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>> No.11239510 [View]
File: 241 KB, 3412x1516, ranging.png [View same] [iqdb] [saucenao] [google]
11239510

>>11239397
If you really are that impatient, I would say range trading. Go on Trading View and look at all alts on Binance and Bittrex. Ignore 95% of them, but look for the very few that are consistently ranging in a 10 to 15% range on the daily. Then, simply buy at the bottom of the range, or slight break under the range, then sell at the top of the range.

The danger in this, is that these alts are ranging while Bitcoin is going sideways or only making small hills, but as soon as Bitcoin dumps, these alts will dump as well, and their ranges will then be broken. To account for this, set laddering stop losses for if the range is broken. You might get stop hunted, but if you take a -10% stop loss after five successful, compounding buys and sells on the daily, it won't matter much.

And again, look at the Bitcoin chart. Look how tight it has been ranging the last six weeks. A big move is likely soon. And until we see some proof otherwise, being in a prolonged bear market, it will likely be bear. Don't be impatient. Money comes to those who can wait until the time is right, not those who rush in desperation. Maybe take a break and go do other things for a bit, if you're feeling like crypto is an addiction for you.

Love,

Lain

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