My strategy when trading in a frustrating sideways market is to use a grid bot
A grid bot is an automated trading tool that buys low and sells high within a certain price range. Users set the price range and the number of grids, and the bot automatically places buy and sell orders.
Advantages:
-Automation, saving time.
-Taking advantage of small fluctuations.
-Minimizing risk by splitting capital.
-Suitable for volatile markets.
Disadvantages:
-Needs knowledge of the market.
-Risk when strong fluctuations exceed the range.
-Needs frequent monitoring and adjustments.
Types of Grid Bots:
-Spot Grid Bot: Instant trading.
-Futures Grid Bot: Trading futures contracts, with leverage.
In summary, grid bots are useful but require knowledge and caution when using.