Timing is crucial when bottom-fishing. My idea is to start with tentative positions, taking small trades to explore the market, rather than going all in at once. The key depends on Japan's interest rate hike actions; once this data is released, it can influence market sentiment. The safest approach is still to wait until the US stock market opens and observe how the major indices react, then look for signals. The real opportunity window is in the early hours of the night, when the trends of #大户持仓动态 and $BTC will be clearer. Building positions gradually is always safer than a one-time bottom-fishing, and managing risk is the most important.
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.
11 Likes
Reward
11
4
Repost
Share
Comment
0/400
OnchainDetectiveBing
· 12-18 21:21
You're not wrong. Sticking to the batch approach is still necessary. Those who go all-in in one shot are basically just here to give away money.
View OriginalReply0
BlockchainBrokenPromise
· 12-18 21:18
I'm okay with testing the build-up; just worried that my reaction speed can't keep up with the opportunity window.
View OriginalReply0
Blockblind
· 12-18 21:05
That's right, the batch approach is indeed reliable; I'm just worried about human nature succumbing to greed.
View OriginalReply0
MetaverseLandlord
· 12-18 21:03
The idea of probing for building positions sounds good, but to be honest, can you really think clearly in the middle of the night? I feel like there are more variables.
Timing is crucial when bottom-fishing. My idea is to start with tentative positions, taking small trades to explore the market, rather than going all in at once. The key depends on Japan's interest rate hike actions; once this data is released, it can influence market sentiment. The safest approach is still to wait until the US stock market opens and observe how the major indices react, then look for signals. The real opportunity window is in the early hours of the night, when the trends of #大户持仓动态 and $BTC will be clearer. Building positions gradually is always safer than a one-time bottom-fishing, and managing risk is the most important.