Accumulate is the best thing to do now if you can still afford to but I don't recommend going all-in as crypto market is very volatile. Seeing their previous highs will bring us quick profit once the market starts to rally again. We've been consolidating for many weeks now so this is a sign that whales are accumulating. I don't think we can go lower than $30k at this point as bulls are strongly defending that support. There is no point selling at this moment if you're at loss like you bought during bull season. Market is very unpredictable, you will just lose money if you sold your crypto at a low price because you think it will dump more in the next coming days.
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.
True, now that the market is mostly trading sideways is a good time to keep accumulating once you have the funds to do so and I believe that this might also mean that the market must have already bottomed out since the last time we saw $29k+ and it is just steadily going sideways and we might also start to witness an uptrend in the coming months.
Look it depends on peoples mind. What they want or how they want to Overcome there situation. I know you mention this sideways all because of to overcome from this loss situation. People can easily make a decent profit and live a tensedless life. All people are in tensed beause of huge loss. So though to share this. Which is a novel vertue. But my question is, is it will be truely working for us or not? Because sideways also a trading strategy right now. And the market is unpredictable now its aware me. Now can't understand anything. Thank you
As far as the current market is concerned, we are constantly tormenting us, and we are constantly washing down all the unsteady holders through shocks back and forth. Whether you are optimistic about Bitcoin, suppressing Bitcoin, or praising Bitcoin, as long as Bitcoin does not die, There is only one result-that is, the worldwide public awareness of Bitcoin continues to increase, and the global consensus continues to increase.