The market is so quiet that it's hard to know what to do, let's see how it goes tonight and decide later =)))
Any decent spot now has hit the bottom, gradually DCA is just right, remember it's DCA because if the market continues to decline, there won't be any U left to DCA 😁
Let's just sit back and enjoy the view for this phase 😋
Just 5 - 7, but the capital must be large to avoid burning, today the market is volatile so don't DCA, additionally I think BTC will only have one more bounce up to over 100k, if possible then just take profit gradually.
Con nai vàng ngơ ngác dẫm nát bầy sói hoang
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Can you please tell me if using DCA and holding BTC with a futures contract has a reasonable duration?
The article is a bit long, so please click to read it, that's my experience of losses from before 😆
Shizuxt
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In the market for 3 years, I only dared to trade BTC and ETH, leverage not exceeding x50, not to mention only scalping with clear stop loss and take profit. If the plan doesn't go as intended and hits the stop loss, then find another opportunity. Yet, I see many new traders having a get-rich-quick mindset, using high leverage, and trading junk coins, with a mindset that blocks progress. When they lose, they hold on until they die without knowing whether it will go up or down =)))
My advice to you is not to hold overnight orders except for coins you believe have a basis for going in the right direction tomorrow.
Altcoins should only be traded when you know how the market will move to optimize profits; otherwise, stick to top coins for trading.
You should only make a few trades a day, taking small profits and exiting. No matter how it is, don't regret it.
In the picture below, I deposited 150 USD to scalp and earn 10-20 USD daily; after a month and a half, I managed to earn about that amount. Just take it slow and steady 😉
In the market for 3 years, I only dared to trade BTC and ETH, leverage not exceeding x50, not to mention only scalping with clear stop loss and take profit. If the plan doesn't go as intended and hits the stop loss, then find another opportunity. Yet, I see many new traders having a get-rich-quick mindset, using high leverage, and trading junk coins, with a mindset that blocks progress. When they lose, they hold on until they die without knowing whether it will go up or down =)))
My advice to you is not to hold overnight orders except for coins you believe have a basis for going in the right direction tomorrow.
Altcoins should only be traded when you know how the market will move to optimize profits; otherwise, stick to top coins for trading.
You should only make a few trades a day, taking small profits and exiting. No matter how it is, don't regret it.
In the picture below, I deposited 150 USD to scalp and earn 10-20 USD daily; after a month and a half, I managed to earn about that amount. Just take it slow and steady 😉
Just a small 1-step movement and I already liquidated 400m long orders, expected that in 1-2 days with another step, then the new players will know fear :))
Ps: Occasionally executing a junk coin order to see how it goes 😜
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