Haarshy-2ndlevelhunter

BTCUSD Trading idea

BITBAY:BTCUSD   None
At this moment to know the direction of the cryptocurrency bitcoin is unknown but as far as i know, if btc price is going to drop for a retracement, first they have to shoot up as high as possible after wiping off the retailers and the intuitional would be cashing out when all the early buyers enter the market. so selling at this point is very very risky and also buying it now is the most stupidest thing to do as the margin of safety is super low
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at this moment the best thing to do is just wait for btc to give a very good bargain price to enter in the market. wait for the super spike up and then it will slowly drop when others will be buying massively.
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do not be a sheep following the price and when its too high and start dropping then you will be the troll buying at the highest price.

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