Post
Topic
Board Trading Discussion
Re: What should we do in the sideways market of Bitcoin?
by
jostorres
on 08/07/2021, 20:40:25 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.
I think you were trying to say that bull run in the market happens for a short time?
During bearish trends like this, I don’t expect to do anything at all. It’s best to just keep your coins and do nothing, if you happen to miss it. Although the decrease after this last bull run wasn’t that much, unlike the last time in 2017 that it crashed heavily.

But holding on is always the best answer to this. Unless you think you can be able to day trade and make some profit and cover up everything you have lost, but that comes with an extra risk. If you don’t know how to trade then you’re going to be losing your money.