Set it and forget it!
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.
Tina Lashley 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.