erolz66 wrote:erolz66 Mon Apr 19, 2021 11:58 am wrote:I would work out how much I am willing to gamble / lose with and split that into three. I would look to start buying in after a 50% drop with my first 'third', even if the price after that drop was far higher than the current price and then keep buying in with my second 'third' at around 75 % and third third if it goes lower than 75%.
So the current all time high is 64,900. So if anyone had bought in at 50% of that, as per my advise above a month ago, at 32,450, then they would be looking pretty good with current price around 40,000.
Just saying.
buyhere.JPG
With a little bit of luck, you will be able to invest in again twice more at the same time when it goes down to $20,000, (approx. 75% from $65,000 high & 50% from $40,000 now), but unless you are “harvesting” your gains, you will lose all your gains because you only cashed in just 15% at $65,000 if it goes below $3,500, your original entry point!
Just saying, no?