I was talking with an old friend and mentioned a lesson I’ve learned:
Sideways markets are the most grueling. Many people don’t lose money during a downturn—they lose it because they can’t wait it out.
What I do is reduce my position during sideways periods. It makes me feel a lot more at ease.
After our chat, I checked the market: $BTC is now at 75985.01 (24h +0.33%). Which mistake do you find yourself making most often?