Wednesday 8 July 2020

Bitcoin: Smart money, dumb money

When timing your entries and exits of the Bitcoin market, your success can be partially attributed to whether you are the smart money, or the dumb money. Video by Benjamin Cowen.

Are you the smart money getting into the market when it is quiet? Or are you the dumb money rolling up once BTC has already gone parabolic? Identifying your prior mistakes and having more resolve over the macro-scale should help with managing your position within the cryptocurrency asset class. Remember, bull markets can make you money, but bear markets can make your rich.



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