BitcoinLong
Bitcoin strategy 2022 and forward
Updated
I'm doing some technical analysis on this one, but it doesn't matter much.
My strategy is very simple, to buy every $10.000 price drop on bitcoin for €50k each = 200k investment.
The strategy is buy and hold. A loss is a loss first when you close your trades.
Scenario, it goes down to 10k, I have 200k invested, this is best scenarion more or less because the lowest bought position will be 10x when price goes up to 100k.
If price goes to 10k, then it needs only to go to 25k to be breakeven on all positions.
My strategy is very simple, to buy every $10.000 price drop on bitcoin for €50k each = 200k investment.
The strategy is buy and hold. A loss is a loss first when you close your trades.
Scenario, it goes down to 10k, I have 200k invested, this is best scenarion more or less because the lowest bought position will be 10x when price goes up to 100k.
If price goes to 10k, then it needs only to go to 25k to be breakeven on all positions.
Note
We have just bounced to the point at the trendline that was duplicated from the upper trendline. This shows that psychology is moving Bitcoin more than anything and that we can rely on these types of technical analyzes.I'm pretty confident we will move down now to 30k after a possible consolidation around this trendline, if not broken immediately.
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