Cryptos may have bottomed out in the short term and are getting slightly bullish. Bitcoin needs to cross back up above $7.8k through $8k and Ethereum back up to $500. It is very interesting how when the market was at it's peak, people would have begged for these prices. Interestingly, that brings us to another point, which is how to profit during a sideways market.

i posted out lists of undervalued cryptos. So many were oversold and down from their highs. Litecoin (LTC) was around $115. Right now, it is at about $134 for a 16% gain and it is up 12% day over day. Steem (STEEM) is up about 30% in the last few days and up 25% day over day at about $2.17 right now. It was at about $1.58 when we mentioned it last week. It was even up to $2.45 for a bit yesterday. When the market bottomed out, every single crypto we mentioned is up right now since that time.

So, you can do the math for how much you could profit depending on how much you put into the trade. Also, you could sell today or see if the market continues rebounding this week, sell later, and rebuy in on another low. The goal is to build your funds and allocate some funds to longer term holds. Right now is not the time to be married to every crypto in your portfolio unless you are fine to sit back and hold for the longer term. If you have the liquidity for that, then, great. As we've said before we have a mix of long term and mid term holds as well as trading in and out of the highs and lows of the market bouncing around.