I had bitcoin until the models showed me the peak and drop. Then I timed my exit, and followed their advice to put my BTC investment in something else just a couple hours before the drop started. I managed to time the peak correctly down to a 2 hour window. But before you guys ask me for predictions, cryptos are extremely difficult to predict, and only rarely does an indicator hold steady for 1 month + like it did for that peak and subsequent drop. It apparently requires several variables to line up that are all stable, and with cryptos, that's extremely rare.
Models so far have not been terribly impressed with BTC as a long term investment.
I don't have a huge amount of knowledge about cryptos, but I have a little skin in the game. Not much. My interest is in long term investing. Cryptos, for the most part, seem to be too volatile for that.
Models so far have not been terribly impressed with BTC as a long term investment.
I don't have a huge amount of knowledge about cryptos, but I have a little skin in the game. Not much. My interest is in long term investing. Cryptos, for the most part, seem to be too volatile for that.
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The scientist has a question to find an answer for. The pseudo-scientist has an answer to find a question for. ~ "Failure is the path of least persistence." - Chinese Fortune Cookie ~ Logic left. Emotion right. But thinking, straight ahead. ~ Sperate supra omnia in valorem. (The value of trust is above all else.) ~ Meowsomeness!
The scientist has a question to find an answer for. The pseudo-scientist has an answer to find a question for. ~ "Failure is the path of least persistence." - Chinese Fortune Cookie ~ Logic left. Emotion right. But thinking, straight ahead. ~ Sperate supra omnia in valorem. (The value of trust is above all else.) ~ Meowsomeness!
