Why I Sold All My Bitcoin As A Veteran Trader (3 SIMPLE REASONS)

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  • เผยแพร่เมื่อ 22 ก.ค. 2023
  • Disclaimer: (Any views expressed in the video are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.)
    Here's why I think Bitcoin will go down in the near future.
    If you want to buy Bitcoin or Ethereum I highly recommend buying a Bitcoin ETF using Wealthsimple. They charge no fees and you can do it in your TSFA. Did some digging and they insure your trading/margin/TSFA accounts up to 1 million CAD, and cash accounts up to 100k CAD. So don't put more than that and you should be safe.
    Don't buy crypto through wealthsimple as they charge insane crypto fees. For stocks/ETFs it's zero fees. I recommend FBTC which is just a Fidelity Bitcoin ETF. Seems the safest.
    Use this link and get a free stock up to 3,000 from Wealthsimple. (CANADIANS ONLY)
    my.wealthsimple.com/app/publi...
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ความคิดเห็น • 2

  • @Layer2Chimp
    @Layer2Chimp  10 หลายเดือนก่อน

    This video was going to go out on the weekend but I was quite busy. If you learned something please give a sub. I plan to make more videos like this if people enjoy them. I make 0 money from any videos so my incentive is to give my opinion help people make more informed decisions in the markets.
    I can explain more detail in the comments.
    CVD tells you the total net market orders. Eg if 1 million bought and 0.9 million sold, CVD is positive. CVD going down = net selling by impatient participants.
    OI decrease when price spike -> people shorted Bitcoin (OI increasing). When price spiked up, they were stopped out, liquidated, or had to reduce -> OI decrease if others are closing longs.
    News: When good news -> price down, means no buyers left (at 30k+ top)
    When news bad price up, no sellers left (at 15k bottom)

  • @craigu671
    @craigu671 9 หลายเดือนก่อน

    *promosm*