Seeking Alpha
2022-02-10 20:25:26

Crypto Chartbook - Stacking Bitcoins Winning Edges

In our previous crypto chartbook, we described fundamental reasons for being bullish on Bitcoin. Since then, Bitcoin is up more than 15%.Yet, the future is unknown to everybody, and individual trades’ outcome is random. Consequently, the goal needs to be an edge over a sample size of transactions.But there are no hidden magic formulas. What works well is covering multiple aspects in stacking one’s edges to find low-risk entry points.Hence, even starting out as a short-term trade, thanks to our quad exit strategy, the last 25% of the initial position can become a long-term investment.This continuous flow of adding low-risk entry trades followed by partial profit-taking allows participating at all stages of market swings.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer