When investing in an asset with a long-term goal, stick to it

AngeloBTC, a former well-known trader on the crypto derivatives exchange BitMEX, believes that after the recent dropThe Bitcoin market is still ready to head to new highs.

Currently AngeloBTC calling himself"Whale trainer", no longer takes an active part in the auction, but sometimes appears on Twitter to share their forecasts. In the past, AngeloBTC was ranked number one on BitMEX in terms of estimated profit with an indicator above 3,100 BTC.

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"Crazy, how they had to crash the stock market in order to survive people before halving bitcoin,AngeloBTC told his 148,000 followers on Twitter.

Incredible, but we're still heading for $ 30,000. ”

AngeloBTC returned to Twitter in February after a break of several months to name goals for several cryptocurrencies by 2021:

Bitcoin — $30 000,
Ethereum — $500,
XTZ — $10,
XRP — $1.

Last year, AngeloBTC told the following story:

“In February 2017, a well-known bull from the BitMEX troll box set a target of $ 10,000 at the end of the year. At that time, bitcoin was trading at about $ 1,000 and was close to breaking the all-time high.

However, this person believed that the market WASMUST be adjusted first. He decided to short up to $ 800 before going long. Keith Sleger with BitMEX criticized the logic of this person and said: “Will you risk the chance to earn $ 9,000 from a coin to get 20%?”

After 30 days, this person was liquidated by $ 1,300. After 10 months, bitcoin rose to $ 20,000. More was not heard from him. ”

From these observations, AngeloBTC concluded the following:

“If you invest in an asset with a long-termgoal, stick to it. Beware of adding new variables if you think that in the interval you can correctly calculate the market. The vast majority of us, including myself, make this mistake. May this man’s sacrifice be a lesson. ”

The Bitcoin market continues to be in a fever in recent days, and the price moves across the spectrum from $ 6,000 and below $ 5,000.

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Under these conditions, market participants are still being liquidated, much more than before the events of Thursday.