My desperation after becoming plus one here to own my bitcoin has grew in a week. The first journey was to look for the best wallet to use and Electrum becomes my choice. The account has been opened and I wait impatiently for my salary to enter this week to buy the first set and keep it.
On the second thought, I checked the chart of bitcoin to know if it's safe to buy immediately. My trading experience is weak but not so bad that I can't read the chart. The chart shows bitcoin is still going down, that made me rush to tradingview advice to be sure. The monthly advice shows that I should wait.
The reading of Neutral has more vote of 10 than the Sell that has 6 and Buy that has 8.
I will let this be my guide, will wait till the Buy has the highest vote. Money investment need to be carefully planned. This is just my plan, you can advice or give it kudos.
Better safe than sorry.On the second thought, I checked the chart of bitcoin to know if it's safe to buy immediately. My trading experience is weak but not so bad that I can't read the chart. The chart shows bitcoin is still going down, that made me rush to tradingview advice to be sure. The monthly advice shows that I should wait.
The reading of Neutral has more vote of 10 than the Sell that has 6 and Buy that has 8.
I will let this be my guide, will wait till the Buy has the highest vote. Money investment need to be carefully planned. This is just my plan, you can advice or give it kudos.
If you are a long term trader it would be fine entering any price point but ofcourse who doesn't want to make your decision on investment, efficient. For sure you'd earn more from waiting for a lower market price as to how you read the chart. Problem here is missing the uptrend if you will be too patient; expecting a downfall til $10k but happened to have a pivot on $24k. Would be fine if you would manage to cope up with the increase, but what if you did not? Buying halfway through pumps would be a gamble already 'coz prices could fall in an instant. And as we can normally see, once you chase the market trend you'd be easily frustrated.