Is this the end or just the beginning?
One day a man asked me. What to do - I bought bitcoin for 20,000 dollars. And now it costs 6000 dollars.
The market has one law. Rather, he has many laws, but one is suitable for this case!
The market never goes in one direction!
I will repeat if someone has not seen.
The market never goes in one direction!
What does it mean? This means that you need to use the position averaging strategy. Bought BTC for 20k? Buy for 10k. Fell down to 5k? Bought more.
What will happen at the end?
| 3k USD | You buy BTC | Total Balance |
|---|---|---|
| Buy 1000 USD for 20k | 0.05 BTC | $2000 and 0.05 BTC |
| Buy 1000 USD for 10k | 0.10 BTC | $1000 and 0.15 BTC |
| Buy 1000 USD for 5k | 0.2 BTC | $0 and 0.35 BTC |
So if you use averaging you will have 0.35 BTC in your Wallet. Right?
What happens if the price bounces from $ 5,000 to $ 10,000?
0.35 BTC*10000 USD = 3500 USD.
Profit. Right?
Now the main question. Why show greed and buy everything for 20 thousand, when you can spend a third of the capital. And if the price falls, buy at a lower price. And so on.
Greed? It's greed! Do not be greedy! Then you will always trade in profit!
Be fucking smart! And there will be happiness for you! Now go and destroy this market! He will not destroy you, but you will destroy him! Show here who has steel balls xDD
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