Buying bitcoin around 10 000 is too risky

in bitcoin •  7 years ago 

Yes, it can pump up to 12-13K, but if you buy now at 10K your closest stop would be around 7800.
It can squeeze down as bitcoin likes, get out most traders from their longs and the again pump up.

Без названия (7).png

So what you have
You can earn 2-3K
You can lose 3 K
Your risk reward is 1/1, which is not enough to generate 10x for your deposit through year.

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7 years ago by

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