Reminder: $BTC is a Volatile Asset

Reminder: $BTC is a Volatile Asset

By nealmcspadden | Neal's Corner | 5 Jan 2021


Before turning in for bed last night, I set a bid on $BTC for $29,268. When I woke up, I saw these massive red candles, and my bid was filled.

I ended up selling at $30,190, so I made a few bucks. It was 0.1 BTC in size.

But that's not the point here. The point here is:

BTC Will Rip Your Face Off

And by that I mean that it's a super-volatile asset. If this is your first bull market, you may not viscerally understand what that means. We are going to see moves up and down 10, 20, 30% frequently. If you're trading, you need to be prepared for that.

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nealmcspadden
nealmcspadden

Just an anarcho-capitalist living the good life.


Neal's Corner
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