Quote from: Natsuu on April 05, 2024, 12:54:52 AM

This is confusing, but still to make it shorter. To make money in this volatile market such as Bitcoin and other Altcoins, you only have one task. That is to buy low and then sell high. And if you get trapped from a high that the market sentiment turned bearish, then you can do dollar cost averaging. As much as you have high hopes for the project you are investing, just continue buying and compounding until the market get back to bullishness. And in order to do this all, patience and discipline is truly a necessity.

It isn't actually because it looks like we are only selling our BTCs for profits once its price goes really high and then we are simply buying back again at the dips but we are only preparing our money in the form of a stable coin. It is still possible to make money the other way, like for example by buying high and then selling high.

There are also types of trading who allows us to make money even if the market is going down. To simply have a hope, patience and discipline are not enough but we need to be educated and do an investigation about the assets that we are holding, so that our efforts, money and time are not going to be wasted.