Post
Topic
Board Speculation
Re: I'm trapped in trading
by
arwin100
on 01/02/2020, 09:35:18 UTC
I know how it feels to be left behind where you hope that the price tanks hard so that you can finally load up on Bitcoin, but waiting for the price to tank isn't a good way to deal with this situation.

It's better to use 25% of what you have in stablecoins to buy Bitcoin so that you at least have a decent position in case the price doesn't go down but only heads higher, which currently is the more likely outcome.

The market has given enough signals that it is ready for a trend reversal. People often think that there are sellers lined up to sell whenever they have a chance, but that's not the case. This is a buyers market. Don't short it.

Actually we cannot tell on what will be the decision individually since we cannot hold what they up on their minds but actually if they plant in their minds that there is something good coming by this year since halving is coming up for sure people will not choose to short their trades but since the stigma of the past bearish hunts them maybe that's the best thing they can do atleast many of us can recover since I myself doing some short trades as of this days.