Bitcoin is on steroid folks. The big daddy of crypto bounced over 30% in less than 4 days, gaining almost a $1000 back and leaving many scared dumpers shirtless.
Let's this be the perfect time to quickly remind new traders of the MOST fundamental rules for profitable trading:
Buy low and sell high.
Buy the red, not the green.
Don't panic sell.
Sell into strength.
Trading is being a contrarian and going against your instincts.
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In terms of price, I have some orders set at $3000 but, just in case something goes wrong, I am going to start scaling out in some cash and sell into strength along the way in the few days we have before Segwit gets locked in.
Prepare for a rocket launch if Segwitx2 is deployed without drama.
You can read more about my game-plan leading up to the Segwit fork here.
This has been a great week so far :)
Trade safe guys, and please follow and upvote if you like the content.