BTC 20% loss eminent, be advised 12/26 9PM EST

Dianne said:
BTC has been falling slowly all day. It is now 792. Does anyone have a recommendation when to buy back in?
Click to expand...

Depends on strategy. Inexperienced traders generally should be longer term holders. Profiting from smaller swings if/when comfortable. Day trader evaluate short term action, long term holder recognize this is already a dip. If this were any given commodity I liked long term, and I had more cash than I would invest in it if it were 400, I'd consider 50+ % of my total eventual investment now. This is from a belief that this commodity was a reasonable price at 900+( because I think most invested think it is.) This is a conservative strategy that doesn't stress out investor either way it goes from here.

not to be construed as necessarily knowing wtf I'm talking about (as always)
 
Last edited:
You must log in or register to reply here.
Back
Top