Last bitcoin drop is comming! Are we going to see 5k usd?I posted a few days ago some similar post that the bitcoin drop was not over, that there still was a 5th legg of an impulsive wave was coming. We finally start dropping.
If you don't want to miss the bottom or buy in to late.
In my private tradinggroup everybody sold their positions yesterday morning and now we're just waiting for the drop or a breakout. Timing the perfect bottom is almost impossible and especially when you're not behind the screens everyday. A nice way to play this out and people in our private group do, they cost avarage the drop. So for example everytime we drop 500 usd we buy some alt-coins.
A good example:
10% at 7.500 usd
12,5% at 7.000 usd
15% at 6.500 usd
17,5% at 6.000 usd
20% at 5.500 usd
25% at 5.000 usd
I had lots of complains at my last post when bitcoin did raise just 300 usd, calling me a bad trader and people didn't understand why I was on the front page so often. People should understand when bitcoin is stable or a just going up a bit, alt-coins get bought heavily. I also trade this small trades on the alt-coins, when I see some breakout I buy alt-coins, but I'm not greedy at all, I sell them quickly.
But because all the complains on my last post from now on I always put a disclaimer below my posts.
All information and ideas I posts are for informational purposals only. Everybody should do their own research and make their own desicions. All my ideas are based on my own opinion and experience, it is no professional financial investment advise.
