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RE: BTC - How close to a bottom are we?
There are two type of people, who are predicting the price to go down disastrously and other types of people are saying price now will go up and we have almost seen the bottom, who to believe? :(
No one can say for sure where bitcoin prices are going to go, but when we have the setup we currently do, IE people all getting on one side of the trade, short positions at very high levels, and the news flow mostly showing positive fundamental developments, I would be willing to bet the odds are starting to turn more in favor of the bulls.
Hopefully ;)
Nobody just hold long term and don’t worry bout price 😀
That is likely not a bad strategy either. :)
yeah, Holding long term!
You can also day trade or swing trade, it's a lot riskier but the gains are bigger.
Doesn’t work long term, or you’d be working for a major institution if you’re legit.
Everybody thinks they can trade during a bull market. Though in most cases if they had just held, they would have made significantly more.
True, though it's not easy.