Carnage in the Crypto World

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by Rational Egoism
Wednesday, May 19, 2021 - 8:31

As an investor or trader you always sell into strength, sure markets can always go higher, but just check out the prices one gets when selling into a declining market where everyone is running for the exits at the same time. The Bitcoin market serves as just another example regarding the idea that you haven’t actually made any money on a trade until you close out the position. 

In this video we discuss the substantial losses across the cryptocurrency space, we examine the technicals on Bitcoin, and explore some broader takeaways for the other market bubbles such as technology.