Four Year Cycle?...Or is it Eight? BTC (long)

11 בפבר׳ 2020

BTC is going to do "it's thing" with or without us. Personally, I'm cautiously transitioning out of the denial phase as the days tick away. Here are my quick thoughts on BTC and some areas where I'll be taking profit if/when it takes off soaring (not financial advice):

The line break chart showing monthly candles is super macro (more of a confirmation tool), but I deemed it important to share on account of the sheer volume of money being transferred into the hands of predatory platforms. Way too much "get rich quick" thinking going on. I think it does justice to the cyclical nature of BTC and how important it is to play the long game in the right manner. Of course it takes looking at some other time frames to get the full picture, but just look at how it captures the most important milestones. Whatever happens in between is immaterial if you enter correctly.

We all work hard for our money and found a vehicle to potentially grow it exponentially. So, I hope people back off low time frames more often - see the big picture - enter with risk in mind - and let BTC do what it was programmed to do.

Best wishes,

J