Hello Guys, Let’s talk about Cryptocoins and BTC Market Update.
As we can see there’s a lot of FUD in the market but the reality is, it is a buying opportunity.
Most of the coins at great discounts today.
Now the question that comes in your mind:
- Which Coins should you buy?
You will get Signals as soon as we see signs of Rebound. If you think of getting in you can buy partially.
- How low can BTC go?
Currently fluctuating around 9k with a bounce from around 8900. Technically it should not break the 8200 in worst case Scenario.
Who knows which negative news will effect the Market. So HODL and Chill.
- When will the Market rebound?
Well, as you know that Market is low in weekends so we might see little more red till Sunday and during the beginning of next Monday a quick rebound is highly likely.
- Can we Margin trade in this market?
For those who are into Margin Trading/ Bitmex Going long at the low with not more than 3X leverage is safe. Wait for Sunday bleed for that. Means getting in on Sunday or around 8k to 8800 would be good IMHO. Use the same method, take your positions partially.
Summary: The market will eventually get back to the track, just wait and enjoy life outside crypto...
We are expecting a bull cycle in April and after that so be patient Hold your positions. If you want to get into BTC this is a good time (of course buy partially)..
Stay calm be happy... 2018 is going to be a great year for crypto.
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#Remember
There’s always darkness before the dawn.
