The most boring moment in the market is when nothing happens. š“
Prices hardly move, new opportunities arenāt showing up, and opening a trade just for the sake of trading isnāt a great idea.
But these periods can still be useful. Instead of constantly buying or selling, you can simply wait and prepare your capital for the moment when an interesting opportunity appears.
The portion of your assets that youāre not using yet can be considered for various passive income instrumentsāfor example, Binance Earn.
The main point here isnāt even to get the maximum interest rate. Itās to avoid making your capital work where you personally donāt see a good opportunity.
The market doesnāt have to give you a compelling trade every day. Sometimes the best strategy is simply to have patience.
Because having no trade is also a position. š
Prices hardly move, new opportunities arenāt showing up, and opening a trade just for the sake of trading isnāt a great idea.
But these periods can still be useful. Instead of constantly buying or selling, you can simply wait and prepare your capital for the moment when an interesting opportunity appears.
The portion of your assets that youāre not using yet can be considered for various passive income instrumentsāfor example, Binance Earn.
The main point here isnāt even to get the maximum interest rate. Itās to avoid making your capital work where you personally donāt see a good opportunity.
The market doesnāt have to give you a compelling trade every day. Sometimes the best strategy is simply to have patience.
Because having no trade is also a position. š