Hi, my friends!
This is an Update of a previous idea that i have published.
As expected BTC reached it's 8700 level and now it's the perfect opportunity to buy.
Even if we are wrong when we use the Expected Value Formula and let's say we have only 60%(probably more) chance to go higher to at least $17000. That's 1:2(at least) risk-reward-ratio. If we have a mental stop at 4300. that will be an invalidation of this idea. The expected value will be 8600*60% -4300*40% = 3440(at least). That means that we have positive expected value (which is most important in every position we take because we can never be certain)
It's a great opportunity for me and i personally have a position. It's not a trading advice it's just a possibility to consider and take advantage of if one wants to do so.
This is an Update of a previous idea that i have published.
As expected BTC reached it's 8700 level and now it's the perfect opportunity to buy.
Even if we are wrong when we use the Expected Value Formula and let's say we have only 60%(probably more) chance to go higher to at least $17000. That's 1:2(at least) risk-reward-ratio. If we have a mental stop at 4300. that will be an invalidation of this idea. The expected value will be 8600*60% -4300*40% = 3440(at least). That means that we have positive expected value (which is most important in every position we take because we can never be certain)
It's a great opportunity for me and i personally have a position. It's not a trading advice it's just a possibility to consider and take advantage of if one wants to do so.