet on trends, and do not choose timing. Hold the currency firmly.
Trade if you've got some spare to trade and play with that money while you've got a strong long position and you're only waiting for its time. That's all that you have to do if you got some spare and you want to trade and play with the market but in my position, I'm done with that and I'm not going to bet anymore with the market and play with my money. It's safer to hold and wait until the market goes on high again and sell by that time. I've just learned my lesson and that's what I have to do to avoid the same mistakes that I've committed.