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RE: Bitcoin (BTC) Mid-Day Update: Micro-Elliott Wave Counts Point to $7,965

in #bitcoin7 years ago

Don't. You have to ladder in. Meaning buy in 3 or 4 or 5 times. This way when it goes deeper, you buy cheaper. When it goes up.........................you're still gonna make profits on the ones you still have to buy.
For instance: If you buy 0.5 btc for 8500 and 0.5 btc for 8000 you just paid 8250 as an average.

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OMG I almost forgot the Sacred rule of ladder in, I asked that because that question pop in My mind, but You are correct, and that makes my question absolutelly invalid.
Thank You, I feel a little more smart and self aware.
You ladder out at the same ratio you ladder in, or a little less, more?
PS: Again, thanks for takinf the time to read and respondind <2+1