Market Update
Sorry for no update, I have adopted a kitten. I was very busy. I couldn't even trade at all. I just took some time reading the market the last few hours while the kitten is sleeping.
So basic summary: Rebound after omega dump was not that big. Definitely not a pump. Market trend is still bearish, will be so for months.
What can we do here to make profits: Obviously shorting but with low leverage. Bitcoin could go -20% in 3 months but the process can be totally random. It is unpredictable, therefore reduce risk to a point where you are invincible from fluctuations.
Also, if you trade every day then this could be a scalping opportunity, there will be dump/rebound cycle very frequently. If you play it right you can accumulate small % gains multiple times even within a day. A 5% profit every day is insane when it adds up.
That's it stop gambling and you win. You get liquidated in this market you are not a trader. Bye!
