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Author Topic: handling bitcoin volatility  (Read 1768 times)
tianglistrik
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January 27, 2020, 04:22:07 AM
 #161

its just another suggestion, but apart of volatility bitcoin knowns as high risk investment actually, so only invest amount that u can afford to lose buddy.
I once learn that investment management is crucial for this kind of thing. As i know i only use my free money when i buy bitcoin regardless what condition ( bull or bear ), but i prefer bought it when it get low as my analyst based on price action. When it passed my point of buy i started to count when to stop loss for it. then buy again when i though it times to buy again. u know SNR thing.
risk management is important compared to seeing trends, because the potential for price action takes precedence over seeing trends. I also do techniques that are not much different from yours, do a price analysis then buy it when the point of buy has been reached and determine the price to sell it and also prepare a cut loss to reduce the impact of losses.
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