I believe in 20k this year, however, I don't have any funds in btc and the current price is too high to buy now. Thus, I'm waiting for some falling to have a chance to buy.
In 2017 on the last run up Bitcoin had at least 11 crashes of 50% or more for the year.
Bitcoin will be volatile for years to come. I personally think one of the better strategies to trade it is to buy the crashes. Have orders in the market that starts at about -50% from the last high and TP out at last high + 50% or something like that.
You can do a lot worse than double your money 11 times in a year. It will likely work for the next decade or so. That said as it matures the volatility will drop over time and the crashes will become less and less severe.
Easy to code and run, but takes the patience of Noah to trade like that. Looking at a trade a month or even less.
Bitcoin will be volatile for years to come. I personally think one of the better strategies to trade it is to buy the crashes. Have orders in the market that starts at about -50% from the last high and TP out at last high + 50% or something like that.
You can do a lot worse than double your money 11 times in a year. It will likely work for the next decade or so. That said as it matures the volatility will drop over time and the crashes will become less and less severe.
Easy to code and run, but takes the patience of Noah to trade like that. Looking at a trade a month or even less.
What are peoples thoughts on whether BTC is correlated to anti-correlated to general market risk? If the economy tanks and stock prices fall, will people turn to BTC as a 'safe' alternative? Or will BTC also fall drastically because it is a 'risk' asset?
No one has any real idea. Bitcoin was created after 2008. The last real major market event.
There isn't any historical precedent for Bitcoin. I'm sure there will be lots of opinions, but the fact is it's a complete unknown.
There isn't any historical precedent for Bitcoin. I'm sure there will be lots of opinions, but the fact is it's a complete unknown.
Aug 16 2019 at 18:03
I think that bitcoin will stay on top anyway. He hit a low of $ 3,000. Is there at least one currency that is also worth against the dollar? Even if the world does not pay attention to bitcoin, it still remains in value.
Now Bitcoin has been able to rise after the fall, I think this is a good sign.
Now Bitcoin has been able to rise after the fall, I think this is a good sign.
Nuadahuginn posted:
I think that bitcoin will stay on top anyway. He hit a low of $ 3,000. Is there at least one currency that is also worth against the dollar? Even if the world does not pay attention to bitcoin, it still remains in value.
Now Bitcoin has been able to rise after the fall, I think this is a good sign.
What’s your prediction on December 2019? I am curious to know!!
Now we are in a sideway market and till now the price is near about the 10K! So; opportunities are on!
Hello BTC traders; what’s going on? This weekend was so much interesting; although I didn’t open any new trade! What’s the update from you?
I’m waiting for BTC to touch $10,000 so that I can put a sell order.
