I've been examining the price of BTC since August 9 2018. It has been very up and down. By as much as 10% at times.
I was waiting for this next dip of ~10% before buying in and Holding.... but it's looking to me like it's breaking out of the up/down trend of late and quite steadily going up.
I've so far made a string of bad moves involving crypto..
Would you recommend buying in now at around 5720 euro, or waiting for it to (hopefully) dip down to 5400 euro again, as it has many times in the last two weeks.?
Thanks for any advise.
Just a question, if you have admitted that you have made a series of bad moves when it comes to trading cryptocurrencies, why do you keep trying? Have you acquired new knowledge that guarantees another attempt to try to trade? Have you adjusted your strategy and have you tested it?
I am not trying to be disrespectful but maybe it is time to try something else, sometimes no matter how much you study you are simply not good at something and that is fine, but even if you are not a very good trader maybe you can be a very good long term holder and if that is the case then buying at the current prices is a good idea since it is unlikely the price is going to go that much lower.