I don't have to tell you that....

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Crypto Conundrum: Navigating the Sideways Market with Strategy and Patience

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Beginners mistakenly believe that the worst thing in crypto is when the market falls. 📉

But no - when the market falls, it's the perfect time to open longs or buy something, and maybe even shorting isn't a sin if it's trending. 📈

The worst thing is shaking out in a sideways market. It's tedious, dreary, monotonous. That's what puts the most pressure on the psyche of newcomers and the "crowd" in the broad sense of the market. 😓

A typical situation: BTC is more or less in the same place, alts are slightly bleeding 🩸 - you seem to be stressed from positions, but there's no loss. But there's no gain either...

And if you're holding longs on futures at this time, you're also paying a hefty funding fee, which also has its negative effect. 💸

I think we're exactly in this phase right now. At the moment, the flat has been 37 days, and it's quite likely we'll continue to stand still.

To be honest - I don't see any particular reasons for a downward move. But even if that happens, I'll happily buy more alts at the lows for 24-25 years. Probably, this will be the last opportunity in the current cycle. 🚀🌟. $BTC $WIF $ALT #Bitcoin #FjordTrader #DeFi #Web3 #NFT