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RE: Bitcoin (BTC) Morning Update: Having Cash Allows BTFD Empowerment!!

in #bitcoin6 years ago (edited)

Imo there is a fallacy in the idea of always having 10% to buy the dip. What happens when you already bought what you thought was the dip but at a much higher level. That 10% is only there if you don't spend it. Once you btfd you better be correct or you don't have any more cash on the side.

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thats why you dont buy everything at once but use laddering. check his tutorials on that topic

of course but once in a while the price will move past your ladder setting and you will be all in

it never happens that all ladders are filled if you are ladderin in at the bottom end of a correction which is what you want to do. also if you fail to hit the bottom, you of course delete the upper ladders.

never say never, that's a very risky point of view. of course your laddering will some times fail. Sounds like a martingale fallacy