RE: Bitcoin Tanks to $10,000 - Buy the Dip!

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Bitcoin Tanks to $10,000 - Buy the Dip!

in bitcoin •  7 years ago 

Could you share thought on this?
Also, this might be a stupid question, but is there any more or less reliable way to minimize losses in case of crash? Stoplosses haven't been working quite well for me so far with market being so volatile.

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7 years ago by

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      ·  7 years ago 

    Bubbles are notoriously difficult to spot the top. I'd say the best way to deal with this is to identify when a shift in sentiment occurs and cash out then, or make enough that you get to point where you are guaranteed to come out ahead even if the market goes against you by taking enough out that your initial investment is safe.

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