Managing a position in Bitcoin is certainly not for the faint of heart. Personally, I try to enter the market when it is relatively quiet and not chance major short-term pumps, but I know that this does not sit well with everyone. I just want people to know that chasing these types of moves can work out well sometimes, but frequently it does cause people to lose a lot of money. Buying Bitcoin at $42k and watching it drop to $30k within 48 hours surely turned a lot of stomachs. This channel focuses on accumulating Bitcoin at low risk levels, and systematically offloading it at higher risk levels. While I know exercising caution will garnish some criticism or will be written off as FUD, we just merely want people to understand the risks they take in accumulating Bitcoin at these prices. It could work out very well, but the risk to the downside is substantial. TA Video by Benjamin Cowen.
Practice trading Bitcoin and altcoins like XRP, Ethereum, Litecoin, NEO, Dash, IOTA, Monero, EOS, Tron, ZCash, etc. as long as necessary. Try Free Demo >>
