Since October 1st, BTCUSDT has continued to move at full throttle and has reached the level of 62,000 USD as we predicted, but in this episode we have to ask ourselves this question..
Is #BTCUSDT still a profitable and secure investment?
Why ?
Because the daily rate of change is decreasing day by day, so volatiliy slowly stops with the coordination of the volume, basically the volume cant support the increasing price...
How ?
In the price volume cycle, BTC has now reached a point where the price difference required for a 5% increase is about 3,100 usd amd that need a huge volume..
What does that mean?
No matter how much money we invest, we can earn as much as the daily change rate of the specified commodity...
For the last few months, the daily rate of change is around 5% on average, which forces us to look for more volatile commodities with lower prices.
Why ?
Because volatility is a life blood of a trader , without volatility there will be no profit...
It seems like the altcoin season has officially opened because we have started to see daily changes between 25% ~ 50% in new coins.
We are not gamblers, we are traders, so we should focus on commodities that will bring us more profit.
Because, as in previous periods, BTCUSDT can experience a sudden price drop and disappoint everyone, this means damage and unnecessary risk in our wallets.
No matter what we said or do we only hope that we cant face a situation like the following graph..
As Oracle system, we will closely monitor our investments ( and we will suggest you the same.... ) for BTC and we will put a very close stop in our positions.
BTCUSDT
BTCUSDT.P
Good luck and have a good trading experience out there, please don't forget to like the ideas and follow us.
Is #BTCUSDT still a profitable and secure investment?
Why ?
Because the daily rate of change is decreasing day by day, so volatiliy slowly stops with the coordination of the volume, basically the volume cant support the increasing price...
How ?
In the price volume cycle, BTC has now reached a point where the price difference required for a 5% increase is about 3,100 usd amd that need a huge volume..
What does that mean?
No matter how much money we invest, we can earn as much as the daily change rate of the specified commodity...
For the last few months, the daily rate of change is around 5% on average, which forces us to look for more volatile commodities with lower prices.
Why ?
Because volatility is a life blood of a trader , without volatility there will be no profit...
It seems like the altcoin season has officially opened because we have started to see daily changes between 25% ~ 50% in new coins.
We are not gamblers, we are traders, so we should focus on commodities that will bring us more profit.
Because, as in previous periods, BTCUSDT can experience a sudden price drop and disappoint everyone, this means damage and unnecessary risk in our wallets.
No matter what we said or do we only hope that we cant face a situation like the following graph..
As Oracle system, we will closely monitor our investments ( and we will suggest you the same.... ) for BTC and we will put a very close stop in our positions.
BTCUSDT
BTCUSDT.P
Good luck and have a good trading experience out there, please don't forget to like the ideas and follow us.