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9 Survival Tips for Crypto Winter

Seasoned traders consider the current market conditions to be “choppy,” the bleakest environment for newbie traders. Or any trader, for that matter. “It’s bad for both short and long biases,” says Melker. He explains that when the price gets to the top of a certain range, “the shorts get liquidated,” and then when the price tumbles back to the bottom, “the longs get liquidated. Rinse and repeat. It’s benefiting no one.”