Post
Topic
Board Trading Discussion
Re: What should we do in the sideways market of Bitcoin?
by
lixer
on 06/07/2021, 18:41:05 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.
Where you said most of the market’s revenue is completed in short period, I think you should check properly, that’s not how it works. You are even more likely to make bigger profits when you hold for a long time.

Imagine someone that bought their coins in 2015 and continued to hold it till now (2021) do you know how much they have made by now? So long term can possibly get you more than a short term. And of course if you utilize your short term trades rightfully, you can as well make good profit from it. It’s mostly about doing the right things when it is right to do it.