, I see you're another CI fan. FWIW, I'll provide my take on why I'm playing in an over valued market. Because markets can continue in an over valued (I never like the term overbought for technical reasons.) manner for an unusually long time. That is reason 1. Reason 2, I've only allocated around 5-6% of my resources to cryptos at present and have no plans for significantly increasing the allocation until I see a crash. Reason 3, I use stops and advance the stops below trend lines. That cost me about 20-30% of my positions in the 12/22 whipsaw. I'm just calling it a noob mistake and adjusting my rules a bit more conservatively. Given a little more time at these levels I'll have a full position in BTC, ETH, and LTC at a reasonable basis (I hope, cringe.) My plan is to be in position for the next leg up whenever that is. In the mean time I'm simply trying to absorb some wisdom on the margins from quality sources like CI.
Regards,
Rick
RE: Why Bitcoin Could Fall Lower From Here