People it's been a couple of months again.
I don't do short term trading i just buy and hodl.
In my humble opinion this bullish move is nice but it is not the start of the next parabolic bull cycle.
-Yes the 1 year trend line is broken upwards, but the 6 months trendline was just touched.
-There was no real reason for this bullish move so it might come down just as fast as it went up (aka BART)
-As you might know i only have faith in V shaped bottoms, this was not one as we hovered for way to long before this up move
So what do i do.
I just hold my 25% portfolio assets, if the uptrend continues i am fine as the 25% portfolio will bring good profits (bought most around the BTC and alts dip in december 2018).
I hold all of my buy orders for alts around the lowest point of december 2018.
I hold all of my buy orders for BTC between 1.3k and 3k, the more buys get hit the closer i get to a 100% portfolio
I do not FOMO into alts or BTC now as i still think the risk is to high and new lows are still an option
Good luck trading and this is no financial advice
I don't do short term trading i just buy and hodl.
In my humble opinion this bullish move is nice but it is not the start of the next parabolic bull cycle.
-Yes the 1 year trend line is broken upwards, but the 6 months trendline was just touched.
-There was no real reason for this bullish move so it might come down just as fast as it went up (aka BART)
-As you might know i only have faith in V shaped bottoms, this was not one as we hovered for way to long before this up move
So what do i do.
I just hold my 25% portfolio assets, if the uptrend continues i am fine as the 25% portfolio will bring good profits (bought most around the BTC and alts dip in december 2018).
I hold all of my buy orders for alts around the lowest point of december 2018.
I hold all of my buy orders for BTC between 1.3k and 3k, the more buys get hit the closer i get to a 100% portfolio
I do not FOMO into alts or BTC now as i still think the risk is to high and new lows are still an option
Good luck trading and this is no financial advice