🚨«Buy Bitcoin now!»
🔸Dan Morehead, the founder of crypto-oriented investment firm Pantera Capital Management, says now its a good time to buy Bitcoin and other cryptocurrencies.
🔸Get invested now so that in three, four, five months when the institutional, quality-regulated custodians that we're hearing about come online, they'll already have their positions, he added.
🔸According to Morehead, investors could buy a cryptocurrency once it breaks its 230-day moving average, which is a technical indicator, and hold it for one year. This might generate an average 239% return, he says.
Well, we do not really need an expert to say to us what to do when it is so clear, the price is very low if a person is not going to invest right no then it is better that person never invests in this market, if you let go of this opportunity and you invest later you are going to miss on thousands of dollars in profits and the longer you wait the greater the chances that you miss the next bull market.
this is the main key in buying bitcoin in my opinion:
1. The 200-day fall to EMA has proven to be a good long-term buying opportunity for the past two years.
2. Therader can buy 25% of the desired allocation around the $ 8900 level and stop the stop loss of $ 7400.
3. Average is not a good trading practice. Therefore, a fresh position must be avoided if the price drops and stays below the 200-day EMA.