Left-side trading and right-side trading! Which is stronger, which is weaker?
Left-side trading emphasizes selecting good targets, buying during a decline, and then holding! Left-side trading is suitable for targets in a rising trend on a larger time frame while being in a declining trend on a smaller time frame! The advantage is that if done correctly, it can yield a higher return rate! The disadvantage is that a new round of rises may not have actually started, so it may require a greater time investment!
Right-side trading emphasizes entering after a round of rising has begun! The advantage is that the rise has already started, and if right, one can quickly reap profits, even catching the fastest part of a target's rise! The disadvantage is that the overall returns of a target may be smaller, and if the target is not chosen well, one has to endure significant drawdowns!
Left-side trading and right-side trading each have their pros and cons, and individuals can choose based on their personal style!
When I noticed $PNUT and $ACT , they were at relatively high positions and were new coins, so I didn't dare to chase. Pnut can be said to be the leader of this meme wave, and act is a meme + AI concept, with both coins having extremely high traffic. Currently, it is just the early stage of a bull market, so I believe there will be considerable price increases going forward.
When Pnut was above 1.5, many people were shouting to buy, I just watched, and waited until Pnut fell to its lowest point, pulled back a few times, and after being knocked down again, I finally bought when it rose again (act had a similar trend but with different price volatility) #PNUT🔥🔥🔥