The Range for Bottom Fishing and Taking Profit

Bottom fishing and taking profit are not completed in one specific time and point

Because we need to consider the time dimension

The low and high points correspond to a range

Because we also need to consider the investment mentality

If you bottom fish with a full position in a bear market and it drops to the lowest point, your mentality will collapse

If you take profit with a full position in the early stage of a bull market and it goes to a higher point, missing out feels worse

Therefore, refer to the two cycles of Bitcoin's trend

My understanding of the operation should be completed in a time period

In a bear market, bottom fishing may need to last for 1 year

In a bull market, taking profit may need to last for half a year

In this space, any operation at any time is the correct behavior

The mistake I used to make was always wanting to bottom fish and take profit at a specific point and time

Instead, I forgot the most important time and space!

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