Or at least it's what technical charts show as being possible here. Fundamental and sentiment data points suggest a similar conclusion is valid. I'm averaging in from here, during 3 weeks, risking a 10% loss if both positions go under water within the next 3 months...If things go well, we may get returns of 350%+, at the very least, and could ride the upcoming 2-Month timeframe Time@mode trend signal that might kick off from the 6500 mark in BTCUSD, once accumulation by the smart money is enough.
I like having seen miners capitulate and sell their equipment, the big miners' shakeout to recclaim market share seems to be complete. I like seeing news and articles calling crypto dead, or it being a fad that is long dead and gone in tech sites, even it being a big fail by AMD since they flooded the GPU market with supply that has costed them dearly, back at the crypto mining peak. I like having seen negative remarks when I made this reccomendation to all my clients, close ones, relatives, and friends...
Best of luck, hodl in a secure wallet off-exchange. Ivan Labrie.
@01sasa10, thanks Sasa...I think we may be on to something here. Good luck
PandaTView
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What do you mean by risking 10% loss? If you're holding off-exchange then you have no stops?
IvanLabrie
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@PandaTView, if you buy with 30% of your money in BTC and 15% in ETH and we make new lows, you'll be down roughly 10%.
PandaTView
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@IvanLabrie, Makes sense, would you try to deposit and sell if those new lows are reached? Wouldn't you worry there'd be accelerated selling and you'd be down much more than 10% by the time you were able to sell?
IvanLabrie
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@PandaTView, Not really concerned, need to give it time and space to move.