28 Sep '14, 9am

Longterm Technical Analysis of the Bitcoin Price - CryptoCoinsNews #bitcoin

Longterm Technical Analysis of the Bitcoin Price - CryptoCoinsNews #bitcoin

The analysis and trading strategy shared with readers above should be taken as an opinion and not a buying recommendation. Traders and investors are urged to consider the effect that a price decline to $260 or $140 will have on their margin accounts and to prepare a strategy for both managing such an eventuality, as well as taking advantage of this bargain buying level. The Martingale strategy outlined above does not take into account the margin costs of holding losing positions. Outright buying of “physical” BTC is not affected by this, but traders using leverage and margin accounts should take mineral supplements and do the maths – just as they always do before throwing hard earned fiat money in the market (right?)

Full article: https://www.cryptocoinsnews.com/longterm-technical-analys...

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