Happy Christmas, Infernites! With the Christmas turmoil on the markets, we want to make sure that – whether you’re a bull or a bear – you’re not going to be a turkey fattened for slaughter.
It’s Christmas day, so we won’t give you our regular market update today – hopefully you’re too busy spending time with family and eating turkey to be paying attention to the markets.
Ok, who are we kidding? You’re probably just as crypto-addicted as we are. But our present to you today is a piece of information you’ll need to make the most of the next cycle. It’s always tough picking a good entry point, and with the recent volatility and bounce from $3,100 you may be wondering where to pick up BTC for maximum gain.
This Medium post is a great guide to how markets work after capitulation, and the safest entry point for the next bullrun. Note that it’s the safest point, not the most lucrative. Risk and return are correlated: the traders who bought at the $155 capitulation in 2015 were taking a big risk, since they had no guarantees it wouldn’t fall a lot further, though in the even they were rewarded handsomely. What we want is to minimise risk while preserving maximum upside potential.
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