Well said. I seriously doubt we go sub-$1000. But even if it drops into the teens it's not pretty for those who DCA starting around 3.
On the other hand, it's hard to imagine staying below 2K for long... so we just need to pick our poison. I think the best trade I've made is when I put an order in at 6.1K on Feb 5 last year. I was scared to death and couldn't sleep but ended up nearly doubling that.
deliciouspodo
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@BradFranklin000, You're a legend if you shorted 6k. Good job mate,
I have no idea where the bottom is. Just judging by cycle, maybe low to mid 1k's
On the other hand, it's hard to imagine staying below 2K for long... so we just need to pick our poison. I think the best trade I've made is when I put an order in at 6.1K on Feb 5 last year. I was scared to death and couldn't sleep but ended up nearly doubling that.