The reason to avoid trading in this market is there is huge volatility and only pump dump situations in the market.
Investors are out of the market US stock market is closed due to holiday season and yearly closing is also ahead so market is quite uncertain at the current moment.
But its still in the range from 90k to 100k and its going on as expected, moreover, Alt coins are also suffering because of the less volume in the market.
Although it's not advisible but if so necessary just take scalps in this market with proper stop loss and if you are holding old trades hold them with patience as market will recover good after December just don't get your money stuck anywhere.
Safe trading will take you miles while rash decisions only lead to despair. Better go slow and go long rather than haste making waste.
Spot Traders should look for potential buy zones in the meantime but not with all of their portfolio. DCA or Dollar Cost Averaging is one of the basic phenomenas of trading.
Let's hope for a happy and wealthy new year lads. Have a great day.
