Forwarded from Crypto Signals
No bearish signs yet on BTC/USD….
With these two wicks, this looks anything but bearish!
With these two wicks, this looks anything but bearish!
Bitcoin is currently in price discovery mode.
It’s testing levels we never tested before and trying to look smart by predicting tops can cost you a lot.
Can this be top?
It could but I would not bet my money on that neither should you!
Out of 1000 traders, you may find one that made money predicting the tops of similar bull cycles.
It’s testing levels we never tested before and trying to look smart by predicting tops can cost you a lot.
Can this be top?
It could but I would not bet my money on that neither should you!
Out of 1000 traders, you may find one that made money predicting the tops of similar bull cycles.
Forwarded from Crypto Signals
Ethereuem is too close to its previous all-time high for it not to be reached (at least wick into that area).
Almost at the new all-time high.
I expect it to be reached very soon.
All we need is stable Bitcoin and ETH/BTC pair will do what’s necessary to bring us to the new ATH.
I expect it to be reached very soon.
All we need is stable Bitcoin and ETH/BTC pair will do what’s necessary to bring us to the new ATH.
If you can’t sleep at night because Bitcoin fell 20% then you have too much of your assets allocated to it.
Bitcoin is volatile. It will swing a lot in both directions. You need to be able to handle the volatility. If you can’t handle the volatility then don’t put so much of your money into it. If you only put 20% of your money in Bitcoin and the price falls 20%, then that’s only a 4% drop in your net worth. If Bitcoin is 50%, then that’s a 10% drop. If you cannot handle these swings then to need to lower your exposure.
You should not be up at night wondering how much money you may gain or lose the next day and how it will affect your financial situation. This mostly goes for losing money though as no one seems to think they’re overexposed when they’re making money.
Bitcoin is volatile. It will swing a lot in both directions. You need to be able to handle the volatility. If you can’t handle the volatility then don’t put so much of your money into it. If you only put 20% of your money in Bitcoin and the price falls 20%, then that’s only a 4% drop in your net worth. If Bitcoin is 50%, then that’s a 10% drop. If you cannot handle these swings then to need to lower your exposure.
You should not be up at night wondering how much money you may gain or lose the next day and how it will affect your financial situation. This mostly goes for losing money though as no one seems to think they’re overexposed when they’re making money.