BitcoinUpdated Bitcoin: Buy the What? When? - Patience Through Understanding
Buy the dip? When is that? What if I buy then there's a bigger dip? How do I know there'll even BE a dip? Have I missed the boat?
Relax. I know history doesn't repeat, it haikus blah blah blah, but if we CAN'T use historic data, what else can we use?
So today's chart clearly shows good times to buy when the RSI is under 40 and the price is under the 50MA on the daily chart. It's very simple. The more I learn, the more I release that so many indicators do pretty much the same thing so it is a waste of time to use so many if they're essentially different versions of the same thing. So simple is enough.
The point of this post is to help you relax and time your buys wisely (according to historical data). I find this kinda thing helpful, it's not financial advice. Do I even need to say that?
I'll attach the most recent part of the chart down below, coincidentally, that's where you can shoot your comments and questions.
Cheers.
Relax. I know history doesn't repeat, it haikus blah blah blah, but if we CAN'T use historic data, what else can we use?
So today's chart clearly shows good times to buy when the RSI is under 40 and the price is under the 50MA on the daily chart. It's very simple. The more I learn, the more I release that so many indicators do pretty much the same thing so it is a waste of time to use so many if they're essentially different versions of the same thing. So simple is enough.
The point of this post is to help you relax and time your buys wisely (according to historical data). I find this kinda thing helpful, it's not financial advice. Do I even need to say that?
I'll attach the most recent part of the chart down below, coincidentally, that's where you can shoot your comments and questions.
Cheers.
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Buy time againNote
Almost there again...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.