I just wanted to let you know that I'M STILL SITTING ON THE SIDELINES with Bitcoin.
A friend of mine (a trader colleague) opened a long position (buy) a few days ago...
You guessed right, the first 2-3 days were okay, he had bought the dip at around $33k.
But just a few blinks of an eye after, REKT! And the guy is such an amazing trader!!!
Price action made his stop loss hit at breakeven. If you're long, have it ephemeral.
I advise to trade Bitcoin with caution, these are interesting times for it indeed...
A friend of mine (a trader colleague) opened a long position (buy) a few days ago...
You guessed right, the first 2-3 days were okay, he had bought the dip at around $33k.
But just a few blinks of an eye after, REKT! And the guy is such an amazing trader!!!
Price action made his stop loss hit at breakeven. If you're long, have it ephemeral.
I advise to trade Bitcoin with caution, these are interesting times for it indeed...