Don't Catch the Falling Knife

When a coin falls vertically, your instinct tells you "it's cheap, I'm going to buy now"

This is called catching a falling knife and usually ends with a cut hand and an empty account

Wait for the price to hit the floor, stop falling, and start forming a support structure

Buying a bit more expensive but with confirmation is infinitely safer than guessing the bottom

BTC
BTCUSDT
90,141.7
-0.29%

#trading #PriceAction #Estrategia #RiesgoVsRecompensa