Topic: Take advantage of bitcoin movements - page 3. (Read 173 times)
All these years and people are still using this formula which is well established if we really want to make profits from the bitcoin. This is old strategy and it should be written over and over again freshly so that new comers can understand this market very well. Good suggestion about the use of USDT but one can always find other ways to hold their assets and down loose the value. And this way is simply fiat and nothing else. Many wallets does provide holding of fiat after converting the bitcoin or altcoins and thus it becomes very important to have. It is far trusted and stable as compared to USDT as it is still crypto and former is fiat! So rest of the strategy is good but holding in fiat is always advisable.
It's nice what you are doing. I do same too with USDT and my local currency. Although there are some altcoins that are a good trade and they give profit because of high liquidity in the trading pair.
If we are still trading cryptos with the hope of btc reaching All time high now and carry alts along, it might not happen soon.
Don't get me wrong, The alt season will still show... But until then.. Adapt to the present situation and trade only what is stable.
I used to be so hopeful for a bullish bitcoin.But now, whether it likes let it go up or down I don't care as long as I take advantage of the move, that will be alright by me... And that's what trading should be... No emotions or bias attached.
Now how do we make money off btc dump?
When btc dumps you simply buy ustd when btc begins pump you sell off ur ustd and hold btc. Repeat and rise
Use good TA and convenient time frames
Personally, I use 4h for this.
Don't get me wrong, The alt season will still show... But until then.. Adapt to the present situation and trade only what is stable.
I used to be so hopeful for a bullish bitcoin.But now, whether it likes let it go up or down I don't care as long as I take advantage of the move, that will be alright by me... And that's what trading should be... No emotions or bias attached.
Now how do we make money off btc dump?
When btc dumps you simply buy ustd when btc begins pump you sell off ur ustd and hold btc. Repeat and rise
Use good TA and convenient time frames
Personally, I use 4h for this.
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