Post
Topic
Board Trading Discussion
Re: What should we do in the sideways market of Bitcoin?
by
Kimberl2020
on 06/07/2021, 11:47:04 UTC
Most of the market's revenue is completed in a short period of time.

I don’t think so. If you think Bitcoin is a short-term means of making quick money, I suggest you relearn the knowledge of Bitcoin.

If you want to invest in Bitcoin, I recommend that you choose to buy Bitcoin on a regular basis. For example, choose pay day to buy bitcoins and use 20% or less of your salary. I think this is an effective way to get income from Bitcoin, not to study candlesticks. Window period is not important, what is important is long-term optimism.

Here is a website that can help you better analyze the price: https://www.blockchaincenter.net/bitcoin-rainbow-chart/

This is my favorite price analysis Twitter: https://twitter.com/100trillionUSD

Hope to help you
In addition to technical indicators, there is also a combination of market sentiment and local policies. For example, this afternoon the Chinese government issued a message that caused a drop in the price of Bitcoin.