crypto_gunther

Where to Use Leverage When Buying MCO

Short
BITTREX:MCOUSD   None
In my opinion, I don't think it is wise to use leverage at current price level. It is very tempting to buy in bulk. However, a better strategy is to buy in pieces as the price descends into the buy zone. Nibble into the market. If you go all in now you may lose your buying power. The time to buy with leverage is when the price dips into the buy zone. We can't predict the exact bottom but we accumulate as we near it and we do so in pieces to maximize tokens and to average down our cost. I speak from personal experience in this market. This is a game of patience. It is vital to have cash reserves on hand to accumulate a strong position once the price reaches the demand zone. There really isn't much support so I expect the price to hit the floor or come close to it.
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