- i remember one of my best friends asked me in 2018 if it was good to buy Bitcoin around 4000$.. around bottom, i answered nothing, i just told him life is like a computer, it's like 01010101. You just take a decision then u have 50% chance to be correct and 50% chance to be wrong.
- So he had like 50k Euros at that time and he decided to buy a small studio because it was more a " Secure investment ", if he bought BTC by that time he would have 12.5+ BTC for last 2021 bullrun and could sell for 600,000++ Euros after 2 years ( if he sold btc around 50k$). Right now his studio's prices didn't move up or down.
so that short story is true, i didn't dream it. i just posted it to explain something very important :
- more you invest in something safe more the return will be poor.
- more you invest in something dangerous more the return will be good.
This simple law is valuable for everything, not only for cryptos. if you buy a studio in center NYC, you will pay it a lot but you will have more chance to be safe, the return will take many years of your short life. if you buy a studio in Cambodia, you will pay it much more cheaper and your invest could be transformed x5-x10 or going to zero.
let's back to the trend :
- it's important to check the difference between CME and Exchanges.
- When retails can buy 10$ in BTC in Coinbase, you need at least 10,000$ to invest in CME.
- i noticed this price difference from the last July BTC dip, when BTC dipped on exchanges the price was 17500$ ish. But on CME price bottomed around 18500$ ish and few day ago from now made a kind of double bottom tap.
- So to come back to my friend story, do you follow retailers or big hands ?
- i will post in comments the next important CME GAPs that BTC have to take back in future.
Happy Tr4Ding and St4y Safe !