 (click to enlarge image) My Thoughts: Set it and forget it! Truly! Really! Your Bitcoin trade will either work or it won't! I have money on the line that crypto will work. Enough money that if it works, I walk away with a sizable profit. And if it doesn't work; I will walk away with minor scratches. Based on the chart; I am expecting Bitcoin to go a bit lower from here. If you believe in the long term prospects, just add on the dips. But not so much that if this sheds 50%+, you'll lose sleep. Sleep is important; sleep is good. Try not to lose any over crypto (unless you want to). At any rate; paying attention to $8370. If that breaks (and it's looking like it will); we can potentially get a retest of Feb lows ($5873). Ideally, you want those levels to hold, if it can not; I think it can get nasty. Rest assured that if Bitcoin was going away; it probably wouldn't be here right now. Long Live Satoshi! Long Live Crypto! DISCLAIMER: Nothing on this site shall be constituted as investment advice. Cryptocurrency is a highly, note, HIGHLY speculative market. The returns are great but so are the risks! As with investing; I never invest with money I can not afford to lose.
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AuthorTina "ShortMeTina" Ley (pronounced Lee) holds a Bachelor of Arts in Forensic Psychology and a Master's of Science in Mental Health Counseling and has been a stock market participant for over 10 years. Currently a Full-Time Trader and Blogger of all things financial. Archives
March 2018
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