The bulls have resisted fiercely for a few days.
Last night, it still couldn't hold on, breaking down again and unable to recover.
Still an endless decline.
No decent rebound, no significant volume drop.
U.S. stocks have also been falling during this time.
But compared to the crypto circle, it's nothing.
So ruthless, the shorts are still in the game.
There is no such thing as a continuous drop without any rebound (referring to the market, different for clones).
A prolonged decline like this is a good position for short-term speculation.
People like me who escaped the peak and are in cash recently.
Starting now, I think gradually building a position in Bitcoin spot is a way to take a bite of the rebound and then exit, with minimal risk.
Unfortunately, most people have long been trapped and deeply stuck.
I still don't really want to eat this kind of money, nor do I want to extend the timeline to build positions in batches just to eat a bit of this method.
The most perfect, safest, and highest profit is definitely to wait for the bear bottom and buy in fiercely.
If there is still no rebound and the daily line level has a large decline, I will enter Bitcoin spot to take a bite.
Let's see if they give this safer opportunity; I hope they don't give me this chance to continue waiting for the bear bottom.
Do you think it's worth entering for a bite when encountering such a good opportunity?
I thought about it and still want to say it a bit more carefully to everyone; the following may be a bit repetitive.
Two plans for empty positions (spot).
The first plan (advantage: can start now, won't miss; disadvantage: lower return, lower safety).
Enter a layer of position at 1000u for Bitcoin, this way slowly enter in batches, or any other way to batch is fine.
In a good situation, directly rebound and take a bite.
In a bad situation, a big drop occurs, then rebounds, eat a little bit or break even.
The second plan (the downside is that you may not wait, the upside is that the return is higher and the safety is higher).
When the daily line drops sharply, directly put in half a position, with the remaining half to cope with subsequent situations.
In a good situation, directly rebound and take a bite.
In a bad situation, continuous sharp declines and then rebounds, eat a little bit or break even.
The most extreme situation of the above two plans is that you are hung up; we think back, where do we want to buy at the bear bottom, and where is the bear bottom?
The most ideal position I want to buy is between 40,000 and 50,000; I don't dare to think below 40,000. In extreme situations, there may be a 30-40% chance, but I really can't think of anything below 30. Even if there is this opportunity, I estimate I won't be able to wait. 40-50 is already cheap enough.
The last round was 4000 to 6.9; this round's bear bottom is at 1.5, with a maximum of 12.6. The difference is very, very large. For the next round, I plan to enter at 4-5 and then exit around 20.
Now looking at the above plan being hung up, we look at it from the perspective of the next round; being hung at over 70,000 doesn't seem so expensive. In this round of bull market cycle, it is in the middle position. In the next round of prices, it is closer to the bottom position.
Then there are two plans for half positions, brothers.
I don't know where you are hanging, is it a contract?
Actually, it's still the same as the above situation, but the difference is.
The first type: do nothing now; if there is a big drop, then add.
In a good situation, buy in on a big drop and rebound, or directly rebound now and come out.
In a bad situation, a big drop directly kills you, or continuous big drops lead to death without waiting for a rebound.
The second situation is to cut losses now, wait for a big drop, and then buy in with the original position.
In a good situation, when a big drop occurs, buy in and rebound to break even; if there's no big drop, at least you can survive with infinite hope.
In a bad situation, continuous big drops lead to death without waiting for a rebound.
Then there are the brothers deeply strapped.
Actually, there is not much operational space.
The thinking is the same as above; either leave a spark or just see how lucky you are. Life and death are fated, wealth and nobility are in the sky!
Trading is a matter of probability; there is nothing that is 100%.
Some people may feel that what I'm saying is nonsense and has no use for your current situation; there is no way, mistakes come with a price, and now is the time you pay the price. If I haven't made a mistake, can I move freely now?
I don't know if you can understand what I mean; it feels a bit messy.
I hope the brothers who are deeply strapped do not encounter a big drop and can survive until the day of the rebound.
Please stop selling; I need to support my family!
Making money is hard, and keeping money is also hard.
Slow down a bit, then slow down a bit more.
Certainty and safety first, profit second.
Learn from Buffett, think in years, and never take risks.
Can't help but go to zero (steady as an old dog).
Rebate fee invitation code: BBAAA
