It seems that each of us has to figure out how to valuate our BTC holdings in way that makes sense to us, and now days, I like to use the 200-WMA, yet back in the 2014-2017 time frame, I was measuring the value of my BTC holdings in the same way that an overwhelming majority of folks measure such BTC values, and that is using the spot price.
I think that using the spot price is a kind of default, even though the spot price inevitably is fluctuating so much, we still tend to wand to use it, and surely we might compare the spot price to our average costs per BTC, and perhaps if we get into being several times in profits, then we start to feel that we have a cushion from price corrections, and surely I was not immuned from that kind of thinking.. which these days I continue to believe it is better to attempt to use something more solid (and like a bottom price) like the 200-WMA to valuate our BTC holdings.
In any event, whether we end up being correct or in error, each of us likely has to figure out what kinds of ways to measure our bitcoin holdings in order to help us to decide wether we are going to stick to whatever course of action that we have or if we might change our course of action based on our valuation of our BTC holdings.
exactly JJG
ityou gave a
very good advice
that each of us has to figure out how to validate our bitcoin holding in a way that it we make sense to us, and
I have
checkchecked the two technical analysis you mentioned above the 200-WMA and the Spot price
, both are good for measuring our bitcoin holding but I refer the 200-WMA
, because it makes more sense and it will make an investor to be on track while measuring his or her bitcoin holding.