Left-side Trading vs Right-side Trading: Which One Suits You?
Left-side Trading: Bottom fishing/Top selling
What it means: Guessing the market will reverse, buying low and selling high in advance. For example, buying BTC when it drops to 16k and selling when it rises to 30k for a big profit.
Advantages: If you bet right, the profits can be huge, and bottom fishing and top selling feels great.
Disadvantages: If you guess wrong, it can be disastrous, like bottom fishing SOL at 135U, and it drops to 100U causing a mental breakdown.
Who is it suitable for: Those with spare cash who can endure losses for 1-2 years. Understand the project and on-chain data (for example, a surge in active SOL addresses). Have a strong mentality and dare to increase positions even when the price drops.
Key points: Buy in batches and set stop-loss (run if it drops below key points).
Right-side Trading: Following the trend to chase up/stop-loss
What it means: Wait for the trend to become clear before taking action. For example, chasing after SOL only after it breaks through 200U, and cutting losses if it breaks support.
Advantages: High win rate, low risk, suitable for beginners.
Disadvantages: May be a bit slow, potentially only capturing part of the profit.
Who is it suitable for: Those who like to watch candlesticks and indicators (MA, MACD). Afraid of losing money, wanting to earn a stable 20%-30%. Have no time to research, just want to follow the trend.
Key points: Confirm the breakout before chasing (for example, volume breaks 200U). Take profits after a wave and don't be greedy. Avoid trading in a volatile market (price fluctuating back and forth).
How to choose?
Beginners: Start with right-side trading, practice with USDT and BTC 30-day moving average (buy when it's stable, sell when it drops), take profits at 20U.
Experienced traders: Test left-side trading with a small position (1% of funds to bottom fish potential coins), but must set stop-loss.
Be flexible: At the end of a bear market (like the end of 2022): bottom fishing BTC/ETH on the left side.
In the middle of a bull market (like in 2023): chasing up on the right side.
In a volatile market (like 2024 BTC 60k-70k sideways): stay in cash.
Final reminder: only use spare money, the crypto market is extremely risky! Learn some candlestick patterns and on-chain data, don't blindly follow the trend. There are no divine strategies; setting stop-loss and take-profit is the most important.