As the price and market value of the currency continue to rise, every time Bitcoin rebounds, it will fluctuate by thousands of dollars. It is necessary to adapt to this rhythm and amplitude. Compared with the bear market, which does not fluctuate for several months, it can last for ten days and a half in the bull market. There may be significant changes in the account. In a bull market, there is only one operation: buy.
Keep up with the market and be actively bullish until the top characteristics finally appear. It is obvious that there is no signal of peaking at present, which means that the market is not over. Even if there is a short-term or medium-term correction, it is just a correction in the upward trend, not the end of the trend. To make a trend, you have to accept shocks; to make big money, you have to accept retracements. If you can't solve it, you can only choose to accept it!
In this round of bull market, Bitcoin is like a local dog pulling the market, without respecting martial ethics, resulting in many shortfalls. Many people are waiting for a correction, but in fact every time the pin is inserted, it will be a correction. When the price goes higher and higher, the callback position will gradually increase. If you want to get on the bus again, you can't find a suitable position, and the main force doesn't give you too many opportunities. As the market develops, the access and time to get on the bus are gradually shortened. In the market that reaches new highs every day, a pullback is indeed rare. Perhaps what can be done is to control the overall position and enter the market in batches.
If there is a correction at this stage, for example, when the big market pulls back by 10% or the copycat pulls back by 20% to 30%, we will cover the position in batches and use the method of buying big when falling big and buying small when falling to bring down the average price. This will also be a safer and more profitable time to get on the bus. Don’t be afraid if you encounter one, but dare to enter the market. Before Bitcoin’s weekly rise is over, all that needs to be done is to control the position and buy. The direction and timing of the ambush are very important.
Follow me and I will guide you in planning and selling. Let us turn around in the bull market together.