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RE: Bitcoin TA - summary of analysts - 10. Feb 18
I really like philakonecrypto and Haejin and though they both call another downtrend, I’m hesitant to sell right now, as it is unclear how low. As a little trader the cost of trading ( miner fees and exchange rate) sometimes exceed the gains that can be made. If there is another lower low, I’ll just BTFD with some cash I raised earlier. I do wish that there will be a day again that all the analyst are aligned, they were most of the time in the bull market and also the obviously bear market. But now we are at a turning point and that is so much more difficult. The fact the opinions are not exactly the same, tells me it’s hard to call it.
It feels like a puzzle and which of the TA’s was the solution?
Time will tell......
sell?! now is not the time to sell
Well why not, if I can buy back lower?
I agree - it is difficult at the moment. TA is all about probability so no guarantee.
What I£n do I try to protect me with shorts at barriers as selling seems to much of a risk for me. That said I have also some cash in case we see a new low.
However things are coming I wish you all the best for your trades!
Thank you famunger. I actually do the same as you ( if I understood correctly). I trade shorts in the bear market ( following Phil). And hold some cash to btfd or opportunities, but I also have a lot of hodls and I ponder if there are better ways at the moment, but decided to stick to this strategy. Thanks for the excellent overview.
I have another suggestion of an analyst to add; @CryptoPassion ( he has a large following)
Yes - it seems we have pretty much the same strategy. Phil is great - unfortunately I don’t have the time for such shirt trades - I need. At least 1/2 day and beyond. That is something I am still figuring out for myself.
I will look into CryptoPassion - depends on how he is structuring his content as it already takes around 1 hour daily to prepare my overview - can’t add to much there and I don’t see takingnone of the current analyst off.
Same here, not enough time to day trade enough, I have a technical start up in launch phase.....
I’m glad I got Phil on your blog I think he is good, passionate and kind. Cryptopassion is not my favorite but he does do a good analysis and has a big amount of followers. I think it would attract even more attention to your overview and add value and followers. It’s your own choice of course.
I like the overviews, thank you for putting them together.
Being in a start up phase really consumes time - I know that. I hope we hear about your start up soon! Let me know when I can support here!
And thanks again for bringing Cryptopassion to my attention.
Hi Famunger
I really like to take you on on that offer, as I see you are an entrepreneur, investor and coach. That is really interesting.
Is there a way to talk privately once to tell you what we are doing?
Steemit.chat is an option. But I am travelling until end of month. So I have limited options. But if you like you can post me there an outline of what you are planning and where you could need support with.
Dear Famunger, I can wait until the end of the month if you prefer.
I shot you a message, I hope you have time to read it.