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RE: BTC - Double low - Looks like it is creating a bounce
- Take time to have a plan
- Do not enter the market if you do not feel comfortable with your trade
- Always look for a bigger Risk/Reward ratio
- Try to anticipate the market by thinking like a whale (a whale will probably not play most of the bounces, but will wait for the best entry point)
Be fearful when others are greedy and greedy when others are fearful W.B
Great tips, thank you @cryptotradingfr
With pleasure @lizette
Tthese are known tips but a small reminder is always nice =)
@cryptotradingfr, are you selling or holding in this market?
Hi @colinbrazendale, We've actually sold a portion of our portfolio when BTC was at $19k.
We are strong believers and have bought many times too soon but always buying on red candles (true honesty here + never rush a trade).
The bubble cycle has played out nicely and it seems that we are getting near a bottom (easy to say after 70% decrease in price).
We might see one last dump, but CBOE Futures contracts have expired today. Hers a nice detailed information on why this is important news.
Oh thanks for these tips. I can't tell how much you've helped me!