Post
Topic
Board Trading Discussion
Re: What should we do in the sideways market of Bitcoin?
by
Cherylstar86
on 05/07/2021, 23:22:53 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.

That very important to choose long term instead of taking risk with day trading, because you can't be sure on your profit during market fluctuations. On downfalls, you should keep your coins safe and don't ever dump it quickly when there's a chance for bigger pumps. Sometimes, it's good to accumulate your asset when price goes down but don't risk everything and just buy using small percentage.