Feb. 6 at 11:37 AM
$IBIT $BTCI Perfect is the enemy of good. As a Bitcoin investor for a decade, this week is by far the most extreme of blood in the streets because more people than ever own it. Everyone had Blood flooding their streets this week.
You miss 100% of the shots you don’t take. If you believe Bitcoin goes much higher and are scared to buy, do it in 5 chunks. Let’s say you want to put
$100,000 to work. Deploy
$20,000 every
$2000 up or down from here. I bet you get a reasonable average that you can sleep at night knowing you had a plan.
It’s what I do with any stock ever bought. It’s still below a 20 RSI in both. It’s one of the most accepted Technical Analysis tools. While not perfect, under a 20 RSI tends to look like taking a shot with a basketball and it’s a layup instead of a 3 pointer. If you believe RSI, it’s as close to a 100% shot that you get.
When opportunity knocks, invite it in. 5 seperate buys takes ( took ) the anxiety out of the moment. Here’s IBIT. BTCI is a similar.
