Bitcoin is cashing in again this Black Friday. It's obvious by now—the current market is just the whales' ATM—swinging up and down by over 10,000 points, and in the end, short-term traders always end up paying tuition, whether they win or lose.
You might catch a few swings here and there and think you have a gift, but over time, whatever you've made will be paid back with interest. My strategy is simple: I've already reduced the positions I needed to, and I'm holding the rest for the long term, aiming for 88,000 before making another move.
One more reminder: USDT has dropped below 7. In this environment, are you still expecting a bull market? Time to wake up.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
5
Repost
Share
Comment
0/400
TaxEvader
· 12-04 22:51
The term "pattern" has been overused lately, but you really do need to be able to hold your ground.
View OriginalReply0
MoneyBurner
· 12-04 22:39
Got rekt again, huh? I told you, short-term trading is just giving away money. We’ll have to tough it out until 88000.
View OriginalReply0
SeasonedInvestor
· 12-04 22:32
This time, the big players are really treating us like pigs to be slaughtered.
View OriginalReply0
DegenWhisperer
· 12-04 22:28
Another round of fleecing newbies—if you don't have some real discipline, you really can't play this game.
View OriginalReply0
APY_Chaser
· 12-04 22:22
Doing this again? I already cashed out everything a long time ago, just waiting to relax now.
Bitcoin is cashing in again this Black Friday. It's obvious by now—the current market is just the whales' ATM—swinging up and down by over 10,000 points, and in the end, short-term traders always end up paying tuition, whether they win or lose.
You might catch a few swings here and there and think you have a gift, but over time, whatever you've made will be paid back with interest. My strategy is simple: I've already reduced the positions I needed to, and I'm holding the rest for the long term, aiming for 88,000 before making another move.
One more reminder: USDT has dropped below 7. In this environment, are you still expecting a bull market? Time to wake up.