Market Timing

in market •  7 years ago 

Hello steemit,

According to Investopedia.. (https://www.investopedia.com/terms/m/markettiming.asp)

Market timing is the act of moving in and out of the market or switching between asset classes based on using predictive methods such as technical indicators or economic data.

Let's take a look at a long TF chart of BTC..

Capture.PNG

I think it would be best to use some market timing in my btc trading. Maybe something such as deposit more funds into my trading account starting at or near July when if the market is nice and low (the magik # seems to be $6k), then withdraw most of it when the market hits December OR if price is about $15k.

Have a great day,

Ben

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