RE: Bitcoin (BTC) Mid-Day Update: Scotty! We Need an Impulse!!
I like your horizon, thanks a lot for sharing.
I guess many people here would have love to have read your comments from the beginning of January of course.
I mean just knowing that the worse could come, changes everything. If there is a good chance the bottom could hit 2000, that would change dramatically the laddering techniques proposed by @haejin.
Every time @haejin call to buy the dip, he calls to keep cash also. And the difference is huge if you ladder from 2000 to 6000 or if you ladder from 5000 to 6000. You could be hurt badly if your perspectives are not opened to the 1st scenario. You could run out of cash pretty quick, and panic sell etc..
And when you miss perspective in those few very important laddering steps, well it results in some proportionally important amounts lost on the way....
Micro-trades during a bearish trend is a tough exercice.
So thank you again for the perspective, and yes let's support SBD/STEEM/EOS for a generous and solid bounce to come.
Ps. here is my graphical memo of the situation, with 36 possibilities @haejin, but frankly keeping an eye at the bottom. Of course the deeper we go, the higher we'll rise !