Bitcoin Chart Entering Risky WWW Behavior

[beaconpcguru]

Lol @ you making the real life Ws happen in the charts with your coins , I'm sure your still ahead at this point but it will change, you must be the one buying coins just to sell them as I see happening.  Good luck on your ventures with the spread of fear... 20$ coins here we come

[Kouye]

This is golden.



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[BitcoinTraderFX]

"but buying on the uptrends and selling on the downtrends."

No. You didn't read the whole thing. Sell on bumps. Did you notice in the chart where the SR line was. You sell bumps off of those lines going short (although shorting bitcoin is a little more complicated).

Notice the second chart I posted. See the drawn lines where it would go above the SR Line then bounce up. If I were to buy more, you buy off of bounces.

By doing this you enter at the lowest risk. There's a little more to it than that, but "buying on the uptrend" statements indicate that you might want to consider just buying and holding like most people.

Let me reiterate:

SUBSTANTIAL RISKS
BITCOINS, CRYPTOCURRENCIES AS WELL AS OTHER INVESTMENTS INVOLVE SUBSTANTIAL RISKS AND SHOULD BE ENTERED INTO WITH CAUTION. IT IS POSSIBLE FOR YOU TO LOSE YOUR ENTIRE INVESTMENT.