Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Seeking Alpha 2021-09-13 16:04:02

Crypto Chartbook: Bitcoin, The Ultimate Backup Plan

We find ourselves in a world of complexity that makes six sigma events due to the vulnerability of such a complexity much more likely than we would like to.We find anticipatory preparedness the only way to navigate the treachery waters of long term.Our approach thrives on anticipated early low-risk entries with target exits, versus the more commonly confirmed (late) entry methodology with a trailed stop approach for exits.Regarding wealth preservation, it is mandatory to anticipate the worst as a significant drawdown can ruin your long-term equity curve since you need to make 100% profit to be back at breakeven after a 50% loss.

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