Bitcoin- No value area
Here is a channel that we use to find value in bitcoin. We wan't to buy low sell high so We must know where We are in relation to the price action. Bitcoin may go to moon but it is more likely that it will drop in price rather than rise. We should not be buying bitcoin at these levels. We are at a crossroads with massive moves to the downside or upside imminent. You should never be long or short around 10k. wait for confirmation of breakout. I am sorry your weak hands didn't buy at 5k but the rest of us are sitting pretty waiting on the next dip.
What you need to do is grow a pair of balls and buy when others are selling. We all pretend its easy to buy the bottom but it is not. When we crashed in march how many of you had limit orders for 3.8k ? How many of you didn't buy at 5k because you thought it might dip back down again.
This is the game. Hindsight is for losers. Sure it might have dipped to 3k from 5k after the bounce but you sat on the sidelines because you missed out on the dip and don't want to miss a second dip. Was there another dip? Nope.
Indecision is no decision and We never dipped back to 3.8k. And you watched thinking in hindsight ..."if only"
Not me. i bought at 5k 7k. That was after i rode ETH from 120 to 200$ for the second time.
My strategy has changed. I have a hodl bag i dont touch (32 ETH) . But i am no longer "hodling" . I have identified fib reveral points and put in sell and buy orders on them.
What you need to do is grow a pair of balls and buy when others are selling. We all pretend its easy to buy the bottom but it is not. When we crashed in march how many of you had limit orders for 3.8k ? How many of you didn't buy at 5k because you thought it might dip back down again.
This is the game. Hindsight is for losers. Sure it might have dipped to 3k from 5k after the bounce but you sat on the sidelines because you missed out on the dip and don't want to miss a second dip. Was there another dip? Nope.
Indecision is no decision and We never dipped back to 3.8k. And you watched thinking in hindsight ..."if only"
Not me. i bought at 5k 7k. That was after i rode ETH from 120 to 200$ for the second time.
My strategy has changed. I have a hodl bag i dont touch (32 ETH) . But i am no longer "hodling" . I have identified fib reveral points and put in sell and buy orders on them.
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