BitcoinLong
BUY THE FEAR!!
Hi everyone!! I do not have much to add technically from the previous post.We have set our positions and BTC has entered our buy zone.
The reason for this post is seeing sentiment changing with price action. People that have been calling moon at 13k are now saying, we are heading below 2k levels. As what we have always done, we move to the opposite direction from the herd. Where we have sold the hype at 13k and buy the lows where there is fear.
Our past post for couple of months have been mostly bearish, yet I believe we are coming to a place where we can start to turn the green light on!
I still believe we have a little more room to move downwards!! However since no one can predict the bottom we can start entering small positions and gradually increase our size within our buy zone.
I have said it many times before never try to catch a falling knife,as most of the time people get crushed while trying to run the opposite way of the herd. However the key is positioning. Hedge yourself and protect yourself. Never go all-in, and never trade with more than you can afford to lose.Stay safe!
As always just a thought not an advice!!!!
Previous post:
The reason for this post is seeing sentiment changing with price action. People that have been calling moon at 13k are now saying, we are heading below 2k levels. As what we have always done, we move to the opposite direction from the herd. Where we have sold the hype at 13k and buy the lows where there is fear.
Our past post for couple of months have been mostly bearish, yet I believe we are coming to a place where we can start to turn the green light on!
I still believe we have a little more room to move downwards!! However since no one can predict the bottom we can start entering small positions and gradually increase our size within our buy zone.
I have said it many times before never try to catch a falling knife,as most of the time people get crushed while trying to run the opposite way of the herd. However the key is positioning. Hedge yourself and protect yourself. Never go all-in, and never trade with more than you can afford to lose.Stay safe!
As always just a thought not an advice!!!!
Previous post:
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