In this video we analyze Bitcoin, Ethereum, and the Alt coin market to determine if Bitcoin, which has typically provided the most downside protection during a market slide, continues to do so. We demonstrate how there has perhaps been a market trend shift which is worth continuing to watch going forward, keeping in mind, that one of the primary reasons to continue to invest in Bitcoin (BTC) in the long term, is that BTC provides us with the most protection during market downturns, in spite of not providing as much potential upside, due to it’s large market cap. We look at this historical trend and analyze the reasons this is so important as well as what we will be watching going forward.
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<I totally agree with what you are saying. I started in crypto in August 2017, and I bought in. I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I am in profit for now but I am planning on using my experience to do exactly what you have said in this post. I have learned from you and other Youtubrs especially my mentor Bryan Robert, who taught me how to make trade and increase my crypto from 11 to 27btc that no one really knows what is going to happen and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own investment choices based on their own research..
BTC's price has been fluctuating lately, which means the market is currently open and you cannot tell whether it is going to be bearish or bullish. This uncertainty is driving most traders away and forcing investors to hold. I would say it's totally wrong to just sit back and wait, maybe make a few losses, this is the wrong way of thinking for an investor because as an investor it should be our job to find ways to add and recharge more and more coins as the ultimate goal of making a profit. It all depends on the pattern you are trading in and the source of your strategies as well. I started at 3.2 BTC and accumulated over 17.5 BTC using the correct trading strategy given to me by an experienced trader, Theo Ryan. His methods are top notch and profitable. He runs program for investors/newbies who lack understanding on how trading Bitcoin works
I realize I may have stated the math associated with the gains required to return to even in a somewhat odd way; technically, if you are down 75% (to $250 from $1000, you would need to basically make 3x on that $250, and 200% in terms of price change [i.e. if a crypto goes from 100 to 25, you would need it to go 100% to 50, and then another 100% to 100….]). Imagine trying to explain math, respect to people who are better at this lol.
he's back! 2 days, how could I live without my DCA?