| We're always going to have some losing trades in our services. Our current track record in The War Room is a 76% win rate since we started in 2019. But just because a long-term play is down in the short-term, it doesn't mean the overall trade is a loser. Ok, enough about the downside of panic selling. What about the upside of holding? Well, as we continue to hold onto this crypto play, I want to show you why I believe it still has room to grow. Right now, analysts at JPMorgan are predicting $165,000 Bitcoin by the end of this year. If Bitcoin reaches $165,000 or even $200,000, then this long-term crypto play could be a double or even a triple. When it comes to trading crypto itself, Bryan and I have always been skeptical. We're not out here shilling memecoins with nothing tangible backing them. We're also not ignoring risk management. Crypto is a volatile market that moves fast - and a small mistake can nuke everything. Just like with our options trades, we're establishing clear entry and exit plans. We're also using stop losses and position sizing to manage risk. These fundamentals are the essence of consistent winning trading. So if you ever get worried about a long-term play being down, remember to focus on these fundamentals so you know you're trading without unnecessary risk. YOUR ACTION PLAN Bitcoin hitting all-time highs is just one example of how staying patient can be rewarding for traders. Plus, with more bullish sentiment on crypto, there's still plenty of time to get in on this play. My colleague Bryan Bottarelli also recently announced a $3 coin he believes could reach $100 by the end of 2026. Click here to see how the technology behind this $3 coin could change finance forever.
| 
No comments:
Post a Comment