All seems very bearish

in #bitcoin6 years ago

Obviously everyone has to make their own decisions, but from what little I know about risk management I feel I would rather have money sat on the side until further clarification... There really should be no fear of missing out. If this thing goes it will go big, you may not catch the very bottom but who cares if she starts soaring high.

Unless you are a day trader I see two choices:

  1. Keep fiat safe and buy back in after BIG confirmation and BIG buying volumes.
  2. Stay in and hope for the best.

I feel I have more control of the situation by applying the first approach.

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