Bitcoin settling down now and it might have made a higher low fractal 3974, previous one was 3900, we will get the confirmation after today if it doesn’t breach 3900. We are waiting for a buy at 4705 (1X) :-)
Today’s Chart:
The line marked with green is our buy breakout point, till that point we wait and watch... with patience :))
Previous Day: https://steemit.com/trading/@aarcee/bitcoin-trade-btc-usd-chart-11-sep-2017
Next Day: https://steemit.com/trading/@aarcee/bitcoin-trade-btc-usd-chart-13-sep-2017
TRADE DIARY
| Date (Buy) | Buy Price | Sell Price | Date (Sell) | Profit/Loss |
| 20-Jul-2017 | 2410 | 3822 | 22-Aug-2017 | 1412 |
| 20-Jul-2017 | 2410 | 3822 | 22-Aug-2017 | 1412 |
| 31-Jul-2017 | 2830 | 3822 | 22-Aug-2017 | 992 |
| 29-Aug-2017 | 4474 | 4165 | 04-Sep-2017 | -309 |
| 11-Sep-2017 | 4705 | Waiting | ||
| Net | 3507 |
DISCLAIMER: The above references are my personal opinion for information and educational purposes only. It is not intended to be investment or trading advice. Seek a duly licensed professional for investment or trading advice.
great discipline !!! Im waiting for 2705, may take a while, hopefully never
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Hi @a-kopf , you never know, bitcoin is very volatile so it might get to your point before going up further :-)
But, if you are investing, you shouldn’t wait for the price to down, its only for trading...
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almost there.....
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Amazing !! I think if you just hang in there, it might go to 2705 and take you in... good luck :))
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The Blockchain is a great technology and for the time being we can expect that emergent nature of the community will overcome all the bans, governments and restrictions and to continuously change technology on its way.
Having said this it's very difficult to bet on the right crypto, which one will be the one that will solve the specific issue of the moment?
My suggestion would be to:
For those interested I wrote a post on the gains from diversification.
CryptoPortfolio - Simple trick to increase returns by 8% per year
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@belgarath , thanks for your reply... diversification is advisable only to people who are betting ;-)
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Hello @aarcee, thank you for your reply!
I believe diversification is a free lunch and it's useful in almost all circumstances.
Granted, it's not efficient if you are perfect in your investing: it would not have helped Bill Gates to diversify away from Microsoft shares (and some famous investors mentioned they have concentrated portfolios), but for most of normal investors it has always the below benefits:
So I would say it's advisable to all investors who have a long term approach. For speculators and for betting, it's also good to have it but much less that for investors.
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