Many people who trade can’t even tell the difference between left-side and right-side trading. They’re also unclear about which time period they’re actually trading. They use signals from a small timeframe to try to battle the market on a larger timeframe; then they use a large-timeframe mindset to agonize over the up-and-down fluctuations of the small timeframe.
If you can’t distinguish the timeframe and don’t understand left vs. right, entering trades becomes very blind. Some traders prefer to set up positions early on the left side, taking the stress of oscillations and pullbacks; others trade only after right-side confirmation, giving up some early profit in exchange for certainty.
There’s no absolute right or wrong, but you must be clear: Which timeframe are you trading? Are you doing left-side or right-side trading? When timeframes are mixed up, trading easily loses its rhythm.
【Crypto Belief Recharged! Michael Saylor Shouts “We’re Back,” MicroStrategy Blasts $370 Million to Scoop Up 4,603 More Bitcoins】 Michael Saylor, founder and executive chairman of MicroStrategy (the world’s largest corporate Bitcoin holder, Strategy / MicroStrategy), posted on a social media platform shouting “We’re ₿ack!,” officially announcing that the company is restarting its Bitcoin purchase plan and ending a two-month pause during which it had been waiting and watching—again igniting intense market attention.
According to the latest filing MicroStrategy submitted to the U.S. Securities and Exchange Commission (SEC), during the period from August 24 to 30, the company spent $369.7 million to raise funds by issuing new shares and buy 4,603 Bitcoins, with an average acquisition cost of about $80,318 per coin. This marks the first time the company has substantially replenished its holdings since the end of June, when it temporarily reduced its position and paused further buying in response to its asset allocation framework.
After this latest increase, MicroStrategy and its subsidiaries’ total Bitcoin holdings have risen to 845,050 BTC, with total investment costs of approximately $6.373 billion. Market analysts noted that, as Saylor’s real-world actions have crushed prior concerns about corporate liquidity and selling, this major round of additional buying not only reaffirms its steadfast belief in the long-term value of cryptocurrencies, but also injects a shot of confidence into the broader crypto asset market.
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May you always be joyful year after year, May each year be more fulfilling than the last, May everything go just as you wish, every moment. May you find joy every day, May each year surpass the last, May good fortune always stay.
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