BTC - Accumulation time people
Zaktualizowano
Nothing in-particular to point out on this chart other than the idea that it is time to ACCUMULATE. What do I mean? At some point bit-coin will bottom and at some point bit-coin will shoot for the stars. Will you catch the exact bottom? Probably not. Me neither.
So here is my plan....
I'm buying and holding, no stop, small fractions of bit-coin every time it hits a major support. If it breaks support and falls even lower oh well, I'll add to my long position at the next support level. Basically "Averaging down" Oh no you say! Never do that!
Well, this market is different, in my opinion. Bit-coin, like gold, will always have a value, at least to me. So....... If I buy a little at 6K and then again at 5K only to double up at
4K and then tipple up at 3K only to buy more at 1K so be it.
Bit-coin is limited - a finite quantity. At the end of this game you either own it or you don't. At that point - GAME OVER.
That's my IDEA and I'm sticking to it.
So here is my plan....
I'm buying and holding, no stop, small fractions of bit-coin every time it hits a major support. If it breaks support and falls even lower oh well, I'll add to my long position at the next support level. Basically "Averaging down" Oh no you say! Never do that!
Well, this market is different, in my opinion. Bit-coin, like gold, will always have a value, at least to me. So....... If I buy a little at 6K and then again at 5K only to double up at
4K and then tipple up at 3K only to buy more at 1K so be it.Bit-coin is limited - a finite quantity. At the end of this game you either own it or you don't. At that point - GAME OVER.
That's my IDEA and I'm sticking to it.
Uwaga
Yeah, that looks like a Bear Flag and may very well break down. Good. Another opportunity to add to the stack.I've got a stack of Platinum, Gold and Silver too so why not Bit-coin?
Transakcja zakończona: osiągnięto poziom stop
I took the money for a profit and ran. I'll try again at lower prices....
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