Post
Topic
Board Trading Discussion
Re: Btc buying safezone?
by
matchi2011
on 28/08/2018, 16:06:18 UTC
Bitcoin breaks through $7k barrier which is a good sign for the recovery of crypto world. The last time bitcoin was over $7000 was back in early June. Today’s price jump appears practically as a vertical line on the 30-day bitcoin chart. Perhaps now we may be finally seeing glimpses of the light at the end of the bear tunnel but be careful because it is struggling and it would be wise to use stop loss in case the price fall again
Now it's a matter of wise decision making, the value still unsafe since still playing back and fort, better to play if you can fully adjust accordingly,
having stop and loss if you are shorting the market is very essentials, needs to avoid bigger loses and we have to be precise whether to hold and
wait or do some buy and sell to take opportunities.