The market is always changing, so we need to summarize the experience of bottom-fishing!
From 413 to 519, then to 618 and now 705, these three declines are all Bitcoin's return from highs to the bottom. As long as you bottom-fish at these four positions and buy the right coins, you can almost get 50%-100% of the profit. So bottom-fishing is very important, and the decline of Bitcoin is a very important signal.
How to judge the bottom of the callback?
From these experiences, as long as the market fear index is around 25, it is an opportunity to start! At this time, as long as it is not a bear market, you can adjust the selected currency and buy it directly in batches, and wait for it to pull back and buy it again. It must be a good opportunity to start when everyone is fleeing in panic!
Although many people's emotions have changed from bottom-fishing to some fear, as long as you bottom-fish in batches and don't go all-in, this is a 20% profit. But most people still lose their opportunities while waiting and watching. After all, for most people, there is no trading plan of their own, and the experience is just drifting with the tide.
In a bull market, as long as there is a pull, the main force will inevitably release bad news, and then suppress the price by any means. Force everyone to give up their chips.
When the market rose, it suddenly dawned on me that this was a trap set by the main force. When the market rose to the top, I was still chasing highs and got stuck at the top!
So it is important to know how to sell. The time to sell depends on experience. Many people can't hold on and are not sure. This is a lack of market experience!
If you want to know specific opportunities and specific decisions, check the homepage!
