jcfinancial

Keep these key price levels in mind

BITSTAMP:BTCUSD   Bitcoin
As we all are very aware after the events leading up to BTC hitting 19k, the media has a strong grip on the minds of crypto holders. The short and sweet of it all is this, if you believe in the technology and know how it works, you should not be fearful of these price fluctuations. You should not over extend yourself, cost averaging until you have a certain amount of BTC in your wallet that you are happy holding without worry. The constant "trading" of crypto reminds me of my gambling activities, not an asset class. Do your best to tune out the noise and study the idea of banking outside of the traditional system. Belief is not an investment strategy... Buying and selling is not where you will see unreal gains, a steady thoughtful plan will trump anybody who will pull trigger at a moments notice. Study your asset, keep your eyes peeled and think of potential upside and downside of your average cost.

When the time comes you will have a better idea of what's to come based on current events, the crypto community is now thinner and when the news starts picking up on positive Bitcoin articles. Remember this quote "be fearful when others are greedy and greedy when others are fearful"

That is all. Think before you act and keep your analysis based in reality. BTCUSD

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