Someone asked me recently why Iโve been so steadyโhereโs the answer.
Why do most people still canโt make money during a bull market? Itโs not that they picked the wrong directionโitโs that they canโt hold on.
$BSB current price is 0.0896. Pull up the weekly chart and youโll see the trend has been upward the whole time, but every pullback is met with people cutting at the bottom.
Real profit comes from holding, not from trading. Making two hundred trades in a year is no better than staying in the right spot for three months. This isnโt pleasant to hear, but the fact is exactly thatโbull markets reward patience, not cleverness. Bull markets reward patience, not cleverness.
Funding rate +0.0050%. Long and short are still relatively balanced; itโs not at an extreme.
For my own part, I went in with my initial position first. The rest Iโll add on a pullback to 0.0885, with a stop-loss at 0.0857.
The MACD golden cross is pointing upward, but it hasnโt flipped to long yet. 24h trading volume is 86.9M, and the momentum is still there, suggesting the capital hasnโt left. Remember: this is a bet on a pullback, not a reversal of the trend. Take profits when you should, donโt get greedy at the very end.
In the end, itโs just one sentence: plan your trade, trade your plan. The levels are givenโcontrol your position size yourself.
How many people are still on the train? Comment the number in the comment section.
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