Stone age story BITCOIN

In a story as old as time (well nearly) - People jump into the shiny instruments mostly due to friends or neighbours telling them how shiny this is.

And for a while it seems to be going to plan!

Excited to watch every little move! Oh boy your going to be rich!!!

Your a GENIUS!!!

However, here comes a wrecking ball - the Hurricane, although on the surface it looks so innocent.

You bought with leverage and managed to buy the tops - AGAIN.

What you going to tell the wife?

NO Lambo for Christmas?

HANG ON - it's moving up again...!!! Oh yeah c'mon baby!!!

The local guru and social influencer said it's going to 135k by December, must be right. After all he's an influencer!

Then back to reality.

Guy's trading is a game of ups and downs, markets need corrections it's actually healthy. Nothing has changed, the move all year has played out exactly as it should. Take a look at this chart (click the image below) you will see it's been very respectful and accurate.

Enjoy the rest of the week!



Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.