Actually, I consider two scenarios now, where we've completed primary degree wave and now we're in wave. Together with NASDAQ.
Either we already finished/finishing it staying above ~18K in June, or we will finish it at ~10K later this or next year.
In both scenarios, relief rally (as wave B or in early stages of primary ) should be ahead.
Therefore, I'm continuing to do DCA buying of bitcoin.
From risk management prospective, I only keep 30%-70% of crypto in my portfolio, currently sitting at ~60% in crypto. Will spend 10% more if we drop to 18K quickly.
Either we already finished/finishing it staying above ~18K in June, or we will finish it at ~10K later this or next year.
In both scenarios, relief rally (as wave B or in early stages of primary ) should be ahead.
Therefore, I'm continuing to do DCA buying of bitcoin.
From risk management prospective, I only keep 30%-70% of crypto in my portfolio, currently sitting at ~60% in crypto. Will spend 10% more if we drop to 18K quickly.
Comment:
we've completed primary degree I wave and now we're in II wave