Talk about bottom fishing

When is the best time to bottom fishing? It is impossible to grasp the lowest point.

Therefore, either you can bottom fish with fixed investment or you can bottom fish with right-side trading.

In the current market, Bitcoin and Ethereum are both in the horizontal oscillation center, and the direction has not been decided.

Therefore, it is too early to bottom fish. At least before it falls below the lower track of the Bollinger Band, it is not suitable to bottom fish.

It is recommended to sell out-of-the-money put options and bottom fish at the ideal price.

Bollinger Bands have a strong supporting role. After hitting the bottom, you can bottom fish in batches and fight for a rebound.

At the same time, after breaking the lower track, if it continues to fall, bottom fishing in batches with fixed investment can dilute the cost.

After each bottom fishing, you can sell out-of-the-money call options to reduce the cost of holding positions.

Once it rebounds, you can earn two incomes, the spread and the premium.

Therefore, manage the risks well. Every plunge is a good opportunity to make money. Grab it. I wish you good fortune.