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RE: BTC broke through trendline support, Falling Wedge Pattern Holding in Tact...

in #bitcoin7 years ago (edited)

Thanks for the support! If I wasn't already positioned in many altcoins, I'd definitely consider buying here.

Trading is a tough game... Assuming no position, do you buy your full position here? Half the position? Or should I wait for BTC to drop lower? Personally, I'd scale in. Probably would buy 25-30% of the position here, see what it does before allocating the rest of the position.

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Thank you for the big upvote. I'm about 99% convinced bitcoin is going lower here so if I had it I would sell my whole position now and maybe try and buy lower.
I guess pretty much all coins trade in bitcoin so it sucks they are all going down with the failing bitcoin ship. Ethereum needs to take over quick.