Are you a left-side trader or a right-side trader?

Many people have been trading in the crypto space for a long time, losing money left and right, and in the end, they look confused. When I ask: are you a left-side trader or a right-side trader?

The other party is puzzled: what is left-side, what is right-side? I really feel helpless; if you can't even figure out left-side and right-side, how do you expect to make money in the crypto space? Come on, isn’t that just relying on luck?

Know your enemy and know yourself, and you will never be defeated; if you do not know your enemy and do not know yourself, you will be defeated in every battle. The crypto space is a battlefield. If you do not understand yourself and do not understand the market, do you expect to get rich? Is that possible? So every trader must first figure out what suits them. Today we will talk about left-side trading and right-side trading to help you find direction.

1: What are left-side trading and right-side trading?

Left-side trading: counter-trend operation, simply put, you have to act like a "prophet", predicting that the price will reverse and taking action in advance. For example, if BTC falls to $90,000 and you think it will rebound, you decisively buy the dip; or if it rises to $100,000 and you think it will fall, you sell in advance. This kind of trading is high risk and high reward; if you succeed once, you can earn a lot of money and boast about your "divine prediction", but it is very difficult. You either need to have strong patience to wait or have precise predictive ability. In summary: be a Zhuge Liang beforehand, guessing the ups and downs in advance, buying and selling a step ahead.

Right-side trading: trend-following operation, waiting for the trend to be clear before entering. For example, if BTC rises to $90,000, breaks through a resistance level, and the trend is confirmed to be upward, you then jump in; or if it breaks a key support level and the trend is downward, you then sell. Right-side trading has high certainty and low difficulty, but the returns may be less because you are always half a step behind and can only capture a portion of the profits, and you can't boast about how great you are. In summary: be a Zhuge Liang afterward, buy only after it rises, and sell only after it falls.