🚨Educational post :Case Study 🚨
Now we see the down market for the first time since September , look at my previous post where I explained our possible strategies l, e.g. I am averaging down on $Ebang International Holdings Inc.
and I am "playing dead" at $Aprea Therapeutics Inc
and $Triterras, Inc.
So what's now after seeing 20-30% down ?
Don't panic ! bring a paper and a pen, put all the possibilities and do the Math, lets do it together for $Ebang International Holdings Inc.
Our first entry 9 dollars
Averaging down yesterday to 8.5
today is at -15%
what would I do?
as of now, nothing, waiting ...
If the price goes lower than 6.5 dollars, I see it as a great opportunity
if the price goes up when the market opens and Bitcoin bounce back , I will do nothing
If it stays where it is today I will do also nothing (playing dead)
Am I scared? NO
What if the price goes to 6 dollars then it went up to where it was few days ago at 13 ?
Selling after few weeks or months at 13 with
7 dollars average >>> 85% return
9 dollars average >>> 44%return
11 dollars average >>> 18% return
what if the price goes lower than current level to 5
you will be loosing 10-20% more , but I don't think it will go for really long time and I don't think it would reach that much unless there is more massive sell off
what if the prices goes to 20 dollars in the next few weeks/months
you will be making 100-200% on all the averages I mentioned before. that means it doesn't matter that much what average you you have
I really hope everyone makes money ! I am holding my safe long term swings , I am making money else where with other trading strategies.
The only reason why I am posting this is I do want people to make money. It is up to you to make what ever decision and I hold no responsibility about your decision
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