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RE: Bitcoin (BTC) Morning Update: Don't Confuse the Trees for the Forest
Price fluctuations are precisely why you can make money from Bitcoin. What you need is to keep a chunk of your portfolio liquid. That way you will be in a position to buy the lows and sell when btc is up.
I personally hate trading bear markets, sometimes you wipe out a week's worth of trading gains with a single jaw-dropping fall at the wrong time. I much prefer trading on the fluctuations of a sideways or uptrend market.
Fair enough and personally i didn't try trading the B wave in this particular correction as it didn't really look likely to be worth the risk - as you've said you could lose a big chunk of cash. Lets see what happens once we get down towards 8k. I've got a feeling it'll be a slow next few days
Nice point sir
@talesfrmthecrypt ..thanks for your suggestion.. i appreciate you