BTC emergency update 26.10.2019

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(Edited)

At this point it is more likely that the final low is in.

I think it is BTFD time again. (Always buy into a developing low, never buy a high)

I am comfortable with my BTC allocation and I want to increase it whenever BTC drops at least 25% from the high.

The HODL begins. Get used to the big moves again, because we ain't seen nothing yet... 3k USD up in a day? Peanuts if you consider what is about to come.

My personal opinion is that BTC will explode to 100k+ within the next 18 months. I want you to focus on the most painful and difficult part: Not selling too early when you have huge paper gains on your wallet.

You have been with me through this intense bearmarket, but "should I sell now?" can be a lot more painful, believe me. Selling all at 50k when 2 months later it explodes to 150k is not what you want to experience.

The keys are: PATIENCE, watching the moving averages closely, and never selling it all (always keep 10-15% of your maximum allocation at all times).

Remember that only 3 million BTC will ever be minted in the coming years and already hundreds of thousands BTC are lost forever due to lost keys, broken harddrives, etc.

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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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What a wonderful content .. You provide amazing content and I follow you from a period and honestly you are one of the best people on this platform Thank you very much

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