Sending out messages today to real world friends with suitable risk tolerance letting them know I think there may be decent opportunity long crypto (For a while).
Let me frame a few important points for context:
Many of the people I am talking about I said it looked worth getting into BTC around 10K in 2020 (Went to 6. Some bought more there, others asked me a lot of questions there) and invariably anyone who listen to me was out BTC at 50K. So, these people are up on the bet. Whatever happens next. And I'm only telling those who I think have the discipline to set a stop and the emotionally maturity to get stopped out and it does not make them sad.
But with these points in mind, that they can accept the loss. It's not going to cause them any issues if it does not work and they use common sense risk protection methods - this is a spot where I am telling my personal friends (Some family) that there's good speculative value. May or may not work, but we can define where it's not working and get out and it may rally 50-100%. I didn't tell them to go long at 65K, so I still get invited to dinners and get togethers, for now...
I think we might now have completed the first leg of this forecast posted in 2021.
Let me frame a few important points for context:
Many of the people I am talking about I said it looked worth getting into BTC around 10K in 2020 (Went to 6. Some bought more there, others asked me a lot of questions there) and invariably anyone who listen to me was out BTC at 50K. So, these people are up on the bet. Whatever happens next. And I'm only telling those who I think have the discipline to set a stop and the emotionally maturity to get stopped out and it does not make them sad.
But with these points in mind, that they can accept the loss. It's not going to cause them any issues if it does not work and they use common sense risk protection methods - this is a spot where I am telling my personal friends (Some family) that there's good speculative value. May or may not work, but we can define where it's not working and get out and it may rally 50-100%. I didn't tell them to go long at 65K, so I still get invited to dinners and get togethers, for now...
I think we might now have completed the first leg of this forecast posted in 2021.
Trade closed: target reached:
Target levels filled. I've recently told my friends to exit crypto longs.
Comment:
** Price 34k time of writing.
Bull risk is much higher here. We are still in downtrend territory.