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 think its obvious, if you don't adapt with the current situation, eventually you will end up with nothing this year.
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.
Everyone is very bullish about bitcoin. The problem is that those people who are very bullish are the first one to panic if there some sort of negative news pulling the price down. How ironic.
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.
Not sure though about that method. I still thinks that bitcoin is not design to be pump-and-dump. USDT? Its just "artificial".