Bitcoin Hits $6,000 | Why the risk outweighs reward in the short-term





#bitcoin #cryptocurrencies #crypto
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26 replies
  1. The Quantity Channel
    The Quantity Channel says:

    Datadash on the topic of risk to reward have you ever heard of stop loss obviously if you were to enter a long and it goes south you would place a stop at 5750, prevent the deceiving of stupid people who follow you telling them the rally is artifical not supported by fundamentals… I would advice you take a look at the market from a rational perspective and open up the topic of shorts, you claim to be a trader yet never talk that the average idiot wanna be trader can enter a short position

    Reply
  2. Yes Man
    Yes Man says:

    Arent you seeing the alts bleed? It might not be a fake pump but money leaving the alts and going in BTC plus BTC dominance is through the roof.

    Reply
  3. TexasEric
    TexasEric says:

    Are you factoring the BTC halving and institutional buyers who are forced to buy on the spot market? OTC markets have been thin and will continue to deplete, all this equals higher price. I feel like the fundamentals have improved greatly since November of 2018.

    Reply

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