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Writer's pictureFahad H

Missed Bitcoin Cash Bottom 😕 & Considering Leverage


Raised my bids for BCH because it appears increasingly I missed the underside, see Dobe4Ever: https://youtu.be/G5XMzd5QMzk?t=89 Better to understand early and never intention for decrease low that’s unlikely to occur, however as an alternative intention for double backside that also has good probability to occur when BTC bottoms someplace center 2019.

I begin to like leverage in crypto, as supplied by kraken for instance, very a lot, however since it is extremely excessive threat since crypto is so risky, and really costly (40% per yr rate of interest!), would possibly use solely when odds for crypto to begin go up robust, are very a lot in your favor, ie: at finish of sideways motion when fiat costs are already significantly greater than backside, however Trololo undervaluation continues to be reaching new all time highs and most long run technical indicators are turning bullish, seemingly someplace early 2021.

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