I am new to bitcoin. Just put 10% of my cash to buy at 44.5k.
My next order placed at 40k.
Not sure how you guys study the bitcoin price to enter. Using technical analysis like stock?

I hope so.. lol at least drop below 40k entry point

Fail to breakthrough resistance, 50-53k should be the next support



This post has been edited by CSW1990: Apr 4 2021, 10:38 AM

bitcoin rebounce when touch the support at around 51k
Shit... just now immediate went top up to buy and it raise back to 54k already now

looks like Ethereum is much more stable to Bitcoin in recent correction...
anyone know why?

New to crypto and trade just based on technical analysis.
Did hold bitcoin and xrp, and also CAN stock
I am surprised that ETH is pretty stable during the recent crash.
Xrp grow and rebound fast and Bitcoin seems the laggard.

As for NFT, still now I still don’t know very clear what it is and how it have the potential..more like a hype for me... didn’t touch it at all...

The one people say after sell renter when the price drop, means buy at the next correction. Need use technical analysis and only buy at the support, sell at resistance.. If support broken need to find the next support to average down or cut loss/sell portion.
Of course it will drop impossible one stock/crypto only go up never correction one. Like bitcoin it goes up with higher low higher high

Still holding bitcoin and ripple..Still in bullish flag
Ethereum is going up crazily .. missed the boat by choosing bitcoin instead in the crash few weeks ago

just got my first Doge at 0.44.
next top up point at support 0.41 & 0.32

after these few weeks trading crypto..
just my noob opinion below, I don’t look at fundamental one, only from TA & observation:
"1. only buy at 2 situation:
- when correction, only buy at support level, patience wait. And after rebound, hold right tight wait for close to all time high to sell
- when going uptrend, don’t chase high, buy on the 2nd or 3rd day when bullish flag formed, after rebound, sell when close to the resistance"
"2. which crypto to choose to buy:
- for the big one, eg. Bitcoin, Eth, Lite, XRP… choose the one growing strong - better ETH or Lite.. bcs 强者恒强.. If buy for long term investing, bitcoin , XRP might be the good choice but not for short term trading.
- for the small/new one. … choose the one under higher negative% at that time. eg. if today i die die want to buy one, at that time DOGE +5%, NEO -2%, UNI -5%.. then choose UNI... they will take turn to rebound in days..."
But I still think that this crypto hype will not last long, and likely will have one crash coming soon, maybe end of May…
So just put some small money play play trading fast in fast out enough

just an example.. i mean buy the one drop most that day if have to choose one... just my observation..