Guys, What you do in situations like this? The bull market is not unfolding the way we all expected, and when we expected.
What do you do? Well its better to be a spectator. Sell it and wait a little bit for things to cool down. But keep your bags, and don't miss this bull. Whenever it maybe.
But remember I always favor holding on your bags and keeping your spot position.
Those who don't sell never actually loose. If the market goes up you get back your money.
Today I will show you how to benefit by selling and keeping your position ready if the market goes up suddenly.
After you sell. Before you go to bed and sleep, Set a Stop Limit buy order. For example if SOL is currently 125 short term resistance set your stop limit to 129. When SOL reaches this price the short term sentiment is likely shifting to bullish again and your buy order will execute at 128.6
Keep adjusting your order if the trend continues to decrease. This can work for you and it's a good guarantee you won't miss too much.
Bitcoin is the true king there's no more doubt about it. Alcoins shaked and loosing half of their value for money to flow to BTC and ETH to some extent. I think the only Bull market now will be those ALTs going back to their previous ATH nothing more for 2024.
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