Post
Topic
Board Trading Discussion
Re: Short Trade!
by
Odusko
on 26/10/2024, 20:59:15 UTC
Short selling in bull run can be dangerous, but still when I see a resistance zone I can't stop myself from short selling! what yours opinion in this case? Should I continue short selling in this bull run, or should prevent myself from doing this?
We have to stop one sterio typed ideology that we wait for bull market to sell our Bitcoin holdings, and that we only sell Bitcoin when we are in bulk market, this is a condition that many have misplaced, and have not really been able to utilize bull market tendency very well and for that we have to encourage and advice all of us to be smart and calculative so that we will not be selling off our Bitcoin assets just because we have fud about bull market and which most times doesn't favor small Bitcoin investors, one of the sure criteria to sell your Bitcoin is to solve personal and family financial needs.

But for an investors with a long term view in mind, there is the chances that even at bull market you may not sell your Bitcoin holdings since your will be convinced that holding your assets is far more better.