Buying points

in crypto •  7 years ago 

Hi Crypto Investor....I 'm a big fan of your videos and your pragmatic approach. I am new cryptos (fall of last year), but am long time investor. I 100% agree with your principle on a balanced portfolio. Having some risky 'investments' is a good thing as long as it plays well as portion of your long-term strategy. I also agree with philosophy of buying on the decent. If you liked it at $15k, then you should love it at $9k!

My question is around how you establish your buying points and where you would be willing to get in again on BTC? You referenced $8.3k on more than one video, what was magical about that number? As you acknowledge on a different video, there really are no fundamentals to serve as a basis for crypto investment decisions. Everything is based on trend analysis and emotion. Given those factors, how do you determine your jump in or jump out points? Thank you and I apologize in advance if you have already covered this point.

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