What should we do in the sideways market of Bitcoin?

[lixer]

Most of the market's revenue is completed in a short period of time. Most of the time it is horizontal. The sideways market is actually the best time to stock up. Normally, at the end of a sideways market, you will always feel that the window period is too short. Short positions are very dangerous because they are really easy to miss. Be able to hold Bitcoin firmly, trade on the left, do not bet on trends, and do not choose timing. Hold the currency firmly.

Where you said most of the market’s revenue is completed in short period, I think you should check properly, that’s not how it works. You are even more likely to make bigger profits when you hold for a long time.

Imagine someone that bought their coins in 2015 and continued to hold it till now (2021) do you know how much they have made by now? So long term can possibly get you more than a short term. And of course if you utilize your short term trades rightfully, you can as well make good profit from it. It’s mostly about doing the right things when it is right to do it.

[taufik123]

Where you said most of the market’s revenue is completed in short period, I think you should check properly, that’s not how it works. You are even more likely to make bigger profits when you hold for a long time.

Imagine someone that bought their coins in 2015 and continued to hold it till now (2021) do you know how much they have made by now? So long term can possibly get you more than a short term. And of course if you utilize your short term trades rightfully, you can as well make good profit from it. It’s mostly about doing the right things when it is right to do it.

The long term will probably give you a bigger profit. But the problem is how strong your psychology is to hold the coins you invested from 2015 to 2021 and sell them now. Of course, not many will survive. It is very easy to calculate the profit if you hold it until now. Some lucky people even forgot their coins and opened them now.

[Wawa2013]

Where you said most of the market’s revenue is completed in short period, I think you should check properly, that’s not how it works. You are even more likely to make bigger profits when you hold for a long time.

Imagine someone that bought their coins in 2015 and continued to hold it till now (2021) do you know how much they have made by now? So long term can possibly get you more than a short term. And of course if you utilize your short term trades rightfully, you can as well make good profit from it. It’s mostly about doing the right things when it is right to do it.

The long term will probably give you a bigger profit. But the problem is how strong your psychology is to hold the coins you invested from 2015 to 2021 and sell them now. Of course, not many will survive. It is very easy to calculate the profit if you hold it until now. Some lucky people even forgot their coins and opened them now.

In theory, it is true that long-term Bitcoin holding can provide large profits, the problem is that many people fail to do it. Because it is difficult to be
patient not to sell the Bitcoin that we have in the long term, especially holding from 2015 to 2021, I'm sure very few people can do that. Although
there is also because the person forgot to have Bitcoin and just remembered now. So it takes practice and strong metal to hold Bitcoin in the long term,
we must look for strong motivation for our Bitcoin holding discipline.

[batang_bitcoin]

In theory, it is true that long-term Bitcoin holding can provide large profits, the problem is that many people fail to do it. Because it is difficult to be
patient not to sell the Bitcoin that we have in the long term, especially holding from 2015 to 2021, I'm sure very few people can do that.

It is not a theory that holding can provide huge profits. I've proven that to myself when I've held and passed on during the bearish year of 2018 and sold some for this year's ATH. And those people who have failed to do that lack of patience and experience which will make them confident that there's something big with what they hold.

Although
there is also because the person forgot to have Bitcoin and just remembered now. So it takes practice and strong metal to hold Bitcoin in the long term,
we must look for strong motivation for our Bitcoin holding discipline.

The motivation is to hold as long as you can because there are limited bitcoins in circulation and more and more countries are adopting it.

[Obito]

Stocking up is probably the best thing to do during this time that the market is in sideways because you have a discounted price for all the bircoin out there in the market. Plus it's a great filter for people who don't deserve to get a big profit because these times can make someone easily panic over the fact that the prices are going wild.

[Scarlett7777]

Stocking up is probably the best thing to do during this time that the market is in sideways because you have a discounted price for all the bircoin out there in the market. Plus it's a great filter for people who don't deserve to get a big profit because these times can make someone easily panic over the fact that the prices are going wild.

There are many situations, and you need to look at the trader’s own judgment. Sometimes, if you don’t judge the short-term trend well, you will lose the original bargaining chips in your hands when chasing the rise and the fall. It is better to lie still, but I still recommend traders I can summarize in the transaction, thinking that only after the real experience can we deeply understand some trading skills, so we in the blockchain circle not only need to make money, but also need to grow, grow in joy, grow in pain. Not having a few days of sleepless experience is not enough to talk about a deal.

In theory, it is true that long-term Bitcoin holding can provide large profits, the problem is that many people fail to do it. Because it is difficult to be
patient not to sell the Bitcoin that we have in the long term, especially holding from 2015 to 2021, I'm sure very few people can do that.

It is not a theory that holding can provide huge profits. I've proven that to myself when I've held and passed on during the bearish year of 2018 and sold some for this year's ATH. And those people who have failed to do that lack of patience and experience which will make them confident that there's something big with what they hold.

Although
there is also because the person forgot to have Bitcoin and just remembered now. So it takes practice and strong metal to hold Bitcoin in the long term,
we must look for strong motivation for our Bitcoin holding discipline.

The motivation is to hold as long as you can because there are limited bitcoins in circulation and more and more countries are adopting it.

Yes, more and more institutions are participating, and some small countries are also participating, which is very good.

[batang_bitcoin]

The motivation is to hold as long as you can because there are limited bitcoins in circulation and more and more countries are adopting it.

Yes, more and more institutions are participating, and some small countries are also participating, which is very good.

And use that as a motivation while you're holding whether you see the market plummets, you won't be discouraged a lot because you know that someday that the bitcoin you're holding will grow in time.
You just don't have to be affected that much when you see the price goes down because it will make you emotional and that's what you have to control when you see the market goes sideways.

[breathlessz]

when sideways we can wait until the signal is clear, in the sense that the market will break up or down. so we will know the direction of the market whether to continue the trend or even a reversal occurs, it does seem to be behind the price but with this kind of patience we will get a greater opportunity in determining the transaction

[Zilon]

In a sideways market ensure to trade the obvious. Always time you entry at a major support or resistance zone with profitable set-ups. Buying at major support or selling at resistance with a reasonable stop loss just before the highs of the highest wick to avoid a retracement before your stop loss. Trading sideways market is one of the most profitable and easiest which could pay randomly in shorter space of time

[noorman0]

There is no other way but to change the strategy, such as becoming a daytrader to cover losses gradually, or diversifying the portfolio into several altcoins that might have a big event in the near future.

Most traders are lazy to do this because it is out of habit, or some have to run the risk on the first try.

[Yamifoud]

There is no other way but to change the strategy, such as becoming a daytrader to cover losses gradually, or diversifying the portfolio into several altcoins that might have a big event in the near future.

Most traders are lazy to do this because it is out of habit, or some have to run the risk on the first try.

A trader shouldn't be behaving like that otherwise, he will be regretting it later.
Every action corresponds to results and if we don't encourage to improve our market understanding and strategies, we are simply bringing ourselves to losses. We need to be flexible and we have to adopt the behavior of the market, not the market will adjust to us.
If we wanted to have passive results, then we have to make ourselves busy analyzing the market as we are more exposed to it, the more learnings and market advancement we get.

[Rengga Jati]

If we only have a small Bitcoin amount, I will not make Bitcoin as daytrade or even in the future trading.
this is very risky and also the profits may not be good enough. Moreover, if we are not really familiar with this market situation.
I prefer to trade altcoins in this kind of condition. 
Maybe this is different, but in fact, this is what happens, better to wait until the BTC price gets the clear situation.

[conected]

In a sideways market ensure to trade the obvious. Always time you entry at a major support or resistance zone with profitable set-ups. Buying at major support or selling at resistance with a reasonable stop loss just before the highs of the highest wick to avoid a retracement before your stop loss. Trading sideways market is one of the most profitable and easiest which could pay randomly in shorter space of time

- Sounds like a sideways market is a place to cash out but the profit period is so shortened, it can also be a point of departure for risks because a sideways market has no distinction between upward and downward direction, it is clearly an intermediate market between bulls and bears, once we are on the enemy's side and are defeated, instead of enjoying the profits, we continue to enjoy the brutal and bloody feast. Going sideways is the commerce market, where we will pause the wars and accumulate weapons

[john_nautica]

Most of the market's revenue is completed in a short period of time. Most of the time it is horizontal. The sideways market is actually the best time to stock up. Normally, at the end of a sideways market, you will always feel that the window period is too short. Short positions are very dangerous because they are really easy to miss. Be able to hold Bitcoin firmly, trade on the left, do not bet on trends, and do not choose timing. Hold the currency firmly.

I agree, just holding for now seems like the best idea. If we have some spare money we could use it to trade in alt coins market. But if we don't have any other funds, we could consider just selling some of the bitcoins and start trading alt coins instead. The thing with sideway markets is that we don't know when they are going to end. There could be a sudden news of a billionaire who starts buying bitcoins in large amounts, then overnight the price would sky rocket again. Leaving at least some money in the bitcoin market secures us a profit for the next rally.

Yes, holding is the safest move also when things are really uncertain just like this. Although, I would also want to buy more coins when they are cheap at this moment, but of course after a thorough research on its potentials. These times are really tricky and one wrong move can make drastic consequences so patience must also be practiced.

[leea-1334]

Stocking up is probably the best thing to do during this time that the market is in sideways because you have a discounted price for all the bircoin out there in the market. Plus it's a great filter for people who don't deserve to get a big profit because these times can make someone easily panic over the fact that the prices are going wild.

It really really does depend on what you are doing though. If you are holding or trading super long term then for sure, sideways is buying time, but not too much too or you got nothing left when the real dip happens. On the other hand, if you are a short termer then you keep wanting to make money from volatility even during sideways market periods.

[jostorres]

Most of the market's revenue is completed in a short period of time. Most of the time it is horizontal. The sideways market is actually the best time to stock up. Normally, at the end of a sideways market, you will always feel that the window period is too short. Short positions are very dangerous because they are really easy to miss. Be able to hold Bitcoin firmly, trade on the left, do not bet on trends, and do not choose timing. Hold the currency firmly.

I think you were trying to say that bull run in the market happens for a short time?
During bearish trends like this, I don’t expect to do anything at all. It’s best to just keep your coins and do nothing, if you happen to miss it. Although the decrease after this last bull run wasn’t that much, unlike the last time in 2017 that it crashed heavily.

But holding on is always the best answer to this. Unless you think you can be able to day trade and make some profit and cover up everything you have lost, but that comes with an extra risk. If you don’t know how to trade then you’re going to be losing your money.

[Distinctin]

Stocking up is probably the best thing to do during this time that the market is in sideways because you have a discounted price for all the bircoin out there in the market. Plus it's a great filter for people who don't deserve to get a big profit because these times can make someone easily panic over the fact that the prices are going wild.

It really really does depend on what you are doing though. If you are holding or trading super long term then for sure, sideways is buying time, but not too much too or you got nothing left when the real dip happens. On the other hand, if you are a short termer then you keep wanting to make money from volatility even during sideways market periods.

Stick to the plan, if Plan A never works then we have to proceed with Plan B or else, we have to set for another Plan as the situation is also changing. Either be a short-term or Long-term trade, it also depends on the market trend. We need to be flexible as we never know the trend of the market but more possible it is certainly moving up and down, and as a trader, we have to analyze it otherwise our trade will end up in losses and failure.

[LUCKMCFLY]

I have a different view of the market, when the BTC market is sideways I think it is the best time for the investment of the highs, the reason is simple, many of the BTC investors shelter their money in the highs waiting for them to grow to that can provide short-term benefits, if there is a BTC bull run the alts will rise, and the advantage is that the alts when they rise they do so very quickly and in a great way. However, this is my position on the market with the little that I have learned since 2017, and from reading some books, although it is a different position I think it has very good logic, since the technical fundamentals are other additional things to help with short-term analysis.

[leea-1334]

It really really does depend on what you are doing though. If you are holding or trading super long term then for sure, sideways is buying time, but not too much too or you got nothing left when the real dip happens. On the other hand, if you are a short termer then you keep wanting to make money from volatility even during sideways market periods.

Stick to the plan, if Plan A never works then we have to proceed with Plan B or else, we have to set for another Plan as the situation is also changing. Either be a short-term or Long-term trade, it also depends on the market trend. We need to be flexible as we never know the trend of the market but more possible it is certainly moving up and down, and as a trader, we have to analyze it otherwise our trade will end up in losses and failure.

You kind of contradicted yourself though with stick to the plan,,, which negates the need for Plan B;)

The only true Plan A that will always work is dollar cost averaging, in which case, you are not even a trader anymore but a long time investor/hodler.

But if you are serious about trading, you cannot afford not to have Plan B or C even!

[lalabotax]

And now, the market is getting down, like previously, always down because of the weekend.
Well, about sideways, I personally also feel disturbed with this market situation. Commonly, altcoins will go up when the BTC price is sideways, but now, it is still the same, it is still a downtrend.
And I commonly stop trading Bitcoin when sideways because I often lose or drop my asset. i prefer to trade altcoins at this time.