This article was posted on Saturday, 13:48, UTC.
We have been suggesting here and on twitter like a broken record that the ETH and XBT trades were hyper-extended and overdue to correct. It looks like big money and/or hostile forces have taken advantage of the two corrections to force out weak hands from many altcoins. These are the days when if you are not leveraged, you ought to play golf or take the kids to the park. The current selling will end, so if you are not leveraged, and if you failed to sell the highs, it might be a good idea to just relax and take a…
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Jim has an MBA from the University of Southern California. He has had a long career in both Corporate Finance and IT. Along the way he discovered that trading was a vehicle with great promise, but struggled for a long time without a mentor. After having been knocked down many times and having struggled to get back up, he had an epiphany and realized that geometry was a solution. He shares his experience here.
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