Wednesday, January 12, 2022

BTC. To buy or not to buy.

Warning. Don't listen to me. I'm a firm believer in bitcoin. From every perspective.

If you would want to start building a "buy and hold" BTC position though, how could you go about it now?

Maybe like this. Add a little under each of the following conditions.

1) BTC > 8 day EMA (very speculative);

2) 8 day EMA > 20 day SMA (speculative);

3) bearish trend channel broken to the upside (less speculative); and

4) BTC exceeds these former highs 52.079,47/59.226,33/68.978,64 (the least speculative).

Important. Investing in crypto is extremely risky. Therefore don't invest what you can't afford to lose, because you just might.

This is not investment advice. Do your own research. Please also read the disclaimer at the bottom of the blog.